Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

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.

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Marathon Gold Corp

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Post by TaylorDart01on Dec 18, 2019 11:11am

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Post# 30468217

Potential

Hi Gstd,

Flattered to hear that, thank you.

Looks like potential for up to 150k ozs at Target 5 alone if continue to see drilling success there. Target 5 is new target roughly 500 meters east of 4th pit with current Sprite resources. Should come in at 2+ grams per tonne gold too. If they can fill in from 786 west to where Target 5 sits, potentially 300k ounces plus. Worth noting that current Sprite resource across their 4 mini pits is only 100k ounces currently.

Grades at Target 5 are exceptional as seen in 769 (14 @ 2.3, 9 @ 4.33, 9 @ 2.04, 5 @ 7.53), and 779 (13 @ 3.82, 11 @ 5.54). These build on 2018 results and confirm what we saw in:

665 (7 @ 2.65, 3 @ 4.18), 676 (49 @ 6.17)

https://imgur.com/a/NeMMyKU

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