Gold Over 23 Meters Intersected At La Trinidad Open Pit Heap Leach Gold Mine

VANCOUVER - Marlin Gold Mining Ltd. reported assay results from the first exploration drilling campaign the company has done since 2011 at its wholly owned 118,000 hectare La Trinidad property in Sinaloa Mexico.

A total of 7 core holes have been completed at the Taunus pit. Holes 15TRD03, 15TRD04 and 15TRD05 targeted areas of the high grade HS Zone where the nearest drill neighbor was greater than 35 meters away. Hole 15TRD06 targeted an area beyond the northern periphery of the HS Zone to see if there were any northerly extensions to this zone. Hole 15TRD07 was intended to confirm waste areas for the optimized Taunus pit development. Holes 15TRD01 and 15TRD02 targeted areas in the lower grade Eldorado Zone. 15TRD07 and the first 36.25 meters of 15TRD05 were drilled using standard HQ diamond drill tools; a HQ triple tube core barrel was used for the remainder of the diamond drilling.

The nearest drill neighbors to this program were 09TR015, 09TR022 and 11TRSN013 and can be seen on a longitudinal section along with our current drill locations.

Executive Chairman Akiba Leisman said, "These drill results are incredibly important for the Company. We have not had any exploration drilling at any of Marlin's projects since 2011. Furthermore, the previous drilling at La Trinidad was limited by very difficult conditions which caused some areas of the high grade HS Zone to be drilled more widely spaced than what would be required for mine planning purposes. With a better understanding of our geology, we were able to target certain areas of the high grade HS Zone that were previously untested, and the results have not only confirmed areas of extremely high grade, but in certain areas have exceeded what we were previously modeling. The intersections are some of the highest grades globally for a heap-leach operation, and we look forward to begin mining this area in Q2 of 2016."

Now that this Taunus pit drill program is complete, we have moved our drill rig over to the Company's San Carlos satellite target. Marlin has begun trial mining at San Carlos for bulk sampling and metallurgical testing purposes, and we aim to be continuously mining this area by September of this year.

These exceptional grades at Taunus bode well for our operations in 2016, especially when coupled with significantly lower waste removal requirements. This will dramatically reduce the cost structure and increase the production profile of Marlin once we begin mining this zone. In addition, there continues to be significant upside at the Taunus pit. The deposit is still open at depth, and a potential feeder system associated with the controlling North-South Chandler fault structure has not yet been discovered. As we continue to mine down to benches below the 46 levels we are currently mining, we will be able to target some of these areas after the San Carlos drilling is complete.