Maritime Drills 5.5 gpt Gold over 29.8 metres, Including 73.0 gpt Gold over 1.5 metres at the Hammerdown Gold Project
Maritime Resources (MRTMF) has announced significant drill results from its grade control program at the Hammerdown Gold Project in Newfoundland and Labrador. Key highlights include:
- 5.5 gpt gold over 29.8m, including 73.0 gpt gold over 1.5m in drill hole HDGC-25-177
- 16.9 gpt gold over 2.5m in HDGC-25-181
- 7.7 gpt gold over 5.6m in HDGC-25-160
- 67.1 gpt gold over 0.9m in HDGC-25-188
The grade control program completed 8,460 metres of diamond drilling across 273 holes, designed on a 10m x 10m staggered pattern. Historical underground mining backfill samples averaged 3.3 gpt gold across 274 linear meters of drilling. The program has confirmed the vein model and location of historic underground workings while identifying additional mineralization between high-grade veins, mine backfill material and remnant pillars.
Maritime Resources (MRTMF) ha annunciato risultati significativi dai suoi programmi di perforazione per il controllo della qualità al progetto aurifero Hammerdown, situato a Terranova e Labrador. Punti salienti includono:
- 5,5 g/t oro su 29,8 m, incluso 73,0 g/t oro su 1,5 m nel foro di sondaggio HDGC-25-177
- 16,9 g/t oro su 2,5 m in HDGC-25-181
- 7,7 g/t oro su 5,6 m in HDGC-25-160
- 67,1 g/t oro su 0,9 m in HDGC-25-188
Il programma di controllo della qualità ha completato 8.460 metri di perforazioni diamantate distribuiti su 273 fori, progettati con uno schema sfalsato di 10 m x 10 m. I campioni di riempimento minerario storico sotterraneo hanno mostrato una media di 3,3 g/t oro su 274 metri lineari di perforazione. Il programma ha confermato il modello delle vene e la posizione degli scavi sotterranei storici, identificando inoltre mineralizzazioni aggiuntive tra vene ad alto tenore, materiale di riempimento minerario e pilastri residui.
Maritime Resources (MRTMF) ha anunciado resultados significativos de perforación en su programa de control de ley en el Proyecto de Oro Hammerdown en Terranova y Labrador. Puntos clave incluyen:
- 5,5 g/t de oro sobre 29,8 m, incluyendo 73,0 g/t de oro sobre 1,5 m en el taladro HDGC-25-177
- 16,9 g/t de oro sobre 2,5 m en HDGC-25-181
- 7,7 g/t de oro sobre 5,6 m en HDGC-25-160
- 67,1 g/t de oro sobre 0,9 m en HDGC-25-188
El programa de control de ley completó 8.460 metros de perforación diamantina en 273 taladros, diseñados con un patrón escalonado de 10 m x 10 m. Las muestras de relleno de minería subterránea histórica promediaron 3,3 g/t de oro en 274 metros lineales de perforación. El programa ha confirmado el modelo de vetas y la ubicación de las labores subterráneas históricas, mientras identifica mineralización adicional entre vetas de alta ley, material de relleno minero y pilares remanentes.
Maritime Resources(MRTMF)는 뉴펀들랜드 앤 래브라도에 위치한 해머다운 금 프로젝트에서 등급 관리 프로그램의 중요한 시추 결과를 발표했습니다. 주요 내용은 다음과 같습니다:
- 시추공 HDGC-25-177에서 29.8m 구간에 걸쳐 금 5.5 gpt, 그 중 1.5m 구간에 73.0 gpt 금 함유
- HDGC-25-181에서 2.5m 구간에 16.9 gpt 금
- HDGC-25-160에서 5.6m 구간에 7.7 gpt 금
- HDGC-25-188에서 0.9m 구간에 67.1 gpt 금
등급 관리 프로그램은 10m x 10m 교차 패턴으로 설계된 273개의 시추공을 통해 총 8,460미터의 다이아몬드 시추를 완료했습니다. 과거 지하 채굴 충전 샘플은 274m 선형 구간에서 평균 3.3 gpt 금을 나타냈습니다. 이 프로그램은 정맥 모델과 과거 지하 작업 위치를 확인했으며, 고품위 정맥 사이, 광산 충전 재료 및 남은 기둥 사이에서 추가 광물화를 식별했습니다.
