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.

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Marathon Gold Corp

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Post by BGraham2on Oct 12, 2020 8:50am

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Post# 31703689

Our former CEO.......

...... Philip Walford ........

is now serving as Chairman of a private gold exploration company operating on the Burin Peninsula of NL.

Bonavista Resources 's initial success includes 9.7 g/t gold over 20 metres in channel sampling.

A "proof of concept" shallow diamond drill hole hit 10 m of 1.6 g/t gold within a broader interval of 0.68 g/t gold..

From the website:

"Drilling is expected to be completed by early October, with assay results anticipated in early November. Success in demonstrating favourable alteration and mineralisation in this drilling campaign will lead to an immediate IPO/RTO transaction, planned for H1/2021. "

www.bonavistaresources.com for more info.

BG

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