The M3 zone at the Hammerdown property outcrops with a grade of 8.65 g/t gold over 1.1 metre. (Image: Maritime Resources)
NEWFOUNDLAND – Maritime Resources Corp. has been infill drilling at its Hammerdown gold deposit near the town of King’s Point. The assays from 18 of 19 diamond drill holes in the program have been received.
Here are some of the results that Maritime highlighted:
- Hole MP-19-64 – 13.7 g/t gold over 1.2 metre, including 18.0 g/t over 0.91 metres; 1.2 g/t gold over 1.2 metres, including 28.0 g/t over 0.9 metre; and 4.6 g/t gold over 4.8 metres, including 15.1 g/t over 1.2 metre;
- Hole MP-19-58 – 5.0 g/t gold over 2.4 metres, including 54.6 g/t over 0.2 metres;
- Hole MP-19-57 – 3.5 g/t gold over 1.3 metre, including 10.3 g/t gold over 0.5 metre;
- Hole MP-19-50 – 9.9 g/t gold over 1.4 metre, including 33.4 g/t over 0.4 metre;
- Hole MP-19-48 – 10.0 g/t gold over 1.1 metres, including 53.7 g/t over 0.2 metre; and
- Hole MP-19-66 – 15.0 g/t gold over 1.3 metre, including 24.3 g/t gold over 0.3 metre.
The company says it has successfully defined the continuity of several gold veins in the Hammerdown hanging wall and footwall as well as below the mined out areas. The mine produced 143,000 oz. of gold from 2000 to 2004 when it was operated by Richmont Mines.
The Hammerdown deposit contains 925,670 measured and indicated tonnes at 10.60 g/t gold for 315,535 contained oz. plus 1.3 million inferred tonnes at 7.53 g/t gold for 376,984 contained oz.
Maritime is evaluating a Hammerdown operation that includes an open pit and ore sorting technology. Additional details are posted at www.MaritimeResourcesCorp.com.