Marathon Gold Corp.

Marathon Gold Corp. today announces its financial results for the second quarter ending June 30, 2021 and provides an update on the Company's activities at the Valentine Gold Project located in central Newfoundland. Second Quarter Highlights On April 21, 2021, the Company released the results of the maiden mineral resource estimate for the new Berry Deposit. Inferred Mineral Resources of 638,700 oz were estimated [...]

Marathon Gold Corp. is pleased to report the latest assay results from ongoing in-fill drilling at the 1.5 kilometre long Berry Deposit located at the Valentine Gold Project in central Newfoundland , and provide a general update on ongoing exploration activities. The results released today represent fire assay data from the first twenty diamond drill holes completed at Berry upon the recommencement of drilling in May [...]

Marathon Gold Corp. is pleased to announce that it has entered into an exclusive non-binding Indicative Term Sheet with Sprott Resource Lending Corp. for a senior secured project financing facility of US$185 million . Proceeds from the Credit Facility are to be used to fund the construction of the Valentine Gold Project, located in the central region of Newfoundland and Labrador . The Credit Facility is structured as [...]

Marathon Gold Corp. is pleased to announce the voting results at its Annual General Meeting of shareholders held yesterday, June 15, 2021, and the appointment of Marco Galego to the role of Vice President, Finance & Controller. The Company's shareholders voted in favour of all matters brought before the Meeting. All the director nominees set out in the Management Information Circular dated April 30, 2021 were elected [...]

Marathon Gold Corp. is pleased to announce that it has closed its previously announced C$50 million private placement financing. The financing is to support the continued advancement of the Company's exploration and development activities at the Valentine Gold Project, located in central Newfoundland , as well as for general corporate purposes. Pursuant to the private placement financing, the Company issued [...]

Marathon Gold Corp. is pleased to report results from the latest batch of exploration drill holes completed at the Valentine Gold Project, central Newfoundland . These latest results represent fire assay data from fourteen drill holes located within the 1.5 kilometre long Berry Deposit, for which the Company recently released the first mineral resource estimate . Highlights of the latest drilling include: VL-21-991 [...]

Marathon Gold Corp. and Miawpukek First Nation are pleased to announce that they have concluded a Memorandum of Understanding relating to the Environmental Assessment and development of the Valentine Gold Project located in central Newfoundland . The MOU was signed by Matt Manson, President and CEO of Marathon, and Miawpukek Chief Mi'sel Joe. The MOU provides for a process of ongoing engagement and consultation [...]

Marathon Gold Corp. is pleased to announce a non-brokered C$50 million private placement financing to support the continued advancement of the Company's exploration and development activities at the Valentine Gold Project, located in central Newfoundland . The private placement financing consists of 14,285,714 common shares priced at C$2.45 per common share and 4,838,710 flow-through common shares priced at C$3.10 [...]

Marathon Gold Corp. today announces its financial results for the first quarter ending March 31, 2021 and provides an update on the Company's activities at the Valentine Gold Project located in central Newfoundland. First Quarter Highlights Completed the Feasibility Study for the Project confirming robust economics for a conventional open pit mining and milling operation, with low initial capital cost and high rate [...]

Marathon Gold Corp. is pleased to provide an update on its plans regarding the continued exploration and development of the Valentine Gold Project, central Newfoundland . Marathon recently published a Feasibility Study for the Project demonstrating robust economics for a conventional open pit mining and milling operation with low initial capital cost and high rate of return. An Environmental Assessment for the [...]