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 > Gold testing the $2000 barrier again

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Comment by Orkon Nov 21, 2023 10:57am

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Post# 35746438

RE:Gold testing the $2000 barrier again

Average gold production of 195,000 oz/year at an annual average All-In Sustaining Cost (“AISC”)1 of US$1,007/oz for $121M of annual average free cash flow (“FCF”) for 12 years from 2025 to 2036.

After-tax Net Present Value at a 5% discount rate (“NPV5%”) of $648M (US$486M), Internal Rate of Return (“IRR”) of 22%, and payback of 2.8 years.

IRR jumps a whopping 9% to 31+% with Au above 2,000
Is moz CHEAP at 78 cents or what ?? where's me coffee

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