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 > $.84 not bad for a days worth but disappointed...

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Comment by AlwaysLong683on Nov 14, 2023 12:19am

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Post# 35733538

RE:$.84 not bad for a days worth but disappointed...

I agree with metalhead re. not owning companies with operations outside of Canada or the USA due to (in my view) excessive political / geographical risk. Even in the case of the United States, it costs more to build a mine given your expenses are in USD. Conversely, Canadian mines pay expenses in CAD and sell their ounces in USD.

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