Marathon confirms Berry Pit Expansion released from EA process

Marathon Gold Corporation announces that the Honourable Bernard Davis, Newfoundland and Labrador Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project from the provincial environmental assessment, EA, process. The Minister’s decision follows regulatory and public review of the Berry Pit Expansion Environmental Registration document, which was submitted to the NL Department of Environment and Climate Change on August 11, 2023. As is customary for projects released from the provincial EA process, the decision letter includes certain terms and conditions with which Marathon must comply, including completion of water-related plans and studies, ongoing caribou monitoring and mitigation, avifauna surveys, and an update to the NL Benefits Agreement to include the Berry Pit Expansion. The conditions are similar to those required in the March 17, 2022 provincial EA Release, which included Leprechaun and Marathon pits, the process plant, and Tailings Management Facility. The Berry EA documentation was also submitted to the Impact Assessment Agency of Canada and on August 30, 2023, Marathon received confirmation from IAAC that the proposed Berry Pit Expansion does not constitute a new Designated Project federally and, as such, a new impact assessment under the Impact Assessment Act is not required.