Project developer Marathon Gold will receive research and development (R&D) funding under the GeoEXPLORE programme of the Research & Development Corporation of Newfoundland and Labrador (RDC) for metallurgical testing on mineralised material from the Leprechaun and Marathon deposits, at the company’s flagship Valentine Gold Camp, the company announced on Wednesday.
The estimated cost of the project, which was being done in collaboration with consulting engineering firm Thibault & Associates, would total about C$165 000, of which about C$124 000 would be contributed by RDC.