Maritime Continues to Sample High Grade Mineralization at Whisker Valley and Reports Initial Results from Golden Anchor Target
Toronto, Ontario--(Newsfile Corp. - March 9, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update of its exploration activities at its Whisker Valley Project (Whisker) in the Baie Verte mining district of Newfoundland and Labrador. The Whisker Valley property is located 10 kilometers (km) northwest of the Company's high-grade Hammerdown gold project. Maritime's field programs continue to uncover high grade gold, silver and copper...
2020-03-09 6:30 AM EDT
Maritime Delivers Robust Economics for Updated Hammerdown Project Resource: After-Tax NPV5% of $111.3M, IRR 50.5% and 1.5 Year Payback
Toronto, Ontario--(Newsfile Corp. - February 29, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce results from a Preliminary Economic Assessment ("PEA") completed for the Hammerdown gold project ("Hammerdown", or the "Project"), including the satellite Orion deposit, located in the Baie Verte mining district of Newfoundland and Labrador near the towns of King's Point and Springdale. The PEA was prepared in accordance with Canadian Securities...
2020-02-29 12:00 PM EST
Maritime Options the Sprucy Pond Property Adjacent to Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - January 28, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an option agreement to earn a 100% interest in the Sprucy Pond Property which is contiguous to Maritime's Hammerdown project, near King's Point, Newfoundland. Maritime currently holds 97 square kilometers of highly prospective ground in the area around the former Hammerdown gold mine.The 6.25 square kilometre Sprucy Pond...
2020-01-28 4:30 PM EST
Maritime Initiates 3,000 Metre Drill Program at Hammerdown
Toronto, Ontario--(Newsfile Corp. - November 5, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its exploration activities at its Hammerdown project in Newfoundland and Labrador. Maritime received the final results for its deep looking surface and downhole induced polarization ("IP") surveys at Hammerdown. It identified several new chargeability anomalies in areas of the property that have been largely unexplored. The Company has...
2019-11-05 6:30 AM EST
Maritime Resources to Present at the 2019 Precious Metals Summit
Toronto, Ontario--(Newsfile Corp. - September 4, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announced that management will be attending and presenting at the upcoming Precious Metals Summit in Beaver Creek, Colorado, as well as meeting with investors throughout the conference which will be held between September 10-13.Garett Macdonald, President & Chief Executive Officer of Maritime Resources will be providing a company update at 10:00 am MT in Room 2 on...
2019-09-04 3:00 PM EDT
Maritime Discovers New Gold Mineralization at Whisker Valley
Toronto, Ontario--(Newsfile Corp. - August 27, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has discovered a new area of gold mineralization as a result of a regional prospecting program at its 100% owned Whisker Valley Project ("Whisker") in the Baie Verte Mining District of Newfoundland and Labrador. The Whisker Valley property is located 6 kilometers northwest of the Company's high-grade...
2019-08-27 6:30 AM EDT
Maritime Completes Regional Airborne Magnetic Survey and Provides Exploration Update
Toronto, Ontario--(Newsfile Corp. - August 1, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its exploration activities at its Hammerdown and Whisker Valley gold projects near the town of King's Point in the Baie Verte Mining District, Newfoundland & Labrador.Regional Airborne SurveyTo guide our larger regional exploration campaign, the Company recently completed a high-resolution airborne gradient magnetic and VLF survey. The...
2019-08-01 6:30 AM EDT
Maritime Announces Infill Drill Results at Hammerdown
Toronto, Ontario--(Newsfile Corp. - July 11, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the assay results on 18 diamond drill infill holes completed at the Company's high-grade 100%-owned Hammerdown gold project near the town of King's Point in the Baie Verte Mining District, Newfoundland & Labrador.Program Highlights: (For complete table of assay results and hole locations, refer to Tables 1 and 2 below)13.7 gpt Au over 1.2 m, including...
2019-07-11 12:19 PM EDT
Maritime Announces Pre-Feasibility Study Update and Appointment of New Advisors
Toronto, Ontario--(Newsfile Corp. - June 19, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce an update on the Pre-Feasibility Study ("PFS") for the high grade Hammerdown gold project and the appointment of two new advisors to the Company.Garett Macdonald, President and CEO, stated: "Maritime is well positioned with a strong treasury and a number of technical and exploration programs that are underway in Newfoundland with the goal of de-risking...
