Another Potential Recurrent Revenue Stream We know from a recent NR in early 2024 that sampling of the wash plant fines from Shorelines Aggregate business at Point Rousse, confirmed the presence of high-grade gold assaying 11.4 g/t.
It was stated at that time that Maritime and Shoreline were investigating the installation of a gravity recovery circuit to the aggregate wash plant to collect any gold on a more permanent basis.
The Shoreline wash plant collects rejected gold ore containing below cutoff grade discharge from the Pine Cove mill and crushes it sale to industrial users.
Washing of this low grade crushed ore is necessary because much of that aggregate is used for industrial concrete production which needs clean crushed stone .
In the washing process, gold fines being 6 times heavier than granite, fall out to the bottom and are discharged with the outflow .
Its rather simple then to install a gravity separator through which the outflow must pass through, with the heavy gold fines being captured by gravity separation.
These would be near pure gold requiring little processing .
Obviously, recovered volumes and grades would need quantification , but this could be yet another recurring revenue stream for Maritine in collaboration with Shoreline.