Star Lake

Marathon Gold Announces 2023 Second Quarter Results

Retrieved on: 
Thursday, August 10, 2023
Capital expenditure, Leprechaun, Marathon, Star Lake, NSR, MRE, Person, Sale, National instrument, NI, Project, NL, KV, News, Cryptocurrency, Life insurance, Geology, Franco-Nevada

General and administrative expenses increased from $0.86 million and $3.18 million in the three and six months ended June 30, 2022, respectively, to $4.45 million and $6.21 million in the comparable period in 2023.

Key Points: 
  • General and administrative expenses increased from $0.86 million and $3.18 million in the three and six months ended June 30, 2022, respectively, to $4.45 million and $6.21 million in the comparable period in 2023.
  • Finance income, net increased from $0.18 million and $0.28 million in the three and six months ended June 30, 2022, respectively, to $5.64 million and $6.71 million in the comparable period in 2023.
  • (NL), Vice President, Regulatory and Government Affairs for Marathon and Mr. David Ross, P.Geo.
  • (NL), of APEX Geoscience Ltd. is a Qualified Person for purposes of NI 43-101, is independent of Marathon and the Valentine Gold Project, and has reviewed and takes responsibility for the updated 2022 MRE prepared by John T. Boyd Company.

Marathon Gold Announces 2023 First Quarter Results

Retrieved on: 
Monday, May 15, 2023
Capital expenditure, International, Leprechaun, Marathon, Star Lake, NSR, MRE, Person, Gold, National instrument, NI, International Financial Reporting Standards, Project, NL, FNV, KV, News, AISC, Cryptocurrency, Security (finance), Geology

Factors affecting financial results for the three months ended March 31, 2023:

Key Points: 
  • Factors affecting financial results for the three months ended March 31, 2023:
    General and administrative expenses decreased from $2.33 million in the three months ended March 31, 2022, to $1.76 million in the three months ended March 31, 2023.
  • Certain non-IFRS financial measures used in this news release and common to the gold mining industry are defined below.
  • AISC is reflective of all of the expenditures that are required to produce an ounce of gold from operations.
  • AISC per ounce is calculated as AISC divided by payable gold ounces.

Marathon Gold Provides Inaugural Valentine Construction Progress Report

Retrieved on: 
Thursday, March 2, 2023
Quartz, D9, Victoria Dam, Building material, Maintenance, Star Lake, Canadian Environmental Assessment Act, 2012, D10, Progress, Impact Assessment Agency of Canada, National Building Code of Canada, Feasibility study, TMF, National instrument, Interior, Environmental issues, Marathon, NL, EA, Engineering, Rehabilitation, Ball, CAT, AISC, Construction, Leprechaun, MOZ, TSX, KV, Bed, Risk, HV, EIS, Environment, Climate change, Employment, News, ADR, Mining, FS, Newfoundland and Labrador Hydro, Person, Gold, Drainage, CAT D10, Female, Disability, Mine closure planning, Weather, Valentine, SAG, Environmental impact assessment, Carbon, Grand Falls-Windsor, CEAA, Life, Rare-earth element, Road, Uranium mining, Health insurance, Approval, Fishery, Project, Badger, Geology

TORONTO, March 02, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on construction progress at its 100% owned Valentine Gold Project located in central Newfoundland (the “Project”).

Key Points: 
  • TORONTO, March 02, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on construction progress at its 100% owned Valentine Gold Project located in central Newfoundland (the “Project”).
  • Matt Manson, President and CEO, commented: “We are providing today the first of what will be quarterly progress reports on construction at the Valentine Gold Project.
  • We are particularly encouraged by the progress of our mining ramp-up as we produce construction materials from the Leprechaun pit.
  • Project construction costs incurred from November 1, 2022 to the end of January, 2023 were C$29M, with a further C$183M committed.

