Maritime Resources Corp. / MAE (TSX)

Viele vielversprechende Projekte mit PEA oder PFS sind mit der Goldkorrektur ins Stocken geraten.
Ich bleibe investiert und schaue, wie MAE sich entwickelt, wenn Au dreht. Ich habe einige solche Werte im Depot. Erst dann straffe ich das Depot.

ab ca Minute 25 spricht Quinton Hennigh über Maritime. Ist sehenswert.

https://www.maritimeresourcesc…environmental-assessment/

May 10, 2021

Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment
TORONTO, ON (May 10, 2021) - Maritime Resources Corp. (TSX.V: MAE) ("Maritime" or the "Company") is pleased to announce that the Newfoundland and Labrador Environmental Assessment Division has released the Hammerdown Gold Project ("Hammerdown" or the "Project") from Environmental Assessment. Hammerdown is located in the Baie Verte mining district near the towns of King's Point and Springdale.
The proposed Project consists of the construction, operation, decommissioning and remediation of an open pit and underground gold mine, an on-site crushing and sorting plant and associated infrastructure located on the footprint of a brownfield mine site. Final mineral processing to gold dore would occur offsite at the Nugget Pond gold circuit, approximately 140 km by highway from the Hammerdown project site. Maritime recently announced the purchase of the gold circuit from Rambler Metals and Mining Canada (see press release dated April 13, 2021).

https://www.maritimeresourcesc…-silver-over-1.20-metres/

Zitat

TORONTO, ON (June 22, 2021) - Maritime Resources Corp. (TSX.V: MAE) (“Maritime” or the “Company”) is pleased to announce drill results from its ongoing 40,000 metre (“m”) exploration program at the Hammerdown Gold Project (“Hammerdown” or the “Project”), and its Whisker Valley Property, in the Baie Verte Mining District of Newfoundland and Labrador, Canada. Exploration activities are underway with two drills exploring along the highly prospective Hammerdown Deformation Zone and will work outwards to new high priority targets throughout 2021 and into 2022.

Da hier zu viele Bohrergebnisse enthalten sind wurde nur der erste Abschnitt der News zitiert. Bitte die weiteren Details dem Link entnehmen.

https://www.maritimeresourcesc…n-hammerdown-bulk-sample/

Maritime Resources Reports Positive Sorting Results on Hammerdown Bulk Sample

Zitat

TORONTO, ON (June 23, 2021) - Maritime Resources Corp. (TSX.V: MAE) (“Maritime” or the “Company”) is pleased to announce positive results of the recent further test work aimed at confirming the use of sorting technology to reject waste rock dilution and improve the processed grade of mineral resources at the Hammerdown Gold Project (“Hammerdown” or “the Project”), in the Baie Verte mining district of Newfoundland and Labrador, Canada. The integration of sorting technology in the planned feasibility study for Hammerdown is expected to reduce the Company’s environmental footprint and operating cost.
...
Test Program Highlights
....

• Sorting performance for the +38.0-63.5mm material, grading approximately 11.2 gpt Au, returned a sorted product grading 22.9 gpt Au (104% increase) in only 47.1% of the mass with gold recovery of 96.6%.
• Sorting performance for the +12.7-38.0mm material, grading approximately 11.8 gpt Au, returned a sorted product grading 19.5 gpt Au (65% increase) in only 59.0% of the mass with gold recovery of 97.2%.
• Overall results on ~11.2 gpt Au feed material recombining the -12.7mm fine fraction, resulted in a final screened and sorted mill feed product grading 16.6 gpt Au in only 66% of the original mass with gold recovery of 97.7%.

...

Alles anzeigen

https://www.maritimeresourcesc…unces-stock-option-grant/

Zitat

TORONTO, ON (June 24, 2021) - Maritime Resources Corp. (TSX.V: MAE) (“Maritime” or the “Company”) announces that it has granted incentive stock options to certain officers, directors, employees and/or consultants of the Corporation to purchase up to 5,300,000 common shares in the capital of the Company until June 24, 2026, at an exercise price of $0.18 per share. The incentive stock options were granted in accordance with the Company’s Stock Option Plan.

