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

<< Previous

Bullboard Posts

Next >>

Post by Ridgebackon May 01, 2020 9:35am

133 Views

Post# 30975401

Thanks Sherry D.

In 2006 Sherry Dunsworth was consulting on the Valentine Lake project in western Newfoundland for Mountain Lake Resources when she happened upon some racks of drill core that had never been sampled. When she took a closer look, the structural geologist discovered the core was streaked with extensional veining and visible gold.

“That really stuck in my head,” said Dunsworth, who recognized quartz-tourmaline veins similar to those that characterize the gold deposits of the Abitibi belt in central Canada.

Now we'll see the rest of the story from this first descovery in 2006 to 2021.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China