Maritime completes the opening of the Portal at Hammerdown
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce it has completed the re-opening of the underground portal and now have access to the historic Hammerdown gold mine, near King's Point, NL Canada. During the last couple of months crews have been working to remove any surface material from in front of the portal and the unconsolidated waste rock that was used to plug the portal during the shut down and...
2017-11-21 8:00 AM EST
Maritime Resources Corp.: High Grade Gold in Trenches at Hammerdown, Green Bay Project
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that, as part of the Exploration Program at Green Bay in 2017, surface trenching of veins at the Hammerdown gold project returned high grade gold values in multiple channel samples across the deposit. The J and K veins are just two of the 10-vein gold system and are exposed on the surface for over 30 meters and 15 meters respectively. They are located...
2017-11-16 8:00 AM EST
Maritime Options El Strato Project Adjacent to Whisker Hill with Gold Assays as High as 239.6 g/t
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") is very pleased to announce that it has entered into an option agreement to earn a 100% interest in the El Strato property which connects to the west side of the recently acquired Whisker Hill Project. The El Strato Property is located only 10 km from Maritime's Hammerdown project, near King's Point, Newfoundland. Maritime now holds close to 60 square...
2017-10-25 8:00 AM EDT
Maritime Resources Announces Work Program Begins at Whisker Hill Gold Project with Surface Trenching Sample Reporting 71.9 g/t Au, 251.0 g/t Ag, 1.48% Cu, 19.7% Pb
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce it has started the work program at its newly acquired Whisker Project located in Newfoundland's Green Bay area Canada. Initial trenching at the "Ben" prospect has led to the initial discovery of a 50 metre long quartz vein with visible gold and base metal sulphides. The Company's VP of Exploration (Bernard Kahlert) collected 3 grab samples from an ongoing...
2017-10-12 8:00 AM EDT
Maritime Initiates Work Program at Hammerdown
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce it is proceeding with work programs to advance the Hammerdown gold project located on the Green Bay Property in Newfoundland and Labrador, Canada. The work will commence immediately with a 3,000 meter drill program, trenching, and excavating material to gain access to the underground portal. Environmental programs will also be continued to support the...
2017-09-27 9:00 AM EDT
Maritime Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces that it has closed its private placement previously announced on August 25, 2017. The Company has raised $1,025,916.80 through the issuance of
2017-09-25 9:00 AM EDT
Maritime Announces $1,000,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce 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 $0.15 per FT Unit (the "Offering"). Each Unit consists of one common share and one-half (1/2) of one common share purchase warrant ("Warrant")....
2017-08-25 9:00 AM EDT
Maritime Retains New Interim CFO
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") reports the appointment of Niina Makela as interim Chief Financial Officer for the Company. Effective immediately Ms. Makela has replaced Jeannine P. M. Webb, as CFO of the Company. President and CEO, Doug Fulcher, states "We are pleased to have Niina transition into the role of CFO, on an interim basis. Niina has been with the Company as Senior Corporate Account...
2017-06-15 9:00 AM EDT
Maritime Announces the Resignation of Mr. David McCue
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") announces that Mr. David McCue has resigned as Chairman and Director of the Company effective April 24th, 2017. Dave was one of the original founding directors of the Company in 2007 and has remained active both on the board and as the Company's Chairman. On behalf of the board and employees of the Company, we thank him for his years of dedication and wish him a...
2017-05-05 8:00 AM EDT
Maritime Arranges Bridge Financing
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") announces the Bridge Financing for $500,000 for a term of one year. Under the terms of the loan agreement, the lender will be paid 8% interest and will receive 333,333 bonus shares of the Company on 50% ($250,000) of the loan at a deemed price of $0.15 per share and 1,666,666 non-transferable warrants on the remaining 50% ($250,000). Each warrant will be...
2017-04-27 11:00 AM EDT
Maritime Files Prefeasibility Study on the Hammerdown Gold Mine
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") announces the filing of a technical report, prepared in accordance with National Instrument 43-101 regarding a Prefeasibility Engineering Study and Economic Assessment ("PFS" or "Study") aimed to reopen the past producing Hammerdown gold project in Newfoundland and Labrador, Canada. The study, entitled "Pre-Feasibility Technical Report, Greenbay Property" was...
