Marathon Gold Corp 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

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Post by templetooth2on Sep 01, 2022 4:28pm

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Post# 34936534

Capex - sustaining capex

General editorial comment:

This whole business of trying to draw a line between capex and ongoing sustaining capital is a real cesspool/quagmire in my opinion.

There's too much room/latitude for interpretation, mistakes, and downright deception. I'm not trying to dump on Marathon in particular - this is an industry problem. If more details become available, I'll be interested in seeing what items have been moved between ledger columns in this case. But Marathon is far from alone.

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Eminent acquires promising Nevada gold project