Maritime Resources Corp (TSX-V:MAE, OTC:MRTMF) President and CEO Garett Macdonald tells Proactive's Stephen Gunnion that a production decision will be made on the company's 100%-owned Hammerdown Gold Project in Newfoundland and Labrador in the new year.
Macdonald says a recent $3.7 million private placement will fund a 5,000-metre drill program currently underway at Hammerdown, as well as advance the remaining permitting.