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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Post by Ridgebackon Apr 07, 2022 9:31am

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Post# 34583739

Today's Trivia

Sentiment or is the glass half full or half empty?

I would prefer to think these Boards are useful for obtaining relevant information and news worthy articles some might otherwise miss. I was digging around today looking at the final expected Federal permits to be approved and community opinions. It would appear not all the indigenous people are welcoming the Valentine Lake project with open arms.

Agreements were signed this past year with several groups however one group shown below is against the project and potential impact on many aspects of the proposed mine. The other leaders see jobs and benefits being associated with Marathon,others not so. While in my opinion I expect the permits to be forthcoming. I do have concerns and to say this has been a hurdle for Marathon to get this far and it has not been without formidable challenges as they set the finish line for future mining in NFLD. So far MOZ is checking off all the boxes.