Marathon Gold Strengthens Board of Directors

TORONTO, Nov. 6, 2012 /CNW/ - Marathon Gold Corporation ("Marathon" or the "Company") (MOZ: TSX) today announced the appointment of Mr. Julian Kemp to the Board of Directors of Marathon Gold effective immediately.  Mr. Kemp replaces the vacancy on the Company's Board left by Mr. Jim Frank, the former Chairman of Marathon Gold Corporation and founder of Marathon PGM Corporation, who passed away on Saturday, October 15, 2011.

Julian Kemp is a Chartered Accountant with more than 20 years of management and financial experience in the mining industry. His experience has been focused on restructuring and transforming exploration and development companies into producers. Julian has guided various junior mining companies with precious metals, base metals and coal operations in North American and internationally as well as mining engineering and contracting companies. He is currently Vice-President Finance and Chief Financial Officer of Fortune Minerals Limited, a position he has held from 2004 to present. Julian has also served as a Director for a number of public companies and is currently a Director of Rubicon Minerals.

"Mr. Kemp brings a wealth of experience in all aspects of junior mining company operations and his contributions will be invaluable as we continue to advance our assets. Julian's financial background significantly strengthens our team and he will play an important role in accelerating our growth," said Phillip Walford, President and CEO of Marathon Gold Corp.

About Marathon Gold Corporation

Marathon Gold Corporation is a North American gold resource development company, with projects located in the mining friendly province of Newfoundland and Labrador, the prolific Coeur d'Alene Mining District of Idaho and the historic gold rich Greenhorn District of Oregon, USA.  Marathon has a project pipeline consisting of early stage exploration to advanced resource development projects. Marathon is continually evaluating new gold resource development projects of merit that are located within the Americas.  Marathon's focused and low-cost approach to exploration and resource development has an established record of delivering rapid growth.  For more information visit: www.marathon-gold.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical fact relating to Marathon Gold Corporation, certain information contained herein constitutes "forward-looking statements". Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as "expects", "anticipates", "plans", "believes", "considers", "intends", "targets", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". We provide forward-looking statements for the purpose of conveying information about our current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes.  By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Marathon Gold Corporation's public filings, which may be accessed at www.sedar.com.  Other than as specifically required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.

SOURCE: Marathon Gold Corporation

Marathon Gold Corporation

Phillip Walford
President and CEO of Marathon Gold
Tel: [phone]
E-mail: [email protected]