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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

Post by nozzpackon Dec 29, 2023 7:39am
160 Views
Post# 35803666

Prospectus for 2024

Prospectus for 2024News flow will resume early in the new year.

Its my view that 2024 will be entirely taken up with the HD FS and those outlined exploration programs needed to expand and convert gold resources at Stoger, Golden Anchor, Orion etc that will contribute to the expanded FS.

Fact is, MAE has the greatest number of advanced and poly metallic projects in Canada.

It will need JVs to advance the exploration and development of some of these projects in 2024.

Whisker Valley stands out in this regard because of its several polymetallic mine outcomes.

Firefly stands out as the obvious partner but that is purely my guess....It could be several others including Sean Ryan who has made known that the Baie Verte Peninsula is highly attractive to his exploration drive.

In any event , the very best for 2024..
And
GLTA
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