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 > Stockpile Production

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Comment by JollyRoger7on Jul 20, 2024 9:45am

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Post# 36141088

RE:Stockpile Production

Thanks, Nozzpack for re-highlighting the significance of the stock pile gold reserves although, from previous MAE communications, I think that the tailings fines will provide well more than zero..

Paragraph 4 is, for me, the most critical premise. Management need to be seen to be executing on this aspect of their considerable assets.

Done prior to financing reduces dilution, methinks.

JR7

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