Marathon appoints Raymond Mason as VP of Operations

Toronto, Ontario, August 8th, 2007 - Marathon PGM Corporation (MAR -- TSX) ("Marathon" or the "Company") is pleased to announce the appointment of Raymond Mason, BSc to the position of Vice President of Operations effective August 1st, 2007. 

Mr. Mason has over thirty-five years of experience in all facets of mining including exploration, construction, process engineering, mine engineering, property evaluation and senior mine management.  Mr. Mason's operational experience includes 6open pit and 3 underground mines in northern regions, which are similar to the Marathon PGM-Cu Project.  He was with North American palladium Ltd. from 2001 though May 2006 and was General Manager of the Lac des Iles mine.

"Ray's appointment to VP of Operations is a very important milestone, and this proves how well the Marathon project is advancing.  Ray's skills in mine development and engineering are well suited to Marathon at this position of the Company," stated Phillip Walford, President and Chief Executive Officer. "He has a diverse array of experience, from which Marathon will benefit greatly, especially the mining and processing of a Platinum Group Metals/base metals ore body.  Ray's proven track record of working in climates similar to that of Marathon will be of enormous value in establishing a new mine in North Western Ontario."

All exploration work is being performed under the guidance and supervision of Phillip C. Walford, President and Chief Executive Officer of the Company, a professional geologist and Qualified Person as defined by National Instrument 43-101. Mr. Walford has approved the contents of this press release.

About Marathon PGM Corporation

The Company has a 100-per-cent interest in the Marathon PGM -- Cu project, located about 10 kilometers north of Marathon, Ont. The project is currently undergoing a definitive feasibility study and a 35,000 m drill campaign. As announced previously, the company has completed a revised preliminary economic assessment in compliance with the provisions of National Instrument 43-101, showing a measured resource of 39.2 million tonnes containing 1.6 million ounces of PGM and gold and 285 million pounds of copper, and an indicated resource of 28.9 million tonnes containing 1.1 million ounces of PGM and gold and 178 million pounds of copper. An additional low-grade resource was also identified in the report completed by P&E Mining Consultants Inc. and filed on SEDAR on April 5, 2007.

In April 2007, Marathon entered into an option agreement with Gossan Resources on the Bird River Sill Ni-Cu and PGM property, located in Southeastern Manitoba.  Marathon is conducting exploration activities through 2007 at the Bird River Sill and will be drilling at the Page Zone in late autumn.
 
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 are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors t hat could cause actual events or results to differ materially from those projected in the forward-looking statements. These risks and uncertainties include but are not limited to those identified and reported in Management's Discussion and Analysis for the year ended December 31, 2006. Circumstances or management's estimates or opinions could change, and management disclaims any obligation to revise or update forward-looking statements, whether for new information, future events or otherwise. The reader is cautioned not to place undue reliance on forward-looking statements.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

ON BEHALF OF MARATHON PGM:

"PHILLIP C. WALFORD"
PHILLIP C. WALFORD, P.GEO.
PRESIDENT, CHIEF EXECUTIVE OFFICER
GEN@MARATHONPGM.COM 
TEL: +1.416.987.0711 

FOR MORE INFORMATION, PLEASE CONTACT:
DAVID LENG, P.GEO: DLENG@MARATHONPGM.COM
TEL:  +1.905.537.5377  
FAX: +1.416.861.1925 
WWW.MARATHONPGM.COM      

FOR MEDIA INQUIRIES, PLEASE CONTACT:
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