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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 Mar 01, 2024 7:20am
113 Views
Post# 35908522

RE:Breaking News. MAE received permit approval

RE:Breaking News. MAE received permit approvalWe are now off to the races, with all of the development and closure permits having been received .

We now have a full 10 months to carry out the necessary pre mining activities such as site preparation and grade control along with planned exploration activities for the 4 contributing deposits. ..HD, Orion, Area 22 and Golden ...plus Stocger ... that should ....,including 2022 drilling showing signifucant extensions.., result in a signifucant increase in Reserves .

We should now see increased numbers of NRs..
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