Maritime Resources Corp.

Recent News

Maritime Resources Intersects 20.1 gpt Gold over 3.0 Metres at Orion, Including 159.5 gpt Gold over 0.31 Metres

Toronto, Ontario--(Newsfile Corp. - October 19, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results and an update from its ongoing 40,000 metre ("m") exploration program. The results reported are from drilling at the Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte Mining District of Newfoundland and Labrador, Canada which includes the Hammerdown and Orion gold deposits. Exploration activities are ongoing...

2021-10-19 6:00 AM EDT

Maritime Resources Reports Voting Results of Annual General Meeting and Stock Option Grant

Toronto, Ontario--(Newsfile Corp. - July 30, 2021) - 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 July 29, 2021. Maritime shareholders voted by in excess of 99.2% for the election of Messrs. John Hayes, Garett Macdonald, Mark Ashcroft, Nick Nikolakakis and Tom Yip as the directors of Company. The shareholders also approved the Stock Option Plan by a vote of 99.5% and...

2021-07-30 1:30 PM EDT

Maritime Resources Intersects 39.98 gpt Gold over 2.05 Metres at Hammerdown, Including 140.16 gpt Au over 0.20 Metres

Toronto, Ontario--(Newsfile Corp. - July 26, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results from its ongoing 40,000 metre ("m") exploration program. The results reported are from drilling at the Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte Mining District of Newfoundland and Labrador, Canada. Exploration activities are ongoing with two diamond drill rigs completing remaining infill and exploring...

2021-07-26 6:00 AM EDT

Maritime Resources Provides Update on Annual General Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - July 15, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces its Annual General Meeting ("AGM") on Thursday, July 29, 2021 will now be held at 3:00 pm EDT at Maritime's Toronto office at 19th Floor, 110 Yonge Street, Toronto, Ontario.In response to the public health impact of COVID-19 and variants, and to mitigate risks to the health and safety of its shareholders, employees and local communities, Maritime is urging...

2021-07-15 8:00 AM EDT

Maritime Resources Announces Stock Option Grant

Toronto, Ontario--(Newsfile Corp. - June 24, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces that it has granted incentive stock options to certain officers, directors, employees and/or consultants of the Corporation to purchase up to 5,300,000 common shares in the capital of the Company until June 24, 2026, at an exercise price of $0.18 per share. The incentive stock options were granted in accordance with the Company's Stock Option Plan.About Maritime...

2021-06-24 6:00 PM EDT

Maritime Resources Reports Positive Sorting Results on Hammerdown Bulk Sample

Toronto, Ontario--(Newsfile Corp. - June 23, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce positive results of the recent further test work aimed at confirming the use of sorting technology to reject waste rock dilution and improve the processed grade of mineral resources at the Hammerdown Gold Project ("Hammerdown" or "the Project"), in the Baie Verte mining district of Newfoundland and Labrador, Canada. The integration of sorting...

2021-06-23 7:00 AM EDT

Maritime Resources Traces Orion North Zone Over 550 Metres - Intersects 12.43 gpt Gold and 2.15 gpt Silver Over 1.20 Metres, Including 50.60 gpt Gold and 7.90 gpt Silver Over 0.20 Metres

Toronto, Ontario--(Newsfile Corp. - June 22, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results from its ongoing 40,000 metre ("m") exploration program at the Hammerdown Gold Project ("Hammerdown" or the "Project"), and its Whisker Valley Property, in the Baie Verte Mining District of Newfoundland and Labrador, Canada. Exploration activities are underway with two drills exploring along the highly prospective Hammerdown Deformation...

2021-06-22 9:00 AM EDT

Maritime Resources Expands Exploration Program to 40,000 Metres - Commences Largest Drill Program in Company's History

Toronto, Ontario--(Newsfile Corp. - June 2, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has initiated a fully funded, expanded exploration program at the Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte Mining District of Newfoundland and Labrador, Canada. Exploration activities are underway with two drills exploring along the highly prospective Hammerdown Deformation Zone and will work outwards to new high...

