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%).

TSXV:MAE - Post by User

Maritime Resources Corp > We common shareholders are at he mercy of Dundee now.

<< Previous

Bullboard Posts

Next >>

Comment by JollyRoger7on Nov 10, 2024 9:01pm

54 Views

Post# 36306010

RE:We common shareholders are at he mercy of Dundee now.

Good to see Dundee now motivating progress but I think that they have some ducks to get into the row yet. On that basis my guess would be H2 2025.

Remember that although Dundee undoubtedly hold the majority of their shares bought at very good prices, they also hold shares bought at $0.11 from 2018.

JR7

<< Previous

Bullboard Posts

Next >>

Dynamic Funds Launches new ETF series on the TSX