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Marathon Gold Corp T.MOZ

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.


TSX:MOZ - Post by User

Comment by Ridgebackon Jun 08, 2023 2:42pm
200 Views
Post# 35486989

RE:RE:RE:New Press Release - Marathon Gold Announces Royalty Acquisition by Franco-Nevada and Flow-Through Offering

RE:RE:RE:New Press Release - Marathon Gold Announces Royalty Acquisition by Franco-Nevada and Flow-Through OfferingMoose. 

Its a big mistake for Franco Nevada as they will lose control over the gold revenue and royalties to Franco Nevada.

It will also lead to worries that Marathon Gold will be sold out to the Toronto based gold company.

Not a good day for Newfoundland and Labrador as our gold royalties and revenue are under Ontarian control.
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We are Canadian, Moz has shown amqzing returns to NFLD! Jobs,all input from commuities in NFLD. Want some off shore company in ? Think about it?  The costs are high, buying parts in USA dollars. I know sell in Canada pay USA dollars for materials and compete. Inflation? Need I say more? Only with a good project with a l the 43-101 and approvals. You can't build a dime store on peanuts.

Moose not a nice drop but relax. 

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