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 > Larger miners leading the way...............

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Comment by BGraham2on May 15, 2021 10:37am

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Post# 33209755

RE:Larger miners leading the way...............

Gold Miners have moved nicely since i last posted this.

Look at the chart from the previous message here: https://invst.ly/ul928

You can see that GDX had broken out of the downtrend channel drawn over the highs and under the lows of the downtrend in place since August 2020.

Now look at the new (updated) chart: https://invst.ly/utksj

You can see in this updated chart how GDX has now moved higher and is above the 200 day moving average as well.

Looks good - GDXJ (the gold juniors) and gold itself is moving in a similar fashion and now sits about where GDX did in the first chart linked above.

GDX leading the way - gold and gold juniors following closely - as one might expect.

BG

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