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LKAB Minerals

www.lkabminerals.com

 
LKAB Minerals is an international industrial minerals group with a leading position in various product applications. We develop sustainable mineral solutions in partnership with our customers, supplying natural minerals engineered for functionality and usability. LKAB Minerals is a subsidiary of the Swedish company LKAB, one of the world`s leading producers of highly upgraded iron ore products and other related mining services and products.
  • Number of Employees: 250-1000
  • Annual Revenue: $1-10 Million
  • www.lkabminerals.com
  • 205 North Michigan Avenue Suite 4211
    Chicago, IL USA 60601
  • Phone: 312.439.7413

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Marathon Gold

Marathon Gold Corp. is a high-quality growth-oriented gold development company with a long-term strategy of moving the 100% owned Valentine Lake Gold Camp through to production in central Newfoundland. Marathon recently completed a positive PEA that shows an average annual production of 188,500 ounces per year over the first 10 years, payback of 2.8 years, NPV (5%) of $367 million (USD) and an IRR of 25.3%, all after-tax. The Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,137,100 oz. of gold at 1.99 g/t and inferred resources totaling 1,104,800 oz. of gold at 1.99 g/t. Most of the resources occur at the Marathon and Leprechaun Deposits. All the deposits are open to expansion. Marathon`s 240 sq. km sized Valentine Lake property has multiple exploration targets to be explored in 2018.