Marathon Drills High-Grade Intervals at the Marathon (4.79 g/t Au over 19 meters) and Leprechaun Deposits (5.30 g/t Au over 11 meters) Valentine Lake Gold Camp

Marathon Gold Corp.

TORONTO, ON--(Marketwired - July 05, 2017) - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) is pleased to announce new drilling results from the summer 2017 drilling program at the Marathon Deposit and Leprechaun Deposit, Valentine Lake Gold Camp, central Newfoundland. Drilling at the Marathon Deposit successfully intersected high grade gold intervals at depths within the main mineralized corridor with 4.97 g/t Au over 19.0 meters in MA-17-180, 4.55 g/t Au over 13.0 meters in MA-17-181 towards the northeast end of the current deposit and 9.94 g/t Au over 5.0 meters in MA-17-179 and 3.91 g/t Au over 11 meters in MA-17-178 towards the southwest end of the deposit (Figure 1). Drilling along the southwest end of the Leprechaun Deposit succeeded in intersecting high-grade gold in down-dip extension of the main zone of mineralization with 5.30 g/t Au over 11.0 meters and 4.75 g/t Au over 4.0 meters in VL-17-643 (Figure 2). Drilling continues at both the Marathon and Leprechaun Deposits with a 4th drill rig starting up in early July 2017.