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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 AlwaysLong683on Nov 24, 2023 2:59pm
105 Views
Post# 35752045

RE:Political Risk in Mining

RE:Political Risk in Mining
Should also mention the article suggest a possible opportunity for mining investors with a longer time horizon re. the anticipated demand for key metals / minerals that will likely be needed if you believe in the transition to a green future. 
 
Excerpt from the article:
 
...The International Energy Agency (IEA) forecasts demand for minerals used in EVs and battery storage will grow at least 30 times by 2040.
 
Lithium should see the fastest growth, the agency said, with demand growing by over 40x in its Sustainable Development Scenario by 2040, followed by graphite, cobalt and nickel (around 20-25 times). The expansion of electricity networks means that copper demand more than doubles over the same period.
 
...The IEA says solar plants, wind farms and electric vehicles generally require more minerals to build than their fossil fuel-based counterparts. A typical electric car requires 6x the mineral inputs of a conventional car and an onshore wind plant requires 9x more mineral resources than a gas-fired plant....
 
 
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