Maritime Resources Corp. (TSX-V: MAE) (OTCID: MRTMF) is pleased to announce the first gold pour from its Hammerdown Gold Project at the Company’s Pine Cove mill. Hammerdown and Pine Cove are located in the Baie Verte mining district of Newfoundland and Labrador near the towns of King’s Point and Baie Verte, respectively.

“The last time gold was poured from Hammerdown was in 2004 under Richmont Mines and 21 years later Maritime has repeated this significant achievement,” comments Garett Macdonald, President and Chief Executive Officer. “Bringing the Pine Cove mill back into operation after two years of care and maintenance, completing all project permitting and seeing the first gold poured from Hammerdown is the result of a tremendous effort by our team and the support of our shareholders, local communities and the Province.”

Construction of the Hammerdown Gold Project, including development of the open pit mine is well advanced, with crushed mineralization from the pre-stripping activities delivered and processed at Pine Cove resulting in the first gold poured from the project. After removing and replacing an aging material handling system, the mill is operating with feed sourced from the existing Point Rousse stockpile material, and more recently from crushed material received from Hammerdown.

Figure 1. Hammerdown First Gold

 Figure 2. Hammerdown Gold Project – Open Pit Development 

 Figure 3. Pine Cove Mill

Qualified Person

Exploration activities at Hammerdown are administered on site by the Company’s Exploration Manager, Larry Pilgrim, P.Geo. In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, Larry Pilgrim, P.Geo. Exploration Manager, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this press release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on its exploration projects.

Analytical Procedures

All samples assayed and pertaining to this press release were completed by Eastern Analytical Limited located at Springdale, Newfoundland and Labrador. EAL is an ISO 17025:2005 accredited laboratory for a defined scope of procedures. EAL has no relationship to Maritime. Drill core samples are collected from NQ sized diamond drill core and sawn in half. The half core 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 stream.

About Maritime Resources Corp.

Maritime is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. Maritime holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km² of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by Maritime in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit.