Maritime Resources Corp.

Recent News

Maritime Resources Stakes Black Ridge Property with Outcrop Grades of 8.8 gpt Gold, 198.6 gpt Silver and 10.3% Copper

Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to report it has staked the Black Ridge volcanic massive sulphide (VMS) target in Newfoundland and Labrador. Black Ridge is located at the southwest corner of the Company's land holdings, approximately 15 km from the Hammerdown Gold Project near the communities of King's Point and Springdale. The property is at an early stage of exploration...

2023-11-27 7:00 AM EST

Maritime Resources Provides Update on Annual General and Special Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - November 24, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces its Annual General and Special Meeting ("AGSM") will be held on Thursday, November 30, 2023 at 10:00 am EST at Maritime's Toronto office at 19th Floor, 110 Yonge Street, Toronto, Ontario. In recent years, in response to the public health impact of COVID-19, Maritime provided its Shareholders with the opportunity to attend the Meeting by telephone rather than...

2023-11-24 5:05 PM EST

Maritime Resources Provides Update on Newfoundland and Labrador Gold Projects

Toronto, Ontario--(Newsfile Corp. - October 11, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its Hammerdown and Point Rousse Gold Projects. The combined projects cover over 450 km2 and are located within the Baie Verte Mining District, near the towns of King's Point and Ming's Bight. Maritime recently acquired the Point Rousse assets from Signal Gold Inc. ("Signal"), including the Pine Cove processing plant, an in-pit tailings...

2023-10-11 7:00 AM EDT

Maritime Announces Closing of the Final Tranche of Its Non-Brokered Private Placement of Units

Toronto, Ontario--(Newsfile Corp. - August 24, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of the final tranche of its previously announced non-brokered private placement (the "Offering") of 4,000,000 units ("Units") at a price of $0.04 per Unit for aggregate gross proceeds of $160,000. Each Unit is comprised of one common share (each, a "Share") and one common share purchase warrant (each, a "Warrant"), with each Warrant...

2023-08-24 5:00 PM EDT

Maritime Announces the Closing of the Acquisition of Point Rousse Mining from Signal Gold, US$5.0M Brokered Private Placement of Notes and Warrants and C$1.735M Non-Brokered Private Placement of Units

Toronto, Ontario--(Newsfile Corp. - August 21, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of its previously announced acquisition (the "Acquisition") of all of the outstanding shares of Point Rousse Mining Inc. ("Point Rousse") from Signal Gold Inc. ("Signal" or the "Vendor") and the closing of its two previously announced financings, including a US$5.0M principal amount brokered note and common share purchase warrant offering...

2023-08-21 8:59 AM EDT

Maritime Announces New Found Gold as Lead Investor in Previously Announced Note Offering and Memorandum of Understanding for Toll Processing at Pine Cove

Toronto, Ontario--(Newsfile Corp. - August 14, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found") as the lead investor in its previously announced brokered private placement (the "Note Offering") of non-convertible senior secured notes (the "Notes") and common share purchase warrants (the "Note Warrants"). As announced by New Found, it intends to acquire US$2,000,000 principal...

2023-08-14 7:10 AM EDT

Maritime Announces Non-Brokered Private Placement of Units, and Provides Update on Point Rousse Acquisition and Previously Announced Brokered Note Offering

Toronto, Ontario--(Newsfile Corp. - July 27, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a non-brokered private placement (the "Unit Offering") of up to 75,000,000 units (the "Units") at a price of $0.04 per Unit for aggregate gross proceeds of up to $3,000,000. Each Unit is comprised of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Unit Warrant"). Each Unit Warrant will entitle...

2023-07-27 11:27 PM EDT

Maritime Announces Purchase Agreement to Acquire Point Rousse Project from Signal Gold and Related Offering of up to US$5 Million of Convertible Senior Secured Notes

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into a share purchase agreement with Signal Gold Inc. ("Signal" or the "Vendor") dated June 16, 2023 pursuant to which the Vendor will sell, assign and transfer to the Company and the Company will purchase all of the shares of Point Rousse Mining Inc. (the "Transaction"), which owns all of the property, assets, mineral rights,...

2023-06-19 7:00 AM EDT

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

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