Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.

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Marathon Gold Corp > Today Is Not A Good Day as Calibre Mining Buys Marathon Gold

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Comment by NLMooseon Nov 15, 2023 11:41am

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Post# 35736982

RE:RE:RE:RE:Today Is Not A Good Day as Calibre Mining Buys Marathon Gold

I don't think this deal will go through either as Marathon Gold shares are well below the agreed 84 cents a share, which is one of the requirements for this takeover agreement from Calibre Mining to go ahead.

Right now, Marathon Gold shares are trading at 70.5 cents a share.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle