The Hub and Spoke Mining Business ModelMaritime has been quietly acquiring much of the best projects of the rich Bay Verte Peninsula for over a decade.
That included two gold mills, long term Tailings facilitues and a Deep Water Port serviced by 55,000 ton Panamax ore carriers..
Recently, its emerging JV partner....Firefly Metals..has been buying up most of the rest of the premiere mining claims on the Baie Verte Peninsula .
Together, they will have the heft and milling resources to acquire stranded gold and copper deposits
across all of NL.
Most don't realize that NFG still owns a concession close to Maritime's Point Rousse assets.
It seems almost inevitable that a land locked miner will want access to a Deep Water Port, if large volumes of concentrate including international import/ export opportunitues.
At some point, it makes sound economic sense that NFG be part of that Firefly/ Maritime Hub and Spoke Business that is being designed to dominate NL mining industry for many years to come..