Marathon Deposit Expanding with High-Grade Gold: 5.75 g/t Au over 16.0 meters, 5.30 g/t Au over 16.0 meters and 6.30 g/t Au over 11.0 meters, Valentine Lake Gold Camp, Newfoundland
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Tag: Valentine Lake
Marathon Announces Appointment of Chief Operating Officer and awards Metallurgical Contract to SGS
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) 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 (PEA) for the Valentine Lake Gold Camp which was released on May 17, 2018.
Marathon Announces Closing of C$8 Million Bought Deal Financing
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) 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 (“FT Shares”) at a price of $1.05 per FT Share and 5,900,000 common shares in the capital of the Company (“Common Shares”) at a price of $0.85 per Common Share for gross proceeds to the Company of $8,060,000 (the “Offering”). The Offering was conducted by a syndicate of underwriters co-led by Haywood Securities Inc. and RBC Capital Markets and including Canaccord Genuity Corp., Laurentian Bank Securities Inc. and Raymond James Ltd.
Marathon Increases Overall Gold Resource to 1,847,000 ounces M&I at 1.88 g/t gold and 1,012,000 ounces Inferred at 1.65 g/t gold at the Valentine Lake Gold Camp, Newfoundland
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) has established a new Mineral Resource Estimate for 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”).
Marathon Gold Expands Senior Management, Robbert Borst to manage upcoming Preliminary Economic Assessment
Marathon Gold Corporation (Marathon or the Company) (TSX:MOZ) Marathon Gold is pleased to announce the addition of Mr. Robbert Borst to manage the companypcoming PEA. He will be starting with Marathon effective October 1, 2017.