Marathon Gold is a Canadian gold exploration and development company focused on advancing gold resources in North America. It currently has over 920,000 ounces of gold resources across its Valentine Lake and Golden Chest projects. At Valentine Lake, Marathon recently updated the resource estimate to 571,000 ounces of gold in the measured and indicated categories. The company plans to continue expanding resources through 25,000 meters of additional drilling in 2012/2013. Marathon's management team has extensive experience advancing gold projects and the company has a strong capital structure to fund continued exploration and development.

1. Rapidly Developing North American Gold Resources at Low Cost and Low Risk
AGM and Special Meeting 2012
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2. Forward Looking Information TSX:MOZ
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to the Company, 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.
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3. Proven Management TSX:MOZ
Management Board of Directors
Phillip Walford, P.Geo. | President , CEO & Director Phillip Walford, P.Geo. | See Management
• 40 years in the mining industry, primarily in mining geology
• Has held senior management roles at a number of companies George Faught, CA | Non-Executive Chairman
throughout the Americas, including Anaconda Gold, • 30+ years in the financial management and resources
Geomaque Exploration, LAC Minerals, Pamour Porcupine
Mines, and Hudson Bay Exploration and Development industries
• Former CFO of North American Palladium
Sherry Dunsworth, P.Geo. | VP of Exploration
• 25+ years in the mining industry Joe Spiteri, P.Geo. | Director
• Has held positions with Anaconda Gold and Marathon PGM • 30+ years in the mining industry
• Former member of the Mineral Rights Adjudication Board of • Former senior Manager and Officer with Placer Dome,
Newfoundland and Labrador Northgate Explorations, Lac Minerals and Campbell
• Former Geoscience Councilor for the Association of Resources
Professional Engineers and Geoscientists of Newfoundland
and Labrador Page Chilcott | Director
• Former President of the Vancouver Stock Exchange
Jim Kirke, CA | CFO
• 15+ years involvement in the mining industry
• Former CFO of BacTech Mining and Golden Odyssey Mining
David Poynton | Director
• 30+ years of legal and business experience
• President and CEO of Daycon Minerals
• Former Senior VP, General Counsel and Corporate Secretary for
Iberian Minerals and Cadillac Ventures
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4. Capital Structure TSX:MOZ
Capitalization Share Price
Pre-MOA Post-MOA
Acquisition Acquisition $2.0 1.20
$1.8
Share Price (06-15-12) $0.87 1.00
$1.6
Shares Outstanding 29,871,928 50,394,718 $1.4
Volume (Millions)
0.80
Warrants 2,140,995 4,712,550 $1.2
Share Price
$1.0 0.60
Options (at $1.61) 2,689,000 2,689,000
$0.8
Fully diluted 34,701,923 57,796,268 0.40
$0.6
Market Cap ~C$26 million ~C$44 million $0.4
0.20
$0.2
$0.0 -
Oct-11
Jul-11
Apr-12
Apr-11
Jan-11
Jan-12
Analysts Volume Price (CAD)
• Fraser Mackenzie
• Octagon Capital Corp.
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5. Focused on North American Gold Resources
TSX:MOZ
Marathon Gold takes a 3-Prong approach to de-risking your investment
Marathon Gold
Focused on Projects have solid
developing gold Projects have
infrastructure and
Resources in Canada >1,000,000 oz Au
are located in
and USA only- potential of good
mining-friendly
current Resources grade potential
jurisdictions
are expanding!
Marathon Gold currently has 920,000 oz of Resource and growing!1
1. Assuming completion of the Mountain Lake Resources acquisition
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6. Our Projects TSX:MOZ
Legend
Advanced Stage
1. Valentine Lake
– Leprechaun Deposit
2. Golden Chest
Early Stage
1. Bonanza
2. Baie Verte
3. Finger Pond
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7. Summary of Global Resources TSX:MOZ
M and I Resources Inferred Resources
Deposit Tonnes Au Grade Gold Tonnes Au Grade Gold (oz)
g/t (oz) g/t
100%-Owned
Valentine Lake
Project1,2 6,450,000 2.05 424,000 5.740,000 1.65 305,000
Global Updated
Resource Estimate
M and I Resources Inferred Resources
Deposit Tonnes Au Grade Gold Tonnes Au Grade Gold (oz)
g/t (oz) g/t
Golden Chest Mine
Global Initial
3,107,000 1.47 147,000 4,978,000 1.46 233,300
Resource Estimate 3
TOTAL M&I and
TOTAL Inferred
Valentine Lake 9,557,000 1.86 571,000 10,718,000 1.56 538,300
Project and Golden
Chest Mine
1. Source: Technical Report on the Mineral Resource Estimate for the Leprechaun Gold deposit Valentine Lake Gold Project Central Newfoundland, Canada, dated March 29, 2012.
2. Assuming completion of the Mountain Lake Resources acquisition
3. The Golden Chest Mine is a 50/50 Joint Venture with New Jersey Mining Company, therefore Marathon Gold Reserves and Resource account for half
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8. Corporate Strategy Going Forward TSX:MOZ
“We Add Value by Adding Quality Ounces”
Marathon Gold’s
2012/2013 Strategy
CONSERVING UPDATING
GROWTH
CAPITAL RESOURCES
- 25,000 m of drilling to -Progressing the
-1 drill turning be added to the Valentine Lake Project
Valentine Lake Project and Golden Chest Mine
-Prospecting and towards the million
Resource
surveying ounce mark
-6,600 m of drilling to
be added to the Golden -longevity in a volatile
Chest Mine Resource market
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9. TSX:MOZ
www.marathon-gold.com
416-987-0714
Phillip Walford Jennie Guay
President and CEO Investor Relations Manager
pwalford@marathon-gold.com jguay@marathon-gold.com
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10. Our Projects TSX:MOZ
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11. Newfoundland, Valentine Lake Project
100% Owned: Flagship Project TSX:MOZ
Deposit Expansion
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12. Leprechaun Gold Deposit: Updated
NI 43-101 Resource Estimate TSX:MOZ
GLOBAL
Tonnes Cut Au (g/t) Au oz
RESOURCE
ESTIMATE
Total Resource
Above 0.50 g/t
cut off1
Measured 1,378,000 1.90 84,000
Indicated 5,068,000 2.09 340,000
M+I 6,446,000 2.05 424,000
Inferred 5,742,000 1.65 305,000
 Updated NI 43-101 compliant Resource Estimate;
M&I Increase of 54%
 XX m drilled to date; Updated Resource Estimate
based on 25,000 m of drilling in 2011
 Leprechaun Gold Deposit has been extended
along strike and down-dip
 Hanging-wall zones are open in all directions
 Coarse and free gold have excellent metallurgical
recoveries with ~50% by gravity, total >90% 12

