Mountain Lake Resources Inc V.MOA

MARATHON GOLD ANNOUNCES CONFERENCE CALL

[Ridgeback]

Good Luck Folks looks like  good deal for everyone.

Marathon to hold Mountain Lake, Valentine call May 25
Ticker Symbol: C:MOZ

 

Marathon to hold Mountain Lake, Valentine call May 25

 

Marathon Gold Corp (C:MOZ)
Shares Issued 29,871,928
Last Close 5/24/2012
.79
Friday May 25 2012 - News Release

Mr. Phillip Walford reports

MARATHON GOLD ANNOUNCES CONFERENCE CALL; VALENTINE LAKE PROJECT OWNERSHIP CONSOLIDATION

Marathon Gold Corp. will host a conference call on May 25 at 10 a.m. ET. Phillip Walford, president and chief executive officer of Marathon, will be discussing the binding arrangement agreement, announced May 24, 2012, whereby Marathon will acquire all of the outstanding common shares of Mountain Lake Resources and consolidate Marathon's and Mountain Lake's respective 50-per-cent interests in the Valentine Lake project in Newfoundland, Canada. The transaction will take place in July, 2012, and result in Marathon becoming the 100-per-cent owner of the project. Mr. Walford will also be giving an update on the company and discussing its 2012 plans.

Participant dial-in information:

Operator-assisted toll-free dial-in number:888-231-8191 Local dial-in number:647-427-7450

Please note that you will be placed on hold until the conference call begins. An audio recording of this conference call will also be available at the company's website.

[diadon1945]

Anyone get to hear this? Anything new? I went to the Marathon website and the CC was not there yet.

[diadon1945]

I heard the CC. Some points I recall.   1. MOZ now has close to 1 million ozs including inferrred.   2. They are now doing some more intensive prospecting at Valentine Lake and will do some wildcat drilling over the summer.   3. They are currently drilling the J.Frank zone.   4. MOZ now has about 50 million shares f.d. and some $4 million cash.   5. At least 4