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 > Interesting..MAE allocates Space for Shoreline Expansion

<< Previous

Bullboard Posts

Next >>

Comment by Zibo510on Jan 13, 2025 5:48pm

54 Views

Post# 36402210

RE:RE:RE:Interesting..MAE allocates Space for Shoreline Expansion

The NR from December 11 said crushing of stockpiles was underway and re-commishining of the mill was on track for a January start up, since we haven't heard otherwise I assume this is still the plan.

Contract crushing commenced by Guy J. Bailey Limited to stockpile product for the Pine Cove mill gold circuit prior to the winter freeze up. Crushed material will be used to re-commission the Pine Cove mill.
Mineralized stockpiles of 85,000-115,000 tonnes grading 1.1 grams per tonne gold for 3,000 to 4,000 ounces gold are expected to be processed during the re-commissioning.
Pine Cove mill repairs and upgrades on track for a January 2025 mill re-commissioning start up.