Marathon Intersects 3.16 g/t PGM and Au and 0.40% Cu over 14 m at Bamoos-Claw Lake-Four Dams Property

    TORONTO, April 30 /CNW/ - Marathon PGM Corporation ("Marathon" or "the
Company", MAR-TSX) is pleased to announce initial drilling results from the
Bamoos-Claw Lake-Four Dams ("BCF") Property, which is being explored under an
option and joint venture agreement with Benton Resources (TSX.v:BTC). The BCF
property adjoins the Company's Marathon Project near Marathon, Ontario.
Numerous wide intercepts of PGM and Au and copper mineralization were
discovered. The results are very positive, as the limits of the Main Zone
mineralization have been expanded with this initial phase of drilling.Highlights:
    -   drillhole MB-08-06 intersected 3.16 g/t PGM and Au and 0.40% Cu over
        14 m (from 44-58 m)
    -   drillhole MB-08-06 intersected  2.02 g/t PGM and Au and 0.32% Cu over
        18 m (from 7-25m)
    -   Main Zone extension on BCF Property to be included in Marathon
        feasibility study

    Phillip Walford, President and CEO noted, "Drilling the north end of the
Main Zone extension will bring this area up to the measured and indicated
category. The resource will be included in the feasibility study as part of
the ore reserves and should extend the potential mine life."


    Results from Marathon-Benton JV Drilling
    ----------------------------------------
    -------------------------------------------------------------------------
                                True                           Total
                              Thick-                            PGM
                From      To    ness     Pd      Pt      Au   and Au     Cu
    Hole         (m)     (m)     (m)   (g/t)   (g/t)   (g/t)   (g/t)     (%)
    -------------------------------------------------------------------------
    MB-08-01      10      14       4    0.68    0.13    0.08    0.89    0.34
    -------------------------------------------------------------------------
    MB-08-02      72      92      20    1.16    0.25    0.11    1.52    0.32
    -------------------------------------------------------------------------
    including     86      92       6    2.17    0.46    0.24    2.87    0.49
    -------------------------------------------------------------------------
    MB-08-02     106     116      10    0.84    0.64    0.32    1.00    0.21
    -------------------------------------------------------------------------
    MB-08-05       8      32      24    0.92    0.72    0.19    1.00    0.31
    -------------------------------------------------------------------------
    including     24      32       8    1.18    0.34    0.16    1.68    0.44
    -------------------------------------------------------------------------
    MB-08-06       7      25      18    1.44    0.43    0.15    2.02    0.32
    -------------------------------------------------------------------------
    including      9      19      10    1.75    0.53    0.19    2.47    0.34
    -------------------------------------------------------------------------
       or         13      15       2    3.26    0.74    0.23    4.23    0.56
    -------------------------------------------------------------------------
    MB-08-06      44      58      14    2.37    0.60    0.20    3.16    0.40
    -------------------------------------------------------------------------
    including     52      56       4    2.74    0.56    0.32    3.62    0.50
    -------------------------------------------------------------------------
    MB-08-07      52      58       6    0.93    0.32    0.12    1.37    0.26
    -------------------------------------------------------------------------
    including     56      58       2    1.51    0.41    0.19    2.11    0.43
    -------------------------------------------------------------------------
    MB-08-07      76      84       8    0.73    0.25    0.12    1.10    0.40
    -------------------------------------------------------------------------
    including     78      80       2    0.71    0.29    0.12    1.39    0.57
    -------------------------------------------------------------------------
    MB-08-08     124     136      12    1.18    0.32    0.09    1.59    0.32
    -------------------------------------------------------------------------Current Drilling
    ----------------
    Drilling has provided valuable information regarding extent and features
controlling mineralization.
    Hole MB-08-03 encountered a large inclusion of footwall volcanic rock,
which had not been encountered in previous drilling. MB-08-04 encountered only
footwall volcanics, west of MB-08-05. Holes MB-08-07 and MB-08-08 encountered
mineralization to the east and west, respectively, of a footwall volcanic
fragment.
    Drilling on the BCF property is continuing and a second drill rig is
being mobilized to further extend the high-grade W horizon on the Marathon
property.
    All of the samples were sent to Accurassay, an accredited laboratory in
Thunder Bay, Ontario, to be assayed using fire assay and other standard
techniques.
    Phillip Walford, P.Geo., President and CEO is Marathon's Qualified Person
in compliance with National Instrument 43-101 with respect to this release.
Mr. Walford has reviewed the contents for accuracy and has approved this press
release on behalf of Marathon.

    About Marathon PGM Corporation

    Marathon is in the process of completing a definitive feasibility study
on the Marathon PGM-Cu deposit. Marathon also has development and exploration
stage properties in southeastern Manitoba and western Newfoundland and
Labrador. Marathon's management plans to build on this focus through the
advancement of its properties, focusing on resource development and by
examining other strategic PGM and base metal opportunities within Canada.

    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, 2007. 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.

    On Behalf of Marathon PGM:
    "Phillip C. Walford"
    Phillip C. Walford, P.Geo.
    President, Chief Executive Officer
    Tel: [phone]
    [e-mail]

    %SEDAR: 00020574E

For further information: David Leng, P.Geo: Tel: [phone], Fax:
[phone], [e-mail]