Marathon Gold reports additional infill drill results at Berry Deposit

Marathon provides assay results on in-fill drill holes completed at the Berry Deposit, part of the Valentine Gold Project located in central Newfoundland. During the 2022 exploration program, Marathon completed 20,931 metres of infill drilling at Berry, none of which was included in the Project’s June 2022 Mineral Resource Estimate. This in-fill program targeted gaps within the existing Berry drillhole dataset that are largely assumed to be un-mineralized waste in the Berry geological model but are within the conceptual pit shells used in the MRE. Success with this program has the potential to add mineable ounces to the Project’s mine plan. Assays from 9,811 metres of the 2022 drilling were previously reported. These latest results represent fire assay data from 5,490 metres of drilling in twenty-seven holes. Highlights include: VL-22-1258 intersected 5.01 g/t Au over 18 metres including 23.02 g/t Au over 1 metre and 17.90 g/t Au over 1 metre, and 4.28 g/t Au over 9 metres including 23.43 g/t Au over 1 metre, and 2.78 g/t Au over 6 metres including 11.72 g/t Au over 1 metre; VL-22-1256 intersected 3.50 g/t Au over 14 metres including 10.44 g/t Au over 1 metre. VL-22-1236 intersected 1.12 g/t Au over 46 metres. VL-22-1240 intersected 6.91 g/t Au over 7 metres including 12.86 g/t Au over 2 metres; and VL-22-1248 intersected 1.31 g/t Au over 29 metres including 16.76 g/t Au over 1 metre.