Maritime Resources (MRTMF) a annoncé des résultats de forage significatifs issus de son programme de contrôle de teneur au projet aurifère Hammerdown à Terre-Neuve-et-Labrador. Points clés :
- 5,5 g/t d'or sur 29,8 m, incluant 73,0 g/t d'or sur 1,5 m dans le trou de forage HDGC-25-177
- 16,9 g/t d'or sur 2,5 m dans HDGC-25-181
- 7,7 g/t d'or sur 5,6 m dans HDGC-25-160
- 67,1 g/t d'or sur 0,9 m dans HDGC-25-188
Le programme de contrôle de teneur a réalisé 8 460 mètres de forage diamanté répartis sur 273 trous, conçus selon un schéma décalé de 10 m x 10 m. Les échantillons de remblai minier historique souterrain ont affiché une moyenne de 3,3 g/t d'or sur 274 mètres linéaires de forage. Le programme a confirmé le modèle des veines et la localisation des travaux souterrains historiques tout en identifiant une minéralisation supplémentaire entre les veines à haute teneur, le matériau de remblai minier et les piliers résiduels.
Maritime Resources (MRTMF) hat bedeutende Bohrergebnisse aus seinem Grade-Control-Programm beim Hammerdown Goldprojekt in Neufundland und Labrador bekannt gegeben. Wichtige Highlights sind:
- 5,5 g/t Gold über 29,8 m, darunter 73,0 g/t Gold über 1,5 m im Bohrloch HDGC-25-177
- 16,9 g/t Gold über 2,5 m in HDGC-25-181
- 7,7 g/t Gold über 5,6 m in HDGC-25-160
- 67,1 g/t Gold über 0,9 m in HDGC-25-188
Das Grade-Control-Programm umfasste 8.460 Meter Diamantbohrungen über 273 Bohrlöcher, die in einem versetzten Raster von 10 m x 10 m angelegt wurden. Historische Proben aus dem Untertagebergbaurückfüllmaterial ergaben im Durchschnitt 3,3 g/t Gold über 274 lineare Meter Bohrungen. Das Programm bestätigte das Adermodell und die Lage der historischen Untertagearbeiten und identifizierte zusätzliche Mineralisierung zwischen hochgradigen Adern, Bergbaurückfüllmaterial und verbleibenden Pfeilern.
- High-grade gold intercepts including 5.5 gpt over 29.8m and 67.1 gpt over 0.9m
- Extensive drilling program completed (8,460 metres across 273 holes)
- Discovery of additional mineralization between veins and in backfill material
- Confirmation of historical vein model and underground workings
- Backfill material quantity and grade are conceptual with uncertain resource potential
- True thickness of mineralization estimated at only 70% of reported lengths
Toronto, Ontario--(Newsfile Corp. - April 17, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce additional drill results from a grade control drill program 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:
5.5 grams per tonne ("gpt") gold ("Au") over 29.8 metres ("m"), including 73.0 gpt Au over 1.5 m in drill hole HDGC-25-177
16.9 gpt Au over 2.5 m in drill hole HDGC-25-181
7.7 gpt Au over 5.6 m in drill hole HDGC-25-160
67.1 gpt Au over 0.9 m in drill hole HDGC-25-188
14.8 gpt Au over 5.9 m and 17.0 gpt Au over 4.4 m in historical underground mining backfill in drill holes HDGC-25-189 and HDGC-25-175, respectively
151 historical underground mining backfill samples collected during the grade control program representing 274 linear meters of drilling returned an average grade of 3.3 gpt Au
Discussion of Results
The latest drill results cover the central portion of the proposed first year of open pit mining at Hammerdown. The grade control program continues to confirm the vein model and location of the historic underground workings while identifying additional mineralization between the high-grade veins, mine backfill material and remnant pillars. Notable assay results include drill hole HDGC-25-177 which intersected 5.5 gpt Au over 29.8 m, including 73.0 gpt Au over 1.5 m related to a group of mineralized quartz veins and altered mineralized quartz feldspar porphyry (QFP) within the unmined crown pillar. Drill hole HDGC-25-160 was drilled 20 m south of drill hole HDGC025-177 and returned 7.7 gpt Au over 5.6 m. Drill hole HDGC-25-188, located 20 m north of previously reported HDGC-25-118 (27.9 gpt Au over 1.0 m; see Maritime press release dated March 14, 2025), returned several high-grade gold intercepts. Highlights include 15.0 gpt Au over 1.4 m, 67.1 gpt Au over 0.9 m, and 14.6 gpt Au over 0.2 m.
