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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 Orkon Jan 08, 2024 2:25pm
136 Views
Post# 35816099

Shows why it’s a long haul for Jr’s

Shows why it’s a long haul for Jr’sQC copper, yea, could have one of the biggest open pit copper mines in good olde Canada- Chuck some AG & AU in there. 1/3 rd less shares than MAE yet still only trades at 0.15 - good example of juniors having a big steep hill to climb for shareholders to make cash via investing- it ain't easy.
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