Infill Drill Results at Hammerdown Maritime Announces Infill Drill Results at Hammerdown
Toronto, Ontario--(Newsfile Corp. - July 11, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the assay results on 18 diamond drill infill holes completed at the Company's high-grade 100%-owned Hammerdown gold project near the town of King's Point in the Baie Verte Mining District, Newfoundland & Labrador.
Program Highlights: (For complete table of assay results and hole locations, refer to Tables 1 and 2 below)
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13.7 gpt Au over 1.2 m, including 18.0 gpt Au over 0.91 m in drill hole MP-19-64
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21.2 gpt Au over 1.2 m, including 28.0 gpt Au over 0.9 m in drill hole MP-19-64
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4.6 gpt Au over 4.8 m, including 15.1 gpt Au over 1.2m in drill hole MP-19-64
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5.0 gpt Au over 2.4 m, including 54.6 gpt Au over 0.2 m in drill hole MP-19-58
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3.5 gpt Au over 1.3 m, including 10.3 gpt Au over 0.5 m in drill hole MP-19-57
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9.9 gpt Au over 1.4 m, including 33.4 gpt Au over 0.4 m in drill hole MP-19-50
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10.0 gpt Au over 1.1 m, including 53.7 gpt Au over 0.2 m in drill hole MP-19-48
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15.0 gpt Au over 1.3 m, including 24.3 gpt Au over 0.3 m in drill hole MP-19-66
Reported core lengths represent 70-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling.
Hammerdown 2019 Infill Program
The 2019 infill program has been completed with a total of 19 diamond drill holes for 3,562 metres within the Hammerdown and Rumbullion deposit areas (Figure 1). The purpose of the 2019, and 2018, infill programs was to fill in specific gaps in the data in order to convert additional resources into the higher confidence Measured & Indicated categories from Inferred.
The 2019 drilling of the inferred resources at the Hammerdown gold deposit was successful in defining the continuity of a number of the gold veins in the hangingwall and footwall to the historical mining, as well as continuity of the vein system below the mined-out areas. It is important to note as well that the 2019 drilling also intersected an intensely altered and mineralized unit referred to as a sheared felsic volcanic (SFV). The SFV unit was also sampled in the 2018 drilling campaign and returned gold grades up to 3.54 g/t gold over 2.63 meters (See Maritime Press release June 4th., 2018). These lower grade intersections are significant in that they are close to surface, historically this unit was overlooked and not included in the mineral resources and may add additional ounces to the current Hammerdown resource.
Garett Macdonald, Maritime President & CEO, adds "Combined with the 2018 infill program we have 50 new infill drill holes totaling 5,294 metres that will inform an updated resource model for the Hammerdown gold project. The holes reported here successfully intersected a number of high-grade gold in sulphide/quartz veins at depths down to 250 metres vertical. In some cases, we encountered an intensely altered mineralized unit that was not adequately sampled in the year's when the mine was operated by Richmont Mines, when a mine cut-off-grade of 8.0 gpt Au was used. At current gold prices this type of mineralization may become an important part of any future mine plan".
