Operations
 
Marathon Resources Limited is a minerals exploration company focused on the development of Mt Gee, one of Australia's largest undeveloped uranium deposits.

With 40% of the world's known uranium reserves, Australia has huge potential to meet continued growth in uranium demand and Marathon's projects are set to supply some of this need.

The Mt Gee project is located within the Paralana Mineral System of South Australia, a uranium-rich state which is home to the world's largest uranium deposit at Olympic Dam. Mt Gee has an indicated and inferred resource of 51 million tonnes averaging 615 parts per million U3O8 (cut-off grade 300 ppm), yielding 31,400 tonnes of contained U3O8.

Marathon has a joint venture over tenements in central South Australia with listed uranium explorer UraniumSA Ltd (ASX:USA), in which the company holds a 7% stake.

Marathon Resources listed on the Australian Securities Exchange on 15 March 2005, under the stock code of MTN.

 
 
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