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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

Comment by nozzpackon Nov 13, 2024 11:04pm
29 Views
Post# 36311912

RE:RE:Maritime Does not need to raise money

RE:RE:Maritime Does not need to raise money Stockpiles are already onsite at the mill , ready for the restart of the mill.

The wash plant fines are passive collectors while Aggregates reclamation efforts will add more ounces.

These latter two activities are slated to begin before exit 2024, if memory serves correct.

One good NR and we should blow through the warrant exercise prices, most of which are held by institutions ..
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