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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Marathon Gold Corp > Updated Feasibility Study and Gold Price Assumptions

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Post by Angelique01on Jul 07, 2022 7:29pm

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Post# 34809894

Updated Feasibility Study and Gold Price Assumptions

Let's see what the base case assumptions in the updated feasibilty study will incorporate for the average gold price over LOM.

$3,000 Don't think so.
$2,000 Closer but no cigar
$1,500 DING DING DING Probably the same as the 2021 FS

I'll be happy if the gold price over the next 3 years remains above $1500.
Fully anticipate benchmark overnight rate to rise to 3% to 3.5% by end of this year.

At $1,500 project will still show strong economics.
Even at $1,300 numbers will be robust.
At $3,000 well it's always nice to fantasize.

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