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Marathon Gold Corp 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 Angelique01on Oct 31, 2021 4:34pm
207 Views
Post# 34071163

Amateur Hour

Amateur HourI don't believe there is any anti mining sentiment involved.  It simply is a matter of Marathon failing to meet the basic requirements of the EIS whcijh is part of standard mining business.  No different than following basic mining safety practices.  Have invested in dozens of miners over the many years that have prepared  EISs.  Normal course of doing business,  All eventually got approved.  The toughest one was Sabina with NIRB.  Unfortunately if companies act like its amateur hour they can expect delays in getting approval and shareholders ultimately bear the brunt of this ineptness.
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