Maritime Resources Corp. is pleased to announce it has commenced a diamond drill exploration program at its 100% owned Hammerdown Gold Project in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. The 5,000 metre drill program is aimed at a series of shallow gold targets along a three-kilometre stretch of the Hammerdown trend between the Orion and Golden [...]
Maritime Resources is pleased to announce that it has filed on SEDAR the independent feasibility study technical report dated October 6, 2022, with an effective date of August 15, 2022 , prepared by JDS Energy & Mining Inc., for its Hammerdown Gold Project, located in the Baie Verte mining district of Newfoundland and Labrador, Canada near the towns of King's Point and Springdale. The Technical Report has been filed in [...]
Maritime Resources Corp. is pleased to announce the closing of a non-brokered private placement of 74,000,000 common shares at a price of $0.05 per Common Share for aggregate gross proceeds of $3,700,000. The net proceeds of the Offering shall be used for: final permitting costs to be paid by the Company on or prior to December 31, 2022 with respect to the Hammerdown Project; remaining costs associated with the Company's [...]
Maritime Resources Corp. is pleased to announce feasibility study results for the 100% owned Hammerdown Gold Project in the Baie Verte mining district of Newfoundland and Labrador, Canada. The Feasibility Study supports a technically straightforward, brownfields open pit mine and gold processing operation benefiting from low capital investment and rapid payback. The attractive financial return profile enables the Company [...]
Maritime Resources Corp. is pleased to announce drill results from its recently completed 6-hole 1,367 metre drilling program at the Hammerdown Gold Project . The focused drill program tested a coincident gold and geophysical trend which extended from the Orion North Zone towards the northeast along a prominent magnetic low trend. Broad spaced drilling identified a 30.2m-wide zone of near surface gold mineralization [...]
Maritime Resources Corp. is pleased to provide an update on its 100% owned Hammerdown Gold Project located in the Baie Verte mining district of Newfoundland and Labrador near the towns of King's Point and Springdale. Maritime is advancing the project through a feasibility study, expected to be completed mid-year and final permitting towards a construction decision in 2022. Highlights are as follows: Project designs are [...]
Maritime Resources Corp. is pleased to report the completion of a mineral resources estimate¹ , on its 100%-owned, Lac Pelletier Gold Project located in Rouyn Noranda, Quebec, Canada. The 2022 MRE was completed in accordance with National Instrument 43-101 standards of disclosure. Maritime acquired Lac Pelletier in 2021 from Rambler Metals & Mining Plc, along with the Nugget Pond gold circuit in Newfoundland and Labrador [...]
2021 Exploration Results at Green Bay Project and Corporate Update This news release has been updated to include an additional table Maritime Resources Corp. is pleased to announce drill results and an update from its ongoing 3,000 metre exploration program at the Orion deposit and Green Bay regional exploration projects in the Baie Verte Mining District of Newfoundland and Labrador, Canada. Exploration activities are [...]
2021 Exploration Results at Green Bay Project and Corporate Update Maritime Resources Corp. is pleased to announce drill results and an update from its ongoing 3,000 metre exploration program at the Orion deposit and Green Bay regional exploration projects in the Baie Verte Mining District of Newfoundland and Labrador, Canada. Exploration activities are ongoing with one diamond drill rig focusing on new regional targets [...]
Maritime Resources Corp. is pleased to announce the commencement of the 2022 exploration program at the Hammerdown Gold Project , located in the Baie Verte Mining District of Newfoundland and Labrador, Canada near the towns of King's Point and Springdale. Highlights: 3,000 metre brownfields diamond drill program commencing mid-February Multiple near surface targets identified on trend with Hammerdown and Orion gold [...]
Maritime Resources Corp. is pleased to announce the closing of its previously announced asset sale transaction with Nomad Royalty Company Ltd. . Maritime sold a portion of its royalty portfolio in a number of Canadian exploration projects in Quebec, British Columbia and Ontario to Nomad for US$700,000, which was satisfied through the issuance of 96,818 Nomad common shares. As part of the asset sale process, a right of [...]
Maritime Resources Corp. is pleased to announce that it has entered into an option agreement to acquire an undivided 100% interest in certain mineral property interests located in the Baie Verte Mining District in the Province of Newfoundland and Labrador. The aggregate consideration for the Property is comprised of up to $50,000 and up to 250,000 common shares in the capital of the Company to be issued to the optionor [...]
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