Table 1. Significant Drill Hole Intersections - Hammerdown 2019 Infill Drill Program
| Drill Hole | From (m) | To (m) | Interval (m) | Au (gpt) |
| MP-19-48 | 12.20 | 13.30 | 1.10 | 3.82 |
| Includes | 12.70 | 12.90 | 0.20 | 20.97 |
| | | | | |
| MP-19-48 | 18.23 | 19.09 | 0.86 | 2.99 |
| Includes | 18.43 | 18.63 | 0.20 | 9.88 |
| | | | | |
| MP-19-48 | 24.66 | 25.93 | 1.27 | 3.09 |
| Includes | 25.23 | 25.43 | 0.20 | 18.67 |
| | | | | |
| MP-19-48 | 59.00 | 60.07 | 1.07 | 10.04 |
| Includes | 59.37 | 59.57 | 0.20 | 53.68 |
| | | | | |
| MP-19-49 | 67.97 | 69.20 | 1.23 | 2.97 |
| Includes | 68.47 | 68.70 | 0.23 | 15.80 |
| | | | | |
| MP-19-50 | 59.04 | 59.74 | 0.70 | 4.52 |
| Includes | 59.04 | 59.24 | 0.20 | 15.75 |
| | | | | |
| MP-19-50 | 85.32 | 85.52 | 0.20 | 3.93 |
| | | | | |
| MP-19-50 | 119.92 | 121.34 | 1.42 | 9.91 |
| Includes | 120.42 | 120.84 | 0.42 | 33.41 |
| | | | | |
| MP-19-50 | 172.00 | 172.19 | 0.19 | 3.04 |
| | | | | |
| MP-18-51 | 154.44 | 154.64 | 0.20 | 3.37 |
| | | | | |
| MP-18-51 | 189.40 | 191.23 | 1.83 | 4.36 |
| Includes | 190.92 | 191.23 | 0.31 | 12.15 |
| | | | | |
| MP-18-52 | 135.69 | 135.87 | 0.18 | 6.97 |
| | | | | |
| MP-18-52 | 172.48 | 173.39 | 0.91 | 6.55 |
| Includes | 172.48 | 172.88 | 0.40 | 11.98 |
| | | | | |
| MP-18-52 | 227.75 | 227.95 | 0.20 | 10.93 |
| | | | | |
| MP-19-53 | 117.11 | 118.31 | 1.20 | 6.74 |
| Includes | 117.61 | 117.81 | 0.20 | 40.40 |
| | | | | |
| MP-19-53 | 119.01 | 119.21 | 0.20 | 4.86 |
| | | | | |
| MP-19-53 | 119.71 | 120.90 | 1.19 | 4.88 |
| Includes | 120.02 | 120.22 | 0.20 | 23.87 |
| | | | | |
| MP-19-53 | 135.79 | 135.99 | 0.20 | 5.97 |
| | | | | |
| MP-19-54 | 67.82 | 68.02 | 0.20 | 9.71 |
| | | | | |
| MP-19-54 | 67.82 | 68.02 | 0.20 | 9.71 |
| | | | | |
| MP-19-54 | 144.31 | 144.66 | 0.35 | 9.06 |
| | | | | |
| MP-19-54 | 172.23 | 173.31 | 1.08 | 4.14 |
| | | | | |
| MP-19-55 | 43.10 | 44.12 | 1.02 | 3.34 |
| Includes | 43.42 | 43.62 | 0.20 | 16.94 |
| | | | | |
| MP-19-55 | 69.27 | 69.47 | 0.20 | 4.24 |
| | | | | |
| MP-19-55 | 105.57 | 106.87 | 1.30 | 4.48 |
| Includes | 106.37 | 106.57 | 0.20 | 27.05 |
| | | | | |
| MP-19-55 | 127.70 | 127.90 | 0.20 | 6.27 |
| | | | | |
| MP-19-55 | 137.53 | 138.30 | 0.77 | 5.40 |
| Includes | 137.83 | 138.03 | 0.20 | 19.44 |
| | | | | |
| MP-19-55 | 163.92 | 164.56 | 0.64 | 4.08 |
| Includes | 164.21 | 164.56 | 0.35 | 10.00 |
| | | | | |
| MP-19-56 | 132.35 | 132.70 | 0.35 | 4.32 |
| | | | | |
| MP-19-56 | 153.10 | 153.50 | 0.40 | 3.70 |
| | | | | |
| MP-19-57 | 66.61 | 67.95 | 1.34 | 3.49 |
| Includes | 67.00 | 67.45 | 0.45 | 10.29 |
| | | | | |
| MP-19-57 | 96.10 | 96.35 | 0.25 | 4.48 |
| | | | | |
| MP-19-58 | 51.45 | 51.65 | 0.20 | 3.23 |
| | | | | |
| MP-19-58 | 91.85 | 92.05 | 0.20 | 3.31 |
| | | | | |
