Marathon intends next to drill Mt Gee as well as the Hodgkinson...

Marathon intends next to drill Mt Gee as well as the Hodgkinson and Armchair - Streitberg deposits. The rationale behind the
program is:
(a) to increase the tonnage (size) of and confidence in the Mt Gee inferred resource estimate towards an indicated resource
(b) to establish a resource estimate for the Armchair and Streitberg deposits, and
(c) to examine the mineralisation system at and establish a resource estimate for the Hodgkinson deposit; the same computer
modelling technique as was applied at Mt Gee is almost finalised for this deposit and will be used to determine drilling sites.
A drill rig has been contracted to carry out a program of drilling in the tenement. The drill rig originally contracted to commence
work at Marathon’s tenements on 22 August had unfortunately been delayed and and another rig will now commence work midlate
October. Once the rig arrives it will be committed to Marathon’s work program.
A program of some 31 drill holes is proposed, of which 11 holes are the first phase of the program. The locations of these 11
holes are shown in Figure 1, six at Mt Gee and five at Armchair-Streitberg. Drilling will commence at Mt Gee and be followed by
drilling at either Armchair-Streitberg or Hodgkinson, depending on assessment of the Hodgkinson model for required drilling.
At the completion of the drilling program, and prior the next phase of drilling, size, grade and tonnage of the Mt Gee deposit will
be re-assessed. It is anticipated that the program will also yield sufficient drill hole/assay data for assessment of the resource at
Armchair–Streitberg and at Hodgkinson.