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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 Feb 01, 2024 5:16am
123 Views
Post# 35856428

How Deep Will Black Ridge Copper- Gold go ?

How Deep Will Black Ridge Copper- Gold go ?Most recent news from Firefky related to 2022 drill results that did not include the metal byproducts of gold silver and zinc..see extract below.

Black Ridge is the same Mafic style Copper - gold-silver- zinc discovery....albeit at higher grades than Ming

Ming I recall is at the 1000 m level but these grades can be found much deeper.

In these orogenic deposits , glacial till containing rock debris scuffed off from the underlying bedrock and whose debris field contained ubiquitous high grade Copper + metals , sampled by MAE, the metal containing bedrock lodes are found quite near , literallly beneath your feet.

Putting all of this together, it is only by suppressed enthusiasm that I defer to not calling Black Ridge a company maker discovery .

Lets get those drills going..




Xxxxxxxxxxxxx

Analysis of historic 2022 drill holes that were only assayed for copper by the previous operator demonstrate significant quanes of precious (gold and silver) and base metals (zinc) in the high- grade VMS zone. Results (refer ASX release dated 11 December 2023) include:
 
o 9.3m @ 9.4% Cu, 4.7g/t Au, 20.5g/t Ag, 1.3% Zn (13.6% CuEq)

RM22-795-15 o 16.8m @ 6.7% Cu, 3.5g/t Au, 24.8g/t Ag, 4.9% Zn (11.2% CuEq)

RM22-795-10 o 41.2m @ 5.9% Cu, 1.3g/t Au, 13.3g/t Ag (7.1% CuEq)

RM22-795-06 o 47.2m @ 4.7% Cu, 2.2g/t Au, 14.3g/t Ag (6.8% CuEq) RM22-795-14
o 18.4m @ 4.6% Cu, 1.9g/t Au, 10.9g/t Ag (6.3% CuEq)

RM22-795-02 o 31.6m @ 3.6% Cu, 1.1g/t Au, 9.8g/t Ag (4.6% CuEq) RM22-795-08
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