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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 Jan 14, 2024 1:10pm
64 Views
Post# 35825962

RE:RE:Toll milling Copper Concentrate at Nugget Pond Mill

RE:RE:Toll milling Copper Concentrate at Nugget Pond MillIt did not mean moving the HD ore sorter to Nuggett Pond.

I was referring to Ramblers ( Firefky )  plan to install a copper ore sorter at the MING MINE site which would reduce transportation costs of the copper ore to and from the Nugget Pond mill.

As you say, lots of options here which might optimize operating costs / revenue streams for MAE.

Firefly have the same limited operating options as Rambler.....unless an arrangement can be made with MAE to ultize or switch or consolidate milling operations of the Baie Verte Peninsula ....which are the only ones in NL and Atlantic Canada..
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