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 > Comparative CAP X Increases

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Post by Angelique01on Sep 08, 2022 9:53am

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Post# 34949102

Comparative CAP X Increases

We can now compare Marathon, Skeena, Sabina and Agronault Gold in terms of how inflationary pressures are causing the capital expenditure cost of their respective projects to rise over the past couple of years.

MOZ went from $305M to $480M a 57% increase.

Skeena went from $480 to $592M a 23% increase.

Sabina way up north is reporting a 14% average inflationary increase on purchases since March 2021 and 20% inflation on items acquired in 2022.

Argonault Gold's Magino project went from $510 to $800 a 57% increase and now sits at $920M. The reported increase to $800M was accompanied by a leadership change with Pete Dougherty ceasing to be president and CEO.

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