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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 May 16, 2024 6:22pm
148 Views
Post# 36044437

Firefly Bulking Up to Big Time

Firefly Bulking Up to Big TimeIts market cap is now $455 million ....from a Junior penny.

It called the Copper deficit correctly .

Its market cap is now 50% that of NFG.

This, by strategically buying a marginal copper mine and $250 million in infrastructure for Just $60 million .
Another forgotten penny acquired $200 million in replacement / productive infrastructure in the same mining district just as gold began its expected ascent to record highs , once again in its 5000 year old role as an alternative to fiat currency.

Nothing is ever sure, but having taken an initial position in Maritime, having negotiated critical  access to just one of our assets and now bulking up for other critical strategic assets, it's not unlikely that we will play an important role in Fireflys move to mid tier status.

GLTA
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