{"id":1162716,"date":"2020-01-30T08:15:36","date_gmt":"2020-01-30T14:15:36","guid":{"rendered":"https:\/\/www.mining.com\/?p=1012396"},"modified":"2020-01-30T08:15:36","modified_gmt":"2020-01-30T14:15:36","slug":"maritime-expands-in-newfoundland","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1162716","title":{"rendered":"Maritime expands in Newfoundland"},"content":{"rendered":"<p>Maritime Resources (TSXV: MAE) announced its intentions to expand in Newfoundland, northeastern Canada.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>In a press release, the miner said it entered into an option agreement to earn a 100% interest in the Sprucy Pond property which is contiguous to its Hammerdown project.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Maritime&#8217;s management says it is evaluating high-grade gold prospects that are strategically located close to its Hammerdown project<\/p>\n<\/blockquote>\n<\/figure>\n<p>According to the Toronto-based company, the 6.25-square-kilometre Sprucy Pond property consists of 25 claim units owned by United Gold and G2B Gold on a 50\/50% basis. <\/p>\n<p>&#8220;Historical work on the Sprucy Pond property has uncovered abundant angular gold-bearing quartz-pyrite float, bearing a strong resemblance to the Hammerdown high-grade gold-quartz sulfide veins,&#8221; the media brief reads. &#8220;With the Sprucy Pond option, the company increases its land position a further 2.5 kilometres east along the Hammerdown mineralized\/structural trend.&#8221;<\/p>\n<p>Under the terms of the agreement, Maritime can earn 100% interest in Sprucy Pond over a two-year period by making cash payments totalling $60,000 and issuing 750,000 shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company wants to acquire the Sprucy Pond property which is contiguous to its Hammerdown project.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1162716"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1162716"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1162716\/revisions"}],"predecessor-version":[{"id":1162717,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1162716\/revisions\/1162717"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1162716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1162716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1162716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}