Maritime Resources Corp V.MAE

Alternate Symbol(s): MRTMF

Metals & Mining Gold

Maritime Resources Corp. is a Canada-based gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. 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 controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Company owns mineral processing assets in the Baie Verte mining district, which include the Pine Cove mill and the Nugget Pond gold circuit. It also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its land holding, across all its properties, covers an area of approximately 43,925 hectares, of which the Company holds a 100% mineral rights interest in 37,050 hectares with the remaining 2,175 hectares under option agreements (100%).

TSXV:MAE - Post by User

Maritime Resources Corp

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Comment by marnesueon Apr 20, 2007 5:31pm

378 Views

Post# 12649532

RE: MAE related news

The key phrase in this PR is "employee of the Nunavut Water Board". That's what these people are employees and they serve at the pleasure of the Board. They may give themselves fancy titles like Executive Director, but they are only there to advise the Board, and if the Board doesn't like the advice they're dishing up, then the have every right to can their ass.

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