The Hammerdown grade control program has identified high grade gold mineralization within the historic backfilled stopes. Drill hole HDGC-25-189 returned 14.8 gpt Au over 5.9 m and HDGC-25-175 returned 17.0 gpt Au over 4.4 m. These results enhance the confidence in the mineralization surrounding and inside the previously mined out stopes at Hammerdown. All backfill intervals drilled during the grade control program were sampled and resulted in the collection of 151 samples representing 274 linear metres of drilling with a weighted average of 3.3 gpt Au across a 1 m composite length. The backfill gold content is believed to be the result of a combination of the high historic mine cut-off grade as well as high grade loss on mining material remaining during the cut and fill mining process. The potential quantity and grade of the backfill material are conceptual in nature and there has been insufficient sampling to define a mineral resource. It is uncertain whether further sampling would result in the backfill material being delineated as a mineral resource.
Grade Control Drilling
The grade control drill program completed 8,460 metres of diamond drilling in 273 drill holes. The program was designed to intersect the sub vertical mineralization on a 10 m x 10 m staggered pattern to maximize future ore extraction while minimizing ore losses and dilution. Assay results will be released as they become available.
Figure 1. Plan View
To view an enhanced version of this graphic, please visit:
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Figure 2. Hammerdown Deposit Cross Section
To view an enhanced version of this graphic, please visit:
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Table 1. Significant Assay Results
| Hole | From | To | Length | Au gpt | Comments |
| HDGC-25-146 | 3.6 | 4.3 | 0.7 | 21.7 | Overburden |
| HDGC-25-150 | 17.0 | 18.0 | 1.0 | 1.3 | |
| HDGC-25-150 | 20.1 | 20.5 | 0.4 | 2.2 | |
| HDGC-25-150 | 23.5 | 23.7 | 0.2 | 8.4 | |
| HDGC-25-150 | 27.0 | 32.4 | 5.4 | 2.3 | |
| HDGC-25-150 | 40.2 | 42.0 | 1.8 | 2.3 | |
| HDGC-25-150 | 45.0 | 46.0 | 1.0 | 2.4 | |
| HDGC-25-152 | 16.0 | 26.9 | 10.9 | 3.0 | |
| Including | 26.5 | 26.9 | 0.4 | 52.4 | |
| HDGC-25-152 | 26.9 | 30.1 | 3.2 | 1.1 | Backfill |
| HDGC-25-152 | 31.0 | 37.0 | 6.0 | 5.8 | |
| Including | 35.3 | 35.9 | 0.6 | 41.5 | |
| HDGC-25-152 | 40.0 | 42.0 | 2.0 | 1.0 | |
| HDGC-25-152A | 8.0 | 11.0 | 3.0 | 1.9 | |
| HDGC-25-154 | 22.6 | 22.8 | 0.2 | 2.7 | |
| HDGC-25-156 | 18.0 | 18.8 | 0.8 | 5.5 | |
