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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 Oct 10, 2024 1:10pm
108 Views
Post# 36261231

Updated SCP Report

Updated SCP Report

We have coverage by SCP.

The last SCP covered the gains from the Point Rousse acquisition in August 2023 just after the deal was reached.

The fair value was then estimated to be $0.16 per FD share

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/230824-scp-mae-pointrousse.pdf )

Given the recent events, I would think that we should see another update soon bringing us fully up todate .

Don't know about Dundee's promotion plans but they always high light their recent nee arrival..


 

 

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