Maritime Resources Corp V.MAE

Summary of the World Class Deer Cove Talc

[nozzpack]

1....It is world class exactly as Noranda categorized it .

A resource as massive as 27 million tons means a mine life in excess of 100 years.
This is typical of world class talc deposits

2..Being magnesium associated as its metal sibling, it is the best of the best and having 92 % brightness also classifies it with best in class

3..high quality talc continiues to be used in more and more applications.
Economic forecasts remain very positive

4..Location wise, there is none better..just a few kms from a deep water Port by conveyer belt, and just  a few hundred meters to direct onloading onto a Panamx ore carrier

5..How it will be used depends on capital sources.

A full manufacturing plant at Point Rousse would capture current and future  products using talc but cost many millions

It could be direct exported as mineralized talc with minimal processing

It could be part of an emerging concrete production method of combining talc with aggregate .

With a large aggregate  producer already in operation at Point Rousse, this might be its major route to early cheap  production of an aggregate-40 % talc concrete product, including aggregate made from Maritimes waste mining ores.

What ever, but let there be no doubt that we have a world class talc deposit  at Deer Cove , in the midst of and possibly sharing transporation facilities and mining crews of what could be a major gold discovery at Deer Cove.

AIMHO
GLTA

[nozzpack]

My continued research indicates a growing market for white cement made out of a combo of aggregate and white talc . Point Rousse has plenty of both and 300,000 to 500,000 tons of combo product  per year, might be the outcome of the talc development . The website states " with gold credit " I have never heard of a talc deposit with gold credits. Perhaps this is a misprint.

[nozzpack]

It's very rare but gold mineralization can be found in talc- carbonate rocks such as are found in Deer Cove. If fact the talc deposit is very close to the gold deposit. Gravity separation ?