PDAC C:MOZ Phill Walford and Sherry Dunsworth to Receive Bill Dennis Award at 2021 PDAC Conference
Phill Walford and Sherry Dunsworth to Receive Bill Dennis Award at 2021 PDAC Conference
TORONTO, March 09, 2021 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) congratulates Phill Walford and Sherry Dunsworth as they receive the 2021 Bill Dennis Award at this year’s annual meeting of the Prospectors and Developers Association of Canada (“PDAC”).
Matt Manson, President and CEO, commented: “On behalf of Marathon’s Board of Directors and Management team, I would like to congratulate Phill and Sherry on their deserved recognition by PDAC. The Bill Dennis award honours individuals who have made a significant mineral discovery or an important contribution to the prospecting and/or exploration industry. Under their leadership, the Valentine Lake showings in the central region of Newfoundland were recognised as a potentially significant host of gold mineralization. After ten years of exploration and resource definition, the project now stands as the largest undeveloped gold resource in Atlantic Canada and is well on its way to becoming an important new mine. In addition to representing a driver of economic well-being to the region, the Valentine Gold Project has demonstrated the potential for central Newfoundland to host large scale gold deposits, and opened the door for the level of exploration activity that we see today.”
Phill and Sherry will receive their award at a virtual awards ceremony tonight, Tuesday March 9, 2021 at 6:00pm EST. The ceremony is accessible for PDAC registrants through the event platform at https://www.pdac.ca/convention.
About Marathon
Marathon (TSX:MOZ) is a Toronto based gold company advancing its 100%-owned Valentine Gold Project located in the central region of Newfoundland and Labrador, one of the top mining jurisdictions in the world. The Project comprises a series of four mineralized deposits along a 20-kilometre system. An April 2020 Pre-Feasibility Study outlined an open pit mining and conventional milling operation over a twelve-year mine life with a 36% after-tax rate of return. The Project has estimated Proven Mineral Reserves of 1.3 Moz (26.3 Mt at 1.52 g/t) and Probable Mineral Reserves of 0.6 Moz (14.8 Mt at 1.23 g/t). Total Measured Mineral Resources (inclusive of the Mineral Reserves) comprise 1.9 Moz (31.7 Mt at 1.86 g/t) with Indicated Mineral Resources (inclusive of the Mineral Reserves) of 1.19 Moz (23.2 Mt at 1.60 g/t). Additional Inferred Mineral Resources are 0.96 Moz (16.77 Mt at 1.78 g/t Au). Please see the Technical Report dated April 21, 2020 for further details and assumptions relating to the Valentine Gold Project.
Matt Manson
President & CEO
Tel: 416 987-0711
mmanson@marathon-gold.com Hannes Portmann
CFO & Business Development
Tel: 416 855-8200
hportmann@marathon-gold.com Amanda Mallough
Senior Associate, Investor Relations
Tel: 416 855-8202
amallough@marathon-gold.com
To find out more information on Marathon Gold Corporation and the Valentine Gold Project, please visit www.marathon-gold.com.
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Not to take anything away from Marathon and Phil and Sherry.
Moz has been beaten down and compared with two companies I suspect it is because Manson put out that prospectus ahead od Berry zone results and for a whopping amount. Perhaps he thought the new Berry Zone would give him some upside but now we have overhang of a stuuning amount required with no upside just a issues more shares yo get er done. Yes they MOZ need it in stages to build a mine. SKE needs it as well. Food for thought. Who has done better? MOZ insider selling no suport from what I see? SKE support.
Both are good projects. Who will be the Poster Boy? Sherry and Phil were the Best!
Waiting for assays and the next finacing.