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Marathon Gold Corp MGDPF


Primary Symbol: T.MOZ

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

Bullboard Posts
Comment by Cousin_Gerton Sep 13, 2012 9:41am
163 Views
Post# 20355897

RE: V.Lake Update

RE: V.Lake Update

So to date they have identified 3km of great gold hosting geology stretching from J.Frank in the South West to the 1MM OZ Leprechaun Pond Deposit(will be at least 1MM in the 43101 update coming in last QT of 2012) and then continuing to the NE on to the Sprite Zone; and this area is just the 1st 3 km's over a total 23Km strike length.

As well the LPond deposit has only scratched the surface down to about 250m and remains completely open at depth. They will be reporting 1MM OZs in just this first 250m of depth and all indications to date indicate that this deposit cold extend 1000m or more below surface and that with depth the grade could also be increasing. No one yet knows the full potential of this huge property at Valentine Lake, but I am betting on 3MM OZ as a minimum with lots of upside possibilities as they get more holes punched along strike and go deeper at LPond....C.Gert

Bullboard Posts