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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

Comment by nozzpackon Sep 14, 2024 5:35am
50 Views
Post# 36223569

RE:Estimated 200,000 ounces of gold in Deer Cove Talc deposit

RE:Estimated 200,000 ounces of gold in Deer Cove Talc deposit

After exhaustive research, I have found only one other talc deposit that contains gold and that is in the Negev Desert of Egypt .
Zilch everywhere else .

The Deer Cove talc is world class because of its source and whiteness.

Among the thousands of use for refined talc is the emerging use of talc as a whiteness agent and world class hardener in making Portland cement.

Cement is basically crushed stone and gravel and a hardener...silica ..

With gold as a by product credit, Deer Cove talc replacing silica in cement products will out compete any other producer.

The cement industry is huge.

We already have the crushed stone , sand and gravel at Point Rousse, a deep water port and 55,000 ton Panamax ore carriers.

Mining talc is basically excavation and transport .

Its a potent business combo imo.

I think this is why, for the first time, that Maritime has mentioned the Deer Cove talc deposit containing
gold credits .

If my logic holds, we may have a substantial cash cow in Deer Cove talc.

AIMHO

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