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 > Report…Signal Gold May Not Get Goldboro Approval

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Comment by shiftyoneon Sep 09, 2024 4:21pm

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Post# 36215429

RE:RE:Report…Signal Gold May Not Get Goldboro Approval

This is a cbc article colt that is newer than the news release.

By the way, it does mention first nations with respect to Goldboro. SGNL has stated in the past that the relationship was good and that could be the case. But the delay in the Federal Permits, should they be approved, is maybe a year or so. But negotiations with First Nation could and often do drag on for years. An agreement with them is as important as any federal permits or approvals.

This is an interesting read. About mining in N.S. Did you read it?

https://www.cbc.ca/news/canada/nova-scotia/gold-mining-nova-scotia-future-1.7309772

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