Marlin Gold intersects 1.56 g/t AuEq (0.83 g/t Au and 116 g/t Ag) over 102.5 metres at the commonwealth project
Tuesday, May 16, 2017
Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the "Company") is pleased to report drilling results from its wholly owned Commonwealth silver and gold project in Cochise County, Arizona (the "Commonwealth Project").

Core hole 17CDDH26 intersected 1.56 g/t gold equivalent (0.83 g/t Au and 116 g/t Ag) using a 160:1 silver to gold ratio ("AuEq") over 102.5 meters (57.4 meters estimated true width).  The hole was programmed as a twin to reverse circulation ("RC") hole E-9, drilled by DRX Inc. ("DRX") 6.5 meters away nearly 30 years ago.  The grade x thickness profile of 17CDDH26 was over 2.5 times that of the 1980's RC hole.

Fourteen of Marlin's 27 core holes completed to date were programmed to confirm results of adjacent historic RC holes.  Most core holes yielded results similar to the historic RC holes but importantly, several modern holes yielded significant intercepts far greater than the neighboring RC holes.  Additional twin holes are being evaluated to confirm that a significant positive reconciliation between core and RC drilling exists.  This is an important exercise as all historic RC holes were used in the calculation of the resource estimate in the April 2014 NI 43-101 Technical Report and Preliminary Economic Assessment.

It should also be noted that 17CDDH26 is the highest grade x thickness intercept in Commonwealth's 45-year drilling database, surpassing that of 17CDDH10, which hit 2.12 g/t AuEq over 55 meters (33 meters estimated true width).  As is the case with 17CDDH26, the only existing drill data near 17CDDH10 was that of historic RC holes (see press release dated February 2, 2017).

Akiba Leisman, Executive Chairman and Interim CEO of Marlin states that, "the significance of 17CDDH26 cannot be overstated.  We hit 1.56 g/t gold equivalent over an estimated 57.4 meters true width, and only 9.5 meters from surface.  This is in an open pit and potentially heap leachable project.  The positive reconciliation that we see in hole 17CDDH26, and other twin holes drilled to date, is hinting that the historic RC holes are potentially underestimating grade, which if proven true, may have a positive impact on the economics of the Commonwealth Project."

Additionally, core hole 17CDDH25 was designed to test the down-dip extension of the Footwall Zone.  We are pleased to report that 17CDDH25 hit two significant intercepts in the down-dip extension of the Footwall Zone, both of which are interpreted to be true widths, of 0.98 g/t AuEq over 11.4 meters and 1.04 g/t AuEq over 16.5 meters.  

About Marlin Gold

Marlin is a growth-oriented gold and silver mining company focused on the Americas.  The company owns two properties located in Sinaloa, Mexico and Arizona, USA and a portfolio of royalties.  Marlin's priority is to advance its properties toward commercial production and enhance shareholder value through the growth of its wholly owned subsidiary, Sailfish Royalty Corp.  Marlin is backed by a well-funded investor with a successful track record in the resources sector.  The La Trinidad Mine in Sinaloa, Mexico declared commercial production on November 1, 2014 and is one of the highest-grade open pit heap leach gold mines in Mexico.

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