LONDON (Alliance News) - Rambler Metals and Mining PLC, which has a strategic investment in Marathon Gold Corp, Monday said the latest results from drilling at Marathon's Valentine Lake project showed continued success.
In a statement, Marathon said it had intersected new wide intervals of near-surface QTP-gold mineralization during exploration drilling in the sprite area of the Valentine Lake project. Highlights included 2.53 grammes per tonne of gold over 16.5 metres of true thickness and 2.24 grammes per tonne of gold over 12 metres of true thickness.
Rambler Metals & Mining shares were up 3.9% at 26.5 pence Monday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
Copyright © 2014 Alliance News Limited. All Rights Reserved.