| MP-19-58 | 127.60 | 127.85 | 0.25 | 7.59 |
| | | | | |
| MP-19-58 | 135.66 | 136.18 | 0.52 | 3.12 |
| | | | | |
| MP-19-58 | 141.31 | 143.71 | 2.40 | 5.02 |
| Includes | 141.31 | 142.50 | 1.19 | 9.66 |
| Includes | 141.31 | 141.51 | 0.20 | 54.57 |
| | | | | |
| MP-19-59 | 46.50 | 46.70 | 0.20 | 7.91 |
| | | | | |
| MP-19-59 | 48.78 | 49.00 | 0.22 | 8.24 |
| | | | | |
| MP-19-59 | 99.68 | 99.91 | 0.23 | 6.84 |
| | | | | |
| MP-19-59 | 170.26 | 170.46 | 0.20 | 3.70 |
| | | | | |
| MP-19-60 | 51.38 | 55.55 | 4.17 | 3.34 |
| Includes | 52.56 | 53.06 | 0.50 | 5.92 |
| Includes | 53.06 | 53.56 | 0.50 | 2.02 |
| Includes | 53.56 | 54.06 | 0.50 | 4.16 |
| Includes | 54.06 | 54.56 | 0.50 | 6.24 |
| Includes | 54.56 | 55.06 | 0.50 | 6.78 |
| | | | | |
| MP-19-60 | 73.50 | 73.87 | 0.37 | 6.84 |
| | | | | |
| MP-19-60 | 172.07 | 172.33 | 0.26 | 6.76 |
| | | | | |
| MP-19-60 | 185.31 | 187.07 | 1.76 | 4.32 |
| Includes | 185.31 | 185.51 | 0.20 | 10.43 |
| Includes | 186.51 | 186.77 | 0.26 | 6.88 |
| Includes | 186.77 | 187.07 | 0.30 | 11.16 |
| | | | | |
| MP-19-61 | 36.16 | 36.36 | 0.20 | 5.04 |
| | | | | |
| MP-19-61 | 95.50 | 98.07 | 2.57 | 2.42 |
| Includes | 96.30 | 96.80 | 0.50 | 3.39 |
| Includes | 96.80 | 97.42 | 0.62 | 3.15 |
| Includes | 97.87 | 98.07 | 0.20 | 5.00 |
| | | | | |
| MP-19-63 | 43.00 | 48.50 | 5.50 | 3.55 |
| Includes | 43.00 | 43.3 | 0.30 | 5.36 |
| Includes | 48.08 | 48.5 | 0.42 | 4.04 |
| | | | | |
| MP-19-63 | 65.64 | 65.99 | 0.35 | 7.21 |
| | | | | |
| MP-19-63 | 74.40 | 75.60 | 1.20 | 7.20 |
| Includes | 74.40 | 74.55 | 0.15 | 4.11 |
| Includes | 74.55 | 75.01 | 0.46 | 15.56 |
| | | | | |
| MP-19-64 | 53.94 | 55.14 | 1.20 | 13.70 |
| Includes | 53.94 | 54.85 | 0.91 | 17.96 |
| | | | | |
| MP-19-64 | 70.30 | 71.50 | 1.20 | 21.24 |
| Includes | 70.30 | 71.20 | 0.90 | 27.98 |
| | | | | |
| MP-19-64 | 106.72 | 108.01 | 1.29 | 3.39 |
| Includes | 106.72 | 107.10 | 0.38 | 8.20 |
| | | | | |
| MP-19-64 | 111.05 | 115.85 | 4.80 | 4.58 |
| Includes | 111.05 | 113.84 | 2.79 | 7.10 |
| Includes | 112.64 | 113.84 | 1.20 | 15.09 |
| | | | | |
| MP-19-65 | 94.00 | 95.23 | 1.23 | 4.08 |
| Includes | 94.98 | 95.23 | 0.25 | 15.74 |
| | | | | |
| MP-19-65 | 95.43 | 96.53 | 1.10 | 2.93 |
| | | | | |
| MP-19-66 | 10.73 | 12.06 | 1.33 | 6.99 |
| Includes | 11.63 | 12.06 | 0.43 | 20.89 |
| | | | | |
| MP-19-66 | 27.94 | 29.24 | 1.30 | 14.95 |
| Includes | 27.94 | 28.19 | 0.25 | 20.69 |
| Includes | 28.70 | 28.95 | 0.25 | 25.01 |
| Includes | 28.95 | 29.24 | 0.29 | 24.34 |
| | | | | |
| MP-19-66 | 73.19 | 74.49 | 1.30 | 7.90 |
| Includes | 73.69 | 73.99 | 0.30 | 34.16 |
| | | | | |
| MP-19-66 | 79.40 | 80.61 | 1.21 | 7.64 |
| Includes | 79.90 | 80.11 | 0.21 | 43.31 |
Reported core lengths represent 70-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling.
