The financing includes a $80-million senior credit facility, provided by Sprott, and a $25-million subordinated convertible facility, provided by both Beedie and Sprott.
The drill highlights include 43.7 metres of 3.74 g/t gold from the Umwelt hinge target, where three holes tested approximately 300 metres of plunge of an iron formation.
The Sprite Corridor hosts the main Marathon deposit and the recently discovered Berry deposit, the focus of most of the company's recent exploration drilling.