Maritime Resources Intersects 20.1 gpt Gold over 3.0 metres at Orion, Including 159.5 gpt Gold over 0.31 metres

TORONTO, ON (October 19, 2021) - Maritime Resources Corp. (TSX.V: MAE) (“Maritime” or the “Company”) is pleased to announce drill results and an update from its ongoing 40,000 metre (“m”) exploration program. The results reported are from drilling at the Hammerdown Gold Project (“Hammerdown” or the “Project”) in the Baie Verte Mining District of Newfoundland and Labrador, Canada which includes the Hammerdown and Orion gold deposits. Exploration activities are ongoing with two diamond drill rigs now focusing on new regional targets near Hammerdown and west of the Green Bay fault at the Whisker Valley and Gull Ridge projects (“Figure 1”).
Highlights:

• 20.1 gpt Au over 3.0 m, including 159.5 gpt Au over 0.31 m (BB-21-179, Orion)

• 2.77 gpt Au over 4.31 m (BB-21-166, Orion)

• 1.06 gpt Au over 13.88 m (MP-21-191, Hammerdown)

• 5.93 gpt Au over 1.72 m (MP-21-197, Hammerdown)

• 2.94 gpt Au and 30.55 gpt Ag over 2.98 m (GA-21-36, Golden Anchor zone)

• Completed property scale airborne VTEM, ZTEM and ground based IP geophysical surveys

• Year to date drilling totals 20,000 m, 50% of the planned 40,000 m program

“The first phase of drilling this year has focused on untested areas at the Hammerdown Gold Project where we believe potential exists to expand mineral resources and improve project economics. Three areas are showing promise including a high-grade plunge at the Orion deposit, new shallow mineralization at the Orion North target with similarities to the felsic porphyry mineralization found at Orion and Hammerdown’s Wisteria zone and a new vein system at the Golden Anchor zone located 200 metres east of Hammerdown which is open in all directions,” commented Garett Macdonald, President and CEO. “Our regional exploration program is now revealing several exciting areas of new gold, silver and nickel-copper-PGM mineralization across our 360 square kilometre contiguous property with drilling underway with two drill rigs and a third to be added soon.”
Hammerdown Gold Project Drilling
Recent drilling at the Orion deposit has focused on resource definition and areas for potential expansion (“Figure 2”). Drill hole BB-21-179 successfully targeted a 60 metre wide gap in the Main zone returning an interval of 20.11 gpt Au over 3.0 m, including 159.52 gpt Au over 0.31 m between historical drill holes BB-96-37 (20.84 gpt Au over 1.25 m, including 103.38 gpt Au over 0.25 m to the east) and BB-96-48 (4.79 gpt Au over 1.05 m, including 18.91 gpt Au over 0.25 m to the west). This indicates a potential southwest plunge to the mineralized system that is open at depth and along strike (“Figure 3”).
Additional drilling at the Orion North zone located in the gap between the Hammerdown and Orion deposits continues to show mineralization in a previously untested area of the project. Drill hole BB-21-196 collared in and drilled 60 metres of altered porphyry dykes with disseminated sulphides similar in style and alteration to the Main zone at Orion indicating the presence of a faulted offset of the Main zone found 500 metres to the northeast. Other drilling at Orion North included drill hole BB-21-188 which returned 2.66 gpt Au over 1.2 m from 17.6 m to 18.8 m, including 15.1 gpt Au over 0.2 m bringing this new vein to within 15 meters of surface.
New drilling at the Golden Anchor zone, intersected 2.94 gpt Au and 30.55 gpt Ag over 2.98 m in GA-21-36. This was a follow-up to a significant intersection in drill hole GA-20-35 containing a quartz/sulphide vein with visible gold grading 6.9 gpt Au over 6.0 m, including 19.9 gpt Au over 2.0 m (see press release dated February 1, 2021). The Golden Anchor zone is located 200 m east of the Hammerdown deposit, is open in all directions and represents a key area for potential resource expansion.
Discussion of Regional Exploration Targets

• Birchy Island Pond (Au) Located 5 km east of Hammerdown, the Birchy Island Pond target is a new quartz vein system exposed at surface at the intersection of several faults. Ground based IP surveys have identified several chargeable anomalies suggesting the presence of disseminated sulphide mineralization. Follow up prospecting and mapping of these anomalies identified outcrops and float of mineralized quartz veining containing pyrite. Phase 1 exploratory drilling was completed including 5 drill holes totaling 1,116 m. Each of the drill holes intersected quartz and sulphide veining with minor base metals hosted in sheared and altered mafic volcanics (“Figure 4”). Assays are pending from the sampled drill core.

• Timber Pond (Au, Ag, Cu) Phase 1 exploratory drilling was completed including 5 drill holes totaling 647 m. Drilling encountered zones of massive and disseminated sulphide mineralization as well as a lens of gold mineralization in the hangingwall to the massive sulphides. The new drilling also identified a fault zone that may have off set the VMS and gold mineralization to the west. Assays are pending from the sampled drill core.

