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%).

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Maritime Resources Corp

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Post by nozzpackon Apr 19, 2024 2:46pm

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Post# 35998596

NFG Tolling Mou Looking good

Mattalurgical tests are very positive and the Pine Cove mill is quite capable of delivering very high recoveries.

Also, the upgrade of the Pine Cove Mill by cannabalizing the Nuggets Pond mill to add upstream capacity is under serious consideration should NFG upsize their production expectations .

Certainly would be nice to have that agreement finalized in time for the Early May meetings with potential investors ..

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