Maritime Resources Corp.

Recent News

  • Maritime Resources Intersects 2.90 Grams per Tonne Gold over 31.0 Metres at Hammerdown in New Wisteria Zone

    Toronto, Ontario--(Newsfile Corp. - September 24, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce additional assay results from its ongoing exploration program at the Hammerdown Gold Project ("Hammerdown" or the "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...

    2020-09-24 6:50 AM ET
  • Maritime Resources Exercises Early Buy-Down of Hammerdown Royalty

    Toronto, Ontario--(Newsfile Corp. - September 17, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has agreed to an early exercise of the buy-down right of half of the Hammerdown deposit ("Hammerdown" or the "Project") royalty held by Commander Resources Ltd. ("Commander") for a reduced sum of $750,000. The original agreement had allowed Maritime to exercise this buy-down provision until commencement of commercial production for $1,000,000. Hammerdown is located near the towns of...

    2020-09-17 6:50 AM ET
  • Maritime Resources Samples 19.1 gpt Gold, 69.6 gpt Silver and 3.0% Copper in New Outcrop at Whisker Valley - Expands Exploration Program

    Toronto, Ontario--(Newsfile Corp. - September 11, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has sampled additional high grade gold, silver and copper mineralization in bedrock and float samples within new quartz/sulphide veining at the Whisker Valley Project ("Whisker") in the Baie Verte Mining District of Newfoundland and Labrador. The Whisker Valley property is located approximately six kilometres northwest of the Company's high grade Hammerdown Gold Project (Figure 1). Maritime's...

    2020-09-11 6:50 AM ET
  • Maritime Resources Announces Appointment of Perry Blanchard as Vice President, Environment and Sustainability and Grant of Stock Options

    Toronto, Ontario--(Newsfile Corp. - September 10, 2020) -  Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the appointment of Perry Blanchard as Vice President, Environment and Sustainability. Mr. Blanchard brings more than 24 years of mining industry experience. Most recently, Mr. Blanchard was Manager, Environment and Sustainability at Kirkland Lake Gold's Detour Lake Mine, one of Canada's largest gold operations, where he was responsible for operations environmental management, project permitting, closure planning, and implementation of...

    2020-09-10 5:50 PM ET
  • Maritime Resources Reports Additional Results from Its Hammerdown Drill Program, Intersects 18.81 Gpt Gold over 1.80 Metres

    Toronto, Ontario--(Newsfile Corp. - August 31, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce additional assay results from its 10,000 metre exploration program at the Hammerdown Gold Project ("Hammerdown" or the "Project") located near the towns of Springdale and King's Point, Newfoundland and Labrador ("NL"). The exploration program includes infill and grade control diamond drilling within the conceptual mine plan outlined in the recent Preliminary Economic Assessment (PEA)1,2 as well as a...

    2020-08-31 8:00 AM ET
  • Maritime Resources Announces Closing of $8.7 Million Bought Deal Private Placement

    Toronto, Ontario--(Newsfile Corp. - August 21, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has completed its previously announced "bought deal" private placement (the "Offering") of a combination of 43,367,550 common shares of the Company ("Common Shares") at a price of $0.15 per Common Share, and 11,000,000 common shares issued on a flow-through basis (the "FT Shares" and, together with the Common Shares, the "Offered Securities") at a price of $0.20...

    2020-08-21 9:06 AM ET
  • Maritime Resources Upsizes Bought Deal Private Placement to $8.7 Million

    Toronto, Ontario--(Newsfile Corp. - July 31, 2020) -  Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an amending agreement with Sprott Capital Partners LP ("Sprott"), on its own behalf and on behalf of a syndicate of underwriters (together with Sprott referred to collectively as the "Underwriters"), to increase the size of its previously announced "bought deal" private placement from $6,000,000 to $8,705,132.50 (the "Upsized Offering"). Under the terms of the Upsized...

    2020-07-31 8:19 PM ET
  • Maritime Resources Announces $6,000,000 Bought Deal Private Placement

    Toronto, Ontario--(Newsfile Corp. - July 30, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP ("Sprott") on its own behalf and on behalf of a syndicate of underwriters (together with Sprott referred to collectively as the "Underwriters") to issue, on a "bought deal" private placement basis, $6,000,000 of securities of the Company (the "Offering"), consisting of 26,666,667 common shares of in the capital...

    2020-07-30 8:00 AM ET