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Bullboard - Stock Discussion Forum Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

Maritime Resources Corp. is a Canada-based gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. The Company holds a 100% interest directly and 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... see more

TSXV:MAE - Post Discussion

Maritime Resources Corp > Operational Updates
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Post by nozzpack on Jan 17, 2024 10:20am

Operational Updates

1..Hammerdown's development and closure plans are expected to be finalized this quarter. 
 


2..exploration plans in the next few weeks which will  focusing on near mine/mill resources that can add value in the short term as well as the high grade discovery at Deer Cove
 
3. At these prices it could be very profitable which is why they are  looking at it right now actually.  Its needs a small amount of definition drilling and permitting on part of the deposit.   
 
4. For Nugget Pond this year they are considering using some of the equipment at Pine Cove to increase gold recoveries as the gold circuit is in good shape .
Nugget Pond also has a copper concentrator circuit which can operate concurrently with Firefly's Nugget Pond copper mill
 
6. Initial company marketing Is starting to get  good  feedback .
They will have some marketing  news out over the next couple of weeks . Marketing is planned for the US, Europe and Toronto/Montreal

This will  also include running site visits for analysts and fund managers this spring.  


 

 





The circuit is in good shape and we are studying that idea.  

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