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Maritime Drills 4.72 gpt Au over 8.15 Metres, Including 10.4 gpt Au over 3.67 Metres at Orion
Toronto, Ontario--(Newsfile Corp. - December 7, 2022) - Maritime Resources Corp. (TSXV: MAE) ("M...
About this update from New Found Gold Corp
[{"type":"text","content":"Maritime Drills 4.72 gpt Au over 8.15 Metres, Including 10.4 gpt Au over 3.67 Metres at OrionToronto, Ontario--(Newsfile Corp. - December 7, 2022) - Maritime Resources Corp. (TSXV: MAE) (\"Maritime\" or the \"Company\") is pleased to provide an update on exploration activities near the Company's 100% owned Hammerdown Gold Project (\"Hammerdown\" or the \"Project\") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. Maritime is currently conducting a 5,000-metre diamond drill program near Hammerdown, focusing on near-mine exploration targets along the 3-kilometre trend between the Orion project and the Golden Anchor zoneHighlights4.72 grams per tonne (\"gpt\") Au over 8.15 m, including 10.4 gpt Au over 3.67 m in drill hole BB-22-203 (Orion)1.38 gpt Au over 27.79 m, including 5.29 gpt Au over 4.36 m in drill hole BB-22-204 (Orion)1.14 gpt Au over 45.71 m, including 4.66 gpt Au over 6.0 m in hole BB-22-205 (Orion)2.98 gpt Au over 8.4 m, including 93.85 gpt Au over 0.20 m (Orion), re-sampled core intersection from 22.5-30.9 m in drill hole BB-20-114 (Orion Infill)0.54 gpt Au over 38.0 m, including 0.71 gpt Au over 23.0 m in drill hole MP-22-219 (Area 22)0.60 gpt Au over 10.5 m, including 19.1 gpt Au over 0.2 m in drill hole MP-22-220 (Area 22)23.50 gpt Au over 0.20 m in drill hole MP-22-222 (Area 22)Garett Macdonald, President and CEO comments, \"Maritime's 5,000 metre fall 2022 exploration program is approximately 50% complete, with 13 drill holes drilled at the Area 22 target and 6 drill holes at the Orion deposit. Initial results form both areas are very encouraging with new mineralization encountered at Area 22 stretching over 500 m in strike length, 100 m vertically and remaining open in all directions. At the Orion project, the results have improved the continuity of a high-grade mineralized shoot within the larger deposit. Since the completion of the positive feasibility study for the Hammerdown Gold Project, the Company's exploration team has focussed on identifying near mine exploration targets that could extend the project's mine life. These results are very positive for our plans and we look forward to additional results in the new year\". Orion ProjectExploration at Orion is currently focused on additional definition drilling in the deposit's central corr...