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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

Comment by nozzpackon Feb 09, 2024 6:52am
49 Views
Post# 35871767

RE:RE:2 billion lbs of copper in Nuggett tailings Pond

RE:RE:2 billion lbs of copper in Nuggett tailings Pond4.1 million tons of that 6.7 m tons was mined between 1972-82 at an average grade of 2.17% copper and above average gold grade plus silver and zinc.

During the first 5 years of mining by Rambker...2013 onwards . rambler high graded with copper grades averaging over 2,5 % with gold grades about 1.5 grams per ton .

Recoveries were lower in the earlier period, so my 10% tailings waste  takes the entire period into consideration .
Thank you for asking tho, as my professional background required that I speed read and retain factual essence by memory ...and sometimes that is not infallible ..
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