2019-06-19 1:06 PM EDT
Maritime Reports Voting Results of Annual General Meeting and Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - June 19, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the voting results of its Annual General Meeting (the "Meeting") held on June 18, 2019. Maritime shareholders voted by in excess of 95% 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 94.4% and unanimously...
2019-06-19 10:51 AM EDT
Maritime Reports Positive Metallurgical Test Results Using Ore Sorting Technology at Hammerdown
Toronto, Ontario--(Newsfile Corp. - May 22, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to report positive metallurgical test results using ore sorting technology for its 100% owned, high-grade Hammerdown development project where the Company realized 40% rejection and 97% Gold recovery. Maritime's Hammerdown gold project is located near the Baie Verte Mining District and Springdale, Newfoundland and Labrador. The Hammerdown deposit is characterized...
2019-05-22 7:00 AM EDT
Maritime Announces Closing of Additional $30,000 Tranche Bringing Gross Proceeds of Its Recent Announced Non-Brokered Private Placement to $6,092,500
Toronto, Ontario--(Newsfile Corp. - April 26, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has closed a final $30,000 tranche of its previously announced non-brokered private placement, issuing an additional 300,000 Units and raising aggregate gross proceeds of $6,092,500 through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit...
2019-04-26 2:38 PM EDT
Maritime Provides Update on Newfoundland Projects
Toronto, Ontario--(Newsfile Corp. - April 24, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide shareholders with an update on its Newfoundland gold projects, including the high grade Hammerdown development project. Maritime's Hammerdown and Whisker Valley gold exploration projects are both located near the Baie Verte Mining District and Springdale, Newfoundland and Labrador. The Hammerdown deposit is characterized by a number of near-vertical,...
2019-04-24 7:00 AM EDT
Maritime Raises Gross Proceeds of $6,062,500 on Closing of Its Previously Announced Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - April 16, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it closed its previously announced non-brokered private placement raising aggregate gross proceeds of $6,062,500 through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit (the "Offering"). The Company issued a total of 56,596,662 Units and FT...
2019-04-16 9:40 PM EDT
Maritime Announces an Increase to Its Previously Announced Non-Brokered Private Placement from up to $5,000,000 to up to $6,250,000
Toronto, Ontario--(Newsfile Corp. - April 9, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that is has increased the size of its previously announced non - brokered private placement from up to $5 million to up to $6.25 million through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit (the "Offering"). ...
2019-04-09 8:36 PM EDT
Maritime Announces $5,000,000 Non - Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - March 14, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a non - brokered private placement of up to $5 million through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit (the "Offering"). Each Unit consists of one common share and one-half (1/2) of one transferable common...
2019-03-14 6:13 PM EDT
Maritime Announces High Grade Results at Whisker Valley
Toronto, Ontario--(Newsfile Corp. - February 25, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its recent exploration program at the Whisker Valley gold project, a new exploration target located 10 kilometres north of the Company's high-grade Hammerdown gold project in the Baie Verte Mining District, Newfoundland & Labrador. Whisker Valley Assay Interval Highlights Maritime's initial 650m diamond drill program at Whisker Valley...
2019-02-25 7:00 AM EST
Maritime Provides Corporate Update and 2019 Outlook
Toronto, Ontario--(Newsfile Corp. - February 21, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide shareholders with an update on its recent exploration and development activities along with planned work for 2019. Maritime's Hammerdown gold project and Whisker Valley gold exploration project are both located near the Baie Verte Mining District and Springdale, Newfoundland and Labrador. The Company has recently undergone a number of corporate...
2019-02-21 7:00 AM EST
Maritime Announces Management Changes
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announced that the following management changes have occurred: Ms. Niina Makela has resigned as Maritime's Chief Financial Officer; Ms. Germaine M. Coombs CPA, CMA has been appointed as Maritime's Chief Financial Officer; ...
2019-02-07 6:04 PM EST
Maritime Announces Board and Management Changes
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") announced that effective January 31, 2019 the following board and management changes have occurred to reflect the continued evolution and development of Maritime as it works to further advance the high-grade Hammerdown gold project and its Whisker and Orion exploration projects in Newfoundland: Mr. Douglas Fulcher will no longer serve as Maritime's President and Chief Executive...
2019-02-01 6:30 AM EST