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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 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

Bullboard Posts
Post by thegoldenchildon Mar 13, 2001 11:45am
202 Views
Post# 3465146

New Gold Discovery!

New Gold Discovery!This new zone has some very impressive grades and intersects and has become a new area of focus for their drilling. I wouldn't be surprised if in the next few weeks more major discoveries like this one are made. This has got to be one of the most undervalued gold explorations around. Two million ounces confirmed another two million ounces classified as resources and everywhere they drill they find gold. This play is going to me me a very rich just look at all the various mutual funds that have invested in this one more specifically through Hope Bay. No one invests that kind of money if their not expecting huge huge huge returns. Long Mae my target price 5$ 6-18 months.
Bullboard Posts