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 PRESS RELEASE

Marathon Gold Announces Receipt of Final Court Order for Arrangement w...

Marathon Gold Announces Receipt of Final Court Order for Arrangement with Calibre TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon”; TSX: MOZ) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has granted the final order in connection with the previously announced statutory plan of arrangement (the “Arrangement”) involving Marathon and Calibre Mining Corp. (“Calibre”) pursuant to which Marathon shareholders (other than Calibre) will receive 0.6164 of a common share of Calibre for each common share of Marathon held. Closing ...

 PRESS RELEASE

Marathon Gold Shareholders Approve Arrangement with Calibre Mining

Marathon Gold Shareholders Approve Arrangement with Calibre Mining TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon”; TSX: MOZ) is pleased to announce that at a special meeting (the “Special Meeting”) of its shareholders (the “Marathon Shareholders”) held earlier today, a significant majority of the Marathon Shareholders voted in favour of the special resolution (the “Arrangement Resolution”) approving the proposed plan of arrangement (the “Arrangement”) with Calibre Mining Corp. (“Calibre”), pursuant to which Marathon Shareholders (other than Calibre) will ...

 PRESS RELEASE

Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Marat...

Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Marathon Shareholders Vote FOR the Arrangement with Calibre TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended that Marathon shareholders (“Marathon Shareholders”) vote “FOR” Marathon’s proposed plan of arrangement (“Arrangement”) with Calibre Mining Corp. (“Calibre”) at the upcoming special me...

 PRESS RELEASE

Marathon Gold Receives Interim Order and Intends to Mail and File Spec...

Marathon Gold Receives Interim Order and Intends to Mail and File Special Meeting Materials Today In Connection with its Proposed Combination with Calibre Mining Marathon Shareholders to receive a meaningful premium and will continue to participate in the Valentine Gold Project.Marathon’s Board of Directors unanimously recommends voting in favour of the proposed combination with Calibre. Shareholders are encouraged to vote well in advance of the proxy deadline of January 12, 2024 at 10:00 a.m. (Toronto Time). For any questions, please contact Marathon's proxy solicitation agent and sharehol...

 PRESS RELEASE

Marathon Gold Achieves 1 Million Work Hours LTI Free at Valentine Gold...

Marathon Gold Achieves 1 Million Work Hours LTI Free at Valentine Gold Project TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce the completion of 1 million person hours of work at the Valentine Gold Project without a Lost Time Injury (LTI). Matt Manson, President & CEO, commented “Maintaining a safe work place is the highest priority for Marathon Gold. We are proud of our team for this achieving this milestone, in particular during the project construction phase when multiple contractors and new employee...

 PRESS RELEASE

Calibre and Marathon Announce Completion of Previously Announced C$40 ...

Calibre and Marathon Announce Completion of Previously Announced C$40 Million Financing of Marathon VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon” and collectively the “Parties”) are pleased to announce the closing of the previously announced C$40 million financing of Marathon (the “Private Placement”). Pursuant to the Private Placement, Calibre acquired 66,666,667 common shares of Marathon (“Marathon Shares”) at a price of C$0.60 per share for aggregate gross pro...

 PRESS RELEASE

Marathon Gold Announces 2023 Third Quarter Results

Marathon Gold Announces 2023 Third Quarter Results TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the third quarter ending September 30, 2023, and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in the central region of Newfoundland and Labrador (“NL”). All figures are in Canadian dollars unless otherwise noted. Third Quarter Financial Results Cash and cash equivalents at September 30, 2023 of $71.0 million and restricted cash of $24...

 PRESS RELEASE

Calibre and Marathon Announce Combination to Create a High-Growth, Cas...

Calibre and Marathon Announce Combination to Create a High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in the Americas with Expected Annual Production of 500,000 ounces Calibre Announces C$40 Million Concurrent Financing of Marathon VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon” and collectively the “Parties”) are pleased to announce that the Parties have entered into a definitive arrangement agreement (the “Arrangement Agreement”) whereby Calibre will acq...

Ben Pirie
  • Ben Pirie

Mining Monthly: October Edition

What you need to know: • Precious metal prices were up substantially in October, rebounding from two months of consolidation, significantly outperforming broader markets which were down during the month. Other commodities and battery metals held in relatively flat. • The price of uranium continued to perform well over the last month and resulted in significant equity financings. • Deteriorating economic data leads us to believe we are approaching a long-awaited pivot after both the BoC and the...

 PRESS RELEASE

Marathon Gold Confirms Valentine Gold Project Berry Expansion Released...

Marathon Gold Confirms Valentine Gold Project Berry Expansion Released from Provincial Environmental Assessment Process TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador (NL) Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project (the “Berry Pit Expansion” and the “Project”) from the provincial environmental assessment (EA) process. The Minister’s decision follows regulatory...

