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 > $2.35

<< Previous

Bullboard Posts

Next >>

Comment by Ridgebackon Nov 06, 2020 8:34am

96 Views

Post# 31850248

RE:$2.35

Looks like we are holding around this level unless something gives in the US for a temporary pullback?

One thing for sure Marathon has moved another step closer at derisking the project. While not a sure thing the local and provincial goernments will be wanting to see a successful outcome given what it brings to the economy. This is moving along like clockwork.

If I had one long term concern it would be the number of potential mine sites in Central NFLD and how it would impact wild life especially Caribou herds and lands they cross. That's a long way off and by the time that happens Marathon will be in production under my guess new ownership?

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing