Tag: Marathon Gold

Marathon Gold Files Positive NI 43-101 Technical Report (PEA) for the Valentine Lake Gold Project, Newfoundland

JayCurrie
T.MOZ, Marathon Gold

TORONTO, May 30, 2018 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has filed a National Instrument 43-101 (“NI 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 (www.sedar.com) and on the Company’s website (www.marathon-gold.com) read more

Marathon Announces Details of the Positive PEA for the Valentine Lake Gold Camp, Newfoundland

MotherlodeTV
T.MOZ, Marathon Gold

Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ:TSX) 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. read more

Marathon Increases Overall Gold Resources to 2,137,400 ounces M&I at 1.99 g/t gold and 1,104,700 ounces Inferred at 1.99 g/t gold at the Valentine Lake Gold Camp, Newfoundland

JayCurrie
T.MOZ, Marathon Gold, gold, Newfoundland, Phillip Walford

TORONTO, May 01, 2018 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ:TSX) 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 (“NI 43-101”). The resources were revised as part of the soon to be released Preliminary Economic Assessment (PEA). All the gains came from the Marathon Deposit which was updated as of March 5, 2018. read more

Marathon Announces Closing of $5M Bought Deal Offering of Flow-Through Shares

MotherlodeTV
T.MOZ, Marathon Gold, gold, Newfoundland, Phillip Walford

Marathon Gold Corporation (TSX:MOZ) (OTCQX:MGDPF) (“Marathon” or the “Corporation“) 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” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (“Flow-Through Shares“) at an issue price of $1.23 per Flow-Through Share (the “Issue Price“) for aggregate gross proceeds of $5,001,180 (the “Offering“), including the exercise in full of the underwriters’ option to purchase an additional 1,650,000 Flow-Through Shares at the Issue Price. The Offering was completed by a syndicate of underwriters led by Canaccord Genuity Corp., on behalf of a syndicate of underwriters that included Haywood Securities Inc., RBC Capital Markets and Raymond James Ltd. (collectively, the “Underwriters“). read more