Marathon Gold Corp. is pleased to announce the appointment of Robbert Borst as Chief Operating Officer of the Company effective August 1, 2018. Mr. Borst successfully managed the company’s initial Preliminary Economic Assessment for the Valentine Lake Gold Camp which was released on May 17, 2018. Mr. Borst brings over 30 years of experience [...]
Highlights: Figure #1: Location of drill hole MA-18-295 on Section 17110 , Marathon Deposit, Valentine Gold Camp Figure #2: Location of drill hole collars MA-18-295 to MA-18-297, Marathon Deposit Drilling 7.97 g/t Au over 59.0 meters including 57.74 g/t Au over 5.0 meters and 48.12 g/t Au over 2.0 meters in MA-18-295. 5.00 g/t Au over 5.0 meters [...]
July 19, 2018 -- Marathon Gold Corp. is pleased to announce that it has completed its previously announced bought deal prospectus offering of 2,900,000 flow-through common shares in the capital of the Company at a price of $1.05 per FT Share and 5,900,000 common shares in the capital of the Company at a price of $0.85 per Common Share for gross [...]
June 28, 2018 -- Marathon Gold Corp. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and RBC Capital Markets , pursuant to which a syndicate of underwriters led by the Co-Lead Underwriters will purchase, on a bought-deal basis, 2,900,000 flow-through common shares of the Company at a price of $1.05 per [...]
Highlights: Figure 1: Location of drill hole collars VL-18-668 to VL-18-677, Sprite Zone bog area Drilling 6.17 g/t Au over 49.0 meters with 22.40 g/t Au over 10.0 meters and 7.36 g/t Au over 6.0 meters in VL-18-676 1.07 g/t Au over 32.0 meters including 2.47 g/t Au over 4 meters in VL-18-677 3.11 g/t Au over 6.0 meters and 2.22 g/t Au over 3.0 [...]
TORONTO, June 06, 2018 -- Marathon Gold Corp. announced today the results of voting at the annual meeting of shareholders held on June 5, 2018 in Toronto, Ontario. All of the director nominees set out in the management information circular dated April 20, 2018 were elected as directors, to serve a one-year term. In addition, PricewaterhouseCoopers [...]
TORONTO, May 30, 2018 -- Marathon Gold Corp. is pleased to announce that it has filed a National Instrument 43-101 Technical Report of the Preliminary Economic Assessment in respect of the Company's Valentine Lake Gold Project. The technical report is available for review on SEDAR and on the Company’s website “The report demonstrates [...]
TORONTO, May 17, 2018 -- Marathon Gold Corp. is pleased to announce the excellent results of an independent Preliminary Economic Assessment study on its 100% owned Valentine Lake Gold Camp, central Newfoundland. The PEA provides a base case assessment of developing the Valentine Lake Gold Camp mineral resource by open pit mining, and gold recovery [...]
TORONTO, May 16, 2018 -- Marathon Gold Corp. will be hosting a conference call to review the results of the PEA at 10:00 am EST on Thursday, May 17, 2018. Those wishing to join the call can do so using the telephone numbers listed below. The call will also be available on the Company’s website a www.marathon-gold.com. Date: Thursday, May [...]
TORONTO, May 14, 2018 -- Marathon Gold Corp. announced today its financial results for the three months ended March 31, 2018. Highlights: At March 31, 2018 Marathon had $4.1 million in cash and cash equivalents compared to $7.2 million at December 31, 2017. Marathon completed the following activities in the period ended March 31, 2018, and [...]
TORONTO, May 01, 2018 -- Marathon Gold Corp. has established a new Mineral Resource Estimate for the Marathon Deposit at its 100% owned Valentine Lake Property prepared under the direction of John T. Boyd Company in accordance with National Instrument 43-101 . The resources were revised as part of the soon to be released Preliminary Economic [...]
Highlights: Figure 1: Location of drill hole collars VL-18-664 to VL-18-667, Sprite Zone bog area. Marathon’s successful drilling under the Sprite Zone bog continues to return exciting new results with the discovery of multiple high-grade gold intercepts in shallow drilling . Higher grade intercepts included 8.36 g/t Au over 6.0 meters with [...]