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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

Comment by JamesLoganon Jun 01, 2022 7:13pm
121 Views
Post# 34724921

RE:Won't be long folks...

RE:Won't be long folks...In preparing the draft Environmental Assessment Report, the Agency took into account the Proponent's EIS, its responses to information requests, and the views of government agencies, Indigenous groups, and the public. The environmental effects of the Project and their significance as well as the potential for cumulative environmental effects have been determined using assessment methods and analytical tools that reflect current accepted practices of environmental and socio-economic assessment, including the assessment of the consequences of potential accidents and malfunctions. The Agency focussed the analysis of potential effects on terrestrial mammal species at risk, namely bats, American marten and caribou. The Agency is of the view that the measures implemented by the Proponent to meet regulatory requirements and the key mitigations described in this report would avoid or lessen any potential adverse effects on species at risk. The Agency acknowledges that the Project would result in adverse effects on caribou. The Agency concludes that, taking into account the implementation of mitigation measures, the Project is not likely to cause significant adverse environmental effects as defined in CEAA 2012. The Agency has identified key mitigation measures and follow-up program measures for consideration by the Minister of Environment and Climate Change in establishing conditions as part of the Environmental Assessment Decision Statement, in the event that the Project is permitted to proceed. In addition, it is the Agencys expectation that for the Project to be carried out in a careful and precautionary manner, all of the Proponents commitments, as outlined in the EIS and its supporting documents available on the Impact Assessment Agency of Canadas Registry Internet Site, would be implemented as proposed.
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