• Fluorite Zone (Au) A new mineralized zone containing widespread disseminated pyrite with extensive silica and potassic alteration has been identified at Whisker Valley adjacent to the high grade boulder field (see press release dated September 11, 2020). This zone is characterized as an extensive hydrothermal breccia system containing gold, zinc, fluorite, and rare earth elements that is geologically similar to other alkalic epithermal systems such as the world class Cripple Creek gold deposits in Colorado, USA. The surface extents of this system are not yet known however similar alteration and mineralization has been exposed in trenching and prospecting over several hundred metres. Four grab samples from the trenched area returned appreciable amounts of gold ranging from 0.45 gpt gold to 1.32 gpt gold (“Figure 5”). The new alkalic epithermal gold prospect is located stratigraphically above an exposed and highly altered monzonite intrusion that is believed to be the alkaline porphyry root of the epithermal prospect. Ground based IP surveys have been completed and diamond drilling is now underway.

• Skate Pond (Ni, Cu) Geophysical surveys completed in 2020 identified a large, strong airborne chargeability anomaly at Gull Ridge measuring 4.5 km x 1.5k m. Initial prospecting and trenching of the surface expression of this anomaly identified widespread disseminated and blebby sulphide mineralization hosted in a combination of gabbroic and granodioritic rocks of the Gull Ridge Pluton. Within the gabbroic unit the primary form of mineralization including pyrite, pyrrhotite, pentlandite and chalcopyrite along with a secondary form containing coarse crystalline magnetite with disseminated pyrite. Within the granodiorite rocks large blebs and disseminated pyrite are common. Over 2,500 soil samples covering 20 km² were taken identifying numerous Ni-Cu and Au anomalous trends. Trenching has exposed a 100 m wide zone of finely disseminated Ni-Cu sulfides hosted in a coarse gabbroic rock containing pseudo-pillow textures which appear to control the mineralization. Ground based IP and EM surveys have been completed over portions of the trend and to date two drill holes totaling 843m have been completed. Assays are pending from the sampled drill core.

Figure 1: Maritime Property with Project Locations
[Blockierte Grafik: https://maritimeresourcescorp.com/site/assets/files/5224/20211019_figure_1sm.jpg]
Figure 2: Hammerdown Deformation Zone with hole locations
[Blockierte Grafik: https://maritimeresourcescorp.com/site/assets/files/5224/20211019_figure_2sm.jpg]
Figure 3: Orion long section view showing BB-21-179 and neighbouring holes BB-96-37 and BB-96-48
[Blockierte Grafik: https://maritimeresourcescorp.com/site/assets/files/5224/20211019_figure_3sm.jpg]
Figure 4: Birchy Island Pond hole BIP-21-03 showing new quartz with sulphide vein
[Blockierte Grafik: https://maritimeresourcescorp.com/site/assets/files/5224/20211019_figure_4sm.jpg]
Figure 5: Plan map of Fluorite zone recent grab samples with gold mineralization
[Blockierte Grafik: https://maritimeresourcescorp.com/site/assets/files/5224/20211019_figure_5sm.jpg]

Maritime braucht halt 75 Mio Can$ um in Produktion zu gehen. Beim derzeitigen Kurs ohne Rekordverwässerung nicht machbar. Außerdem ist die jährliche Produktionsmenge von um die 60.000 Unzen nicht gerade viel. Solange Gold nicht neue ATHs macht, wird eine Finsnzierung nicht klappen, denke ich. Merger mit Signal Gold ist passé, Merger mit Gold Resource auch (die haben selbst massiv Probleme). Wer könnte da sonst noch einsteigen?

Durch die jüngeren Entwicklungen denke ich auch, dass die Capex unter 75 Mio sinkt. Aber beim derzeitigen Kurs wären selbst 30 Mio nicht finanzierbar. Ohne Eigenkapitalanteil wird die Finanzierung nicht machbar sein. Kein Kspitslgeber finanziert zu 100%.

Maritime ist eine der 3M-Companies (Maritime, Matador, Marathon), die am weitesten fortgeschritten sind auf Neufundland. Maritime möchte das Hammerdown Gold Project wieder zum Laufen bringen und haben 2022 eine FS vorgelegt. Die Initial Capex beträgt zwar nur 75 Mio CAD, das Projekt hat aber bescheidene Reserven und somit eine kurze Laufdauer (272 Toz Reserven, LOM 5 Jahre.).

Aber Hammerdown ist nicht alles! Maritime besitzt 2 Mühlen (die einzigen beiden Goldmühlen auf Neufundland!) und einen Tiefwasserhafen. Die Nugget Pond Gold Mill kauften sie 2021 von den inzwischen konkursiten Rambler Metals and Mining, das 54 km2 Point Rousse Projekt mit der Pine Cove Mill und dem Tiefwasserhafen kauften sie 2023 für 5 Mio USD von Signal Gold. New Found Gold haben diesen Kauf mitfinanziert, es könnte also längerfrisig eine interessante Kooperation geben.

