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 NPV VALUATION drops to $361M

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Post by Angelique01on Dec 09, 2022 9:33am

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Post# 35161351

MOZ NPV VALUATION drops to $361M

Boggles the mind how you can have a feasibility in 2021 with a valuation of $600 NPV. Then a year later factor in the inclusion of the Berry Deposit which has a million additional ounces. Lo and behold the new NPV isn't higher but 40% lower down to a measely $361M. You can't make this up.

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