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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.

TSX:MOZ - Post by User

Marathon Gold Corp > Manson's comments.

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Post by Ridgebackon Sep 02, 2022 8:03am

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Post# 34937511

Manson's comments.

For those who don't follow M.M's comments on twitter.

But, we are confident in the technical merits of this project. We are confident in gold. We are confident in this project’s capacity to grow. We are confident in our team. And, we are confident in Newfoundland and Labrador.

We are proposing to do this in a still challenging but, we believe, an improving market. We are guiding to the impact of 20 months of inflation on our cost to complete estimate. This estimate also incorporates caution on the best way to develop this mine. No sugar coating here

Our Environmental Assessment began in 2019 and our Feasibility Study was completed in 2021. Our community engagements have been ongoing throughout and our exploration efforts have continued to grow the resource. Now, after all this work, we have a project ready to build.

twitter.com/mattlmanson/st…