Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 nozzpackon Feb 06, 2024 2:16pm
66 Views
Post# 35865797

Pickle Crow, Hope Brook , Firefly and First Mining

Pickle Crow, Hope Brook , Firefly and First Mining

First Mining is developing two substantial gold projects in Canada .

It also owns a portfolio of gold project interests, including the Pickle Crow gold project (being advanced in partnership with FireFly Metals Ltd.), the Hope Brook gold project (being advanced in partnership with Big Ridge Gold Corp.)

 

Its WI is 20% in Hope Brook and 30% in Pickle Crow .

As posted several times, Firefly is looking to expand its assets in NL including gold production .

It will need Maritime's gold processing mills to convert such gold assets to production.

Hope Brook fits nicely into Firefly's expansion into the gold sector.

Hope Brook cannot be produced without access to Maritime's gold mills.

Maritime will be producing $150 million per year in gold production from its HD mine beginning in 2025, with robust cash flows.

FF is or will be looking to offload its non core assets, as its cash is now needed to develop its two gold mines.

Maritime has potentially high grade gold-copper deposits to complement Ming Mine production .

From this confluence of common objectives  will rise the NL metal  Powerhouse in a reprise of Altius..



 

<< Previous
Bullboard Posts
Next >>