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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

Metals & Mining Gold
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

Maritime Resources Corp > Firefly Reports More Spectacular Assay Result
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Comment by nozzpackon Jan 22, 2024 7:25am
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Post# 35838521

RE:RE:RE:RE:Firefly Reports More Spectacular Assay Result

RE:RE:RE:RE:Firefly Reports More Spectacular Assay ResultAs an example of the effect of grades on profitability of the Ming mine, in F2016 they were very profitable at a copper grade of 2.12% and gold at 1.4 grams even at an average copper price of $2.20 per lb.

Rambler in part, lacked the excess WC needed to drill define those higher grade massive sulphides 
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