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Friday, 02/10/2017 10:29:12 AM

Friday, February 10, 2017 10:29:12 AM

Post# of 15
MRTMF - Feb 2017 Presentation Updated -

MRTMF - Feb 2017 Technical Report and Resource Estimate
on the Green Bay Property,
Newfoundland, Canada

Hammerdown - The Permitting Begins -> Reactivation of a Past Producer

Past Producer and Near Term Opportunity at Hammerdown.

VANCOUVER, BC - Maritime Resources Corp. (MAE-TSX Venture, "Maritime") is pleased to announce that with the Prefeasibility Study ("PFS") well underway the Company has engaged independent Stantec Consulting Ltd. ("Stantec") to initiate the permitting process on Hammerdown, Rumbullion and Orion gold deposits located on the Company's Green Bay Property in Newfoundland and Labrador, Canada. As the Hammerdown mine recently closed in 2004 this is considered as a Brownfield status project with minimal environmental impact.

Stantec's scope of work will include the environmental planning and permitting required to support the re-activation of the past producing Hammerdown Mine.

About Stantec Consulting Ltd.:

Stantec employs approximately 22,000 employees working in over 400 locations across six continents. They collaborate across disciplines and industries to bring buildings, energy and resource, environmental, and infrastructure projects to life. Through more than 40 years of operation in Newfoundland & Labrador, Stantec has developed an Environmental Services team with extensive project experience which includes EAs, associated baseline and life-of-project environmental monitoring for mining projects and other industries.
Stantec's local team has been involved in projects throughout Newfoundland and Labrador, and across the country, providing in-depth understanding of environmental and regulatory issues, and associated solutions, relevant to Maritime's re-activation of the Hammerdown mine. In addition, Stantec's experienced mining engineering team provides Maritime with access to top notch expertise in this field, available if and when required.

About Maritime Resources Corp:

Maritime has engaged independent third party engineering firm WSP Canada Inc. ("WSP") to complete the PFS and evaluate the mining potential of the past producing Hammerdown deposit. The economic assessment and prefeasibility engineering is estimated to be completed by calendar Q4 2016.

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