Table 2. Mine Grid Hammerdown 2019 Infill Drill Program - Hole Locations and Orientations
| Hole ID | Easting | Northing | Elevation | Hole Azimuth | Hole Dip | Length (m) |
| MP-19-48 | 5218.1 | 10074.2 | 9994.3 | 183.02 | -48.1 | 172 |
| MP-19-49 | 5188.2 | 10078.5 | 9994.3 | 183.72 | -53.8 | 115 |
| MP-19-50 | 5168.2 | 10075.4 | 9995.7 | 180.42 | -52.8 | 211 |
| MP-19-51 | 5118.6 | 10101.9 | 9991.6 | 176.72 | -53.1 | 235 |
| MP-19-52 | 5088.8 | 10114 | 9985.9 | 179.92 | -54.7 | 253 |
| MP-19-53 | 5068.8 | 10111.9 | 9985.9 | 180.72 | -53.9 | 199 |
| MP-19-54 | 5038.7 | 10105.9 | 9986.9 | 180.52 | -53.7 | 220 |
| MP-19-55 | 5137.3 | 10023.6 | 10004.2 | 177.72 | -52.6 | 187 |
| MP-19-56 | 5238.2 | 10057.9 | 9995.7 | 179.12 | -51 | 208 |
| MP-19-57 | 5257.2 | 10019.8 | 10001.2 | 186.32 | -52 | 175 |
| MP-19-58 | 4984.5 | 9859.9 | 10009.1 | 358.22 | -53.9 | 160 |
| MP-19-59 | 4964.4 | 9857.9 | 10011.2 | 3.82 | -54.9 | 220 |
| MP-19-60 | 5013.5 | 9806.7 | 10013.2 | 1.42 | -51 | 202 |
| MP-19-61 | 5357 | 9982.4 | 10001.4 | 151.42 | -49.5 | 145 |
| MP-19-62 | 5390.5 | 9959.3 | 10005.2 | 157.72 | -54.1 | 100 |
| MP-19-63 | 5466.1 | 9895 | 10017.7 | 330.12 | -50.5 | 190 |
| MP-19-64 | 5512.1 | 9914.7 | 10018 | 331.42 | -52.7 | 226 |
| MP-19-65 | 5481.6 | 10046.3 | 10008 | 157.12 | -44.3 | 169 |
| MP-19-66 | 5497.4 | 10059.6 | 10009.8 | 155.72 | -46.5 | 175 |
Figure 1. Plan View of 2019 Infill Diamond Drilling
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4548/46225_0eee4c08e4fc4880_002full.jpg
Analytical Procedures
All samples assayed and pertaining to this press release were completed by Eastern Analytical Limited ("EAL") located at Springdale, Newfoundland and Labrador. EAL is an ISO 17025:2005 accredited laboratory for a defined scope of procedures. EAL bears no relationship to Maritime Resources. Samples are delivered in sealed plastic bags to EAL by Maritime field crews where they are dried, crushed, and pulped. Samples are crushed to approximately 80% passing a minus 10 mesh and split using a riffle splitter to approximately 250 grams. A ring mill is used to pulverize the sample split to 95% passing a minus 150 mesh. Sample rejects are securely stored at the EAL site for future reference. A 30-gram representative sample is selected for analysis from the 250 grams after which EAL applies a fire assay fusion followed by acid digestion and analysis by atomic absorption for gold analysis. Other metals were analyzed by applying an acid digestion and 34 element ICP analysis finish. EAL runs a comprehensive QA/QC program of standards, duplicates and blanks within each sample