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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMD

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

Comment by Zibo510on May 06, 2025 2:14pm
64 Views
Post# 36563160

RE:lots of positives

RE:lots of positivesI don't know if the 45K tonnes were from the tailings, it sounds like they used low grade material to commissione the mill, @ 350 ozs that's only around  .33 g/t.

The tailings were supposed to be 1+ g/t, so 45K tonnes should have yielded around 1400 ozs 

I certainly hope that wasn't the tailings, that would be a big miss.

The NR didn't offer much information on what was processed and whether any gold was sold. 

These guys need a professional PR firm 


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