Toronto Geological Discussion Group
The Marathon Gold Valentine Lake Property in Central Newfoundland, an emerging Gold Camp
Phillip Walford and Sherry Dunsworth, Marathon Gold Corp.
The success of Marathon Gold in expanding resources on the property has provided the stimulus for gold exploration along a south west /north east trending greenstone belt which has receive varying amounts of work in the past. The belt hosts VMS deposits including the recently shut down Duck Pond Mine and the historic Buchans Deposits, all which have contain gold. The Valentine Lake Gold property is comprised of several Paleozoic sedimentary and volcanic rocks which have the potential to host gold. The main focus of exploration for Marathon is an approximately 25 km long by 4 km wide late Precambrian intrusion. There are four gold deposits and numerous showings developed on the property. Two of the deposits to date exhibit the potential to host greater than 1M oz of gold. Gold occurs in quartz tourmaline pyrite veins mainly in extensional veins. The structural setting has been compared to Lamaque-Sigma. The potential is high open pit mining as well as under mining in two of the deposits to date.
Phillip Walford, P.Geo
Mr. Walford is the President and CEO of Marathon Gold. He was one of the founders of Marathon PGM which was purchased by Stillwater Mining in 2009. The gold assets were spun out to form Marathon Gold. Mr. Walford has more than 40 years of experience in mining geology throughout the Americas. He has held senior positions at a number of companies including Marathon PGM, Anaconda Gold, Geomaque Explorations, LAC Minerals and Pamour Porcupine Mines.
Sherry Dunsworth, P.Geo
Sherry Dunsworth is the Vice President of Exploration for Marathon Gold. She has more than 30 years of experience in the mining industry and has been based in Newfoundland for much of that time. She is a director of the Mining Industry of Newfoundland and Labrador and a former member of the Mineral Rights Adjudication Board of Newfoundland and Labrador.
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