Marathon Gold Corp. today announces its financial results for the fourth quarter and year ending December 31, 2022, and provides an update on the Company's activities at the Valentine Gold Project in the central region of Newfoundland and Labrador . Fourth Quarter and Full-Year Financial Results : Cash and cash equivalents at December 31, 2022 of [...]
Marathon Gold Corp. will be showcasing the exploration potential of the Company's 100% owned Valentine Gold Project at the 2023 Prospector's and Developer's Association of Canada convention in Toronto between March 5-8. Marathon's Newfoundland & Labrador based exploration team, led by Dave Ross, VP Geology and Exploration, will be available at [...]
Marathon Gold Corp. is pleased to provide an update on construction progress at its 100% owned Valentine Gold Project located in central Newfoundland . In December, 2022 Marathon released the results of an Updated Feasibility Study for the Project, describing a 3 pit-mine plan based on the Marathon, Leprechaun and Berry Mineral Deposits delivering [...]
Marathon Gold Corp. is pleased to provide assay results on the final twenty-six in-fill drill holes completed during 2022 at the Berry Deposit, part of the Valentine Gold Project located in central Newfoundland . During 2022, Marathon completed 21,039 metres of diamond drilling at Berry targeting areas that are assumed in the Berry geological model [...]
Marathon Gold Corp. reports that it has provided notice to Franco-Nevada Corporation of its intention to exercise its option to acquire 0.5% of the 2.0% net smelter returns royalty on the Valentine Gold Project held by FNV. The closing of the exercise of the Buy Back Option is scheduled for February 22, 2023 at which time the Company shall pay to [...]
Marathon Gold Corp. is pleased to report that it has amended and restated its term loan facility first entered into on March 31, 2022 with Sprott Resource Corporation . Amongst other amendments described herein, the Facility has been increased to US$225 million from US$185 million. The proceeds of the Facility are to be used for the construction [...]
Marathon Gold Corp. is pleased to provide assay results on in-fill drill holes completed at the Berry Deposit, part of the Valentine Gold Project located in central Newfoundland . During the 2022 exploration program, Marathon completed 20,931 metres of infill drilling at Berry, none of which was included in the Project's June 2022 Mineral Resource [...]
Marathon Gold Corp. is pleased to provide an overview of the Company's exploration priorities during the upcoming two-year period of mine construction at the Valentine Gold Project located in central Newfoundland . The Project was approved for construction in September 2022 and early works commenced in October 2022. An Updated Feasibility Study was [...]
Marathon Gold Corp. is pleased to provide an update on certain project financing arrangements for the Valentine Gold Project located in the central region of Newfoundland and Labrador . On March 31, 2022, Marathon announced the completion of a US$185 million term loan facility with a fund managed by Sprott Resource Corporation . The proceeds of the [...]
Marathon Gold Corp. is pleased to report that it has filed a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the Valentine Gold Project in central Newfoundland , available on SEDAR . The technical report is entitled "Valentine Gold Project, NI 43-101 Technical Report and Feasibility [...]
Marathon Gold Corp. is pleased to report the results of an Updated Feasibility Study for the Valentine Gold Project located in the central region of Newfoundland and Labrador . This Updated FS presents for the first time a 3-pit mine plan for the Project based on the Marathon, Leprechaun and Berry Deposits, with increased Mineral Reserves, an [...]
Marathon Gold Corp. announces its financial results for the third quarter ending September 30, 2022 and provides an update on the Company's activities at the Valentine Gold Project in the central region of Newfoundland and Labrador . Third Quarter Highlights: Financial Cash and cash equivalents as at September 30, 2022 of $164 million; Capital [...]