Marathon Gold Corp 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 > Today's Update

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Comment by Ridgebackon Apr 21, 2020 10:55am

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Post# 30933935

RE:RE:RE:RE:RE:RE:Today's Update

I agree with Bearcat they will most likely want to include an agressive drilling program in the Sprite area before going for additional funding. AGM should be sometime towards the end of May and new assays will be slow in coming so assuming they are good, late summer early fall may see financing done. Should not be an issue and hopefully at a price closer to the $1.70-$2.00 range.

Bottom line, build the mine is still in the cards unless the results are so compelling that an offer comes onto the table.

Have a nice day.

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