Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 nozzpackon Oct 15, 2024 7:04pm
63 Views
Post# 36267262

RE:RE:Interesting..Big Ridge Preparing HB for early PEA

RE:RE:Interesting..Big Ridge Preparing HB for early PEAThe spare Nuggett Pond mill will have its day.

If not the 60,000 ounce tailings stockpile on exempt lands, the perhaps the Tilt Cove assets that are now non core to banrupt Signal.

There are some old but rich stockpiles in Betts cove for example.

But, with so many Early but highly prospective projects such as Whistler Valley , the extra milling capacity of the Nuggett Pond mill will be in demand , along with the fact that it is twinned to Fireflys Nuggett Pond mill.

The expansion opportunities of the Maritime/ Firefky 4 mills through integrating the copper circuit and comminution circuit of Duck Pond..2200 tpd and the Comminution networks of the Benton mill...600 tpd..can only be speculated at this point but they do exist.

All of this and the rapidly expanding project profile of Maritme both real and probable , its evolving Joint Ventures with its existing partner, Shoreline Aggregates , its initial Joint Venture with Firefky and realistic expectations that more of the same will involve consolidation of milling capscity at Point Rousse, it becomes obvious what a patient but brilliant stategy  the Hub and Spoke Business model of 
Maritine is turning out to be .

Throw in Dundee and their nose for business consolidations that unlock hidden value, and we are blessed with a future that will should reward us with robust profits.

AIMHO

GLTA


<< Previous
Bullboard Posts
Next >>