Maritime Announces Second Set of Drill Results From J, K, L & M3 Veins at Hammerdown With a high of 29.13 g/t Au over 2.04 meter and Anaconda Data Room Access
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the second set of drill results from the 2018 drill program. The drill program was designed to test the near surface gold potential of the J, K, L & M3 veins outlined from surface trenching program last fall. (see News Release MAE 17-12, November 16th, 2017) Numerous gold intersections were encountered in these drill holes, including 2.08 metres grading 20.94...
2018-06-04 8:00 AM EDT
Maritime Enters into Purchase Agreement with Inomin Mines to Acquire over 3,225 Hectares of Minerals Claim that extends our Hammerdown, Green Bay Property
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") is pleased to announce that it has concluded an Option to Purchase Agreement with Inomin Mines Inc. to earn a 100% interest in the King's Point property. The claims cover geological extensions to the Company's Hammerdown Gold deposit that host a number of high grade gold veins and base metal occurrences. The King's Point property ("King's Point Property") is made...
2018-05-16 9:00 AM EDT
Maritime Recommends Rejection of Anaconda Hostile Bid
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") recommends that shareholders of Maritime ("Shareholders") do not tender to the inadequate, all share bid made by Anaconda Mining Inc. Maritime has filed on SEDAR and commenced the mailing of its Directors' Circular and a letter to Shareholders which provide reasons to not tender. The letter is as follows: Cannot view this image of Maritime Resource
2018-05-01 1:57 PM EDT
Maritime Announces $1,000,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces a non-brokered private placement of up to $1,000,000 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 common share purchase warrant ("Warrant"). Each whole...
2018-04-27 8:00 AM EDT
Maritime Announces First Drill Results From J, K, L & M3 Veins at Hammerdown With a high of 68.26 g/t Au over 1.00 meter
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the first drill results from the 2018 drill program. Phase one is designed to test the near surface gold potential of the J, K, L & M3 veins as outlined from the recently completed surface trenching program. (see News Release MAE 17-12, November 16th, 2017). Drill hole MP-18-31 intersected a 1.00 metre interval assaying 68.26 grams per tonne (g/t) gold...
2018-04-19 8:00 AM EDT
Maritime Resources Advises Shareholders to Take No Action Regarding Unsolicited Offer
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") advises shareholders of Maritime ("Shareholders") that there is no need to take action at this time regarding the unsolicited offer made by Anaconda Mining Inc. ("Anaconda"). After the initial offer was submitted to the Company by Anaconda on January 29th, Maritime retained McMillan LLP as special legal counsel, and Dundee Securities Ltd. as financial advisors....
2018-04-16 8:00 AM EDT
Maritime Announces - Permit Granted for Dewatering and Underground Drill program
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that the Newfoundland Government has approved the Permit to Dewater the Hammerdown underground gold mine and initiate an underground rehabilitation and exploration drill program. The Hammerdown mine is located on Maritime's Green Bay Property in Newfoundland and Labrador, Canada. Remote Scoop and Portal at Ha
2018-04-12 8:00 AM EDT
Maritime Repays Loan and Is Now Debt Free
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces that it has now paid the outstanding loan payable to Anaconda Mining in full (the "Loan"). The Loan was for $500,000, bore interest of 8% per annum for one year and was originally due April 25, 2018. Code Consulting Limited ("Code"), the original lender assigned the Loan to Anaconda Mining on March 12th 2018. The Loan included provision for early...
2018-03-28 8:00 AM EDT
Maritime Starts 3000 metre Drill Program at Hammerdown and Whisker Projects
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the beginning of the 3000 metre 2018 drill program on both our signature Hammerdown deposit as well as the Whisker gold project which is located approximately 10 kilometres from Hammerdown on the Green Bay Property in Newfoundland and Labrador, Canada. Hammerdown - 2000 Metres Drill Program Drilling at Hammerdown will focus on two areas, Phase one will test...
2018-03-27 8:00 AM EDT
Maritime Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces that it has closed its private placement previously announced on December 15, 2017 and March 1, 2018. The Company has raised an additional $530,000 through the issuance of 5,300,000 units at a price of $0.10 per unit. Each unit consists of one common share and one-half (1/2) of one common share purchase warrant. Each whole warrant will entitle the...
