DAILY NEWS Mar 14, 2010 5:00 PM - 1 comment

ENVIRONMENTAL REVIEW: Look at Marathon PGM mine begins

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ONTARIO - All of the fieldwork has been completed and a formal project description has been submitted to the Canadian Environmental Assessment Agency for the Marathon PGM-Cu project owned by Toronto's Marathon PGM Corp. The project is located 10 km north of the town of Marathon. The review is expected to take 21 months.

Marathon continues to explore the immediate vicinity of the Marathon deposit in a bid to extend the life of a large tonnage, open pit mine. So far the proven and probable reserves total 91.45 million tonnes grading 0.832 g/t Pd, 0.237 g/t Pt, 0.085 g/t Au, 1.44 g/t Ag and 0.247% Cu.

Photos from the Marathon and Geordie Lake projects are posted at www.MarathonPGM.com.



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Reader Comments

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Dick Beard

21 months to review??!! No wonder developers are afraid to spend exploration and development money in Ontario.

Posted March 16, 2010 05:42 PM


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