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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Comment by MudCreekeron Dec 18, 2019 4:07pm

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Post# 30469952

RE:RE:RE:Sprite Proximity To Mill

The location of the mill might also change in the PFS, or in a FS. A lot of the infrastructure "footprint" was taken up by the heap leach pads, so that part will change for sure and that gives the PFS engineers additional flexibility. At this stage it's easy to move the mill - it's a bit harder to move the deposit.

They won't be using Sprite in the PFS, so I expect the mill will be situated near Marathon in the PFS. If Sprite (or target 5) (or some other place) turns out to have a nice pocket of high grade near surface stuff that they want to use as a starter, they can always change plans and place the mill nearby. None of this is written in stone until foundations are laid.

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