Maritime Resources Corp.Website
ISIN CA57035U1021 CEO.CA Maritime Resources holds 100% of the 51.7 square kilometre (12,775 acres) Green Bay property in Newfoundland which hosts the past producing Hammerdown gold mine and the Orion gold deposit + The Lochinvar Base-Precious Metals Deposit. (Location) (+) Exploration Upside: Option to earn 100% in the Whisker & El Strato gold projects An Independent NI 43-101 compliant Mineral Resource Estimate for the Green Bay Gold property near Springdale, Newfoundland was released in 2013. The study estimates the property to contain in excess of 400,000 ounces of gold in the Measured and Indicated category and in excess of 600,000 ounces in the Inferred category, both at a 3 g/t cut-off grade. Past production: The Hammerdown gold deposit was successfully mined by Richmont Mines between the years 2000 and 2004 while gold prices averaged $325/oz. During its operation a total of 291,400 tonnes of ore were mined and milled, at an average grade of 15.83 g/t Au, recovering a total of 143,000 ounces of gold. Company Presentation: |
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