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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 22, 2024 3:09am
98 Views
Post# 35946420

RE:I'm looking forward to an update on the fines.

RE:I'm looking forward to an update on the fines.Me too as those ounces are very high margin.
They obviousky have, based on ongoing sampling two months ago,much more in the way of grades and potential volumes that can be recovered.

The most recent CP mentioned tailings reclamation potential for local farming, so they must have taken the Feasability study that far along.

Installation of a gravity recovery circuit for gold fines associated with aggregate processing  is a separate project, apart from tailings recovery .

With POG near $2200, such ancillary sources of production should have excellent chances of proceeding.
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