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Bullboard - Stock Discussion Forum
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.
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TSXV:MAE - Post Discussion
Maritime Resources Corp
> Where is Firefly going to make copper concentrates?
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•••
shiftyone
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Post by
shiftyone
on Mar 25, 2024 8:39pm
Where is Firefly going to make copper concentrates?
It says in the news release that they can store them at Maritimes Pointe Rousse property.
But where are they going to turn it into concentrates?
(2534)
•••
nozzpack
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Comment by
nozzpack
on Mar 26, 2024 6:30am
The Pine cove mill can make copper concentrates as it has a floatation plant. Normally, the copper concentrate was produced by Ramblers Nuggett Pond mill , then trucked to Ramblers Deep Water Port at GoodYears Cove where it was stored prior to being shipped to the buyer. Thats about 200 km away. Maritime's Nuggett Pond mill is adjacent to Ramblers Nuggett Pond mill and has a copper
...more
(2534)
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nozzpack
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Comment by
nozzpack
on Mar 26, 2024 7:14am
Rambler in 2021 estimated that it would save them $5 million US in trucking costs to move their Nugett Pond copper plant to the Ming mine which ....save them about 50 km in trucking ore to Nuggett Pond and the Concentrate another 50 km to be trucked from Nuggget Pond mill back to the highway to Goodyears Cove. Thats about $7.5 million in cad in 2021 which is about $10 m today. Add another
...more
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