Ann: Appendix 2A, page-6

There's gold in dem der hills.

TORONTO, July 22, 2020 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to report drill results from recent exploration drilling at the Valentine Gold Project, central Newfoundland (the “Project”). These latest results represent fire assay data from the initial ten drill holes completed in the new Berry Zone following the restart of drilling operations on June 9, 2020.

Highlights include:VL-20-823 intersected 3.33 g/t Au over 120.0 metres, including 11.83 g/t Au over 10.0 metres, 13.03 g/t Au over 2.0 metres and 4.97 g/t Au over 28.0 metres;

VL-20-824 intersected 3.37 g/t Au over 36.0 metres, including 36.14 g/t Au over 1 metre, and 5.69 g/t Au over 7.0 metres, and 51.52 g/t Au over 4 metres including 203.65 g/t Au over 1 metre, and 37.56 g/t Au over 1 metre;

VL-20-822 intersected 2.33 g/t Au over 32.0 metres including 10.49 g/t Au over 4.0 metres, and 7.84 g/t Au over 5.0 metres including 29.20 g/t Au over 1 metre; andVL-20-821 intersected 2.12 g/t Au over 13.0 metres;