PRECIOUS METALS

Matador hoping for a Marathon-type investment run

AN interesting comparison between two proposed gold mining ventures in Newfoundland will be revealed in upcoming months as ASX-listed Matador Mining completes scoping work in March and Canadian company Marathon Gold finishes a prefeasibility study next quarter for its Valentine gold project.

 Matador's Cape Ray project in Newfoundland

Matador's Cape Ray project in Newfoundland

Matador considering a circa 100,000 ounce per annum development while Marathon has previously flagged a 225,000ozpa operation. Marathon's preliminary economic assessment (aka scoping work) completed...

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