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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. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. 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 also controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. The Point Rousse Project covers an area of approximately 54 km2. The Company also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its wholly owned subsidiary is 2823988 Ontario Corp.


TSXV:MAE - Post by User

Comment by nozzpackon Sep 29, 2024 2:22pm
47 Views
Post# 36246094

RE:RE:How Many Years of Gold Production Will Orion Add

RE:RE:How Many Years of Gold Production Will Orion AddThank you.
Gmin has been a superb investment using the Buy, Build and Grow model much like Maritime.

Interim gold production from various stockpiles should begin as soon as the optimization upgrade of 
Pine Cove mill is completed within the next month or so.

That begins the move from unknown penny explorer to increasingly known junior producer.

The updated FS, as I have demonstrated , will be a far different and have much larger production outcomes  than the rather modest 2022 FS constrained by the limitations of the Nuggett Pond mill
and to just the a 5 year  HD mine.

Dundee does promote too which will help ...


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