Welcome to our dedicated page for Marathon Gold Corporation news (Ticker: MGDPF), a resource for investors and traders seeking the latest updates and insights on Marathon Gold Corporation stock.
Marathon Gold Corporation (MGDPF) is a Canadian gold exploration and development company, focused on advancing its flagship Valentine Gold Project located in Newfoundland and Labrador. The company's primary goal is to become a high-quality, low-cost producer in a safe and environmentally responsible manner. Through strategic investments and diligent management, Marathon Gold Corp. aims to unlock the potential of its mineral deposits and deliver long-term value to its shareholders.
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Marathon Gold Corporation announces changes to senior management team. Gil Lawson appointed as Chief Operating Officer, replacing Tim Williams. Paolo Toscano promoted to Senior Vice President, Projects, Engineering, and Construction. Positive impact expected on company operations and project delivery.
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Construction progress at the Tailings Management Facility (TMF) of the Valentine Gold Project is at 78% completion, de-risking the overall project. The TMF is a major infrastructure element and its timely completion is crucial for the project's success. The TMF will have a capacity of 31.6 Mtonnes and is being constructed in phases. Phase 1 and 2 dam foundation construction is expected to be completed by October 2023. TMF wet commissioning is scheduled for Q4 2024, supporting mill commissioning and first gold in Q1 2025.
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Marathon Gold Corporation receives confirmation that changes to the Valentine Gold Project do not require a new impact assessment, allowing the assessment and permitting of the Berry Complex to proceed as anticipated.
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FAQ
What is the market cap of Marathon Gold Corporation (MGDPF)?
The market cap of Marathon Gold Corporation (MGDPF) is approximately 281.9M.
What is Marathon Gold Corporation focused on?
Marathon Gold Corporation is focused on advancing its Valentine Gold Project in Newfoundland and Labrador to become a high-quality, low-cost gold producer.
Where is Marathon Gold Corporation's flagship project located?
Marathon Gold Corporation's flagship Valentine Gold Project is located in Newfoundland and Labrador.
What is the primary goal of Marathon Gold Corporation?
The primary goal of Marathon Gold Corporation is to become a high-quality, low-cost gold producer in a safe and environmentally responsible manner.
How does Marathon Gold Corporation aim to deliver long-term value to shareholders?
Marathon Gold Corporation aims to unlock the potential of its mineral deposits through strategic investments and diligent management.
What is the strategic focus of Marathon Gold Corporation?
Marathon Gold Corporation strategically focuses on developing its mineral deposits to achieve long-term value for its shareholders.
Marathon Gold Corporation