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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 Aug 08, 2024 5:05am
135 Views
Post# 36168944

Pine Cove Mill Upgrade

Pine Cove Mill Upgrade

The recent mettalurgucal results were on the HD mine ore, conducted under various extracting scenarios by an independent expert .

The Pine Cove mill was not involved.

What  they found was that lowering  the concentrate regrind size from a P80 of approximately 32 microm down to approximately 15 microm significantly increased gold leach extraction from 92.0 per cent to 98.1 per cent. 

Subsequently Maritime began engineering work to upgrade Pine Cove mill to achieve 98% recovery compatible with HD ore Queensway ore, other deposits owned by Maritime, ore stockpiles and tailings ponds .

So that clears that up..
 

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