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Maritime Initiates Work Program at Whisker Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2018) - Maritime Resources Corp. (TSX...
About this update from New Found Gold Corp
[{"type":"text","content":"Maritime Initiates Work Program at Whisker Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - March 5, 2018) - Maritime Resources Corp. (TSXV: MAE) (\"Maritime\") is pleased to announce it is proceeding with work programs to advance the Whisker gold project located approximately 10 kilometres from our signature Hammerdown gold project located on the Green Bay Property in Newfoundland and Labrador, Canada. The work will commence immediately and will comprise of initial Geophysical program followed by approximately a 1000 metres drill program.Geophysical Program A detailed Induced Polarization (IP) program will commence at Whisker in early March. Approximately 15-line kilometres of surveying will be completed on 50 metre spaced lines over the new Whisker Valley vein system which has outlined a series of high grade gold veins as recently reported by Maritime. The gold veins carry disseminated pyrite and base metals sulphides which are detectable by the IP geophysical method.A previous regional Induced Polarization survey covered parts of the large property to the north of the Whisker Valley gold veins, however, the end of one of the lines crossed the eastern end of the vein system. This survey line gave a positive anomalous response directly over the veins and also indicated several anomalies in overburden areas nearby.The planned 2018 IP Survey is designed to test for the best portions of the vein system as known, as well as search for vein extensions to the east and west ends of the veins. The last vein exposures at the east and west ends were channel sampled with high grade gold results, however the vein exposures terminate in deepening overburden at both ends which could not be reached by trenches. Results of this work will prepare this vein system for drill testing. The other nearby IP Anomalies will also be detailed by this survey.The Whisker Valley project occurs on the Baie Verte Peninsula, an area well known historically for gold and base metal mineralization. More than 150 gold showings and prospects have been documented throughout the peninsula, two of which have developed into productive mines. Maritime's Whisker Valley Property is host to 30 of those prospects and showings where high grade gold has been documented in outcrop. The most recent work by Maritime in the White Face area was successful in exp...