Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by 95Bearcaton Dec 19, 2017 9:29am
128 Views
Post# 27185582

Drill Program

Drill ProgramOn November 15, Marathon reported that they had drilled 91 holes for a total of 43250m of the 60,000 m planned. They also stated they had released data on 63 of these holes which involved 29,000 m. On Nov 20, they released assays on 10 holes that I estimate involves 5000m. This leaves 18 holes totalling 9000m that are not reported. Don't know why this is the case. They may be waiting on assays or they may not have intersected any mineralization. I don't think that is the case when Walford keeps saying they have the geology figured out and boasts about the high hit rates. I'm not suggesting they are deliberately not releasing the data on these holes but they should let us know.
Also, continuing with the math, we only have 17,000 m left to drill in this program which is about 34 holes so they will need money for sure. The winter drill program needs frost without snow for a few weeks an right now the weather here in Central NL is cooperating perfectly. Should make for an early start in the new year unless the weather changes.

Bullboard Posts