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
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 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 near surface...
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
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