FEBRUARY 2018 C ORPORATE D ISCLOSURE Disclaimer The information - - PowerPoint PPT Presentation

FEBRUARY 2018

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Disclaimer The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The company is an exploration stage mineral resource exploration company and none of its mineral projects have yet to be proven to be economic. The contents of this presentation is for information purposes only and does not constitute an offer to sell or a solicitation to purchase any securities referred to herein.

CORPORATE DISCLOSURE

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Forward-looking Statements This presentation includes certain forward-looking statements about future events and/or financial results which are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements include without limitation, statements regarding the company’s plans, goals

• r objectives and future exploration, development, potential mineralization, exploration results and future plans and objectives of Maritime.

Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “continue” or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from expectations include risks associated with mining generally and exploration stage projects in particular. Potential investors should conduct their own investigations as to the suitability of investing in securities of Maritime.

Bernard Kahlert, P. Eng, VP Exploration is the Qualified Person responsible for the technical content of this presentation. OPEN PIT FROM PRODUCTION IN 2000 BY RICHMONT

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COMPANY SUMMARY

Maritime has 100% ownership of the Green Bay property near Springdale, NL which contains three mineral deposits:

Development Projects:

➢ Past Producing Hammerdown Gold Mine

➢ The Orion Gold Deposit ➢ The Lochinvar Base-Precious Metals Deposit

Exploration Project:

➢ Option to earn 100% in the Whisker & El Strato gold

projects

Maritime has a single focus: To fast track the reopening of the HAMMERDOWN GOLD MINE

Bernie Kahlert, VP of Exploration at Hammerdown Mine’s first Gold Pour, 2000

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REGION & INFRASTRUCTURE

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Whisker Valley Project Hammerdown Project

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HISTORY AT HAMMERDOWN

➢ Discovered in early 1990’s by Commander

/Noranda

➢ Richmont Mining bought the project in 1999

based on a 200,000 oz inferred resource

➢ Richmont Mining owned Nugget Pond Mill and

required mill feed

➢ Richmont mined from 2000 to 2004

(Drilled 700+ holes into the deposit)

➢ Average mill head grade of 15.83 g/t Au ➢ Richmont’s cut-off grade was 8 g/t ➢ Shut down due to low gold price – average gold

price was approximately $300/oz during

• peration

➢ All of the ore was processed at the Nugget Pond

Mill with an average gold recovery of 97.1%

➢ Nugget Pond Mill is now owned and operated by

Rambler Metals

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Fine Ore Bin

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PRODUCTION HISTORY

Tonnes Grade (gr/t) Recovery Production (oz Au) 2000 Open Pit 17,504 15.85 96.38% 8,598 2001 U/G 53,818 20.72 95.42% 34,210 2002 93,451 16.02 98.62% 47,470 2003 90,125 13.47 96.82% 37,798 2004 35,282 13.52 97.30% 14,992 Total U/G 272,693 15.78 97.14% 134,400 Total 290,180 15.74 97.38% 142,998

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NOTE: Richmont had an 8 gram cut-off during production

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HAMMERDOWN GOLD MINE

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Moving Forward to Re-open Hammerdown Mine

Hammerdown Mine – Closed 2004 @ $300 Au Ready to Re-open @ $1,200 Au

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ACQUISITION OF THE GREEN BAY PROJECT

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➢ Maritime purchased 100% of the project from

Commander in 2010

➢ Drilled aprox. 7000 meters on Hammerdown and

Orion during 2011 & 2012

➢ Completed trenching program on Rumbullion

Extension in 2012

➢ Completed a 43-101 Resources released in June of

2013

➢ Entered into an Engineering and Evaluation Study

Agreement with Rambler Metals in 2016 to complete the PFS

➢ PFS completed March 2017 ➢ Rambler agreement opens the door for a toll

milling arrangement at Rambler’s Nugget Pond Mill (gold circuit at Nugget Pond is a stand-alone facility where past Hammerdown ore was processed)

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GOLD RESOURCES & OPPORTUNITY

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NI 43-101 Compliant Resource Completed in 2013 on Hammerdown & Orion

➢ 428,000 ounces of gold – M&I category at cut-off grade of 3 g/t Au ➢ 661,000 ounces of gold - Inferred category at cut-off grade of 3 g/t Au ➢ Both @ a 1.2 m minimum mining width

Category Tonnes Grade (g/t Au) Gold (Ounces) M&I Total 727,500 11.59 271,100 Inferred Total 1,767,000 7.68 436,000

HAMMERDOWN DEPOSIT*

Category Tonnes Grade (g/t Au) Gold (Ounces) M&I Total 1,096,500 4.47 157,500 Inferred Total 1,288,000 5.44 225,100

