Post by nozzpackon May 06, 2025 10:47am
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Post# 36562849
Production of over 100,000 ounces planned and doable
Production of over 100,000 ounces planned and doable
Extracts Below
With two operational mills generating 2000 tpd processing capacity which could double with ore sorting , and a dozen or more advanced projects including resu,ption of mining on at least three of these beside HD, over 100,000 ounces is a very reasonable objective.
Big Ridge is currently in the middle of its ore sorting experiment while others like Sokoman will have to come to MAE with cap in hand in order to ave their gold processed.
Big Ridge offers annual production of upwards of 150,000 ounces per year for a decade or more and can be acquired cheaply.
So many oppotunities to reach and exceed 100,000 ounces even with the resources already defined .
Then there is NFG and FFM both of which would benefit greatly from merging with or acquiring MAE.
Our processing facilities alone are worth $150 million so we wont come cheap
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Maritime's two gold processing assets, Pine Cove and Nugget Pond, provide the foundation for a dual hub and spoke business model in the district.
The replacement value of the infrastructure is estimated to be over $150 million and would require several years of engineering and permitting.
Maritime's long term vision is to utilize both gold plants targeting annual gold production of over 100,000 ounces from its pipeline of projects and potential feed from third parties.”