Intersects 26.2 gpt Gold Over 4.0M
Maritime Resources Corp. (TSXV: MAE) has intersected high-grade gold announce in its ongoing exploration programme at the Hammerdown Gold Project located near the towns of King’s Point and Springdale, Newfoundland and Labrador.
Two diamond drill rigs are currently active at the Project completing infill and step out exploration on key targets at all deposits including Hammerdown, Orion and the Lochinvar VMS zone.
Highlights:
- Hammerdown Gold Deposit
- 9.46 g/t Au and 2.01 g/t Ag over 2.3 m, including 59.43 g/t Au and 45.90 g/t Ag over 0.4 m
- Orion Gold Deposit
- High grade interval of 26.2 g/t Au and 1.7 g/t Ag over 4.0 m, including 96.43 g/t Au and 5.97 g/t Ag over 1.1 m in newly identified structure.
- 1.78 g/t Au over 32.2 m, including 5.89 g/t Au over a width of 5.2 m starting 8.0 m below surface.
- 1.28 g/t Au and 0.24 g/t Ag over 25.8 m, including 3.93 g/t Au and 0.51 g/t Ag over 4.2 m.
- Lochinvar VMS Zone
- 0.85 g/t Au, 150.9 g/t Ag, 0.73% Cu, 3.33% Pb and 7.62% Zn over 11.6 m, including 0.74 g/t Au, 210.7 g/t Ag, 2.03% Cu, 10.64% Pb and 23.83% Zn over 2.5 m.
“Over the past few weeks our exploration program has begun branching out from our main Hammerdown gold deposit to test key targets along the five kilometre SW-NE geological trend to identify new sources of mineralisation that could add value to Hammerdown Gold Project,” President and CEO, Garett Macdonald, said.
“At the Orion deposit, located 1.5 kilometres SW of Hammerdown, recent drilling continues to define a wide zone of shallow mineralisation amenable to open pit mining and a potentially new style of structurally controlled, high grade mineralisation containing visible gold. We intend to follow up on these intersections with step out drilling to further evaluate these opportunities.
“To the east of Hammerdown, the Lochinvar VMS zone was drill tested and retuned two significant intersections of high-grade massive sulphide mineralisation including gold, silver, copper, lead and zinc. Lochinvar is an interesting target that is open in all directions. A new airborne VTEM and ZTEM survey is planned this month to cover both Hammerdown and Whisker Valley projects.”
