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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 JR5on Feb 26, 2013 7:53pm
217 Views
Post# 21045952

RE: RE: RE: Need some news

RE: RE: RE: Need some news

The results were better than I expected for the Sprite Zone. The map creates a nice picture of the potential to have not just a satellite deposit but a continuos deposite that is shallow at one end and increases in depth and grade as one moves from east to west. I've been waiting for a further step out and have wondered for some time if as MOZ might try to drill deeper to test for higher grades and perhaps an underlining layer that could really increase the ounces and the speculation that there is a major deposit much like the Hemlo discovery (thinking in terms of how long that went undiscovered until someone drilled deep enough in the right place). Certainly keeping everyone guessing where the next set of drill results will be from.

 

Cheers,

 

JR.

Bullboard Posts