10:06 AM EST - Marathon Gold Corporation : announced that it has purchased the Bonanza Mine, located in north eastern Oregon, from the Gazelle Land and Timber LLC. The Bonanza Mine is a historic high-grade producer and Marathon owns 100% of the property. The Bonanza Mine is comprised of 13 patented lode claims and one patented parcel totaling approximately 300 acres. Under the terms of the agreement with Gazelle, Marathon paid 300,000 shares and $125,000 U.S. for the Bonanza Mine. Marathon Gold Corporation
shares T.MOZ are trading up $0.19 at $1.34.