2021-06-02 6:00 AM EDT

Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment

Toronto, Ontario--(Newsfile Corp. - May 10, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that the Newfoundland and Labrador Environmental Assessment Division has released the Hammerdown Gold Project ("Hammerdown" or the "Project") from Environmental Assessment. Hammerdown is located in the Baie Verte mining district near the towns of King's Point and Springdale. The proposed Project consists of the construction, operation, decommissioning...

2021-05-10 4:30 PM EDT

Maritime Resources Announces Proceeds of $1.94 Million from Exercise of Warrants

Toronto, Ontario--(Newsfile Corp. - April 13, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the exercise of 12,959,357 common share purchase warrants for gross proceeds of $1.94 million. Each common share purchase warrant was exercisable for one whole common share of the Company, for a period of two years at an exercise price of $0.15. The warrants were issued in connection with a non-brokered private placement announced on March 14, 2019....

2021-04-13 3:05 PM EDT

Maritime Resources Announces Closing of Asset Purchase Agreement with Rambler Metals and Mining and Strategic Investment by Tembo Capital

Toronto, Ontario--(Newsfile Corp. - April 13, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of the transactions contemplated by the asset purchase agreement with two subsidiaries of Rambler Metals and Mining PLC, namely Rambler Metals and Mining Canada Limited and 1948565 Ontario Inc. (together, "Rambler") previously announced on December 23, 2020 in respect of the purchase by the Company (the "Acquisition") of the gold circuit...

2021-04-13 2:00 AM EDT

Drilling at Maritime Resources' Orion North Zone Intersects 3.3 gpt Gold over 6.3 Metres, Including 90.7 gpt Gold and 29.1 gpt Silver over 0.2 Metres

Toronto, Ontario--(Newsfile Corp. - March 31, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide assay results from the Hammerdown Gold Project ("Hammerdown" or the "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 (see Figure 1). The...

2021-03-31 6:00 AM EDT

Maritime Resources Announces Closing of $6.9 Million Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - March 22, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has completed its previously announced brokered private placement (the "Offering") of 38,500,000 common shares on a "flow-through" basis (the "FT Shares") 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...

2021-03-22 8:44 AM EDT

Maritime Resources Drills 1.4 gpt Au over 92.1 Metres at Hammerdown

Toronto, Ontario--(Newsfile Corp. - February 1, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide assay results from the Hammerdown Gold Project ("Hammerdown" or the "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 (see Figure 1). Results from an additional 12 drill holes at...

2021-02-01 6:30 AM EST

Maritime Announces 4.8 gpt Gold over 13.6 Metres at Orion, Including 7.0 gpt Gold over 8.1 Metres

Toronto, Ontario--(Newsfile Corp. - January 19, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide assay results from six additional diamond drill holes at the Orion deposit ("Orion"), 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 ("m"), including 3.2 gpt Au over 5.8 m in drill hole BB-20-131...

2021-01-19 6:30 AM EST

Maritime Resources Expands Land Holdings and Provides Outlook for 2021

Toronto, Ontario--(Newsfile Corp. - January 14, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") 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...

2021-01-14 6:30 AM EST

Maritime Resources Announces Orion North Discovery and Completes VTEM Survey

Toronto, Ontario--(Newsfile Corp. - January 7, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a new gold discovery at the Hammerdown Gold Project ("Hammerdown"), 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...

2021-01-07 6:30 AM EST

Maritime Resources Signs Letter of Intent to Purchase the Nugget Pond Gold Plant

Toronto, Ontario--(Newsfile Corp. - December 23, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") 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 and Mining PLC (AIM:RMM) ("Rambler"), 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...

2020-12-23 7:00 AM EST

Maritime Resources Intersects 5.1 Gpt Gold over 5.8 Metres at Whisker Valley, Including 21.1 Gpt Gold over 0.5 Metres and 9.2 Gpt Gold over 2.1 Metres

Toronto, Ontario--(Newsfile Corp. - November 5, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company) is pleased to announce additional assay results from its ongoing exploration program at the Whisker Valley Project ("Whisker Valley" or the "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 (Figure 1.). Maritime is completing an...

2020-11-05 2:15 PM EST

Maritime Resources Intersects 26.2 gpt Gold over 4.0 Metres Including 96.4 gpt Gold over 1.1 Metres at Orion

Toronto, Ontario--(Newsfile Corp. - November 3, 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...

2020-11-03 7:00 AM EST

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