| HDGC-25-158 | 9.5 | 10.0 | 0.5 | 7.0 | |
| HDGC-25-158 | 10.0 | 11.1 | 1.1 | 1.6 | |
| HDGC-25-158 | 18.9 | 22.0 | 3.1 | 3.0 | |
| HDGC-25-158 | 30.3 | 31.0 | 0.7 | 8.7 | |
| HDGC-25-158 | 41.0 | 42.9 | 1.9 | 2.1 | |
| HDGC-25-160 | 13.3 | 18.9 | 5.6 | 7.7 | |
| Including | 17.9 | 18.4 | 0.5 | 58.4 | |
| HDGC-25-160 | 31.1 | 31.9 | 0.8 | 5.9 | |
| HDGC-25-160 | 47.1 | 47.3 | 0.2 | 24.5 | |
| HDGC-25-162 | 14.0 | 14.6 | 0.6 | 1.3 | |
| HDGC-25-162 | 36.6 | 39.0 | 2.4 | 2.3 | |
| HDGC-25-162 | 53.8 | 54.0 | 0.3 | 3.8 | |
| HDGC-25-164 | 38.0 | 39.0 | 1.0 | 1.0 | |
| HDGC-25-164 | 40.4 | 40.7 | 0.3 | 10.8 | |
| HDGC-25-165 | 6.4 | 8.0 | 1.6 | 0.8 | |
| HDGC-25-165 | 35.5 | 36.5 | 1.0 | 13.6 | |
| HDGC-25-166 | 22.9 | 24.4 | 1.6 | 4.2 | |
| HDGC-25-166 | 40.3 | 43.0 | 2.8 | 12.7 | |
| HDGC-25-167 | 11.0 | 12.4 | 1.4 | 1.2 | |
| HDGC-25-168 | 13.0 | 13.8 | 0.8 | 3.3 | Backfill |
| HDGC-25-168 | 26.6 | 30.0 | 3.4 | 1.4 | |
| HDGC-25-168 | 52.5 | 52.8 | 0.2 | 84.9 | |
| HDGC-25-169 | 16.0 | 17.0 | 1.0 | 2.1 | |
| HDGC-25-170 | 20.0 | 21.0 | 1.0 | 4.8 | |
| HDGC-25-172 | 4.3 | 4.6 | 0.2 | 2.7 | |
| HDGC-25-172 | 18.0 | 18.9 | 0.9 | 1.8 | |
| HDGC-25-172 | 35.9 | 36.1 | 0.2 | 3.1 | |
| HDGC-25-172 | 37.0 | 39.0 | 2.0 | 3.0 | |
| HDGC-25-173 | 0.8 | 1.0 | 0.2 | 24.5 | Overburden |
| HDGC-25-173 | 16.1 | 16.5 | 0.4 | 19.4 | |
| HDGC-25-173 | 41.3 | 42.5 | 1.2 | 13.8 | |
| HDGC-25-173 | 47.0 | 48.0 | 1.0 | 1.9 | |
| HDGC-25-174 | 13.0 | 15.6 | 2.6 | 2.7 | |
| Including | 14.9 | 15.1 | 0.2 | 18.9 | |
| HDGC-25-174 | 29.0 | 31.5 | 2.5 | 3.2 | |
| Including | 31.3 | 31.5 | 0.2 | 17.2 | |
| HDGC-25-174 | 36.1 | 42.1 | 6.0 | 1.6 | Backfill |
| HDGC-25-175 | 22.5 | 22.7 | 0.2 | 1.5 | |
| HDGC-25-175 | 28.0 | 28.6 | 0.6 | 13.3 | |
| HDGC-25-175 | 31.0 | 35.4 | 4.4 | 17.0 | Backfill |
| HDGC-25-175 | 48.9 | 49.2 | 0.3 | 11.3 | |
| HDGC-25-176 | 11.6 | 12.5 | 0.9 | 6.5 | |
| HDGC-25-176 | 21.6 | 21.9 | 0.3 | 61.4 | |
| HDGC-25-176 | 36.0 | 37.0 | 1.0 | 7.6 | |
| HDGC-25-177 | 18.3 | 48.1 | 29.8 | 5.5 | |
| Including | 23.1 | 24.6 | 1.5 | 73.0 | |
| HDGC-25-178 | 14.9 | 23.0 | 8.1 | 1.8 | |
| Including | 15.1 | 15.7 | 0.6 | 8.1 | |
| HDGC-25-178 | 30.5 | 30.7 | 0.2 | 15.8 | |
| HDGC-25-178 | 33.0 | 34.0 | 1.0 | 1.3 | |
| HDGC-25-179 | 27.9 | 28.1 | 0.2 | 3.4 | |
| HDGC-25-179 | 37.2 | 37.5 | 0.2 | 4.3 | |
| HDGC-25-179 | 56.0 | 57.0 | 1.0 | 2.9 | |
| HDGC-25-179 | 71.6 | 72.2 | 0.6 | 19.2 | |
| HDGC-25-179 | 75.6 | 76.0 | 0.4 | 7.4 | |
| HDGC-25-181 | 35.3 | 35.5 | 0.3 | 3.0 | |
| HDGC-25-181 | 39.2 | 41.7 | 2.5 | 16.9 | |
