Maritime Resources Corp. is pleased to announce additional drill results from a grade control drill program underway at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights: 24.1 grams per tonne gold over 3.0 metres, including 70.8 gpt Au over 1.0 metre in drill hole HDGC-25-069 6.43 gpt Au over 6.5 [...]
Maritime Resources Corp. is pleased to announce initial drill results from a definition drill program underway at its Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights: 41.6 grams per tonne gold over 6.3 metres, including 127.5 gpt Au over 2.0 metres in drill hole HDGC-24-038 with rare sub-millimetre [...]
Maritime Resources Corp. is pleased to announce the sale, subject to customary closing conditions, of its interests in the Lac Pelletier gold project to Emperor Metals Inc. pursuant to the parties entering into a property purchase agreement on January 7, 2025. Lac Pelletier is located approximately 9 km east of Agnico Eagle Mines Ltd.'s Wasamac gold project near the city of Rouyn Noranda and approximately 33 km south of [...]
Maritime Resources Corp. is pleased to announce the commencement of crushing of the mineralized stockpiles at the Company's Pine Cove gold processing facility . Pine Cove is located near the communities of Ming's Bight and Baie Verte in Newfoundland and Labrador, Canada and has been on care and maintenance since March 2023. The facility includes a fully permitted gold circuit and a large capacity in-pit tailings storage [...]
Maritime Resources Corp. is pleased to announce results of additional surface sampling at the Hammerdown Gold Project near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador. Hammerdown is an advanced stage, high grade gold development project that has all major permitting completed and has the benefit of access to the Company's existing Pine Cove mill facility. The [...]
Maritime Resources Corp. is pleased to announce that refurbishment work has begun at the Company's Pine Cove mill in the Baie Verte mining district of Newfoundland and Labrador. Maritime acquired the Point Rousse Project in 2023, including the Pine Cove gold processing plant and large capacity in-pit tailings storage facility. The plant operated until the first quarter of 2023 and has been on a care and maintenance [...]
Maritime Resources Corp. is pleased to announce that Allen Palmiere, an existing member of the Company's board of directors , has been named Chairman of the Board. John Hayes has stepped down as Chairman but will continue as a member of the Board. Garett Macdonald, President and CEO, commented, "This change is being made to support the Company as it transitions towards development with the near term cash flow from our [...]
Maritime Resources Corp. and Dundee Corporation are pleased to announce the closing of Maritime's previously announced rights offering , pursuant to which the Company issued rights to the holders of its common shares at the close of business on August 13, 2024. Each Right entitled to the holder to purchase one Common Share at a price of $0.034 per Common Share. The Company received subscriptions for 235,294,118 Common [...]
VANCOUVER, BC, Sept. 6, 2024 /CNW/ - The following issues have been halted by CIRO Company: Maritime Resources Corp. TSX-Venture Symbol: MAE.RT All Issues: No Reason: Pending Delisting Halt Time : 12:00 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Maritime Resources Corp. and Dundee Corporation are pleased to announce that Maritime is commencing a rights offering to the holders of common shares in the capital of the Company to raise aggregate gross proceeds of approximately $8,000,000. The net proceeds of the Rights Offering will be used for upgrading the Company's Pine Cove mill to process stockpiled ore, finalizing and publishing a revised feasibility study [...]
Maritime Resources Corp. is pleased to announce positive results from an ongoing metallurgical test program for the Hammerdown Gold Project . Hammerdown is located near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador and is one of a select few fully permitted, high grade gold projects with an existing processing facility. The program was designed to confirm and [...]
Maritime Resources Corp. announces that at the annual general and special meeting of shareholders of the Company , shareholders will be asked to pass, with or without variation, an ordinary resolution to approve a consolidation of the common shares in the capital of the Company on the basis of up to ten pre-Consolidation Common Shares for one post-Consolidation Common Share, as and when determined by the board of [...]