Maritime Resources Corp V.MAE

Alternate Symbol(s): MRTMF

Metals & Mining Gold

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

Maritime Resources Corp

<< Previous

Bullboard Posts

Next >>

Post by nozzpackon Jan 31, 2024 2:45pm

67 Views

Post# 35855477

Ore Sorter Costs

One of my other gold stocks have ordered an ore sorter with an annual capacity of 125,000 tons per year.

I quote ..

"The immediate cash outlay is about 630,000 euros, and we are forecasting a further 250,000 euros to 300,000 euros for the importation costs and shipment from Poland to the Coringa site."

Thats about $1 million euros which is about $1.5 m in CAD.

We need about 450,000 tons capacity , so our total costs should be about $6 m.

We have those 97 m warrants at 7 cents to pay for that cost..

I

<< Previous

Bullboard Posts

Next >>

FSD Pharma submits MS treatment clinical trial for review in Australia