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Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment


Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment
Toronto, Ontario (Newsfile Corp. - May 10, 2021) -
Maritime Resources Corp. (TSXV: 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 pu ....

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Investegate |Rambler Metals & Min Announcements | Rambler Metals & Min: Rambler Q1 2021 Performance and Outlook


 
 
London, England - Newfoundland and Labrador, Canada -
Rambler Metals and Mining plc (AIM: RMM) ( Rambler or the Company ), a copper and gold producer, explorer, and developer, announces results for the fiscal quarter ended 31 March 2021 and operations update for 2021.
During Q1 2021, the Nugget Pond copper and gold milling facility processed 57,357 dmt at a feed grade of 1.64% copper and 0.55 grams per tonne of gold. Recovery of metal to concentrate was 96.6% and 66.0% for copper and gold respectively.
In the quarter, Rambler sold saleable copper and gold production of 876 tonnes and 562 ounces respectively from 3,323 tonnes of copper concentrate. Following the December 2020 equity financing, Q1 2021 heralded the start of the operation s recovery plan. Comparisons with Q1 of 2020 should be considered in that context as there was no meaningful continuity of production between these periods. ....

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