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Marathon Gold Corp MGDPF


Primary Symbol: 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 metalhead666on Jun 14, 2022 6:18am
84 Views
Post# 34754228

RE:Any opinions..................

RE:Any opinions..................They will have to raise but not for a while...maybe a year. I'll bet you that by then both gold and MOZ will be materially higher.  There's always the option of selling a stream or a combination of equity raise and stream but they are not even thinking about any of this now.  They want to get the resource update out in the next couple of weeks, continue with the site work, wrap up the permiting, get the feasibility study done. There won't be any talk of financing until the feasibility study is out and that is going to be a very good read.  Right now we're subject the whims of the market, rates, the $, the FED and the economic trajectory which is pretty much straight down from here. You have to think 2024 and first pour...everything will have changed significantly by then
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