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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.


TSX:MOZ - Post by User

Marathon Gold Corp > June 2, 2023 ... Marathon Gold Maintained at Outperform
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Comment by Ridgebackon Jun 03, 2023 9:31am
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Post# 35478320

RE:June 2, 2023 ... Marathon Gold Maintained at Outperform

RE:June 2, 2023 ... Marathon Gold Maintained at Outperform

National Bank Financial on Friday reiterated its outperform rating on the shares of Marathon Gold (MOZ.TO) and its C$1.75 price target following a tour of the company's Valentine gold project in Newfoundland.

"On May 31-June 1, MOZ hosted staff from ~5 sell-side and 1 buy-side firms for a ~2-day tour of the 100%-owned Valentine Gold Project in Newfoundland & Labrador, Canada. The tour provided an opportunity to add colour to the recent development update, and obtain clarity on next de-risking milestones. Early works commenced in Oct 2022, construction/full mobilization early Q1/23, and first pour remains on track for Q1/25. Not surprising, the site has been transformed since our last visit," analyst Don DeMarco wrote.

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