Maritime Resources announces that it has closed its private placement previously announced on December 15, 2017 and March 1, 2018. The Company has raised an additional $530,000 through the issuance of 5,300,000 units at a price of $0.10 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one common share of the Company at [...]
Maritime Resources confirms that it is aware of the announcement by Anaconda Mining that it intends, subject to a number of conditions, to make an unsolicited takeover bid for the outstanding common shares of Maritime. Maritime cautions that no formal offer has been presented to Maritime or its shareholders and there can be no certainty that an offer will be made or that a transaction will take place. Maritime's board of [...]
Maritime Resources announces that its Board of Directors has approved the adoption of a Shareholder Rights Plan Agreement. The Rights Plan is being adopted to ensure that, in the event of a take-over bid, all shareholders of the Company will be treated fairly and will not be subject to abusive or coercive takeover strategies. The Rights Plan is similar to plans recently adopted by other Canadian companies and approved by [...]
Maritime Resources is pleased to announce it is proceeding with work programs to advance the Whisker gold project located approximately 10 kilometres from our signature Hammerdown gold project located on the Green Bay Property in Newfoundland and Labrador. The work will commence immediately and will comprise of initial Geophysical program followed by approximately a 1000 metres drill program. Geophysical Program A [...]
Maritime Resources is pleased to announce the last of the high grade gold results from the channel sampling program from the 2017 trenching at the Whisker Valley Project, located approximately 10 kilometres north of the Company's Hammerdown Gold Mine. The remaining results from Jackson and Ben Veins are from the central part of the gold vein system that extends for over 250 metres east-west, consisting of the Ben, Jackson [...]
Maritime Resources is pleased to announce further results from the trenching and high grade channel sampling program at the Whisker Valley Project, located approximately 10 kilometres north of the Company's Hammerdown gold mine. The Jackson Vein is located between the Ben and Gary Veins within the trenched area that has now exposed the vein system for over 250 metres. High grade gold assays were returned from both the [...]
Maritime Resources announces a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units at a price of $0.10 per Unit and flow-through units at a price of $0.12 per FT Unit . Each Unit consists of one common share and one-half of one common share purchase warrant . Each whole Warrant will entitle the holder to acquire one common share of the Company at a price of $0.20 per common [...]
Maritime Resources is pleased to announce that it has concluded an option agreement to earn a 100% interest in the Strugglers Pond property located in the Whisker Valley land package. The property covers a number of high grade gold occurrences located adjacent to the Whisker Hill claims that Maritime has completed an extensive trenching program on this fall. Strugglers Pond Property Gold and silver mineralization in [...]
Maritime Resources Corp. is pleased to announce further results from the trenching and high grade channel sampling program at the Whisker Valley Project, located approximately 10 kilometres from the Company's Hammerdown gold mine. The Gary Vein is located at the most easterly end of the exposed trench, approximately 200 metres along strike from the previously announced Ben Vein results . The trench has now exposed the [...]
Maritime Resources Corp. is pleased to announce the appointment of Mr. Larry Pilgrim, P. Geo as the Company's Project Manager overseeing the exploration and development to bring the Hammerdown Gold Mine Project back to production. Larry will oversee the ongoing exploration of Maritime's Green Bay Properties and the newly acquired Whisker Valley Project. Both projects are with in 10 kilometres from each other and located [...]
Maritime Resources is pleased to announce the first set of channel samples results taken from the trenching program at the Whisker Valley Project, which is located approximately 10 kilometres from the Company's Hammerdown gold deposit. The vein system has now been exposed for over 250 metres and is open along strike and in both directions. The new discovery, called the "Ben Veins", are on the most westerly exposed portion [...]
Maritime Resources Corp. is pleased to announce it has completed the re-opening of the underground portal and now have access to the historic Hammerdown gold mine, near King's Point, NL Canada. During the last couple of months crews have been working to remove any surface material from in front of the portal and the unconsolidated waste rock that was used to plug the portal during the shut down and reclamation of the mine [...]
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