King’s Point Hammerdown Mine Project Now Has a Manager

King’s Point Hammerdown Mine Project Now Has a Manager

December 5, 2017 ~ Exploration company Maritime Resources has just announced it has appointed a Project Manager to oversee “the exploration and development to bring the Hammerdown Gold Mine Project back to production.”

Larry Pilgrim, P. Geo, a King’s Point resident, will now oversee ongoing exploration of the Hammerdown mine site as it moves into a preproduction phase. He will also oversee Maritime’s newly acquired “high grade gold property”, Whisker Valley.

The two projects are about 10 kilometres from each other and are said to be connected by a backcountry access road.

Larry Pilgrim was the Senior Geologist for Richmont Mines during the development of the Hammerdown Gold Mine in 2000. He worked there until the mine closed in 2004. He has more than 30 years of experience and is sliding over to Maritime from a position with Rambler Metals and Mining. For Rambler he managed large exploration programs and ore grade control, and participated in mine planning.

Doug Fulcher’s (Maritime’s President and CEO) comment from the news release:

“We are extremely excited to have Larry join our team. His knowledge of the Hammerdown deposit and historical operation will be invaluable as we move forward to reopen this mine. His professional network within the Newfoundland and Labrador region, with the local communities, government agencies and the local talented work force will be a valuable asset for the Company’s growth plans.”

Maritime Resources holds 100% of the ‘Green Bay Property’, located near King’s Point, Newfoundland and Labrador. The property has the past producing Hammerdown gold mine and the Orion gold deposit. During the four years of its operation, 291,400 tonnes of ore were mined and milled, recovering a total of 143,000 ounces of gold at an 8 g/t cut-off.

Maritime announced early in 2017 that a study successfully showed that the Hammerdown site could be a viable gold mining operation, with a short time line to production start. In November, waste rock was removed and the mine entrance was opened so that the underground infrastructure would be accessible for evaluation.

The Hammerdown operation is scheduled to run at a capacity of about 400 metric tons per day, with a five-year mine life. Ore mined at Hammerdown will be trucked and processed at Rambler’s Nugget Pond facility, located on the Baie Verte Peninsula.

[Top image is the Hammerdown Mine entrance – Maritime Resources photo]

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