Whisker Valley Project

Maritime’s Whisker Valley gold exploration project is located within 10 kilometers and to the northwest of the Company’s Hammerdown Gold Project.  With the acquisition of 192 new claim units covering 4,800 hectares in 2019 Maritime’s current land holdings at Whisker Valley 610 claim units covering 15,250 hectares. The property is easily accessible from a series of forest access roads connected to the Baie Verte highway (HWY 410) located at the property’s western boundary. 

Geology, Structure and Mineralization

The property occurs within a major tectono-stratigraphic zone in the northeastern portion of the Appalachian orogeny of eastern North America. It is bounded by two major fault systems, the Baie Verte Fault Line to the west and the Green Bay Fault to the east. The Baie Verte Fault Line is a crustal-scale north-northeast striking fault system that separates obducted ophiolitic crust and underlying mantle from the Laurentian continental margin (Humber Zone) to the west with the diverse oceanic rocks of the Dunnage Zone of central Newfoundland to the east. Hydrothermal systems active during the Silurian Taconic orogeny are thought to be responsible for the deposition of epigenetic lode gold deposits in this region. Maritime recognizes the importance of these large-scale regional structures as conduits for the localization and transport of mineralizing fluids and secondary splay structures as the depositional environments for gold. 

Two mineralized corridors define the abundance of gold mineralization discovered to date on the Whisker Valley property, 1.) the Whisker Valley Trend and 2.) the Middle Arm Fault Trend.  The Whisker Valley mineralized corridor occurs within a north-south trending erosional window exposing Burlington Granodiorite between rhyolitic and felsic tuffaceous units of the younger King’s Point Volcanic Complex to the east and west. A significant number of gold bearing quartz veins and abundant mineralized float have been discovered along this north south corridor covering an area 3 km north-south by 1.5 kilometers east-west. It is believed that the mineralized corridor continues further to the north and south along the exposed Burlington Granodiorite window.