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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

Maritime Resources Corp. is a Canada-based gold exploration and development company. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. The Company holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property, which includes the former Hammerdown gold mine and the Orion gold project. It also controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. The Point Rousse Project covers an area of approximately 54 km2. The Company also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its wholly owned subsidiary is 2823988 Ontario Corp.


TSXV:MAE - Post by User

Post by DoumDiDoumon Mar 25, 2022 9:08am
191 Views
Post# 34544632

Gold Juniors Still Out Of Favor...

Gold Juniors Still Out Of Favor...With all the efforts lately to get exposure, all tactics to get a raise in the SP failed despite the bullion run. It was good to see Garett so often here and there but teaming up with Soar Financial, with a bit above 100 views for the latest published video, might not be the right partner to promote the story.  What happens with Quinton Hennigh?  Is he still involved with MAE?

Anyway, good effort but the sector seems to be out of favor right now except for the big stories like NFG and MOZ on the island.  Producers under 100K/year are not sexy, even if capital costs to build the mine and a good IRR are promised.  Several gold gurus say that it's a perfect time for merges and acquisitions, we never know, a big player could try to set feet in NFLD and build a package of all advanced projects in the area like MAE, ANX and MOZ.
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