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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

Post by Sacks45on May 19, 2020 9:13am
223 Views
Post# 31045024

2.50?

2.50?I think we reach 2.50 before a buyout at 3.5. There are over 4 million ounces good grade safe jurisdiction long mine life with potential to extend. Add to that a short payback for the mine. We also have Manson which should fetch us a bit more as prospective buyers will no doubt know that Manson can easily get a mine built. For those settling for 2.00 then why risk all your hard earned cash in hopes to make an extra 20cent? Just my humble indifferent opinion
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