Maritime Resources Corp. (TSXV: MAE) provided an update on exploration activities near the company’s 100% owned Hammerdown Gold Project in the Baie Verte mining district of Newfoundland and Labrador, Canada.
Garett Macdonald president and CEO commented, “Maritime’s 5,000m fall 2022 exploration programme is approximately 50% complete, with 13 drill holes drilled at the Area 22 target and six drill holes at the Orion deposit. Initial results from both areas are very encouraging with new mineralization encountered at Area 22 stretching over 500m in strike length, 100m vertically and remaining open in all directions.”
Drill Highlights
4.72g/t Au over 8.15m, including 10.4g/t Au over 3.67m in drill hole BB-22-203 (Orion)
1.38g/t Au over 27.79m, including 5.29g/t Au over 4.36m in drill hole BB-22-204 (Orion)
1.14g/t Au over 45.71m, including 4.66g/t Au over 6.0m in hole BB-22-205 (Orion)
2.98g/t Au over 8.4m, including 93.85g/t Au over 0.20m (Orion), re-sampled core intersection from 22.5-30.9 m in drill hole BB-20-114 (Orion Infill)
0.54g/t Au over 38.0m, including 0.71g/t Au over 23.0m in drill hole MP-22-219 (Area 22)
0.60g/t Au over 10.5m, including 19.1g/t Au over 0.2m in drill hole MP-22-220 (Area 22)
23.50g/t Au over 0.20m in drill hole MP-22-222 (Area 22)
Maritime is currently conducting a 5,000m diamond drill programme near Hammerdown, focusing on near-mine exploration targets along the 3km trend between the Orion project and the Golden Anchor zone.
“At the Orion project, the results have improved the continuity of a high-grade mineralized shoot within the larger deposit. Since the completion of the positive feasibility study for the Hammerdown Gold Project, the company’s exploration team has focused on identifying near mine exploration targets that could extend the project’s mine life. These results are very positive for our plans, and we look forward to additional results in the new year”. Garett added.
To find out more, please visit www.maritimeresourcescorp.com
