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 metalhead666on Dec 10, 2022 3:49pm

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Post# 35164034

$1800 gold = $1.4 BILLION after tax NPV....hello?

That puts MOZ at 25% of current NPV. It doesn't even need to get to 1x NPV to be a triple. At $1800 gold the NPV is on par with Osisko which trades at nearly 1x NPV today. So which presents the better value? Osisko recently disappointed with its FS but no one is whining about it. I'll take a "plain vanilla" open pit any day over narrow vein underground ....and Osisko has all its permitting and construction work ahead of it while MOZ is in the home stretch.

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