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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 > Cape Ray Gold Discovery…Matador Gold
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Post by nozzpack on Feb 04, 2024 7:41am

Cape Ray Gold Discovery…Matador Gold

This is another high quality Junior gold which owns the 610,000 ounce Cape Ray gold discovery and has assembled a superb number of linked greenfield projects in South Central NL.....see their CP link below.

It has a strong management team with high net worth Investors ...and yet another Australian company invested  in NL.

Of particular note is slide 14 of their CP , in the link below.

You will note my repeated insistence on the significance of glacial till sampling especially as it relates to the world class gold + grades of rock samples ubiquitously strewn around the Whisker Valley discoveries .

Slide 14 gives some examples of the major gold deposits around the world which were identifued by glacial till sampling .

Equally as significant is the very low gold grades in the initial gold results , clearly ignored by the geologists who knew full well the  high probability of underlying bedrock gold lodes .

In the MAE CP note that in the 3 holes drilled todate in the WV discoveries , one missed, another hit halo gold but one hit excellent grades 150 m below the surface.....




https://www.investi.com.au/api/announcements/mzz/12e9e2dd-eed.pdf

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