Hammerdown Mine Area Operation Might Start Up with Open Pit

Hammerdown Mine Area Operation Might Start Up with Open Pit

 

September 15, 2018 ~ On September 13th, Vancouver-based exploration company Maritime Resources Corp. announced the final set of drill results from their diamond drilling work this year at the ‘Hammerdown gold deposit’, located off King’s Point road (Route 391).

The company stated it completed “1,733 meters drilling in 31 drill holes immediately south of the historical open pit mining area.”

At the original start-up of the Hammerdown Mine 18 years ago, previous mine owner Richmont Mines operated a small open pit at the site.

Maritime stated a goal of drilling work this year was to potentially evaluate for a start-up open pit mining scenario. They added that if it were “successful, this could potentially reduce the preproduction timeline […]“.

This news is brought to you in part by By the Sea Cafe:

Historical Google Earth image (screen shot) of the Hammerdown site

 

Maritime Resources image – mine entrance is at the upper left. Previous open pit area is circled in bright green at the top of the image.
Maritime Resources image (taken from March 27 2018 news release) Richmont’s open pit is to the right

In the September 13th news release, Maritime Resources reported drilling results included “intercepts with significant gold values.”

Maritime Resources holds 100% of the ‘Green Bay Property’, which includes Hammerdown Mine as well as the Orion gold deposit.

Hammerdown mine was operated by Richmont Mines between 2000 and 2004.

Maritime announced in 2017 that a Prefeasibility Study successfully showed a mining operation again on the site is viable.

The entrance to the mine was re-opened in the Fall of 2017.

And this year Maritime Resources fought off a hostile takeover bid by Anaconda Mining.

Maritime Resources also holds a significant amount of ‘property’ in the Green Bay/Baie Verte Peninsula, in addition to the Hammerdown site. Read more on greenbayfeed.com:

Hammerdown Mine Owner Reports Gold at Other Green Bay Location

Mine Owner Now Has a LOT More Land Near King’s Point to Poke Around In

[TOP photo is a Maritime Resources image, taken from a news release]

Related articles on greenbayfeed.com:

Anaconda Has Stopped Effort to Take Over Hammerdown Mine

Hammerdown Owner Tells Shareholders to Take No Action

Anaconda Starts Maritime Take-Over Bid

Company Raised Another $1000000+ to Put Towards Green Bay Mine Reopening

Anaconda Wants Hammerdown Mine

Hammerdown Mine Owner Responds to Anaconda

Hammerdown Dewatering & Underground Drilling Plans

Springdale Forest Resources Drilling for Maritime

King’s Point Hammerdown Mine Project Now Has a Manager

Hammerdown Mine Near King’s Point: Entrance is Open