Maritime Resources Corp.

Recent News

  • Maritime Announces Completion of $3,700,000 Non-Brokered Private Placement

    Toronto, Ontario--(Newsfile Corp. - September 22, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of a non-brokered private placement (the "Offering") of 74,000,000 common shares (the "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: (i) final permitting costs to be paid by the Company on or prior to December 31, 2022 with respect to...

    2022-09-22 8:02 PM EDT
  • Maritime Resources Reports Positive Feasibility Study for Hammerdown Gold Project with 48.1% IRR

    Toronto, Ontario--(Newsfile Corp. - August 23, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce feasibility study (the "Feasibility Study") results for the 100% owned Hammerdown Gold Project ("Hammerdown" or the "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...

    2022-08-23 6:35 PM EDT
  • Maritime Resources Discovers New Gold Zone 300 Metres South of Hammerdown Deposit

    Toronto, Ontario--(Newsfile Corp. - June 22, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results from its recently completed 6-hole 1,367 metre (m) drilling program at the Hammerdown Gold Project ("Hammerdown" or the "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...

    2022-06-22 7:00 AM EDT
  • Maritime Resources Provides Update on Hammerdown Gold Project

    Toronto, Ontario--(Newsfile Corp. - June 2, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its 100% owned Hammerdown Gold Project ("Hammerdown" or the "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...

    2022-06-02 7:00 AM EDT
  • Maritime Resources Announces Mineral Resource Estimate for the Lac Pelletier Gold Project

    Toronto, Ontario--(Newsfile Corp. - May 11, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to report the completion of a mineral resources estimate¹ (the "2022 MRE"), on its 100%-owned, Lac Pelletier Gold Project ("Lac Pelletier") located in Rouyn Noranda, Quebec, Canada. The 2022 MRE was completed in accordance with National Instrument 43-101 ("NI 43-101") standards of disclosure. Maritime acquired Lac Pelletier in 2021 from Rambler Metals and Mining PLC, along with the Nugget Pond gold...

    2022-05-11 7:00 AM EDT
  • UPDATED: Maritime Resources Intersects 150.38 gpt Gold over 0.2 Metres

    This news release has been updated to include an additional tableToronto, Ontario--(Newsfile Corp. - March 16, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results and an update from its ongoing 3,000 metre ("m") 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...

    2022-03-16 9:45 AM EDT
  • Maritime Resources Intersects 150.38 GPT Gold over 0.2 Metres

    Toronto, Ontario--(Newsfile Corp. - March 16, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results and an update from its ongoing 3,000 metre ("m") 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 near Hammerdown. Highlights:Beetle Pond (GA-22-46): 150.37 gpt Au over 0.20...

    2022-03-16 8:00 AM EDT
  • Maritime Resources Initiates 2022 Exploration Drilling Program

    Toronto, Ontario--(Newsfile Corp. - February 10, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the commencement of the 2022 exploration program at the Hammerdown Gold Project ("Hammerdown" or the "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 ("m") brownfields diamond drill program commencing mid-February Multiple...

    2022-02-10 12:00 PM EST