Marathon Drilling Further Confirming Continuity of Main Zone Gold: 3.52 g/t Au over 45.0m, 2.61 g/t Au over 75.0m and 1.82 g/t Au over 50.0m, Valentine Gold Camp, NL
Drilling Highlights:
Tag: T.MOZ
Marathon Gold Announces 2018 Financial Results
Marathon Gold Corporation (MOZ-TSX) (“Marathon”) announced today its financial results for the year ended December 31, 2018.
Marathon Gold: Just Received The Franco-Nevada Stamp Of Approval
Excellent article by FI Fighter over at Seeking Alpha on Marathon Gold and the implications of the Franco-Nevada 18 million dollar 2% net smelter royalty purchase.
Marathon Gold Completes Sale of Royalty to Franco-Nevada for Proceeds of $18 Million
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is excited to announce that it has closed the sale of a 2% net smelter returns royalty (the “NSR”) to Franco-Nevada Corporation (“Franco-Nevada”) (TSX, NYSE: FNV) linked to production at the Valentine Lake Gold Camp in central Newfoundland, for gross proceeds of CAD $18,000,000. The NSR applies to the entire Valentine Lake property and covers the sales of precious and base metals and minerals. Marathon has an option to buy back 0.5% of the NSR for US $7 million until December 31, 2022.
Marathon Announces Appointment of Director of Environmental and Stakeholder Engagement
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce the appointment of Mr. James Powell as Director of Environmental and Stakeholder Engagement effective January 1, 2019.