TORONTO, March 29, 2018 -- Marathon Gold Corp. announced today its financial results for the year ended December 31, 2017. Highlights: At December 31, 2017 Marathon had $7.1 million in cash and cash equivalents compared to $8.5 million at December 31, 2016. Marathon completed the following activities in the year ended December 31, 2017, and [...]
Marathon Gold is delighted to report these exciting new drill results at the company’s 100% owned Valentine Lake Gold Camp, central Newfoundland. The deep targeted infill drill hole MA-18-282 discovered one of the thickest and highest-grade gold intervals found to date within the Marathon Deposit. This new mineralization, as well as gold found in [...]
These are great results from new step-out drill holes drilled along the northeast end of the Marathon Deposit. These drill holes have succeeded in both cutting across and extending to the northeast along strike the mineralization at Marathon Deposit. 3.16 g/t Au over 20.0 meters with 8.94 g/t Au over 5.0 meters in MA-18-270 2.57 g/t Au over 8.0 [...]
Highlights: Figure 1: Location map of drill holes VL-18-657 to VL-18-660, Valentine Gold Camp Exciting results from the first four shallow drill holes into the bog-covered area located between the Marathon and Sprite Deposits and proximal to the Valentine Lake Thrust Fault. VL-18-657 intersected 1.23 g/t Au over 12.0 meters including 10.65 g/t over [...]
New drilling to be added to the next resource update for the Marathon Deposit includes high-grade gold intervals from both shallow open pit and deeper underground depths including: A third drill rig has been added to conduct exploration drilling along the 3 km of bog and overburden covered ground between the Marathon and Sprite Deposits, and two [...]
Phillip C. Walford, President and CEO of Marathon Gold talks about their evolution from exploration to development. If you cannot view the video above, please visit: http://www.b-tv.com/marathon-gold-ceo-clip-90sec/ Marathon Gold is being featured on CBC's Documentary Channel Jan 8- Jan. 21, 2018 Monday through Friday, throughout the day and [...]
Marathon Gold today announced that it has made the regulatory filing of the report entitled “Technical Report on the Mineral Resource Estimate of the Valentine Lake Project.” The updated resource was announced on November 30, 2017 and completed under the direction of John T. Boyd Company. The company has also resumed drilling at the [...]
Dec. 21, 2017 -- Marathon Gold Corp. is pleased to announce the closing of a "bought deal" private placement of an aggregate of 4,066,000 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax Act ) at an issue price of $1.23 per Flow-Through Share for aggregate gross proceeds of $5,001,180 , including the [...]
Marathon Gold is pleased to announce the appointment of Lycopodium Minerals, an international engineering, procurement, construction and project management company as the lead consultant for the Valentine Lake Gold Project Preliminary Economic assessment . The PEA will be conducted by professionals from Lycopodium’s Mississauga office, with [...]
/STATES/ TORONTO, Dec. 12, 2017 /CNW/ - Marathon Gold Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. , whereby the Underwriters have agreed to purchase, on a "bought deal" basis, 1,650,000 flow-through common shares of the Company at a price of $1.23 per [...]
TORONTO, Dec. 01, 2017 -- Marathon Gold Corp. is pleased to announce that the Company’s shares are now trading on the OTCQX Best Market in the United Stated under the symbol “MGDPF”. Marathon upgraded from the Pink Market. Investors can access trading, real-time level 2 quotes and a view a list of the Company’s news releases [...]
Marathon Gold has established a new Mineral Resource Estimate for its 100% owned Valentine Lake Property prepared under the direction of John T. Boyd Company in accordance with National Instrument 43-101 . Highlights: Overall Measured & Indicated resource increased by 33% from to 1,847,000 oz. of gold Overall Inferred resource increased by 32% to [...]
