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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 BGraham2on Oct 04, 2020 7:55am
214 Views
Post# 31664090

Dr Quinton Hennigh.......................

Dr Quinton Hennigh............................................. on New Found Golds Queensway Project near Gander, NL.


A great video here where QH discusses:

1  the significance of Aeromag data in helping define potential mineral bearing structures (thinking about BabyBeluga'a previous post re magnetic surveys on this bullboard)

2.  the similarities he sees between recent (Kirkland Lake's) Fosterville Mine current underground mining area (Australia) and the Queensway Project

3   NFG's plan of attack as they explore the QP.

This video is a great aid in understanding the thought processes geologists consider as they explore for economic mineralization (most of it is QP specific though)

I'm certainly not banging the table for the QP project - a whole lot of work over several years needs to be done there before a nay or yea verdict is rendered.

High grade gold news out on Friday, Oct 3 from an area 2km distant from the fall 2019 hit has caused a bit of a stir with a roughly 50 cent increase in SP.

If interested, watch the whole 42 minute video or at least start it up at about 20 minutes and watch to the end. QH's presentation is pretty understandable and worthwhile - even to non geologists.

Link to video: 

https://www.youtube.com/watch?v=LAikVB3CxOA&feature=emb_rel_end



BG
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