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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 Zibo510on Sep 29, 2024 1:34pm
68 Views
Post# 36246061

RE:How Many Years of Gold Production Will Orion Add

RE:How Many Years of Gold Production Will Orion AddI am a firm believer in the Lassonde Curve, with HD potentially going into commercial production by next summer there should be a steady improvement in SP as we approach this milestone. 

If you look at the chart for GMIN the SP increased roughly 150% in the 13 months prior to commercial production, given the current MC of MAE and the near term upcoming developments I expect the increase in SP will be substantially greater. GLTA 
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