Marathon Drilling Expands High Grade W Zone and Establishes New Potential of SG Zone
March 21, 2007 - Toronto, Ontario: Marathon PGM Corp. (TSX: MAR) is pleased to announce the results of ten drill holes in the W zone and in the SG Zone. The holes drilled to intersect the W Zone were for the most part infill holes. The SG Zone, which is located 1 km south of the Malachite Zone, was tested with 5 drill holes and 4 of those holes intersected good values.
Dave Good, VP Exploration, said that "based on our preliminary studies of solid modeling and inter-element ratios it is likely that previously defined individual mineralized zones are actually shoots within mineralized envelopes." With this interpretation, mineralization in the upper horizon of the BR zone, the W zone and possibly the hanging wall zone of the Southern Resources area are enclosed within a single envelope. In general, this mineralized envelope contains higher concentrations of PGM with respect to copper in comparison to the Main zone. Previous intersections in the 4 holes drilled by Anaconda Canada Ltd between the BR and Southern Resources zones are significant and indicate continuity along strike. The highest grade intersection was in An-116 which had 1.5 m grading 12 g/t pgm and 0.27 % copper. Approximately 125m to the south along strike, drill hole An-117 intersected 2 m with 9.78 g/t PGM and 0.05% Cu. Overall, the envelope has grades below!
3 gpt PGM, however there are lenses or shoots within the overall zone that are above 3 gpt. The high grade material previously announced in the last press release as well as the intercept in M-07-249 of 10 m grading 4.59 g/t PGM and Au and 0.05 % copper are from one of the shoots. The shoot now has 22 drill holes intersecting high grade mineralization that has been traced 200m down plunge and up to 170 m down dip.
The other high grade intersection in M-07-242 of 4 m grading 7.45 g/t PGM and gold and 0.01% copper is from another high grade shoot first encountered in hole M-05-33 intersecting 10 m grading 8.32 g/t PGM and gold and 0.21 % copper including 2 m grading 25.11 g/t PGM and gold and 0.40 % copper. All the high grade shoots are still open to the north. There is an area approximately 1 km long by 700 m wide between the Malachite and the north end of the South Resource that has the potential for additional high grade shoots. Drilling is expected to contin!
ue in this area until the drills have to be removed for break- up and
will resume when conditions permit.
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About the Marathon PGM - Cu Project
The Company has a 100% interest in the Marathon PGM - Cu Project, located about 10km north of Marathon, Ontario. A major drilling program is underway to expand the resource on the property.
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 that 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, 2005. Circumstances or management's estimates or opinions could change, and management disclaims any obligation to r!
evise 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 CORP., 
"PHILLIP C. WALFORD"   
PHILLIP C. WALFORD   
PRESIDENT AND CEO   
GEN@MARATHONPGM.COM  
416-987-0711    
FOR MORE INFORMATION, PLEASE CONTACT:
RENMARK FINANCIAL COMMUNICATIONS INC.
JASON ROY: JROY@RENMARKFINANCIAL.COM
BARB KOMOROWSKI:  BKOMOROWSKI@RENMARKFINANCIAL.COM
MEDIA - VANESSA NAPOLI: VNAPOLI@RENMARKFINANCIAL.COM  
TEL: (514) 939-3989 
FAX: (514) 939-3717
WWW.RENMARKFINANCIAL.COM
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Marathon PGM Corporation
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EXPLORATION STAGE |
CODE : MAR.TO |
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Marathon PGM is a nickel and zinc exploration company based in Canada. Marathon PGM holds various exploration projects in Canada. Its main exploration properties are BIRD RIVER - PAGE BLOCK, BIRD RIVER - ZN & CU ZONE, BIRD RIVER - NI ZONE, MARATHON and GEORDIE LAKE in Canada. Marathon PGM is listed in Canada and in United States of America. Its market capitalisation is CA$ 9.2 millions as of today (US$ 7.1 millions, € 6.2 millions). Its stock quote reached its lowest recent point on August 14, 1998 at CA$ 0.02, and its highest recent level on June 03, 2011 at CA$ 7.50. Marathon PGM has 17 700 000 shares outstanding. |