Marathon Gold Corporation reported additional drill results from recent exploration drilling at the Valentine Gold Project, central Newfoundland (the "Project"). These latest results represent fire assay data from fourteen drill holes located within the 1.5 kilometre long Berry Zone. Gold mineralization at the Valentine Gold Project is contained predominantly within shallowly southwest dipping, en-echelon stacked Quartz-Tourmaline-Pyrite-Gold ("QTP-Au") veins. At the Leprechaun and Marathon Deposits, as well as at the new Berry Zone, these QTP-Au veins form densely stacked and northwest plunging "Main Zone" envelopes within intrusive host rocks on the hanging wall (northwest) side of the Valentine Lake Shear Zone. The extent of mineralization appears related to the size and frequency of sheared mafic dykes which extend northeast-southwest within the hanging wall, parallel to the shear zone. Exploration drilling is generally undertaken in two orientations: down steeply towards the northwest at a high angle to the individual veins and down-plunge of the Main Zone stacking, or obliquely towards the southeast sub-parallel to the individual veins and across the strike of Main Zone mineralization. The results released today are derived from ten drillholes located within or adjacent to the Berry infill drilling area between sections 13440E and 14080E, and an additional four drillholes in the Frozen Ear Pond Road area between sections 14720E and 14800E. Ten of the fourteen holes were oriented steeply down to the northwest testing for Main Zone type stacked QTP-Au mineralization close to the Valentine Lake Shear Zone. Four holes were oriented steeply down to the northwest within hanging wall rocks but at a greater distance from the shear zone contact (VL-20-925, 926, 932 and 933). All fourteen drillholes returned "significant" drill intercepts of greater than 0.7 g/t Au, and each drillhole returned additional intercepts with gold grades above the 0.3 g/t Au cut-off used in the January 2020 Mineral Resource Estimate for the Project.