Maritime Resources samples 71.9 g/t Au at Whisker Hill
MARITIME RESOURCES Corp. has started the work program at its newly acquired Whisker project located in Newfoundland’s Green Bay area, Canada. Initial trenching at the Ben prospect has led to the initial discovery of a 50-metre-long quartz vein with visible gold and base metal sulphides. The company’s vicepresident of exploration (Bernard Kahlert) collected three grab samples from a continuing trenching program returning grades ranging from 89.7 grams per tonne, 59.6 g/t and 71.9 g/t gold. The new vein system has now been exposed for over 250 metres and remains open in both directions. The base metal assays from the same samples returned up to 1.62 per cent copper and 19.7 per cent lead.
(See MAE Table 1 on page 15)
The new vein is closely associated with several other subparallel veins within the mineralized system. This system is composed of at least four robust base metal rich veins with scattered visible gold within a strong wall rock alteration envelope. Crews are currently working on detailed mapping and channel sampling across the entire vein system. A detailed airborne topographical survey has also been completed to assist with planning for follow-up geophysics and potentially drilling and to assist in structural interpretation.
Doug Fulcher, president and chief executive officer of Maritime, commented:
“We are pleased to have started the work program on the Whisker Hill gold project with a detailed mapping and initial trenching program. Trenching completed thus far has been successful in exposing a number of new veins over a strike extension of approximate 250 metres.
“The high-grade gold samples collected so far are similar to the original assays taken from last year (see attached table). The Whisker project sits approximately 10 kilometres by road from the Hammerdown project and has demonstrated some of the same high-grade gold that we have encountered at Hammerdown and Orion. It will be our intention to continue exploration at the Whisker property while the development of Hammerdown is under way.”
We seek Safe Harbor.
Erika Flores condensed this news release (firstname.lastname@example.org).
Maynard Elliott Brown, Douglas Allan Fulcher, Bernard Hans Kahlert, Peter Mercer, Eric William Norton, Andrew F Pooler, Allan William Williams
(MAE) Shares: 68,888,629