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Maritime Resources Stakes Black Ridge Property with Outcrop Grades of 8.8 gpt Gold, 198.6 gpt Silver and 10.3% Copper
Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Maritime Resources Corp. (TSXV: MAE) (O...
About this update from New Found Gold Corp
[{"type":"text","content":"Maritime Resources Stakes Black Ridge Property with Outcrop Grades of 8.8 gpt Gold, 198.6 gpt Silver and 10.3% CopperToronto, Ontario--(Newsfile Corp. - November 27, 2023) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) (\"Maritime\" or the \"Company\") is pleased to report it has staked the Black Ridge volcanic massive sulphide (VMS) target in Newfoundland and Labrador. Black Ridge is located at the southwest corner of the Company's land holdings, approximately 15 km from the Hammerdown Gold Project near the communities of King's Point and Springdale. The property is at an early stage of exploration but hosts several high-grade gold, silver and copper showings in outcrop, float and soil samples. HighlightsNewly staked claims cover 150 hectares of highly prospective VMS ground bringing Maritime's total exploration tenements to 43,925 hectares High grade gold, silver and copper from historical sampling in outcrop;10.0 grams per tonne \"(gpt)\" gold (\"Au\"), 219.2 gpt silver (\"Ag\") and 8.2% copper (\"Cu\")8.8 gpt Au, 198.6 gpt Ag, 10.3% Cu13.8 gpt Au, 161.0 gpt Ag, 3.2% Cu4.3 gpt Au, 130.1 gpt Ag, 6.8% Cu5.0 gpt Au, 69.5 gpt Ag, 2.8% CuUntested geophysical anomalies - electromagnetic conductor and property scale magnetic anomalySoil anomalies on the property containing up to 0.40 gpt Au, and 266 ppm Cu\"The Black Ridge Property is an important addition to Maritime's land holdings in the Baie Verte mining district. In recent years our adjacent mineral claims and have been covered by high resolution geophysical surveys and found to have numerous attractive geophysical targets and several high-grade surface showings,\" comments Garett Macdonald, President and CEO. Black Ridge Property DescriptionThe Black Ridge property is centrally located within the western boundary of Maritime's Gull Ridge Project (see Figure 1). The claims span the regionally significant Baie Verte Line, a major tectonic suture zone marking the collisional boundary between the Iapetan ocean and the Laurentian continental margin. The structure is host to numerous gold and base metal deposits and prospects and is central to Maritime's regional exploration focus.Two styles of mineralization were observed on the project in 2023 with the main showing consisting of thin lenses massive to semi-massive sulphides containing chalcopyrite, pyrite and bornite. Hi...