Maritime Resources Corp. (TSXV: MAE) has commenced a diamond drill exploration programme at its 100% owned Hammerdown Gold Project in the Baie Verte mining district of Newfoundland and Labrador, Canada.
The company’s 5,000m drill programme is aimed at a series of shallow gold targets along a 3km stretch of the Hammerdown trend between the Orion and Golden Anchor gold zones.
Maritime’s President and CEO, Garett Macdonald comments, “Our fall 2022 drill programme follows on the positive feasibility study for the Hammerdown Gold Project and this summer’s discovery of near surface gold mineralization only 400m south of Hammerdown Deposit in a previously untested area called Area 22. The Maritime exploration team has expanded on the structural interpretation of the Project area drawing on the extensive diamond drilling, trenching and geophysical data collected over the past three years.”
The Area 22 target is a new discovery 400m south of Hammerdown that was identified this summer as part of a condemnation drilling programme for Maritime’s feasibility study.
“With our recently completed $3.7M private placement financing and a $0.3M royalty sale on the Lac Pelletier project, the Company will test opportunities at Area 22, Orion and Golden Anchor to increase the mineral resource base and advance the remaining Hammerdown permitting”. Garett added.
To find out more please visit www.maritimeresourcescorp.com