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Marathon Gold Announces Resource Update for Valentine Lake Property: 1.4 million oz (M&I) at 1.91 g/t Au and 766,500 oz (Inferred) at 2.24 g/t Au

TORONTO, ON –(Marketwired – February 21, 2017) – Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is very pleased to announce a new Mineral Resource Estimate for its 100% owned Valentine Lake Property that was prepared under the direction of Micon International Limited (“Micon”) in accordance with National Instrument 43-101 (“NI 43-101”).