| Including | 39.2 | 40.7 | 1.5 | 26.1 | |
| HDGC-25-181 | 48.0 | 55.0 | 7.0 | 2.0 | |
| HDGC-25-183 | 29.5 | 34.0 | 4.5 | 1.4 | |
| HDGC-25-183 | 42.0 | 42.9 | 0.9 | 21.9 | |
| Including | 42.6 | 42.9 | 0.2 | 67.4 | |
| HDGC-25-184 | 26.2 | 29.4 | 3.2 | 1.6 | |
| Including | 27.3 | 27.5 | 0.2 | 13.8 | |
| HDGC-25-187 | 3.0 | 3.4 | 0.4 | 2.7 | Overburden |
| HDGC-25-188 | 8.1 | 9.5 | 1.4 | 15.0 | |
| Including | 9.3 | 9.5 | 0.2 | 95.0 | |
| HDGC-25-188 | 32.3 | 33.2 | 0.9 | 67.1 | |
| Including | 32.7 | 33.2 | 0.5 | 114.6 | |
| HDGC-25-188 | 39.3 | 39.5 | 0.2 | 14.6 | |
| HDGC-25-189 | 17.4 | 17.7 | 0.2 | 20.6 | |
| HDGC-25-189 | 25.5 | 25.7 | 0.2 | 9.8 | |
| HDGC-25-189 | 34.0 | 35.0 | 1.0 | 1.0 | |
| HDGC-25-189 | 37.8 | 38.0 | 0.2 | 5.4 | |
| HDGC-25-189 | 46.5 | 46.7 | 0.2 | 4.1 | |
| HDGC-25-189 | 48.6 | 50.4 | 1.9 | 5.7 | |
| Including | 49.1 | 49.9 | 0.8 | 12.1 | |
| HDGC-25-189 | 55.0 | 60.9 | 5.9 | 14.8 | Backfill |
| HDGC-25-189 | 64.9 | 65.1 | 0.2 | 9.8 | |
| HDGC-25-190 | 4.9 | 5.3 | 0.4 | 23.4 | |
| HDGC-25-190 | 17.6 | 21.5 | 3.9 | 1.7 | |
| Including | 21.3 | 21.5 | 0.2 | 15.2 | |
| HDGC-25-190 | 33.2 | 33.4 | 0.2 | 6.4 | |
| HDGC-25-190 | 50.0 | 51.3 | 1.3 | 1.8 | |
| HDGC-25-191 | 0.2 | 0.4 | 0.2 | 3.7 | Overburden |
| HDGC-25-191 | 3.0 | 3.2 | 0.2 | 10.2 | |
| HDGC-25-192 | 3.5 | 3.9 | 0.4 | 24.4 | |
| Including | 3.5 | 3.7 | 0.2 | 43.3 | |
| HDGC-25-192 | 14.0 | 14.2 | 0.2 | 73.2 | |
| HDGC-25-192 | 44.0 | 52.0 | 8.0 | 8.0 | Backfill |
| HDGC-25-193 | 18.0 | 18.8 | 0.8 | 6.5 | |
| Including | 18.6 | 18.8 | 0.2 | 24.2 | |
| HDGC-25-194 | 2.0 | 2.5 | 0.5 | 8.6 | |
| HDGC-25-194 | 12.9 | 13.1 | 0.2 | 24.3 | |
| HDGC-25-194 | 21.3 | 21.5 | 0.2 | 35.2 | |
| HDGC-25-195 | 16.0 | 18.0 | 2.0 | 3.7 | |
| HDGC-25-195 | 29.0 | 33.4 | 4.4 | 7.6 | |
| Including | 29.2 | 29.5 | 0.3 | 80.6 | |
| HDGC-25-195 | 39.8 | 40.8 | 1.0 | 2.1 | |
| HDGC-25-195 | 39.8 | 40.8 | 1.0 | 2.0 | |
| HDGC-25-195 | 44.0 | 45.0 | 1.0 | 1.1 | |
| HDGC-25-195 | 49.0 | 54.8 | 5.8 | 5.0 | |
| Including | 54.4 | 54.8 | 0.4 | 59.1 | |
| Including | 54.4 | 54.8 | 0.3 | 60.9 | |
| HDGC-25-196 | 2.7 | 2.9 | 0.2 | 40.3 | |
| HDGC-25-197 | 4.4 | 4.6 | 0.2 | 9.4 | |
| HDGC-25-197 | 21.5 | 21.7 | 0.2 | 2.7 | |
| HDGC-25-197 | 26.0 | 27.4 | 1.4 | 13.9 | |
| Including | 26.0 | 26.4 | 0.4 | 49.3 | |
| HDGC-25-197 | 35.7 | 35.9 | 0.2 | 19.0 | |
| HDGC-25-197 | 40.0 | 46.6 | 6.6 | 7.3 | Backfill |
| HDGC-25-197 | 52.9 | 53.2 | 0.3 | 9.4 | |
| HDGC-25-199 | 20.0 | 20.7 | 0.7 | 2.2 | |
| HDGC-25-199 | 34.2 | 35.7 | 1.5 | 7.8 | |
