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.

TSX:MOZ - Post by User

Marathon Gold Corp

Bullboard Posts

Comment by 95Bearcaton Jan 31, 2020 2:36pm

82 Views

Post# 30626850

RE:RE:RE:RE:2020

Highly unlikely the Provincial government will contribute financially. Three reasons why: if I remember correctly, Duck Pond lobbied the government for help building their power line but they refused so a precedent has been set, the project as it is now defined will probably have a payback around twelve months so it can finance it's own power line as a hard asset, and lastly, the NL government doesn't have a dime to contribute no matter how much they want this project to start up.

Bullboard Posts

Bombardier delivers Global 6500 aircraft to U.S. Army