2017-04-13 6:43 PM EDT
Maritime Options Whisker Valley High Grade Gold Project Near Hammerdown
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") is very pleased to announce that it has concluded an option agreement to earn a 100% interest in a property covering a number of high grade gold veins close to the Company's Hammerdown Gold Deposit in Newfoundland, Canada. The 52-square kilometre Whisker Valley property ("Whisker") consists of claim units owned by a Newfoundland prospecting partnership. Optioning...
2017-03-21 7:00 AM EDT
Maritime's Prefeasibility Study on the Hammerdown Gold Mine Returns an IRR of 46.8% and NPV (8%) of $71.2M
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that they have completed the Prefeasibility Engineering Study and Economic Assessment ("PFS" or "Study") aimed to reopen the past producing Hammerdown gold project in Newfoundland and Labrador, Canada. The PFS was evaluated on the Measured & Indicated NI43-101 mineral resource estimate for the past producing Hammerdown gold deposit. The study was completed...
2017-03-02 6:00 AM EST
Maritime Announces the Appointment of Andrew Pooler as Chief Operating Officer
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime"), is pleased to announce the appointment of Mr. Andrew Pooler as the Company's Chief Operating Officer (COO). Andy will be overseeing the Pr
2016-08-10 9:00 AM EDT
Maritime Closes a $2,475,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2016) - Maritime Resources Corp. (TSXV: MAE) is pleased to report that the non-brokered private placement announced on June 17, 2016 has closed for gross proceeds of $2,475,000. The Company has issued 16,500,000 Equity Units at $0.14 per Equity Unit and 16,500,000 Royalty Units at $0.01 per Royalty Unit. Each Equity Unit consists of one common share and one half of one non-transferable share purchase warrant (the "Warrants"). Each whole...
2016-07-20 12:38 PM EDT
Maritime Announces $2,250,000 Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that, subject to regulatory approval, the Company proposes to raise up to $2,250,000 (the "Offering") by way of a non-brokered private placement of units (the " Equity Units") coupled with a streaming Royalty (the "Royalty Units"). The financing will comprise up to 15,000,000 Equity Units at a price of $0.14 per Equity Unit. Each Equity Unit will consist of...
2016-06-17 2:06 PM EDT
Maritime Engages WSP Canada Inc. to Complete Prefeasibility Study
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that a Prefeasibility Study ("PFS") has been initiated on the Company's Hammerdown, Rumbullion and Orion gold deposits that forms the basis of the Green Bay Property resource portfolio located in Newfoundland and Labrador, Canada. The PFS will be conducted on the NI 43-101 mineral resource estimate completed in May 2013 (see release of May 28th 2013) that...
2016-05-16 7:00 AM EDT
Maritime and Rambler Sign Engineering and Evaluation Agreement to Determine the Viability of Restarting the Past Producing Hammerdown Mine
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2016) - Maritime Resources Corp. (TSXV: MAE) (the "Company") is pleased to announce that the Company has entered into an Engineering, Evaluation and Services Agreement ("Agreement") with Rambler Metals and Mining PLC ("Rambler") to evaluate the economic potential of re-opening the past producing Hammerdown gold mine located within Maritime's Green Bay Property, Newfoundland and Labrador, Canada. Under the terms of the Agreement, the...
2016-05-09 7:00 AM EDT
Maritime Closes a Portion of Financing
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2016) - Maritime Resources Corp. (TSXV: MAE) is pleased to report that a portion of the non-brokered private placement announced on April 18, 2016 has closed for gross proceeds of $790,500. The Company has issued 5,270,000 Equity Units at $0.14 per Equity Unit and 5,270,000 Royalty Units at $0.01 per Royalty Unit. Each Equity Unit consists of one common share and one half of one non-transferable share purchase warrant (the "Warrants")....
2016-04-26 9:25 AM EDT
Maritime Announces $2,000,000 Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime"), is very pleased to announce that, subject to regulatory approval, the Company proposes to raise up to $2,000,000 (the "Offering") by way of a non-brokered private placement of units (the " Equity Units") coupled with a streaming Royalty (the "Royalty Units"). The financing will comprise up to 13,500,000 Equity Units at a price of $0.14 per Equity Unit. Each Equity Unit will...
2016-04-18 1:51 PM EDT