Maritime Resources Corp. is pleased to announce the closing of the transactions contemplated by the asset purchase agreement with two subsidiaries of Rambler Metals & Mining Plc, namely Rambler Metals and Mining Canada Limited and 1948565 Ontario Inc. previously announced on December 23, 2020 in respect of the purchase by the Company of the gold circuit at the Nugget Pond metallurgical facility in the Baie Verte mining [...]
Orion North Extended to the North-East Along Trend Towards Hammerdown Maritime Resources Corp. is pleased to provide assay results from the Hammerdown Gold Project , in the Baie Verte Mining District of Newfoundland and Labrador, Canada. These latest drill results include the remaining holes from 2020 at the Orion Main Zone and Orion North target area as well as the initial results from the 2021 drill program . The [...]
Maritime Resources Corp. is pleased to announce that it has completed its previously announced brokered private placement of 38,500,000 common shares on a "flow-through" basis at a price of $0.1794 per FT Share for gross proceeds of $6,906,900, including the full exercise of the Agents' over-allotment option. The Offering was completed by a syndicate of agents led by Canaccord Genuity Corp. and including Dundee Goodman [...]
Maritime Resources Corp. is pleased to announce that Tembo Capital has conditionally agreed to purchase 30,770,000 common shares of the Company , representing approximately 8.2% on an undiluted basis, at a price of $0.13 per Common Share for a total strategic investment of $4,000,100 via a non-brokered private placement . Concurrent with its announcement of the proposed Tembo Private Placement, the Company is also pleased [...]
Maritime Resources Corp. is pleased to provide assay results from the Hammerdown Gold Project , in the Baie Verte Mining District of Newfoundland and Labrador, Canada. These latest drill results were received from the 2020 drill program at the Hammerdown deposit and the nearby Lochinvar VMS target . Results from an additional 12 drill holes at Hammerdown are still pending. Highlights: New Discovery: 6.9 gpt Au and 12.9 [...]
Maritime Resources Corp. is pleased to provide assay results from six additional diamond drill holes at the Orion deposit , in the Baie Verte Mining District of Newfoundland and Labrador, Canada. The Orion deposit lies approximately 1.5 km southwest of the Company's Hammerdown project. Highlights: 2.2 gpt Au over 21.0 metres , including 3.2 gpt Au over 5.8 m in drill hole BB-20-131 8.0 gpt Au over 5.0 m, including 11.4 [...]
Maritime Resources Corp. is pleased to update shareholders by outlining plans for 2021 at its Whisker Valley and Hammerdown Gold Projects, located in the Baie Verte Mining District of Newfoundland and Labrador, Canada. The Company also advises that it has added 2,300 hectares of mineral claims located between the Hammerdown and Whisker Valley Projects along the Green Bay fault. "In 2020, we saw significant progress at the [...]
Maritime Resources Corp. is pleased to announce a new gold discovery at the Hammerdown Gold Project , located in the Baie Verte Mining District of Newfoundland and Labrador, Canada. This new discovery occurs along the favorable Hammerdown Deformation Zone between the current Hammerdown and Orion deposits and is open in all directions. The Company has also completed a new high resolution, helicopter borne geophysical VTEM [...]
Maritime Resources Corp. is pleased to announce it has signed a further letter of intent with Rambler Metals & Mining Canada Limited, a wholly-owned subsidiary of Rambler Metals & Mining Plc , to purchase the existing gold circuit at the Nugget Pond metallurgical facility and a number of Canadian exploration properties and royalties. The proposed transaction is expected to close during the first quarter of 2021. Key terms [...]
Maritime Resources Corp. is pleased to announce additional assay results from its ongoing exploration program at the Whisker Valley Project located near the towns of King's Point and Springdale, Newfoundland and Labrador. Whisker Valley is located approximately 6 kilometres northwest of the Company's Hammerdown Gold Project . Maritime is completing an initial 5,000 metre diamond drilling program to test the potential [...]
Maritime Resources Corp. is pleased to announce additional assay results from its ongoing exploration program at the Hammerdown Gold Project located near the towns of King's Point and Springdale, Newfoundland and Labrador. Two diamond drill rigs are currently active at the Project completing infill and step out exploration on key targets at all deposits including Hammerdown, Orion and the Lochinvar VMS zone. Highlights [...]
Maritime Resources Corp. is pleased to announce the voting results of its Annual General Meeting held on October 20, 2020. Maritime shareholders voted by in excess of 96.8% for the re-election of Messrs. John Hayes, Garett Macdonald, Mark Ashcroft and Peter Mercer as the directors of Company. The shareholders also approved the Stock Option Plan by a vote of 98.7% and unanimously approved of the appointment of Davidson [...]
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