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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 > Large Volume of Stockpiles Sampled
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Post by nozzpack on Sep 08, 2024 1:32am

Large Volume of Stockpiles Sampled

An extensive sampling program on several mineralized stockpiles has been completed that identified a large volume of material that could be processed to commission the mill back to operating condition and generate cash flow. This is a big advantage for the Company during these challenging capital markets.


I know of Deer Cove and Pine cove stockpiles but am wondering what other stockpiles may have been located and sampled.

Maybe at Argyle Mine and Stoger mine ?

Nuggett Pond from Richmont mining ?

Comment by nozzpack on Sep 08, 2024 2:26am
, The  2021 Pine Cove Stockpile is estimated to contain 147,855 tonnes at 0.55 g/t gold containing 2,615 ounces based on depletion via milling of the stockpile since August 4, 2020. There is at least 400 ounces at the Deer Cove stockpile . There are two stockpiles at the Argyle mine but could find no resource estimates . So, at least 3000 ounces in stockpiles stored near the Pine ...more  
Comment by nozzpack on Sep 08, 2024 12:15pm
There is more than one stockpile at Deer Cove desires the stockpile from the bulk sample containing 4100 ounces at 3.1 grams per ton.....see extract below  I think we can boost the combined stockpiles identifued todate to be at least 5000 ounces which may be added to later and excludes the Tailings stockpile stored near the mill which might contain 10,000 ounces or more....   ...more