Marathon Gold Announces 2022 Second Quarter Results
In addition, the decrease in the flow-through share tax liability of $0.80 million in the second quarter of 2022 was higher than the decrease of $0.07 million in the comparable period in 2021.
- In addition, the decrease in the flow-through share tax liability of $0.80 million in the second quarter of 2022 was higher than the decrease of $0.07 million in the comparable period in 2021.
- Capital expenditures, excluding working capital movements, were $4.53 million higher in the second quarter of 2022 than the comparable period in the prior year, mainly due to project pre-construction capital spending, which commenced in the third quarter of 2021.
- A total of 2,765 metres of geotechnical drilling was completed during the second quarter of 2022 across 12 drill holes.
- Results from the 2022 exploration drilling program will continue to be released throughout the remainder of 2022 as assaying is completed.