They’ve initiated their 2022 exploration drill program.
Maritime Resources Green Bay, Whisker Valley and Gull Ridge properties are strategically located on the Baie Verte and Springdale Peninsulas, Newfoundland’s largest and most prolific mining district. This region hosts 15 past producing base metal and gold mines, 2 currently producing mines and 371 significant gold and base metal prospects. Despite the rich mineral endowment exemplified in this region, mineral exploration efforts in the past have been localized and sporadic in nature.
Maritime’s Green Bay, Whisker Valley and Gull Ridge properties straddle two major fault systems, the Baie Verte Fault Line and the Green Bay Fault. Hydrothermal systems generated during the Silurian Taconic orogeny are thought to be responsible for deposition of epigenetic lode gold deposits in this region. It is believed that these regional fault structures and closely related splay faults played a significant role in the formation of these gold deposits.
Maritime’s properties are strategically located to target the gold potential along this significant regional structural belt (BVL), that has juxtaposed a wide variety of rock types originating from a variety of depositional environments. This structural zone has geological and structural similarities to the world-class gold producing Destor-Porcupine and Cadillac-Larder Lake Gold Camps of Ontario and Quebec.
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