Maritime Resources Corp. (TSXV:MAE) announced the completion of its 2013 field program at the Green Bay gold project in Newfoundland and Labrador, Canada. Very positive results have now been received from both the surface trenching program and from the mine water sampling. Channel sampling across the vein encountered high grade gold values.
As quoted in the press release:
Channel sampling across the vein encountered high grade gold values, similar to those observed in the 2012 discovery. Assays of 42.54 g/t Au over 0.40 metres (RCS-13-44), and 64.08 g/t Au over 0.2 metres (RCS-13-43) were returned from two of the easternmost channels. When averaged over 1.2 metres minimum mining width, these channels assayed 14.3 g/t Au and 11.2 g/t Au over 1.2 metres respectively. Full assay details are shown in the table below.
Maritime is also pleased to report that it has succeeded in initiating sampling from several levels of the flooded Hammerdown mine workings. This sampling will allow Maritime to determine stratification of water quality in the mine, and to anticipate whether treatment prior to release will be required once dewatering begins.
Maritime President and CEO, Eric Norton, said:
The results from this year’s trenching and water sampling programs have been successful in continuing to advance the Green Bay Gold project towards a restart of the Hammerdown mine. We are continuing to build upon the very encouraging NI 43-101 Resource Estimate that was completed earlier this year, by expanding the near surface, high grade gold resource. We have also now taken a good first step on our environmental due diligence work.