Marlin Gold Ships a Quarterly Record of 18,875 Ounces Gold in 1Q17, Repays US$2 Million of Debt and Intersects 3.45 g/t Gold Over 7.00 Meters at La Trinidad  

Click to access 2017.04.03_NR.pdf

April 3, 2017 ‐‐ Vancouver, British Columbia ‐‐ Marlin Gold Mining Ltd. (TSX‐V: MLN) (“Marlin” or the “Company”)   is pleased to provide an operating update from its wholly owned La Trinidad mine in Sinaloa, Mexico (“La Trinidad”). Since September 15, 2016, when Marlin began consistently mining the high grade HS Zone, the Company has stacked 79,302 ounces of gold with 19,844 coming in 1Q17 alone.  The tonnes stacked in 1Q17 had an average grade of approximately 1.74 grams per tonne.  In addition, Marlin has an approximately 185,000‐tonne stockpile of mineralized material remains with an average grade of approximately 0.80 grams per tonne.  Management expects to process grades similar to the average stockpile grade as we accelerate mining to reach the southern part of the high grade HS Zone by the end of 2Q17. This is an improvement to prior estimates of reaching the southern part of the HS Zone by 3Q17. With the processing of our current stockpile, and accelerated southern HS Zone mine plan, management now expects consistent operating cash flow for at least the next two full years, confirming what was estimated by the 2nd Amended NI 43‐101 Technical Report dated February 1, 2013 prepared by SRK Consulting.    A detailed operating update will be provided in conjunction with filing our audited financials in April.

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