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Maritime Resources Corp.
Summary
| Project: | Green Bay | |
|---|---|---|
| Deposit: | Hammerdown | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 6-6-2018: Maritime Resources Corp. announces an Exploration/Drilling Update report for its Hammerdown deposit at the Green Bay project. Drilling results incl. 2.79m @ 29.13g/t Au from 36.43m. VANCOUVER, BC - Maritime Resources Corp. (MAE-TSX Venture, "Mar | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bernard Kahlert (Not stated) | |
| ABSTRACT: | VANCOUVER, BC - Maritime Resources Corp. (MAE-TSX Venture, "Maritime”) is pleased to announce the second set of drill results from the 2018 drill program. The drill program was designed to test the near surface gold potential of the J, K, L & M3 veins outlined from surface trenching program last fall. (see News Release MAE 17-12, November 16th, 2017) Numerous gold intersections were encountered in these drill holes, including 2.08 metres grading 20.94 g/t Au in the J Vein and 2.04 metres grading 29.13 g/t Au in the RM Vein, located immediately east of the Rumbullion Fault. A number of other high grade gold intercepts were also intersected, which are detailed in the Table of Assays, below. To date 1,700 meters of drilling has been completed in 31 drill holes designed to test the near surface potential of the unmined J, K L and M3 gold rich quartz/sulphide veins. These veins are immediately south of the historical open pit mining at Hammerdown (see figure below). The drill program tested the vein system down to 30 meters below surface with a goal to define a new mineral resource that could potentially be reviewed for open pit mining. The drill program to date has been successful in intersecting the targeted high-grade gold veins and allowed for the recognition of two new mineralized zones, the “QFP “and “I “zones. | |
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