Marathon Gold Corp MGDPF

Primary Symbol: 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.

TSX:MOZ - Post by User

Marathon Gold Corp > Biden Govt targets shutting down Nicaragua Gold Industry

<< Previous

Bullboard Posts

Next >>

Comment by nozzpackon Dec 05, 2023 10:12am

62 Views

Post# 35768852

RE:Biden Govt targets shutting down Nicaragua Gold Industry

For example if Calibre needs parts for its gold mill, it may have extreme difficulty in securing such parts
under US import sanctions.

The US is seeking regime change as well which could mean a civil war disrupting mining operations.

In short, Nicaragua is a very risky location .

Its not risk averse and not a place where I would want 2/3 of my gold production to come from, which is the case if Cakibre succeeds.

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload