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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

Comment by nozzpackon Dec 06, 2023 5:45am
55 Views
Post# 35770433

RE:RE:RE:December Corporate Presentation

RE:RE:RE:December Corporate PresentationLol.
Each time I see the ID macpoor, I get the giggles.
Wonderful sense of self humor by Mac.

I intend to pitch in for his new ID ,once this horse enters the race .

Those 90 odd million 7 cent warrants are essential to their 2024 exploration plans and will get exercised by their institutional holders .
Don't know when or the NR which will get the puck in the top corner, but it will come.

As to the stated expansion of the Point Rousse mill, another shareholder has passed along the rumor that it will cost $15 m and will be paid for by NFG.

While this makes sense , it is just that....a rumor.

What surprises me is that no one such as NFG has bought out Signals 23.5 m shares .
They need the cash , that's for sure.




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