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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%).


TSXV:MAE - Post by User

Maritime Resources Corp
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Post by nozzpackon Jul 16, 2024 1:46pm
105 Views
Post# 36135137

Keats Trench Channel Sampling

Keats Trench Channel SamplingFor those who don't follow NFG, Keats trench has been stripped of overburden and is now being channel sampled.

I have estimated that this high grade trench contains about 450,000 ounces of gold to depths of 140 meters.
Channel sampling shows how frequent visible gold is surficially across this impressive discovery.

You can view the Video at this link.....https://newfoundgold.ca/media-gallery/?tab=videos

Once channeled , they will have an excellent Geo statistical model of what can be mined from this high grade trench.

Trial mining or large bulk samples are the fastest way to estimate both resource and grade.
Direct shipping of the ore to the Pine Cove mill is of course the only source of millling .

Another high grade trench..Iceberg,,is currently being stripped and two more in 2025.

Lots of high grade NFG ore whose only milling option is the Pine Cove mill..

FWIW
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