VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 14, 2013) - Maritime Resources Corp. (TSX VENTURE:MAE) ("Maritime" or the "Company") - announces that it has engaged the services of international engineering and project management company, AMEC, in St. John's, Newfoundland and Labrador, to assist the Company in initiating the first phases of permitting of its Green Bay gold project. AMEC has recently completed [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 18, 2013) - Maritime Resources Corp. (TSX VENTURE:MAE) ("Maritime" or the "Company") - confirms that a total of 588,230 warrants priced at $0.25 have been exercised by Rambler Metals and Mining PLC (TSX VENTURE:RAB) (AIM:RMM) ("Rambler"). The proceeds of the exercise will help fund Maritime's 2013 summer work program which has been developed to further advance the Green Bay [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 11, 2013) - Maritime Resources Corp. (TSX VENTURE:MAE) ("Maritime" or the "Company") - announces that, further to the news release dated May 28, 2013, it has now filed the Technical Report, dated July 3, 2013, entitled "Technical Report and Resource Estimate on the Green Bay Property, Newfoundland, Canada". The Report was authored by Tetra Tech of Sudbury, Ontario in [...]
Maritime announces that it has acquired additional mineral tenures adjacent to their Green Bay Gold Property in Newfoundland. The acquisition was prompted by the recently announced NI 43-101 Resource Estimate which estimated in excess of 400,000 ounces of gold in the Measured and Indicated category and in excess of 600,000 ounces in the Inferred category, both at a 3 g/t Au cut-off grade.
Maritime Resources is pleased to announce that the Company has received the initial independent NI 43-101 Mineral Resource Estimate for its 100% owned Green Bay Gold property near Springdale, Newfoundland. The mineral resource for the property is estimated to contain in excess of 400,000 ounces of gold in the Measured and Indicated category, using a 3 g/t cut-off grade, and in excess of 600,000 ounces in the Inferred [...]
Maritime Resources reports that final results have been received for the 2012 Rumbullion trenching program at the Hammerdown deposit near Springdale, Newfoundland. These assay results have returned numerous high grade gold values along the Rumbullion Main (RM) vein, including values of up to 94.4 g/t gold over 0.3 metres width. The new values extend the strike length of the vein, confirming and building upon the [...]
Maritime Resources reports that assay results have been received from the 16-hole, 2,600 metre drill program at the Hammerdown deposit near Springdale, NL. First results from the on-going trench sampling have also been received. The 2012 field work is part of an extended program to establish mineable gold resources on the Company's Green Bay Project at the Hammerdown mine which closed eight years ago when gold was [...]
Maritime announces it intends to raise approximately $970,000 to finance exploration on the Company's Green Bay Property in Newfoundland. The financing will consist of a non-brokered private placement of flow-through shares and non flow-through units. The flow-through financing will comprise up to 2,500,000 shares at $0.25 per FT Share. The non flow-through financing will comprise up to 1,500,000 Units at $0.23 per Unit [...]
Maritime reports that Rambler Metals & Mining of Baie Verte, Newfoundland has entered into an agreement to acquire 4,500,000 shares of Maritime, representing 17% of the company, from Commander Resources. The private transaction, priced at $0.23 per share, is scheduled to close February 15, 2012. In recognition of this strategic transaction, Maritime has invited Rambler to appoint a new director to Maritime's Board as [...]
Maritime reports that it has exercised its option to acquire 100% of the Newfoundland based Green Bay Gold Property from Commander Resources. Maritime previously held 50% of the property which was acquired in 2010 through the issuance of 12 million shares to Commander and a work commitment of $750,000 pursuant to an option agreement between the parties dated June 14, 2010. Further to the terms of the option agreement [...]