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

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Post by geezer21on Jan 16, 2024 4:01am

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Global Fiat Currency Debasement

With debasement of fiat currencies around the world, more fiat units are required to buy more tangible goods like gold, oil, electricity, electric cars, food, transportation, and other products.

https://www.zerohedge.com/geopolitical/catch-gold-wagon-or-lose-your-fortune-von-greyerz

Since the 2020 unprecidented dollar printing during the COVID pandemic the price of gold has remained elevated allowing Calibre rake in more dollars that they are turning around to pour back into the production of appreciating gold assets. With the purchase of Marathon Calibre has taken a major step to drive more dollars into gold.

https://tradingeconomics.com/commodity/gold

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