Marathon Gold Announces 2022 Third Quarter Results

Retrieved on: 
Wednesday, November 9, 2022
Grand Falls-Windsor, Wastewater, ADR, MRE, Person, EA, Newfoundland and Labrador Hydro, Water resources, Company, Program, Engineering, Evaluation, Feasibility study, Mining, Gold, NI, Marathon, Leprechaun, MOZ, News, Project, SNC-Lavalin, TSX, KV, Contract, Rehabilitation, SAG, Ministry of Oil and Mineral Reserves (Syria), Arm, Building material, Water, Soil, Maintenance, Growth, Data, Sewage, Income, Star Lake, Water Resources Act 1991, Resource management, Bed, Investment, Capital expenditure, National instrument, JCL, Renewable energy, Security (finance), Oil shale, Plumbing, Construction, Tunnel, Uranium, Nightclub, Technology, Corner Brook, Geology

The Commercial Cutting Permit for the Project site, associated with early works tree cutting operations, was obtained on June 9, 2022.

Key Points: 
  • The Commercial Cutting Permit for the Project site, associated with early works tree cutting operations, was obtained on June 9, 2022.
  • Integration of SNC-Lavalin and Progesys with the Marathon Team continued throughout the third quarter of 2022.
  • Drilling in the third quarter of 2022 continued to be focused on the Berry and Victory Deposits, and prospecting for new discovery.
  • Results from the 2022 exploration drilling program will continue to be released throughout the remainder of 2022 as assaying is completed.

Marathon Gold Mobilizes Early Works at Valentine Gold Project

Retrieved on: 
Wednesday, October 12, 2022
Environmental impact assessment, EA, M16, Program, Rehabilitation, Caterpillar, Environment, Association, CEO, Board of directors, Leprechaun, Valentine, Newfoundland and Labrador Route 480, Bed, D10, Person, Access, Epiroc, Company, JCL, KV, GLOBE, Maintenance, D9, Government, Fishery, Marathon, MOZ, TSX, Newfoundland and Labrador Hydro, Canada, NL, Star Lake, EAS, Cabinet, D65, Feasibility study, Climate change, Mining, Maintenance (technical), Project, Building material, Gold, Letter, Oil, Construction, Rail freight transport, Triton, Safety, Technology, Badger, Diocese of Central Newfoundland, Corner Brook

TORONTO, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (Marathon or the Company; TSX: MOZ) is pleased to announce that it has commenced early works site activities at the Valentine Gold Project in central Newfoundland (Valentine or the Project).

Key Points: 
  • TORONTO, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (Marathon or the Company; TSX: MOZ) is pleased to announce that it has commenced early works site activities at the Valentine Gold Project in central Newfoundland (Valentine or the Project).
  • On September 1, 2022 Marathon announced the decision of its Board of Directors to proceed to project construction.
  • The early works program is proceeding well, and the Updated Feasibility Study is on schedule for completion during this quarter.
  • Currently, the 74 persons are employed by Marathon at the Project site or within its Grand-Falls Windsor office (Table 1).

KB Home Announces the Grand Opening of Stafford Meadows, Its Latest New-home Community in Auburn, Washington

Retrieved on: 
Thursday, January 27, 2022
Commercial Building & Real Estate, Construction & Property, Urban Planning, REIT, Landscape, Interior Design, Building Systems, Architecture, Other Construction & Property, Residential Building & Real Estate, KB Home, Bath, Recreation, Commons, History, Certification, Ownership, Saline water, Multimedia, Environmental protection, STAR, Walking, Stafford, Star Lake, Environment, Interstate 5, KB, NYSE, Saltwater State Park, EPA, Interstate Highway System, Tunnel, Stafford Meadow Brook

KB Home (NYSE: KBH) today announced the grand opening of Stafford Meadows, a new, single-family home community in a prime Seattle-area location.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Stafford Meadows, a new, single-family home community in a prime Seattle-area location.
  • Homeowners will also enjoy the communitys proximity to outdoor recreation at Saltwater State Park, Star Lake and Auburn Golf Course.
  • View the full release here: https://www.businesswire.com/news/home/20220127005344/en/
    KB Home announces the grand opening of Stafford Meadows, its latest new-home community in Auburn, Washington.
  • The cul-de-sac community is walking distance to several area schools and will also feature future amenities like a park and plenty of open space.