Marathon Gold Confirms Valentine Gold Project Berry Expansion Released from Provincial Environmental Assessment Process
TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador (NL) Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project (the “Berry Pit Expansion” and the “Project”) from the provincial environmental assessment (EA) process.
- TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador (NL) Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project (the “Berry Pit Expansion” and the “Project”) from the provincial environmental assessment (EA) process.
- In September 2020, Marathon submitted an Environmental Impact Statement (“EIS”) for the Project to IAAC and the NLDECC pursuant to the requirements of the Canadian Environmental Assessment Act (2012) and the NL Environmental Protection Act, respectively.
- The Valentine Gold Project was released from the provincial EA process on March 17, 2022, and the federal EA process on August 24, 2022.
- In December 2022 Marathon released results of an Updated Feasibility Study for Valentine based on the addition of a third open pit and associated infrastructure at the Berry Complex (the “three-pit project”).