From Steel to Gold: The Journey of Marathon Gold’s Valentine Project
Ocean Steel and Construction Limited is proud to be supplying and installing steel for various mining projects across Canada, supporting the infrastructure for Canadian natural resources and economic development. One of the most recent projects is the Marathon Gold Valentine gold mine in Valentine Lake, Newfoundland.
Calibre Mining Corporation’s Valentine Gold Mine is located deep in the heart of Central Newfoundland, Canada. Ocean Steel was contracted by Gisborne Industrial Construction Ltd. to supply 645 tons of Structural and Miscellaneous Steel for various structures, including the Grinding Building, Process Plant, Reagent Building, Tailings Disposal Area, as well as several Pipe Racks. Structural steel is complete and overall construction is 95% complete, with mining operations expected to commence in 2025. When completed, Valentine will be the largest gold mine in Atlantic Canada and a significant contributor to the economy of Newfoundland and Labrador.
Darren Hall, President and Chief Executive Officer of Calibre, stated: “ Valentine Gold Mine continues to advance, with first ore processed now expected in early Q3, followed by a steady ramp up to nameplate capacity of 2.5 million tonnes…Valentine is positioned to become a long-life, cornerstone asset in Canada, initially delivering approximately 200,000 ounces of gold annually with significant exploration upside. Source: Calibre Mining – Calibre Delivers 71,539 Ounces in Q1 2025, a Record First Quarter Production; Provides Valentine Gold Mine Update
Learn more about the Valentine Gold Mine project by viewing this video by Calibre Mining: Video
Read more about our next level construction projects in our Connections Fall 2024 Newsmagazine.
April 2025