13. Idaho, Golden Chest Mine: NI 43-101
Resource Estimate, Near Surface Open-Pit TSX:MOZ
GLOBAL
Tonnes g/t Au Au oz
RESOURCE
ESTIMATE
Total Cut-off
0.40 g/t
M+I 3,107,000 1.47 147,000
Inferred 4,978,000 1.46 233,300
IN OPEN PIT
Total Cut-off Tonnes g/t Au Au oz
0.40g/t
M+I 2,788,000 1.35 121,100
Inferred 3,847,500 1.45 179,000
 Initial Resource Estimate based on 10,000 m of drilling in 2011
 XX m drilled to date
 Produced 8,500 t of ore with an average grade of 6.90 g/t and an average recovery of ~94%
 Fully permitted surface and timber rights with an existing reserve and exploration potential 13

14. Oregon, Bonanza Mine:
Historical High-Grade Producer TSX:MOZ
 100% Owned
 Historical Producer
• 128,500 tons grading 1.2 oz/ton and
99,900 oz Au was produced with an
average recovery of 65%
• Historic mining cut off grade of 0.60
oz/ton (17 grams)
 Three main veins are important for mining
• South Vein
• Bonanza Vein; can be followed on
surface from more than 2,500 ft
• North Vein
 The veins vary from a foot to 6 ft wide and
locally can be up to 30 ft wide, dipping
steeply to the southwest
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15. Bonanza Mine: Property Boundary TSX:MOZ
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16. Reasons to Invest:
Delivering on Milestones TSX:MOZ
 Valentine  Stillwater  Initial Resource  40,000 m drill program  Updated
Lake Resources Estimate is released commences at Valentine Resource
Project purchases on Valentine Lake Lake Project Estimate at
acquired Marathon PGM Project  Signed Acquisition Valentine Lake
by for $110 Million  25,000 m drill Agreement with Mountain Project expected
Marathon  Gold assets of program Lake Resources for 100% Q1 2013
PGM Marathon PGM commences at ownership of Valentine Lake
are spun out; Valentine Lake  20,000 m drill program  Updated
Marathon Gold  10,000 m drill commences at Golden Chest Resource
is formed program Mine Estimate at
 Golden Chest commences at  Initial NI 43-101 Resource Golden Chest
Mine is acquired Golden Chest Mine Estimate released on the Mine expected
 Bonanza Mine is Golden Chest Mine Q1 2013
acquired  Updated NI 43-101 Resource
Estimate released on  PEA anticipated
Valentine Lake Project; M&I for Valentine
increase of 53% Lake Project
2009 2010 2011 2012 2013
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