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Maritime Resources operates within a prime mining jurisdiction in Newfoundland & Labrador, Canada. The company is advancing the Hammerdown Gold Project and actively exploring across 450 km² of highly prospective land in the Baie Verte mining district. Maritime owns two gold processing facilities, Pine Cove and Nugget Pond, strategically placed assets providing flexibility and opportunities for toll milling.

News

October 9, 2024

Maritime Initiates Re-Commissioning Program at the Pine Cove Mill
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September 25, 2024

Maritime Announces Change of Chairman of the Board of Directors
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September 12, 2024

Maritime Announces Closing Of $8 Million Rights Offering Backstopped By Dundee
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Invest in Maritime Resources

Ranked in Top 10 globally By Fraser Institute

Newfoundland & Labrador, for investment attractiveness

Developing the Hammerdown Gold Project

Hammerdown Gold Project on path to production

Exploration Potential for Future Growth

Near mine exploration potential for long overall mine life and blue sky gold, VMS targets

The Only two Gold Mills in Newfoundland

Pine Cove mill and Nugget Pond gold circuit, located in the Baie Verte Mining District

Hammerdown Gold project

Hammerdown <span>Gold project</span>
  • 2000-2004 produced 133 koz @ 16.7 gpt Au
  • 2022 Feasibility Study
    • $128M NPV @ US$1850/oz
    • Capital costs ~ $75M1
    • AISC US$912 / oz
  • 272 koz @ 4.46 gpt Au Proven and Probable reserves2
  • Released from Environmental Assessment

Processing Facilities

Processing <span>Facilities</span>
  • Pine Cove mill – 1,300 tpd, fully permitted, tailings storage, port infrastructure
  • Nugget Pond mill – 700 tpd carbon in pulp gold circuit
  • Both mills located in the Baie Verte mining district

Exploration

Exploration
  • Near mine upside at Hammerdown
  • Advanced stage Orion, Stoger Tight and Deer Cove gold deposits
  • Whisker Valley high grade Au-Cu-Mo anomaly
  • Gull Ridge Ni-Co-PGM
  • Lac Pelletier project, Rouyn Noranda
Sustainability

Sustainability

As we progress the Hammerdown Project closer to development, we remain committed to exploring opportunities which promote regional economic growth and supporting local industry capacity, building and strengthening transferrable skills for future generations.

Maritime Resources 2022 Sustainability Report
Maritime Resources 2022 Sustainability Report