Maritime Resources Corp V.MAE

Alternate Symbol(s): MRTMD

Metals & Mining Gold

Maritime Resources Corp. is a Canada-based gold exploration and development company, which is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. The Company holds a 100% interest directly and is 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. The Company controls over 439 square kilometers (km2) of exploration land, including the Green Bay, Whisker Valley, Gull Ridge, and Point Rousse projects. The mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit.

TSXV:MAE - Post by User

Maritime Resources Corp

<< Previous

Bullboard Posts

Next >>

(927)
•••

Post by shiftyoneon May 06, 2025 1:47pm

100 Views

Post# 36563121

lots of positives

And much to look forward to over the next several months and years.

I have one question regarding the processing of the stockpiles. This from the release.

"Since the end of February, over 45,000 tonnes of low-grade stockpile feed has been processed, refilling the completely cleaned and emptied process circuit and recovering over 350 ounces of contained gold in dor from the first pour in the refinery"

That is close to half of the stockpiles processed in Jan it said I think they had 85000-115000 tonnes. We were hoping for 3-4000 ounces from the stockpiles.

Can we expect more gold from that first 45000 tonnes with one or more new pours? Or is the grade just much much lower than anticipated?

<< Previous

Bullboard Posts

Next >>

Progressing Canada’s Great Atlantic Salt Project towards production