Maritime Resources is pleased to announce final drill results from a grade control drill program at the Hammerdown Gold Project. Highlights: 49.4 g/t gold over 2.6 m, including 153.9 gpt Au over 0.6 m in drill hole HDGC-25-235 94.5 gpt Au over 0.2 m in drill hole HDGC-25-265 25.8 gpt Au over 0.8 m, including 90.5 gpt Au over 0.2 m in drill hole HDGC-25-251 12.3 gpt Au over 1.0 m, including 38.3 gpt Au over 0.3 m in drill [...]
Maritime Resources is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights: 5.5 g/g gold over 29.8 m, including 73.0 gpt Au over 1.5 m in drill hole HDGC-25-177 16.9 gpt Au over 2.5 m in drill hole HDGC-25-181 7.7 gpt Au [...]
Maritime Resources is pleased to announce the closing of its previously announced brokered "best efforts" private placement offering of units of the Company for aggregate gross proceeds of $20,002,500. The Offering was led by Paradigm Capital, as lead agent and sole bookrunner, on a "best efforts" agency basis, together with SCP Resource Finance, pursuant to the terms of an agency agreement among the Company and the [...]
Maritime Resources is pleased to announce that, in connection with its previously announced contemplated issuance of common shares to holders of US$5,000,000 non-convertible senior secured notes issued on August 14, 2023 , the Company has issued 2,573,090 Interest Shares in full satisfaction of the interest payable thereunder as of March 31, 2025 in the aggregate amount of US$129,500 . In accordance with the terms of the [...]
Maritime Resources announces that it has elected to issue an aggregate of up to 3,593,750 common shares to holders of US$5,000,000 non-convertible senior secured notes issued on August 14, 2023 in full satisfaction of the interest payable thereunder as of March 31, 2025 . The final dollar amount of the Interest Payment will be calculated using the March 27, 2025 Secured Overnight Financing Rate pursuant to the note [...]
Maritime Resources Corp. is pleased to announce that in connection with its previously announced best efforts private placement offering , the Company and Paradigm Capital Inc. , as lead agent and sole bookrunner, for and on behalf of a syndicate of agents have agreed to increase the size of the Offering. The Company will now issue up to 266,700,000 units of the Company at a price of $0.075 per Unit for total gross [...]
Maritime Resources is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. as lead agent and sole bookrunner, for and on behalf of a syndicate of agents, in connection with a proposed best efforts private placement financing for total proceeds of up to approximately $15 million, consisting of up to 200,000,000 units of the Company at a price of $0.075 per Unit. Each Unit will be comprised [...]
Maritime Resources is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown, near the towns of King's Point and Springdale. Highlights: 19.9 grams per tonne gold over 17.0 m, including 32.2 gpt Au over 10.0 m in drill hole HDGC-25-124 2.5 gpt Au over 14.0 m in drill hole HDGC-25-120 31.6 gpt Au over 1.0 m in drill hole HDGC-25-145 27.9 gpt Au over 1.0 m [...]
Further to its press release dated Jan 7, 2025, Maritime Resources is pleased to announce that it has completed the sale of its interests in the Lac Pelletier gold project to Emperor Metals, an arm's length party to Maritime. The Project is located approximately 9 km east of Agnico Eagle Mines' Wasamac gold project near the city of Rouyn Noranda and approximately 33 km south of Emperor's Duparquet West gold project [...]
Maritime Resources is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights: 12.0 g/t gold over 28.0 m, including 73.7 gpt Au over 4.0m starting at surface in drill hole HDGC-25-122 46.6 gpt gold Au over 3.0m, including [...]
Maritime Resources is pleased to announce it has commenced mineral processing operations at the Company's Pine Cove Mill. Pine Cove is part of the larger Point Rousse Gold Project, near the towns of Ming's Bight and Baie Verte. Highlights: Processing of crushed feed from mineralized stockpiles has commenced at the Pine Cove Mill Process plant repairs and upgrades are largely complete Operations, maintenance and [...]
Maritime Resources Corp. is pleased to announce that it will be attending the Prospectors and Developers Association of Canada conference on March 2-5, 2025, in Toronto, Canada. Maritime's representatives, including members of senior management, technical staff, and investor relations, will be happy to meet with investors and other interested parties at its Booth 2816 at the Metro Toronto Convention Centre. Maritime is [...]
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