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Marathon Gold Corp 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

Comment by 95Bearcaton Apr 16, 2020 7:49am
138 Views
Post# 30915246

RE:Hey 95BearCat --- where ya at?

RE:Hey 95BearCat --- where ya at?Guess everyone has had time to digest the new assays. I think they are very encouraging, good grades, 200m deep and open along strike. 806 at section 13730 is a big hole which looks like mineralization extends from 13410 . 806 supports the earlier 786 hole that had great grades.. So 300m appears to be realistic. 807, 808, 810 and 811 take us to 14200 with mineralization in each hole, so maybe 800 m may be in play. Same sort of orebodies as the two big pits. The only thing that concerns me is at this time it is only 40m wide and only more drilling can change that. The limited exploratory drilling has been successful in detirmine get significant ore is there and I'm surethere is enough information to inform the geologists where future drilling is needed. Going to be exciting times
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