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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

Post by nozzpackon May 22, 2025 2:27pm
102 Views
Post# 36583143

First Gold Pour was 387 ounces

First Gold Pour was 387 ouncesThree gold dore were produced from the first pour.

These are very small dore although gold dore sizes can vary greatly .

Hoeever during the early stages of mill commissining when it's often a stop and re start during various test stages during the feed residence time from crushing, comminution , floatation and leaching.

Its difficult to say , in the absence of specific documentation, if the commissiong process has accelerated since the residence time of the first feed processing cycle .

However, the recent update was affirmative on this issue.

Grades we're very well sampled overall .

How these were  different batches with variable grades .

Perhaps the lowest grade was processed first, as that would perhaps explain low recoveries for the first cycle .....and not unexpected, as commissioning problems are greatest early in the restart so why use the higher grade batches..

FWIW






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