Marathon Gold Corp. is pleased to provide an update on development planning for the Valentine Gold Project located in the central region of Newfoundland and Labrador . In this news release, Marathon is providing guidance on remaining regulatory approvals and permitting, the Project's execution strategy and schedule, mineral resources and mine [...]
Marathon Gold Corp. is pleased to report the latest drill assay results from the Valentine Gold Project in central Newfoundland . The latest drill results represent fire assay data from twenty diamond drill holes completed as part of the 2021 in-fill drill campaign at the 1.5 kilometre long Berry Deposit. Highlights include: VL-21-1150 intersected [...]
Marathon Gold Corp. is pleased to report that it has closed a 6.5 year US$185 million term loan credit facility with Sprott Private Resource Lending II LP . The proceeds of the Facility are to be used for the construction, development and working capital requirements of Marathon's Valentine Gold Project located in the central region of Newfoundland [...]
Marathon Gold Corp. today announces its financial results for the fourth quarter and year ending December 31, 2021 and provides an update on the Company's activities at the Valentine Gold Project in the central region of Newfoundland and Labrador . Fourth Quarter Highlights At December 31, 2021, the Company had cash and cash equivalents of $87.2 [...]
Marathon Gold Corp. is pleased to announce that the Impact Assessment Agency of Canada has completed its technical review of the Environment Impact Statement . This is an important milestone in the federal Environmental Assessment process as the Project advances towards EA Release. On March 16, Marathon received formal notification that IAAC has [...]
Marathon Gold Corp. is pleased to report the latest drill assay results from the Valentine Gold Project in central Newfoundland . The latest drill results represent fire assay data from eighteen diamond drill holes completed as part of the 2021 in-fill drill campaign at the 1.5 kilometre long Berry Deposit. Highlights include: VL-21-1119 [...]
Marathon Gold Corp. is pleased to report that it has purchased for cancellation the historical 7.5% net profit interest royalty that covers certain mineral resource areas at the Company's Valentine Gold Project in central Newfoundland . As consideration for the NPI Royalty, Marathon paid C$500,000 in cash and issued 1,341,607 common shares at [...]
Marathon Gold Corp. is pleased to report the latest drill assay results from the Valentine Gold Project in central Newfoundland . These results represent 2021 drilling at the Victory and Sprite Deposits, and in the area of the proposed Marathon Waste Rock Facility . Taken together, these new data indicate the wide prevalence of gold mineralization [...]
Marathon Gold Corp. is pleased to provide an update on the 2021 Reverse Circulation drill program conducted on the Marathon and Leprechaun Deposits of the Valentine Gold Project located in the central region of Newfoundland and Labrador. The 2021 RC drill program was designed to provide validation to the Project's Mineral Reserve block model within [...]
Marathon Gold Corp. is pleased to report the latest drill assay results from the Valentine Gold Project in central Newfoundland , and to announce the Company's 2022 exploration plans. The latest drill results represent fire assay data from seventeen diamond drill holes completed as part of the 2021 in-fill drill campaign at the 1.5 kilometre long [...]
Marathon Gold Corp. is pleased to announce that it has completed a vertical amalgamation with its wholly-owned subsidiary, Mountain Lake Resources Inc., effective January 28, 2022. The amalgamation will streamline the Company's mining exploration activities under a single corporate entity and will reduce corporate and operational expenses. About [...]
Marathon Gold Corp. is pleased to report that it has filed an amendment to the Environmental Impact Statement for the Valentine Gold Project located in the central region of Newfoundland and Labrador . The amended-EIS has been filed with the Environmental Assessment Division of the NL Department of Environment and Climate Change pursuant to the [...]