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 > MOZ

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Comment by metalhead666on Dec 08, 2022 12:40pm

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Post# 35159471

RE:RE:MOZ

Exactly. You buy now for what you anticipate the future to hold. A fully de-risked project with a date for first pour and every expectation that gold will be well north of $2000. There is no drilling risk, little to no execution risk, inflation costs will be falling, there's exploration upside, a short time to pay it all off, huge cash flow and high sensitivity to the POG all add up to a low risk high reward bet if you keep a 2-3 year time horizon.

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