why marathon ?
Two Robust Gold Projects:
Advancing two high grade gold projects located in mining-friendly jurisdictions in Canada and the United States:
Flagship Valentine Lake Project in central Newfoundland (100% owned)
• A fraction of Valentine’s total 30 km strike has been explored in detail, new gold areas are found each year
• Leprechaun deposit remains open at depth and along strike
Golden Chest Mine (50/50 JV with New Jersey Mining Company) in Idaho’s rich Coeur d’Alene Mining District
• Golden Chest has significant exploration potential at depth and along strike to the north
Proven Management Team
• Over 80 years of management experience in mining exploration, development and production
• Same management and technical team behind Marathon PGM (sold to Stillwater for $110 million in Dec. 2010)
2013 Focus
• Update the NI 43-101 with the new data collected from the 10,000 m Winter Drilling Campaign
• Economic Study on the Valentine Lake Project in Newfoundland