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Maritime Resources (TSXV:MAE) files technical report for its Hammerdown Gold Project

Mining
TSXV:MAE
07 October 2022 16:30 (EDT)

Maritime Resources (MAE) has filed an independent feasibility study technical report for its Hammerdown Gold Project.

The project is located in the Baie Verte mining district of Newfoundland and Labrador, Canada, near the towns of King’s Point and Springdale.

Prepared by JDS Energy & Mining Inc., the Technical Report has been filed in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Maritime added that it had closed the sale of a 1 per cent Net Smelter Return Royalty on its Lac Pelletier Property located in Quebec to Metalla Royalty & Streaming Ltd. (TSXV:MTA) for $300,000.

Maritime holds a 100 per cent interest- directly and subject to option agreements entitling it to earn 100 per cent ownership- in the Green Bay Property. 

Maritime Resources (MAE) is trading at C$0.05 at 4:40 pm ET.


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