| Including | 35.4 | 35.7 | 0.3 | 28.9 | |
| HDGC-25-199 | 39.5 | 42.5 | 3.0 | 6.6 | Backfill |
| HDGC-25-199 | 53.3 | 54.1 | 0.8 | 10.8 | |
| HDGC-25-199 | 53.3 | 54.1 | 0.8 | 10.8 | |
| HDGC-25-203 | 13.0 | 21.0 | 8.0 | 4.7 | |
| Including | 20.1 | 21.0 | 0.9 | 24.5 | |
| HDGC-25-203 | 32 | 32.7 | 0.7 | 3.0 | |
| HDGC-25-205 | 5.1 | 6.3 | 1.2 | 5.6 | |
| Including | 5.6 | 5.8 | 0.2 | 23.1 | |
| HDGC-25-205 | 18.5 | 19.0 | 0.5 | 11.8 | |
| HDGC-25-205 | 29.0 | 30.0 | 1.0 | 4.1 | |
| HDGC-25-205 | 51.0 | 53.2 | 2.2 | 5.4 | |
| Including | 52.5 | 52.7 | 0.2 | 30.7 | |
| HDGC-25-207 | 4.0 | 6.3 | 2.3 | 4.4 | |
| Including | 6.1 | 6.3 | 0.2 | 13.5 | |
| HDGC-25-207 | 12.7 | 14.4 | 1.7 | 2.2 | |
| Including | 14.2 | 14.4 | 0.2 | 9.6 | |
| HDGC-25-207 | 23.5 | 27.0 | 3.6 | 2.7 | |
| Including | 26.7 | 27.0 | 0.3 | 14.2 | |
| HDGC-25-207 | 37.0 | 37.2 | 0.2 | 11.9 | |
| HDGC-25-207 | 42.3 | 42.5 | 0.2 | 21.3 | |
| HDGC-25-207 | 59.0 | 62.0 | 3.0 | 1.1 | |
| HDGC-25-268 | 24.3 | 26.5 | 2.2 | 9.2 | |
| HDGC-25-268 | 29.4 | 31.0 | 1.6 | 8.9 | |
| HDGC-25-269 | 4.8 | 9.0 | 4.2 | 7.7 | |
| Including | 7.4 | 7.9 | 0.5 | 18.3 | |
| Including | 8.8 | 9.0 | 0.2 | 37.0 | |
| HDGC-25-269 | 13.7 | 13.9 | 0.2 | 11.7 | |
| HDGC-25-269 | 17.2 | 24.9 | 7.7 | 3.2 | |
| Including | 19.2 | 19.4 | 0.2 | 40.3 | |
| Including | 26.0 | 27.0 | 1.0 | 5.4 | |
| HDGC-25-270 | 21.5 | 34.0 | 12.5 | 1.8 |
Lengths reported relative to core access are estimated to be approximately
Table 2. Drill Hole Data
| Drillhole ID | Easting | Northing | Elevation | Total Length | Azimuth | Dip |
| HDGC-25-146 | 554849.8 | 5489098.4 | 185.5 | 37.0 | 180.0 | -45 |
| HDGC-25-150 | 554840.2 | 5489102.4 | 184.8 | 46.0 | 180.0 | -60 |
| HDGC-25-151 | 554779.6 | 5489135.0 | 187.6 | 64.0 | 180.0 | -60 |
| HDGC-25-152 | 554840.1 | 5489101.9 | 184.9 | 43.0 | 180.0 | -40 |
| HDGC-25-152A | 554840.1 | 5489100.8 | 184.9 | 16.0 | 180.0 | -45 |
| HDGC-25-154 | 554791.1 | 5489110.0 | 185.8 | 43.0 | 180.0 | -60 |
| HDGC-25-156 | 554791.0 | 5489109.0 | 186.5 | 52.0 | 180.0 | -45 |
| HDGC-25-158 | 554790.2 | 5489118.6 | 186.0 | 55.0 | 180.0 | -60 |
| HDGC-25-160 | 554800.2 | 5489112.9 | 185.2 | 52.0 | 180.0 | -60 |
| HDGC-25-162 | 554801.0 | 5489105.4 | 185.2 | 58.0 | 180.0 | -60 |
| HDGC-25-163 | 554789.9 | 5489130.7 | 189.4 | 58.0 | 180.0 | -60 |
| HDGC-25-164 | 554800.9 | 5489103.6 | 185.3 | 55.0 | 180.0 | -45 |
| HDGC-25-165 | 554780.6 | 5489114.2 | 186.6 | 49.0 | 180.0 | -60 |
| HDGC-25-166 | 554809.8 | 5489109.8 | 184.6 | 55.0 | 180.0 | -45 |
