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 > About the quick price drop

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Comment by shiftyoneon Oct 03, 2024 5:01pm

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Post# 36252347

RE:RE:RE:RE:RE:RE:RE:About the quick price drop

Nozz,

Where did you get they have put aside $3 million for drilling at Stoger Tight? A couple of weeks ago I thought you said $500 000. You might have got the $500 000 from a number that I had thrown out a week ago.

They are planning to drill 3000 meters according to the news release. The cost of 3000 meters would be closer to $500 000. Perhaps a bit more, but not $3 million.

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