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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 Sep 25, 2024 2:11pm
81 Views
Post# 36240671

Little Deer Copper Deposit

Little Deer Copper DepositIt's adjacent to Orion and HD and is owned by Firefly.
Some production took place in the early 70s but a lot of research and exploration has taken place since then.

A recent review by the Govt of NL.....see link below..summarizes its current copper resiurces as 175,000 tons of copper grading about 2.15% .

Those grades are above those of the Ming mine which was recently sold to Firefky.

It does have very good value.

I note that Maritime mentions this in their Sept CP ...

FWIW

https://www.gov.nl.ca/iet/files/Little-Deer.pdf
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