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%).

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Maritime Resources Corp > Very Rich Stockpiles at Betts Cove mine

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Comment by shiftyoneon Sep 08, 2024 3:58pm

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Post# 36213941

RE:RE:RE:RE:RE:Very Rich Stockpiles at Betts Cove mine

"Thanks we will see. MAE - R/S COMING UP."

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Management has stated for at least a year that someday they will have to do a share consolidation. When the time is right.

There is no reverse split announced at this time. There may be one announced in weeks. Or maybe not until sometime in the distant future.

So far, all they did was give themselves the option of doing a reverse split. They will do it if, and when they feel it is appropriate and help the stock.

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