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Maritime Resources Corp.

09:49 AM EST - Maritime Resources Corp. : Announced that a Prefeasibility Study has been initiated on the Company's Hammerdown, Rumbullion and Orion gold deposits that forms the basis of the Green Bay Property resource portfolio located in Newfoundland and Labrador, Canada. The PFS will be conducted on the NI 43-101 mineral resource estimate completed in May 2013 that contained a mineral resource estimate in excess of 425,000 ounces of gold in the Measured and Indicated categories and in excess of 660,000 ounces in the Inferred category, both at a 3 g/t cut-off grade. Maritime Resources Corp. shares V.MAE are trading unchanged at $0.15.