| HDGC-25-167 | 554780.7 | 5489113.8 | 186.7 | 43.0 | 180.0 | -45 |
| HDGC-25-168 | 554809.8 | 5489110.6 | 184.4 | 55.0 | 180.0 | -60 |
| HDGC-25-169 | 554769.3 | 5489114.3 | 190.0 | 43.0 | 180.0 | -60 |
| HDGC-25-170 | 554809.8 | 5489111.1 | 184.5 | 40.0 | 0.0 | -45 |
| HDGC-25-172 | 554819.7 | 5489108.0 | 184.3 | 46.0 | 180.0 | -60 |
| HDGC-25-173 | 554800.3 | 5489146.0 | 189.5 | 67.0 | 180.0 | -60 |
| HDGC-25-174 | 554819.8 | 5489104.1 | 184.3 | 43.0 | 180.0 | -60 |
| HDGC-25-175 | 554800.0 | 5489136.2 | 190.1 | 61.0 | 180.0 | -60 |
| HDGC-25-176 | 554819.8 | 5489103.1 | 184.7 | 52.0 | 180.0 | -60 |
| HDGC-25-177 | 554800.1 | 5489135.7 | 190.3 | 58.0 | 180.0 | -48 |
| HDGC-25-178 | 554830.1 | 5489100.3 | 184.5 | 40.0 | 180.0 | -45 |
| HDGC-25-179 | 554809.7 | 5489150.4 | 189.9 | 76.0 | 180.0 | -60 |
| HDGC-25-181 | 554809.5 | 5489142.0 | 191.0 | 70.0 | 180.0 | -60 |
| HDGC-25-183 | 554809.6 | 5489141.1 | 191.0 | 67.0 | 180.0 | -45 |
| HDGC-25-184 | 554839.5 | 5489159.1 | 189.7 | 31.0 | 180.0 | -45 |
| HDGC-25-187 | 554830.1 | 5489161.3 | 189.4 | 12.4 | 180.0 | -60 |
| HDGC-25-188 | 554847.4 | 5489166.9 | 189.3 | 46.0 | 180.0 | -45 |
| HDGC-25-189 | 554830.0 | 5489151.9 | 190.5 | 67.0 | 180.0 | -60 |
| HDGC-25-190 | 554840.6 | 5489147.7 | 193.1 | 58.0 | 180.0 | -60 |
| HDGC-25-191 | 554809.6 | 5489169.7 | 185.8 | 10.0 | 180.0 | -60 |
| HDGC-25-192 | 554840.5 | 5489147.0 | 193.1 | 52.0 | 180.0 | -45 |
| HDGC-25-193 | 554799.8 | 5489155.9 | 188.2 | 64.0 | 180.0 | -60 |
| HDGC-25-194 | 554861.1 | 5489149.9 | 193.9 | 31.0 | 180.0 | -60 |
| HDGC-25-195 | 554810.0 | 5489158.8 | 189.4 | 64.0 | 180.0 | -60 |
| HDGC-25-196 | 554870.0 | 5489162.5 | 193.1 | 7.0 | 180.0 | -60 |
| HDGC-25-197 | 554820.0 | 5489140.9 | 193.0 | 67.0 | 180.0 | -60 |
| HDGC-25-199 | 554820.0 | 5489140.7 | 193.2 | 65.0 | 180.0 | -48 |
| HDGC-25-203 | 554820.1 | 5489156.4 | 190.0 | 45.0 | 180.0 | -60 |
| HDGC-25-205 | 554819.7 | 5489150.8 | 190.6 | 64.0 | 180.0 | -60 |
| HDGC-25-207 | 554830.0 | 5489152.2 | 190.4 | 70.0 | 180.0 | -60 |
| HDGC-25-268 | 554860.1 | 5489068.2 | 193.2 | 31.0 | 0.0 | -45 |
| HDGC-25-269 | 554848.4 | 5489054.2 | 194.3 | 31.0 | 315.0 | -50 |
| HDGC-25-270 | 554843.4 | 5489034.8 | 194.1 | 34.0 | 315.0 | -50 |
Qualified Person
Exploration activities at the Hammerdown Gold Project are administered on site by the Company's Exploration Manager, Larry Pilgrim, P.Geo. In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Larry Pilgrim, P.Geo. Exploration Manager, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on its exploration projects.
