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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
Comment by 95Bearcaton Feb 07, 2020 10:40am
87 Views
Post# 30657818

RE:RE:Community Engagement

RE:RE:Community EngagementThat could be, but I think the level of detail required by th PFS is the culprit. They have also reconfigured the waste rock dumps for both pits, they have to define areas for overburden stockpile for mine closure and remediation. The work they did for the PEA needs to be redone to a degree. In the last drill program they drilled the areas identified for mill/tailings/ waste dumps. Now they have 12,000 m of drilling in the new program for the new areas to make sure they are not covering potential reserves. This could change but not likely. Everything east of the fault line appears to be waste. 
Bullboard Posts