Maritime Resources: Hammerdown Gold Projects Clear Path to Cash Flow
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Wed, May 27, 2020 at 1:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting served as an online presentation to provide updates on the company's progress, particularly focusing on the Hammerdown Gold Mine and upcoming exploration programs. Key topics included corporate strategy, project developments, and financial status. Key Discussion Points - Overview of the Hammerdown Gold Mine and its historical context. - Presentation of a new development plan and Preliminary Economic Assessment (PEA) results. - Discussion of an agreement with Rambler Metals and Mining regarding the Nugget Pond Gold Circuit. - Insights into project permitting and the supportive mining environment in Newfoundland and Labrador. - Exploration potential and new discoveries at the Whisker Valley project. - Financial status, including recent financing and working capital. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Evaluate the agreement with Rambler Metals and Mining over the next 12 months. - [Unassigned] : Conti...
Chief Executive Officer and Director at Maritime Resources
Garett is a professional mining engineer with extensive experience in project development and mine operations with over 23 years of industry experience. In addition to his role as CEO and Director of Maritime Resources, Garett is currently a director of First Cobalt, Aurelius Minerals and Gungnir Resources.
Garett formerly served as Vice President of Project Development for JDS Energy and Mining, and Dalradian Resources. At the latter, he was responsible for leading the Feasibility Study for the Curraghinalt Gold Project, a high grade, narrow vein gold project in Northern Ireland acquired by Orion Mine Finance for $537M.
From 2009 to 2013 he served as Vice President of Operations for Rainy River Resources prior to the $310M sale of Rainy River to New Gold Inc. Earlier in his career, he also held roles in mine operations and project engineering earlier in his career with senior Canadian mining firms Suncor Energy, and Placer Dome Inc. Garett holds a Master of Business Administration degree from Western Universitys Ivey Business School and a Bachelor of Engineering (Mining) from Laurentian University in Sudbury.
Technical Advisor - Exploration at Maritime Resources
Jeremy is a geologist with 20 years of experience in the resource industry both at corporate and operational levels. He is currently the Vice President, Exploration at Aurelius Minerals.
Jeremy was previously the Vice President, Exploration for GoldQuest Corporation. During his tenure there, Jeremy led the advancement of the Romero gold project from an initial inferred resource through to a Pre-Feasibility Study. Before his time at GoldQuest, he was Vice President, Geology for Noront Resources and Manager of Technical Services for Kinross Gold Corporation. Jeremy started his career with Inco Technical Services Ltd. in 1996, working on the Victor Deep project in the Sudbury basin.
Jeremy is a member of the Association of Professional Geoscientists of Ontario and holds a BSc Honours degree in Earth Sciences from Laurentian University.
Bianca Pisciola is a co-founder and CRO of 6ix, a capital markets technology platform. Through 6ix, she has deployed data-driven investor relations technology for more than 100 public mining companies, including Endeavour Mining and McEwen Mining.
Bianca is on the founding team of Save Canadian Mining, an advocacy group dedicated to reinstating the tick test within Canadian capital markets. Other members of the founding team include Eric Sprott, Rob McEwen, Keith Neumeyer, Sean Roosen, and other leaders of the industry.
She also sits on the board of One Silver Lining, a Canadian non-profit organization she founded, supporting youth through conferences, benefit concerts, TEDx talks, and scholarships.
Replay transcript excerpt
Speaker 1: Now, without further ado, take it away, Garrett. Speaker 2: Okay. Thank you, Bianca. Speaker 2: Welcome, everybody, to our 1st ever online presentation. Speaker 2: So Speaker 2: I'm happy everybody could sign in. Jeremy and I will get you through a good update of our progress Speaker 2: with Maritime. Speaker 2: It's been a busy year over the last 12 months. We've got some exciting things happening in the company and we're happy today to present to you. Speaker 2: I'll get started and I'll talk through Speaker 2: a bit of the corporate update here and a corporate strategy that we have. Speaker 2: A few things we have underway right now and our plans for the next 12 months. I'll turn it over to Jeremy who will talk about our exploration Speaker 2: program which is due to kick off here very soon Speaker 2: and then we'll take some Q&A. Speaker 2: So here we can see Speaker 2: in this 1st slide this tells a lot actually just in 1 image. This is a view of the Hammerdown mine site, Speaker 2: looking north towards the town of Keynes Point in the background, about 5 kilometers away. And you can see Speaker 2: the footprint here of the old mine. So this was an operation Speaker 2: that was, Speaker 2: you know, operated in 2000 to 2004. Speaker 2: You can see the road access, a few of the old settling ponds, Speaker 2: and the underground portal is just on the north side of that ring road. So This was a mine site that's been completely rehabilitated. Speaker 2: So this is the footprint that we're working with. It's a great place to work and easy to get to. Speaker 2: Hold on. Speaker 2: So Speaker 2: Some of the key takeaways that we hope you leave with today after hearing the presentation. Speaker 2: Our main asset, Speaker 2: our bread and butter really in Newf...