2018-03-26 8:00 AM EDT
Maritime Responds to Announcement of Anaconda's Intention to Make an Unsolicited Offer for Maritime
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") confirms that it is aware of the announcement by Anaconda Mining Inc. ("Anaconda") that it intends, subject to a number of conditions, to make an unsolicited takeover bid for the outstanding common shares of Maritime ("Common Shares"). Maritime cautions that no formal offer has been presented to Maritime or its shareholders and there can be no certainty that an...
2018-03-20 3:23 PM EDT
Maritime Adopts Shareholder Rights Agreement
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces that its Board of Directors (the "Board") has approved the adoption of a Shareholder Rights Plan Agreement (the "Rights Plan"). The Rights Plan is being adopted to ensure that, in the event of a take-over bid, all shareholders of the Company will be treated fairly and will not be subject to abusive or coercive takeover strategies. The Rights Plan is...
2018-03-16 5:27 PM EDT
Maritime Initiates Work Program at Whisker Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce it is proceeding with work programs to advance the Whisker gold project located approximately 10 kilometres from our signature Hammerdown gold project located on the Green Bay Property in Newfoundland and Labrador, Canada. The work will commence immediately and will comprise of initial Geophysical program followed by approximately a 1000 metres drill...
2018-03-05 8:00 AM EST
Maritime Resources Corp.: Whisker Valley Project Continues to Return High Grade Gold Assays 10.22 g/t Au Over a Sample Strike Length of 23.75 Metres
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the last of the high grade gold results from the channel sampling program from the 2017 trenching at the Whisker Valley Project, located approximately 10 kilometres ("km") north of the Company's Hammerdown Gold Mine. The remaining results from Jackson and Ben Veins are from the central part of the gold vein system that extends for over 250 metres...
2018-02-13 8:00 AM EST
High Grade Gold Assays from Jackson Vein at Whisker Valley 13.66 g/t gold Over a Sample Strike Length of 34 metres
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce further results from the trenching and high grade channel sampling program at the Whisker Valley Project, located approximately 10 kilometres ("km") north of the Company's Hammerdown gold mine. The Jackson Vein is located between the Ben and Gary Veins (see NR 17-14 released November 29, 2017 and NR 17-16 released December 7, 2017) within the trenched...
2018-01-22 8:00 AM EST
Maritime Announces $2,000,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces a non-brokered private placement of up to $2,000,000 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 common share purchase warrant ("Warrant"). Each whole...
2017-12-15 8:00 AM EST
Maritime Continues to add to the Whisker Valley land package
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") is pleased to announce that it has concluded an option agreement to earn a 100% interest in the Strugglers Pond property located in the Whisker Valley land package. The property covers a number of high grade gold occurrences located adjacent to the Whisker Hill claims that Maritime has completed an extensive trenching program on this fall. (see News Release...
2017-12-13 8:00 AM EST
Maritime Resources Corp. Announces High Grade Gold Assays from Gary Vein at Whisker Valley 16.61 g/t gold Over a Sample Strike Length of 38 metres
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce further results from the trenching and high grade channel sampling program at the Whisker Valley Project, located approximately 10 kilometres ("km") from the Company's Hammerdown gold mine. The Gary Vein is located at the most easterly end of the exposed trench, approximately 200 metres along strike from the previously announced Ben Vein results (NR 17-15...
2017-12-07 8:00 AM EST
Maritime hires Project Manager for Hammerdown and Whisker Valley Projects
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the appointment of Mr. Larry Pilgrim, P. Geo as the Company's Project Manager overseeing the exploration and development to bring the Hammerdown Gold Mine Project back to production. Larry will oversee the ongoing exploration of Maritime's Green Bay Properties and the newly acquired Whisker Valley Project. Both projects are with in 10 kilometres from each...
2017-12-05 8:00 AM EST
Maritime announces high grade gold channel samples on the Whisker Valley Project Returning 13.42 g/t gold Over a Sample Strike Length of 31 metres
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the first set of channel samples results taken from the trenching program at the Whisker Valley Project, which is located approximately 10 kilometres ("km") from the Company's Hammerdown gold deposit. The vein system has now been exposed for over 250 metres and is open along strike and in both directions. The new discovery, called the "Ben Veins", are on...
2017-11-29 8:00 AM EST