Maritime Resources Corp.

Recent News

Maritime Highlights Fraser Institute Ranking of Newfoundland and Labrador as a Top Tier Mining Jurisdiction

Toronto, Ontario--(Newsfile Corp. - May 9, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that the province of Newfoundland and Labrador has been ranked #4 globally for mining attractiveness by the Fraser Institute. The 2022 Annual Survey of Mining Companies ranks 62 jurisdictions around the world for their geologic mineral potential, policy factors and quality of infrastructure....

2023-05-09 7:00 AM EDT

Maritime Identifies New High-Grade Gold in Outcrop on Whisker Valley Property and Consolidates Land Holdings over Gold Trend

Toronto, Ontario--(Newsfile Corp. - April 11, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on exploration activity on the Whisker Valley and El Strato gold properties in the Baie Verte mining district of Newfoundland and Labrador. Maritime announces the discovery of a new high-grade gold prospect at the Whisker Valley project and has acquired an option on an additional mineral license, the 125 hectare, five-claim El Strato Property...

2023-04-11 7:00 AM EDT

Maritime Resources Provides Hammerdown Project Update and Announces Stock Option Grant

Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on the Company's activities at the 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. Highlights:Hammerdown Gold Project - submission of Development Plan and Closure Plans represent key steps in completing...

2023-03-01 7:00 AM EST

Maritime Resources Provides Exploration Update

Toronto, Ontario--(Newsfile Corp. - February 6, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on exploration activities near the Company's 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. Maritime is currently conducting a 5,000-metre diamond drill program near Hammerdown, focusing on near-mine...

2023-02-06 7:00 AM EST

Maritime Drills 4.72 gpt Au over 8.15 Metres, Including 10.4 gpt Au over 3.67 Metres at Orion

Toronto, Ontario--(Newsfile Corp. - December 7, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on exploration activities near the Company's 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. Maritime is currently conducting a 5,000-metre diamond drill program near Hammerdown, focusing on near-mine...

2022-12-07 9:03 AM EST

Maritime Resources Provides Update on Annual General Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces its Annual General Meeting ("AGM") on Thursday, December 8, 2022 will be held at 10:00 am EST at Maritime's Toronto office at 19th Floor, 110 Yonge Street, Toronto, Ontario.In response to the continuing concern regarding the public health impact of influenza, COVID-19 and variants, and to mitigate risks to the health of its shareholders, employees and local...

2022-12-02 5:13 PM EST

Maritime Commences Step Out Exploration Drill Program at Hammerdown

Toronto, Ontario--(Newsfile Corp. - November 1, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has commenced a diamond drill exploration program at its 100% owned Hammerdown Gold Project ("Hammerdown" or the "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 ("m") drill program is aimed at a series of shallow gold targets along a three-kilometre...

2022-11-01 7:00 AM EDT

Maritime Files Technical Report

Toronto, Ontario--(Newsfile Corp. - October 7, 2022) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") 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 ("Technical Report"), 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...

2022-10-07 3:12 PM EDT

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...

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...

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...

2022-06-02 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...

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...

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...

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

Maritime Resources Closes Previously Announced Sale of Royalty Portfolio

Toronto, Ontario--(Newsfile Corp. - January 21, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of its previously announced asset sale transaction with Nomad Royalty Company Ltd. ("Nomad"). 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...

2022-01-21 6:31 PM EST

Maritime Resources Announces Entering into of Option Agreement to Acquire New Mineral Property Interests

Toronto, Ontario--(Newsfile Corp. - December 21, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an option agreement (the "Option Agreement") to acquire an undivided 100% interest in certain mineral property interests located in the Baie Verte Mining District (the "Property") 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...

2021-12-21 7:30 PM EST

Maritime Resources Announces Sale of Royalty Portfolio to Nomad Royalty Company

Toronto, Ontario--(Newsfile Corp. - December 7, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the signing of an asset sale agreement with Nomad Royalty Company Ltd. ("Nomad"). The sale agreement relates to Maritime's royalty portfolio covering a number of Canadian exploration projects in Quebec, British Columbia and Ontario. The purchase price for the asset sale is US$1,000,000, subject to the exercise of any rights of first refusal...

2021-12-07 7:00 AM EST

Maritime Resources Provides Update for the Hammerdown Gold Project

Toronto, Ontario--(Newsfile Corp. - December 2, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its 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. Hammerdown was formerly operated by Richmont Mines and produced 143,000 ounces gold with a run of mine grade of 15.7 grams per tonne. Highlights:Early...

2021-12-02 7:00 AM EST

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