Marathon Gold Corp 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 > Sprott Update

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Comment by Ridgebackon Oct 27, 2021 5:33pm

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RE:RE:Sprott Update

Marathon has ticked off most of the boxes especially with 5 million ounces Magic number on the horizon. With permits pending and ounces growing this does put Marathon in clear sights of potential suitors over the coming months.

I prefer to see them build the mine and they have the talent to do it. Near term there are a few dog and pony shows coming up in Novemeber by brokerage firms covering Marathon and a Q report around Nov 8th. I for one would be surprized if the stock did not move to new highs when permit approvals are granted. Like Sprott eluded to suggesting one of the best companies with 150 + Oz per annum in their coverage universe and the likely potential to up the game to 200K + oz per year.

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