Other Projects

In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, Marathon holds 100% interests in (i) the Bonanza Mine, a historic former mine located in Baker County in northeastern Oregon; (ii) the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, BC; and (iii) a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.

100% Owned
Oregon, U.S.A.

  • 100% Owned by Marathon
  • Historical producer in a historic mining district
    • 128,500 tons grading 1.2 oz/ton and 99,900 oz Au was produced with an average recovery of 65%
    • A historic mining cut off grade of 0.60 oz / ton (17 grams)
  • The veins vary from a foot to 6 ft. wide and locally can be up to 30 ft. wide, dipping steeply to the southwest
  • Large patented land package (300 acres)
  • Low cost to maintain the project less than $20,000 per year

Click here to view the Micon International Bonanza Technical Report