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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 Jun 19, 2025 9:47am
124 Views
Post# 36614963

Grade of HD ore Now being milled

Grade of HD ore Now being milledThe June  CP shows them crushing the Richmont ore pad / pit push back back walls.

I assume that the grade would be the same as MAE estimated for Richmont waste ore which is 3.3 grams per ton.

This is triple the stockpile grade of 1.1 gms per ton which would mean triple production outcomes if the mix is 50/ 50.

Its obvious that Maritine is squeezing / moneytizing every last cent from whatever ounce of gold that they can find .

This is very positive for our balance sheet..
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