Maritime Resources Corp
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Maritime closes purchase of Nugget Pond gold circuit
As Maritime Resources (TSXV: MAE) completes a feasibility study for the past-producing Hammerdown gold project in Newfoundland and Labrador, the company has closed the purchase of the Nugget Pond gold circuit from Rambler Metals and Mining (AIM: RMM). This mill…
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Maritime discovers new gold-silver zone at Hammerdown
The most recent set of drill results from Maritime Resources’ past-producing Hammerdown gold project in Newfoundland suggests a new gold-silver discovery 150 metres east of the Hammerdown deposit. In addition, infill drilling at the Wisteria zone, along the southern edge…
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Maritime hits 31 metres of 2.9 g/t gold at Hammerdown
Maritime Resources has reported drill results from its past-producing Hammerdown gold project, which returned gold intersections within the proposed pit shell, outside of existing resources, and high-grade hits below the pit shell. Drilling targeting the Wisteria zone at the Hammerdown…
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MINING PEOPLE: Alexco, Benz, Canstar, Cross River Ventures, Maritime, SilverCrest, Troilus
Management appointments announced this week include: Paul Jones has joined Alexco Resource as senior VP of corporate development. Benz Mining has strengthened its senior executive team: Danielle Giovenazzo has been named VP of exploration, Xavier Braud is now head of corporate…
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GOLD-SILVER: Inomin shares jump on Mexico property acquisitions
MEXICO – Inomin Mines’ shares surged 15% on Monday following its recent property acquisitions to extend the company’s project portfolio beyond Canada. Last week, the Vancouver-based miner entered an agreement to acquire the La Gitana and Pena Blanca gold-silver projects in Mexico from…
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GOLD: Maritime hits high infill grades at Hammerdown
NEWFOUNDLAND AND LABRADOR – Infill drilling at Maritime Resources’ Hammerdown gold project has intersected high gold and silver grades within the footprint of the Hammerdown open pit outlined in this year’s preliminary economic assessment (PEA). Drill highlights include 2.5 metres…
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MINING PEOPLE: African Gold Group, Hudbay, Prime Mining, Torex, Radisson, Ucore Rare Metals
Management moves announced this week include: Danny Callow has been appointed president and CEO of African Gold Group; Callow was most recently the company’s COO. Edgar Barrios is now a senior mining consultant for Altamira Gold. Igor Gonzales has been appointed as…
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GOLD: Maritime starts drilling at Hammerdown
NEWFOUNDLAND AND LABRADOR – Maritime Resources has started an initial 10,000-metre diamond drill program at its 98-sq.-km Hammerdown gold project. This program will focus on testing prospective areas for new gold discoveries, growing the existing resource inventory and optimizing the…
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GOLD: Maritime expands in N.L.
NEWFOUNDLAND – Maritime Resources announced its intentions to expand in northeastern Canada. In a press release, the miner said it entered into an option agreement to earn a 100% interest in the Sprucy Pond property which is contiguous to its…
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GOLD: Maritime continues infill drilling at Hammerdown
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…
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GOLD: Maritime begins infill drilling at Hammerdown
NEWFOUNDLAND – Toronto-based Maritime Resources Corp. has begun infill drilling at its Hammerdown gold project 15 km northwest of Springdale. About 3,000 metres of drilling is planned in 19 holes designed to convert inferred to measured and indicated resources. The…
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GOLD: Maritime to make decision on Hammerdown this year
NEWFOUNDLAND – Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end. The past producing Hammerdown gold…
