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Latest Marathon Deposit Drilling Hits 4.18 g/t Au over 43 meters, 2.12 g/t Au over 125 meters and 1.91 g/t Au over 82 meters, Valentine Lake Gold Camp

TORONTO, ON–(Marketwired – February 28, 2017) – Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce continued drilling success at the Valentine Lake Gold Camp with the intersection of wide intervals of excellent grade gold including 2.12 g/t Au over 125 meters and 4.08 g/t Au over 43 meters in MA-17-162, and 1.91 g/t Au over 82 meters and 3.20 g/t Au over 22 meters in MA-17-163. The results from MA-17-162 are included in the latest property wide gold resource totaling 1,388,200 oz. Au at 1.91 g/t (Measured & Indicated) and 766,150 oz. Au at 2.24 g/t (Inferred), (press release dated February 21, 2017). The results of MA-17-163, MA-17-164 and ongoing drilling will be included in further resource update expected to be completed later in 2017.