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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
Post by MudCreekeron May 22, 2019 12:34pm
103 Views
Post# 29764636

Condemnation Drilling.

Condemnation Drilling.

There was mention in that release of adding a fourth drill in June or July to conduct geophysical and condemnation drilling.  For those who might not know, condemnation drilling is done in the areas that they plan to use for the plant and other infrstructure to make sure there's no ore there.  No one wants to leave gold behind because they put a mill on top of it.

The fact that they're starting to do condemnation drilling signals a new stage in the project.  Steady progress, I like it.

Bullboard Posts