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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

Post by Ridgebackon May 02, 2020 7:40am
205 Views
Post# 30979009

This weeks musings

This weeks musings
After digesting these weeks news albeit not with out a little indigestion on seeing Sherry depart we have anew team in place. One past recruit from Marathon's past is Jessica Borysenko with extensive field work including management of mapping projects and drill programs. She Worked primarily with the Marathon Pt, Pd, Cu project within the Coldwell Complex as well as other projects in Canada.

Besides giving me some heartburn this week the relief was the share price has put some gas in my tank with the biggest increase in the share price since the dip occurred last month and the largest short term increase I have seen. If only the Mrs. would listen to me and do as I do?
 
So now Manson has his hand picked crew all with excellent credentials, eliminated some redundancy made improvements with the exception of Sherry which I speculate she wanted a change for her personal reasons and Robbert Borst who retired including Chris Haldane replaced with I believe a Jr more suitable to the role.

So now that the A team is perhaps complete we'll wait and see how Manson kicks the ball. Will all this talent be put to good use? No doubt the community efforts and all else is coming together.
Increased analyst coverage suggests good things are in store. Given the potential this mine site has and the opportunity Manson has been given time will tell if he can make good on what appears to be a bases loaded home run scenario if they can hit midfield in the Berry patch?
 
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