Marathon Gold Corp 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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Comment by Angelique01on Aug 07, 2022 11:01am

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RE:RE:RE:RE:RE:RE:RE:RE:At this moment...

Lets wait and see what the new updated FS shows in terms of financial metrics (updated NPV). Clearly we are in a period (cycle) of falling gold prices given FED battle with inflation which is defintely a headwind but I don't see majors waiting too long before making a move on MOZ. Of course the buyout price we get will always be less that what we think it should be. In my 50 years of gold investing the disappointing nature of a buyout is a constant but is anticipated.

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