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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 PetroLoonie1on Aug 25, 2019 8:04pm
91 Views
Post# 30064379

Perfect Storm for Precious Metals

Perfect Storm for Precious Metals
https://www.kitco.com/commentaries/2019-08-23/U-S-Equities-Plummet-Gold-Soars-Following-Chinese-Tariffs-and-Trump-Tweets.html

Lots of factors driving gold higher including the China-US trade war and any violent crackdown in HK could cause more safe haven buying. 

"The magnitude of today’s multiple events has once again created a perfect storm scenario in which we could see gold move sharply higher from this current price point. The announcement by China to retaliate with tariffs has taken this trade war to the next level."

Bullboard Posts