Es geht noch weiter. Firefly Metals hat von den konkursiten Rambler Metals die Ming Kupfer Mine übernommen, die sie wieder zum Laufen bringen wollen. (Resourcen 811'000 Tonnen Kupfer zu

2.07% CoEq. Nun liegen die Projekte von Firefly und Maritime in unmittelbarer Umgebung. (s. Karte). Für Firefly sind die Mühlen und der Hafen von Maritime interessant. Bei der Nugget Pond Mill gibt es offenbar bereits eine Kooperation. Wie die genau aussieht habe ich bei Maritime nachgefragt. Ich könnte mir auch ein Merger zwischen den beiden vorstellen. Das würde absolut Sinn machen. Firefly Metals sind aber Australier! (Zu Firefly Metals werde ich einen eigenen Thread eröffnen.)

Maritime Gold ist am Puls des Geschehens. Hier läuft was. Ich möchte dabei sein - und bin es auch! Eine Austockung ziehe ich in Erwägung.Die MC beträgt nur 24 Mio CAD! Ein Einstieg bei Firefly könnte aber auch eine Option sein...

Gegrafische Verflechtung der Properties von Firefly Metals und Maritime Gold

Das Point Rousse Projekt von Maritime mit der Pine Cove Mill und dem Tiefwasserhafen

Da sieht auf den ersten Blick nicht schlecht aus, vor allem wegen der vorhandenen Infrastruktur, wie Hafen, Mühlen, Elektrizität.

Ich muss die näher anschauen ...

LF

Der weit im Kurs herunter gekommene Projektgenerator Commander Resources besitzt eine Royalty auf das Hammerdown Projekt. MC nur noch 2,2 Mio CAD. Ist natürlicb ein mittelmäßiger Cashburner.

200.000 geförderte Unzen bei Hammerdown x 1% Royalty bei 2700 CADGold wären 5,4 mio CAD Cashflow.

Gruß,

GL

Zitat von GermanLong

Der weit im Kurs herunter gekommene Projektgenerator Commander Resources besitzt eine Royalty auf das Hammerdown Projekt.

Die haben ja ein ziemlich grosses Portfolio... Wie bist du auf sie gekommen? Via Maritime Website?

Zitat von Katzenpirat

Nun liegen die Projekte von Firefly und Maritime in unmittelbarer Umgebung. (s. Karte). Für Firefly sind die Mühlen und der Hafen von Maritime interessant. Bei der Nugget Pond Mill gibt es offenbar bereits eine Kooperation. Wie die genau aussieht habe ich bei Maritime nachgefragt.

Garett Macdonald, der CEO, hat mir in kürzester Zeit zurückgeschrieben. Sein erstes Mail an diesem Montagmorgen?

Zu den Besitzverhältnissen der Nugget Pond Mill schreibt er:

"Maritime owns the gold circuit at Nugget Pond (ie. All the gold processing equipment) and FireFly owns the rest of the mill and the property, along with all the reclamation liabilities. Picture attached showing the gold plant on the left and the copper concentrator on the right (s. Bild unten)."

Zum Zustand der Mühle:

"The gold circuit is actually in very good shape and we studied the cost needed to return it to operational status as part of the 2022 feasibility study, which ended up being a few million in refurbishment expenses. This circuit gives Maritime some nice flexibility for processing."

Zur weiteren Zusammenarbeit mit FireFly bzw. einem allfälligen Merger, das er mir kaum verraten würde , meint er:

"Also, I think there are many synergies between the companies so we’ll see how it works out but we have a very good working relationship."

Zitat von Katzenpirat

Die haben ja ein ziemlich grosses Portfolio... Wie bist du auf sie gekommen? Via Maritime Website?

Weiß ich nicht mehr, aber das ist möglich. Irgendwo bei meinem Recherchen nach versteckten Royalty-Gesellschaften...

Gruß,

GL

Bei MAE.V drückt für mich der Schuh bei den nachgewiesenen Resourcen. Sicher sind interessante Bohrungen da. Aber an Resourcen ein paar zehntausend Unzen da, ein paar dort, manchmal nur gut 5000....

Also was, bitterscheen, soll man in die tollen großen Aufbereitungsanlagen hinein geben? Da wären die Resourcen in wenigen Wochen erschöpft - wie soll das gehen mit dem "klaren Pfad zu cashflow" ?

Ich bin da etwas verloren...auch wenn im Wochenchart am 9.10. 23 der schönste, astreine Hammer aufscheint und das Projekt gross und gut erschlossen ist...

Der Kernpunkt, der ein Projekt "gross" macht, sind für mich Resourcen, die gross sind. Was nicht ist, könnte ja noch werden. Bevor ich mich da engagiere, muss da noch etwas kommen!

LF