Maritime Resources Corp (Pre-Merger) - Mining Stock Analysis & Updates

Maritime Drills 49.4 gpt Gold over 2.6 Metres, Including 153.9 gpt Gold over 0.6 Metres at the Hammerdown Gold Project

Maritime Resources reports high-grade gold drill results at Hammerdown project, confirming mineralization and advancing project development.

Maritime Drills 5.5 gpt Gold over 29.8 metres, Including 73.0 gpt Gold over 1.5 metres at the Hammerdown Gold Project

Maritime Resources Announces Closing of $20 Million Brokered Private Placement Financing

Maritime Resources Corp. closed a brokered private placement raising $20,002,500, led by Paradigm Capital. Key investors include Eric Sprott and Dundee Corporation. The offering included 266.7 million units, each with shares and warrants, for exploration funding.

Maritime Announces Issuance of Shares in Satisfaction of Interest Payment Obligations

Maritime Resources announced the issuance of 2,573,090 common shares as interest payment for US$5,000,000 senior secured notes, totaling US$129,500. The shares were issued at C$0.072 each and are pending TSX Venture Exchange approval, involving a related party transaction with Dundee Corporation.

Maritime Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations

Maritime Resources plans to issue up to 3,593,750 common shares to satisfy US$5,000,000 in interest on senior secured notes, using the Secured Overnight Financing Rate for calculations. The issuance requires TSX Venture Exchange approval and involves a related party transaction.

Maritime Resources Announces Upsize of the Previously Announced Private Placement to $20 Million

Maritime Resources Corp. is increasing its private placement offering to issue up to 266.7 million units at $0.075 each, aiming for $20 million in gross proceeds. Key investors include Eric Sprott and Dundee Corporation. A 6% commission will be paid to agents.

Maritime Resources Announces an up to $15 Million Best Efforts Private Placement Financing

Maritime Resources Corp. has engaged Paradigm Capital Inc. for a private placement financing of up to $15 million, offering 200 million units at $0.075 each. Key investors include Eric Sprott and Dundee Corporation, with provisions for additional units and agent commissions.

Maritime Drills 19.9 gpt Gold over 17 Metres, Including 32.2 gpt Gold over 10 Metres at the Hammerdown Gold Project

Maritime Resources Corp. announces promising drill results from the Hammerdown Gold Project in Newfoundland, highlighting significant gold grades from various drill holes. The results support the vein model and identify additional mineralization for future mining.

Early Warning News Release Regarding the Securities of Emperor Metals Inc

Maritime Resources Corp. acquired 12.5 million common shares of Emperor Metals Inc. for $0.07 per share as part of a property purchase agreement, gaining approximately 10.8% ownership. The shares are subject to a 4-month holding period.

Maritime Completes Sale of Lac Pelletier Project to Emperor Metals

Maritime Resources Corp. has completed the sale of its Lac Pelletier gold project to Emperor Metals for 12.5 million shares, allowing Maritime to focus on its Hammerdown Gold Project while maintaining a significant stake in Emperor.

Maritime Drills 12 gpt Gold over 28.0 Metres Including 73.7 gpt Gold over 4 Metres at Hammerdown Gold Project

Maritime Resources Corp. announced positive drill results from the Hammerdown Gold Project, revealing high-grade gold intersections, including 12.0 gpt over 28.0m. The grade control program aims to refine geological models ahead of planned open-pit mining.

Maritime Announces the Start of Mineral Processing Operations at Pine Cove

Maritime Resources Corp. has begun mineral processing at the Pine Cove Mill, the only operational gold processing facility in Newfoundland and Labrador. The company completed plant upgrades, hired locally, and is processing over 50,000 tonnes of mineralized stockpile material.

Maritime Resources to Attend PDAC 2025 and Present at Canada's Atlantic Edge Event

Maritime Resources Corp. will attend the PDAC conference in Toronto from March 2-5, 2025, and will also participate in the Atlantic Edge event on March 4. Investors are invited to meet with management at Booth 2816 and attend a presentation by the CEO.

Maritime Drills 24.1 gpt Gold over 3.0 Metres at Its Hammerdown Gold Project

Maritime Resources Corp. announced positive drill results from the Hammerdown Gold Project, revealing high gold grades, including 24.1 gpt over 3.0 metres. The results support upcoming open pit mining plans and indicate significant gold presence in backfilled stopes.

Maritime Drills 41.6 gpt Gold over 6.3 Metres Including 127.5 gpt Gold over 2 Metres at Its Hammerdown Gold Project

Maritime Resources Corp. announced promising initial drill results from its Hammerdown Gold Project in Newfoundland, revealing high-grade gold intersections. The results support the project's potential for quick cash flow as preparations for mining and processing advance.

Maritime Announces Sale of Lac Pelletier Project to Emperor Metals

Maritime Resources Corp. announced the sale of its Lac Pelletier gold project to Emperor Metals Inc. for 12.5 million shares, aiming to enhance shareholder value by divesting non-core assets and focusing on projects in Newfoundland and Labrador.

Maritime Begins Crushing at the Pine Cove Mill and Provides Update on Restart Activities

Maritime Resources Corp. has begun crushing mineralized stockpiles at its Pine Cove gold processing facility in Newfoundland, aiming for a mill re-commissioning in January 2025. The facility has been on care and maintenance since March 2023, and the process will utilize 85,000-115,000 tonnes of material grading 1.1 grams per tonne gold.

Maritime Trench Sampling at Hammerdown Returns 49 gpt Gold Over 0.4 Metres Width Along a Strike Length of 45 Metres

Maritime Resources Corp. has announced the results of additional surface sampling at the Hammerdown Gold Project in Newfoundland and Labrador. The project is an advanced stage, high grade gold development project with completed permitting and access to the company's existing Pine Cove mill facility. The recent sampling program exposed high-grade gold mineralization, averaging 56 grams per tonne over 0.3m. Additionally, a trenching program has confirmed the high-grade nature of the deposit and the accuracy of the mineralized vein wireframes. The company sees this as an opportunity for low cost, high margin cash flow.

Maritime Resources Corp (Pre-Merger) Presentation Update - 2025-05-06 - Minimal updates to...

Maritime Resources' recent filing updates are minor, with no significant changes to financials, resources, or strategy, indicating stability in the company's outlook.

Maritime Resources Corp (Pre-Merger) Presentation Update - 2025-04-25 - Minimal Content Updates...

The report features minor, administrative updates with no material changes to financial data, resource estimates, or key operational details, maintaining overall content stability.