Marathon Gold Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Matthew L. Manson
- Full Time Employees
- 634
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 36 Lombard Street Toronto ON Canada M5C 2X3
- IPO Date
- Sep 25, 2012
- Website
- marathon-gold.com
- Similar Companies
- Business
- Marathon Gold Corporation, a Toronto-based gold exploration and development company founded in 2009 and headquartered at 36 Lombard Street, Toronto, Ontario, focuses on the acquisition, exploration, and advancement of mineral properties primarily in Canada. The company advances its 100%-owned Valentine Gold Project in central Newfoundland and Labrador, comprising five mineralized deposits along a 32-kilometre system with measured and indicated resources of approximately 3.2 million ounces of gold; it offers open-pit mining and conventional milling operations targeting average annual production of 195,000 ounces over a 14-year mine life. Geographic operations center on Atlantic Canada, one of the world's top mining jurisdictions, with target customers including gold producers and investors seeking high-quality development assets. In January 2024, Calibre Mining Corp. completed its $345 million acquisition of Marathon Gold, integrating the Valentine Gold Project into Calibre's portfolio and issuing 0.6164 Calibre shares per Marathon share, resulting in former Marathon shareholders owning 35% of the combined entity; this followed a November 2023 agreement including a $40 million private placement for 14.2% equity to fund Valentine development. Calibre, subsequently acquired by Equinox Gold, continues advancing Valentine toward first gold production in Q2 2025, with 50% construction complete as of late 2024 and partnerships such as ABB for process and power automation systems.
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Marathon Gold Announces Receipt of Final Court Order for Arrangement with Calibre
Marathon Gold Shareholders Approve Arrangement with Calibre Mining
Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Marathon Shareholders Vote FOR the Arrangement with Calibre
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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 Gold Achieves 1 Million Work Hours LTI Free at Valentine Gold Project
Newfoundland juniors in the spotlight again following Marathon Gold takeover
Calibre and Marathon Announce Completion of Previously Announced C$40 Million Financing of Marathon
Calibre Mining acquires Marathon Gold to create a mid-tier gold producer
Calibre Mining to acquire Marathon Gold in C$345M all-stock deal
Marathon Gold Announces 2023 Third Quarter Results
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
Marathon Gold Confirms Valentine Gold Project Berry Expansion Released from Provincial Environmental Assessment Process
Marathon Gold Provides Third Quarter 2023 Construction Report
Marathon Gold Publishes 2022 Sustainability Report
Marathon Gold Announces Management Appointments
Marathon Gold Provides Progress Report on Major Earthworks at Valentine Gold Project
Marathon Gold Confirms Berry Regulatory Assessment Process Proceeding to Plan
Marathon Gold Announces 2023 Second Quarter Results