Marathon Gold Corp T.MOZ

Comparative CAP X Increases

[Angelique01]

We can now compare Marathon, Skeena, Sabina and Agronault Gold in terms of how inflationary pressures are causing the capital expenditure cost of their respective projects to rise over the past couple of years.

MOZ went from $305M to $480M a 57% increase.

Skeena went from $480 to $592M a 23% increase.

Sabina way up north is reporting a 14% average inflationary increase on purchases since  March 2021 and 20% inflation on items acquired in 2022.

Argonault Gold's Magino project went from $510 to $800 a 57% increase and now sits at $920M.   The reported increase to $800M was accompanied by a leadership change with Pete Dougherty ceasing to be president and CEO.

[Ridgeback]

Angel,shareholders in these various companies we hold and watch have to see just how bad these infaltionary costs are getting.  Saying that I remain positive on stocks that are emerging producers like SKE and MOZ .  I do expect the Au prices to climb. There is an opportunity to add during these times where great companies will pay off well for those with patience for down trden mining