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Marathon Gold Corporation

10:43 AM EST - Marathon Gold Corporation : Provided an update on ongoing development activities at the Valentine Gold Project located in central Newfoundland. CEO Matt Manson, commented: “Marathon’s April 2021 Feasibility Study for the Valentine Gold Project demonstrated robust economics for a conventional open pit mining and milling operation with low initial capital cost and high rate of return. An Environmental Assessment is ongoing with federal and provincial regulators and is expected to be completed later this year. Procurement, detailed engineering, community engagement, and staffing of the project execution team are all progressing well with a view to site construction commencing in early 2022. In this news release we are pleased to provide the following updates on our project development activities.” Marathon Gold Corporation shares T.MOZ are trading down $0.11 at $3.26.