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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 babybelugaon Nov 08, 2020 11:39pm
120 Views
Post# 31860661

This Week's Random Thoughts

This Week's Random ThoughtsSeems like almost every week I've had some rambling thoughts.  Some might be of value, these are probably not.

1. I wonder if one of these days we are going to hear that the company has optioned out the Bonanza Mine in Oregon that they own.  With the higher gold prices it feels like a lot of old mines (for example any bit of ground that ever had gold in Lemhi County, Idaho) are getting another look and maybe MOZ will let someone have a crack at Bonanza for some shares, a bit o' cash, and an NSR.  

2. I am excited to get some drill news from that mag low area to the east of FEP road.  Such a big target if it hits it could be a big deal.  I have trimmed my position a bit lately but thinking about the potential there has me regretting that a bit.

Thake care!

BB
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