 PRESS RELEASE

Marathon Gold Provides Third Quarter 2023 Construction Report

Marathon Gold Provides Third Quarter 2023 Construction Report Project 50% Complete on First Anniversary of Construction TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland (the “Project”) for the quarter ended September 30, 2023. Highlights include: The Project has marked one full year of construction since early works commenced in October 2022. More than 800,000 hours of site work have been completed without a los...

Ben Pirie
  • Ben Pirie

Mining Monthly: September Edition

What you need to know: • The precious metals markets were down in September, alongside a pullback across broader markets. Commodities and battery metals held in relatively flat. • The price of uranium has surged over the last month. We revisit our bullish view on the uranium market from our thematic research note. • Deteriorating economic data leads us to believe we are approaching a long-awaited pivot after both the BoC and the Fed held rates in September. Sentiment Update Commodity prices ...

 PRESS RELEASE

Marathon Gold Publishes 2022 Sustainability Report

Marathon Gold Publishes 2022 Sustainability Report TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) has published its 2022 Sustainability Report for the Valentine Gold Project in the central region of Newfoundland and Labrador. Matt Manson, President, and CEO commented “This is our second annual Sustainability Report for the Valentine Gold Project, a mining project under full construction. During 2022, we saw the completion of what was three years of social and environmental assessment for Valentine, with approvals to proce...

 PRESS RELEASE

Marathon Gold Announces Management Appointments

Marathon Gold Announces Management Appointments TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) announces certain changes to the Company’s senior management team. Mr. Gil Lawson will be joining Marathon in the role of Chief Operating Officer, effective October 1, 2023. Mr. Lawson is an experienced mining professional with over 36 years of experience in project development, mine planning, and mine management. Between 1986 and 2020 he held a number of increasingly senior technical and leadership roles at Placer Dome Inc., De B...

 PRESS RELEASE

Marathon Gold Provides Progress Report on Major Earthworks at Valentin...

Marathon Gold Provides Progress Report on Major Earthworks at Valentine Gold Project Tailings Dam Foundation at 78% Completion TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on construction at the Tailings Management Facility (“TMF”) of the Valentine Gold Project (the “Project”). The TMF is a major infrastructure element of the Project, and noteworthy advancement has been achieved during the summer construction season. Matt Manson, President and CEO commented: “Over the last three months we h...

Ben Pirie
  • Ben Pirie

Mining Monthly: August Edition

What you need to know: • The precious metals markets held flat in August, following the solid performance in July; mining equities fell modestly. • M&A continued to be light in August, we believe this is primarily due to the lack of clarity regarding the direction of interest rates. • Safe-haven assets like gold and silver continue to look highly attractive with mining equities trading close to trough multiples, creating buying opportunities for when investment dollars flow back into the sector...

 PRESS RELEASE

Marathon Gold Confirms Berry Regulatory Assessment Process Proceeding ...

Marathon Gold Confirms Berry Regulatory Assessment Process Proceeding to Plan TORONTO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that it has received confirmation from the Impact Assessment Agency of Canada (“IAAC”) that changes to the Valentine Gold Project (the “Project”) to accommodate an open pit and associated infrastructure at the Berry Deposit (the “Berry Complex”) do not constitute a new Designated Project, and as such do not require a new impact assessment under the Impact Assessment Act (“IAA”). Thi...

 PRESS RELEASE

Marathon Gold Announces 2023 Second Quarter Results

Marathon Gold Announces 2023 Second Quarter Results TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the second quarter ending June 30, 2023, and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in the central region of Newfoundland and Labrador (“NL”). Second Quarter Financial Results (all figures are in Canadian dollars unless otherwise noted): Cash and cash equivalents at June 30, 2023 of $130 million.Capital Expenditures of $33.5 million f...

 PRESS RELEASE

Marathon Gold and Miawpukek First Nation Hold Formal Signing Ceremony ...

Marathon Gold and Miawpukek First Nation Hold Formal Signing Ceremony for Socio-Economic Agreement TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that the Socio-Economic Agreement (“SEA” or “Agreement”) between Marathon and Miawpukek First Nation (“Miawpukek”), which was concluded on May 8, 2023, was the subject of a formal signing ceremony held in Conne River, Newfoundland and Labrador, on August 7, 2023. The Agreement was signed by Matt Manson, Marathon’s President & CEO, and Miawpukek Chief Mi’sel Joe ...

 PRESS RELEASE

Marathon Gold Provides Second Quarter 2023 Construction Report

Marathon Gold Provides Second Quarter 2023 Construction Report TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland (the “Project”) for the quarter ended June 30, 2023. Two full quarters of construction have now been completed at the Project since major mobilization commenced in January 2023. During June 2023, the Project exceeded 500,000 hours of site work completed without a lost time incident. At the end of the sec...

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