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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. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. 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 also controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. The Point Rousse Project covers an area of approximately 54 km2. The Company also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its wholly owned subsidiary is 2823988 Ontario Corp.


TSXV:MAE - Post by User

Comment by nozzpackon Sep 04, 2024 6:35pm
62 Views
Post# 36208931

RE:Falcon Gravity Separator

RE:Falcon Gravity Separator Just to amplify , the fully upgraded Pine Cove mill will be capable to deliver high gold recoveries for any type of mettalurgical gold requirements whether it's Deer Cove ore , tailings ore, Stoger , HD, Big Ridge, NFG or any other required tolling arrangement .

The Nuggett Pond mill, with a new comminution circuit  installed could run in parrellel with Fireflys copper circuit , providing ultimate flexability to mill gold or copper gold concentrate for Firefky.

I don't know what or how these two Nuggett Pond mills will fit into any putative consolidation of processing facilities at Point Rousse including possible integration of the large Duck Pond mill by cannabilizing equipment from Nuggett Pond.

It might just be the ability to switch emphasis to higher copper concentrate production when copper prices are high and equally so for enhanced gold production and tolling.

This is pure speculation on my part , even though with economic imperatives ..
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