Analytical Procedures
All samples assayed and pertaining to this press release were completed by Eastern Analytical Limited (EAL) located at Springdale, Newfoundland and Labrador. EAL is an ISO 17025:2005 accredited laboratory for a defined scope of procedures. EAL has no relationship to Maritime Resources. Drill core samples are collected from NQ sized diamond drill core and sawn in half. The half core samples are delivered in sealed plastic bags to EAL by Maritime field crews where they are dried, crushed, and pulped. Samples are crushed to approximately
About Maritime Resources Corp.
Maritime (TSXV: MAE) (OTC Pink: MRTMF) is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. Maritime holds a
On Behalf of the Board:
MARITIME RESOURCES CORP.
Garett Macdonald, MBA, P.Eng.
President and CEO
Phone: (416) 365-5321
info@maritimegold.com
www.maritimeresourcescorp.com
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Caution Regarding Forward Looking Statements:
Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 - Continuous Disclosure Obligations. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects", "intends", "indicates" "plans" and similar expressions. Forward-looking statements include, but are not limited to, statements concerning the Hammerdown mineralization, its' metallurgical response, precious metal extraction based on the ongoing metallurgical testwork, sampling programs, the grade control drilling program, location and grade of underground workings and backfill material, amongst other things, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. All forward-looking statements and forward-looking information are based on reasonable assumptions that have been made by the Company in good faith as at the date of such information. Such assumptions include, without limitation, the price of and anticipated costs of recovery of, base metal concentrates, gold and silver, the presence of and continuity of such minerals at modeled grades and values, the capacities of various machinery and equipment, the use of ore sorting technology will produce positive results, the availability of personnel, machinery and equipment at estimated prices, mineral recovery rates, and others. Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the ability of the Company to continue to be able to access the capital markets for the funding necessary to acquire, maintain and advance exploration properties or business opportunities; global financial conditions, including competition within the industry to acquire properties of merit or new business opportunities, and competition from other companies possessing greater technical and financial resources; difficulties in advancing towards a development decision and executing exploration programs on the Company's proposed schedules and within its cost estimates, whether due to weather conditions, availability or interruption of power supply, mechanical equipment performance problems, natural disasters or pandemics in the areas where it operates; increasingly stringent environmental regulations and other permitting restrictions or maintaining title or other factors related to exploring of its properties, such as the availability of essential supplies and services; factors beyond the capacity of the Company to anticipate and control, such as the marketability of mineral products produced from the Company's properties; uncertainty as to whether mineral resources will ever be converted into mineral reserves once economic considerations are applied; uncertainty as to whether inferred mineral resources will be converted to the measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied; government regulations relating to health, safety and the environment, and the scale and scope of royalties and taxes on production; and the availability of experienced contractors and professional staff to perform work in a competitive environment and the resulting adverse impact on costs and performance and other risks and uncertainties, including those described in each MD&A of financial condition and results of operations. In addition, forward-looking information is based on various assumptions including, without limitation, assumptions associated with exploration results and costs and the availability of materials and skilled labour. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, Maritime undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248735
FAQ
What are the most significant gold intercepts from MRTMF's Hammerdown drilling program?
How extensive was MRTMF's grade control drilling program at Hammerdown?
What was the average grade found in the historical mining backfill at Hammerdown?
Where is the Hammerdown Gold Project located?
