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Marathon Gold Corp 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 Jan 29, 2013 8:45am
164 Views
Post# 20904057

RE: Marathon Step Out HITS!

RE: Marathon Step Out HITS!

Hey RB....this is what I have been expecting from LPond and actually much much more going forward. The LPond deposit has shown very similar characteristics as the Abitibi Region where the resource can actually extend down for a kilometer or more....LPond is already at about 1 MM OZ and could well be a multi million OZ(maybe 3MM??) deposit with a continued deep drilling effort. These numbers today are great...very rich and good widths.

Note as well, that the whole VLake property has in the order of 23Kms of strike length. If this was overlayed onto similar geologic area in the Abitibi,,,there could well be several deposits exceeding 1MM OZ within this size of property...A recent MOZ NR has stated they are also going to be focusing this winter's drill program on the Valentine East showing...perhaps this will turn up to be the next 1MM OZ one..  .C.Gert

Bullboard Posts