Marathon Gold Corporation provided an update on project execution planning at the Valentine Gold Project located in central Newfoundland (the Project). Marathon announced that is has signed a Letter of Intent with SNC-Lavalin to complete detailed engineering for the Project's mill and majorfacilities and develop related equipment and construction packages. Detailed engineering for the Project's Tailings Management Facility continues under Golder Associates Ltd., Stantec Consulting Ltd. will complete the site water management design, and GEMTEC Consulting Engineers and Scientists Limited will continue to be responsible for geotechnical design.