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 > The Wizard of MOZ

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Comment by Ridgebackon Apr 03, 2023 2:16pm

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Post# 35376732

RE:RE:RE:The Wizard of MOZ

I looked at the Atlantic operation several times. Plus other St Barbara sites. These guys are high cost producers all in cost over $1700 per ounce and Atlantic has been flop for them due to lack of permitting on some sites in N.S.. Poor cash flow.

At Atlantic Operations, we produced 61,151 ounces of gold at an average milled grade of 0.75g/t Au and an AISC of A$1,720 per ounce.

Whomever and whenever someone takes a run at MOZ they in my opinion are out of site until Marathon gets closer to production. My guess? Assuming Au passes $2000. and stays firm this would be of interest to several companies bigger than St Barbara.

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