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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. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. 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 also controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. The Point Rousse Project covers an area of approximately 54 km2. The Company also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its wholly owned subsidiary is 2823988 Ontario Corp.


TSXV:MAE - Post by User

Post by shiftyoneon Jul 26, 2023 10:52pm
167 Views
Post# 35558877

It's not looking great

It's not looking greatThe trading is terrible and at an all time low.

The financing they expected in July.... perhaps they are having trouble with that.

The permits they applied for almost 6 months ago.  The permits they said would take about 8 weeks.  No word on that since the end of February.

The trading should be different if things are getting aligned.

Hopefully they can raise at least a milllion to keep paying management for a little while longer.  
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