ORION DEPOSIT

Existing underground workings down to approx. 250 metres

* The Resource Estimate was prepared by Todd McCracken, P. Geo. of Tetra Tech, Sudbury, ON. Mr. McCracken is a qualified person and independent of the Company, as defined by section 1.5 of NI 43-101. Now updated by WSP in the PFS

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PROJECT PFS & ECONOMICS

COMPLETED APRIL 2017

➢

Based on gold price of $1,250 and exchange $C/$US $1.25

➢

PFS is based on Hammerdown M&I Resource alone,

• approx. 925,000 tons @ 10.6 grams

➢

Processing at 400 tonnes per day through tolling milling

• ption at the Nugget Pond Mill

➢

Life of Mine - 5 years

➢

Total estimated Capital Cost - $35M

➢

Total Development, Sustaining and Exploration - LOM $32M

➢

Production of Approximately 35,000 ounces per year

➢

Pre-tax NPV at 8% discount - $72 million, after - tax $44

➢

Pre-tax IRR - 47% , after tax 35%.

➢

Pay back in less than 2 years

➢

Cash cost $558 cdn. per ounce gold

➢

All in cash cost including capital cost - $955 cdn.

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OPPORTUNITIES FOR PFS & ECONOMICS

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➢ PFS currently utilizes approximately 1000 meters of the existing 4000 meters of

ramps, there is potential of utilizing more of existing ramp used in a revised mine plan.

➢ Additional resource growth through the development of the Inferred Resource

at Hammerdown, approximately 400,000 oz. gold sits within the existing mine plan.

➢ Open pit production from “J, K” Veins as well as both Rumbullion & Orion,

during the first years of operations

➢ Further studies to minimize dilution, and reduce preproduction development.

This work will be initiated once the portal has been reopened and refurbishing

• f the underground workings been inspected.

➢ Integration of ore pre-concentration at the mine site. This could potentially

allow for further optimization of mine production by reducing the amount of waste and improving the grade being delivered to the mill;

➢ All stationary and mobile equipment is purchased new. A re-examination of all

equipment will be completed with the goal to reduce capital.

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SHORT TIMELINE TO PRODUCTION

➢ Potential to re-open the past producing Hammerdown mine estimated

within 2 years

➢ Working with Rambler Metals to allows for a toll milling arrangement of

the Hammerdown ore to be processed at Rambler’s Nugget Pond Mill gold circuit

➢ Opening of the Portal is completed ➢ De-watering permit is under way, Recent water sampling has indicated

no complications

➢ Permitting to re-open the mine as a brownfields operation. Less than 600

TPD may not require Federal approvals

➢ Low capital requirement and time line to re-open the mine by using

existing underground development and using the existing mill and tailing ponds at Rambler’s Nugget Pond facilities

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looking southeast

➢ Historical Development: Approximately 4000 metres ➢ Historical Mined Stopes: 290,180 tonnes @ 15.74 g/t, 142,998 oz Au ➢ New Proposed Mine Stopes - (Diluted grade): 700,600 tonnes @ 7.96 g/t, 179,400 oz Au ➢ Inferred Resource: 1,600,000 tonnes @ 7.53 g/t, 377,000 oz Au (not included in the mine plan)

0 50 100

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UNDERGROUND WORKINGS

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BLUE SKY OPPORTUNITY

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RESOURCE EXPANSION POTENTIAL

➢ Rumbullion deposit

remains open for 800 m to northeast with some veins partially exposed and tested on surface

➢ Hammerdown faulted-

• ffset to southwest,

untested and anticipated at approximately 500 m depth

➢ Orion down plunge trends

to northeast with 1,500 m

• f untested ground and

believed to coalesce at depth with the Hammerdown Fault Offset

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BLUE SKY POTENTIAL RUMBULLION

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Muddy Shag Gold Zone

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UNTESTED GOLD POTENTIAL

TO NORTH EAST

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➢ Completed Geochemistry and Geophysics surveys showing numerous high priority targets ➢ Largely untested area between Rumbullion and Lochinvar ➢ Rumbullion remains open for 800 to 1000 meters to northeast with some veins partially exposed and tested on surface

Lochinvar has a non compliant NI 43-101 resource of approx. 450,000 tonnes of 8% zn equivalent

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RUMBULLION – RM VEIN

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96.7 g/t Au

• Outcrop containing RM-East Vein
• Trenching program complete

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BLUE SKY POTENTIAL ORION

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ORION GOLD DEPOSIT

HAMMERDOWN MINE

GOLDEN ANCHOR/ LOCHINVAR

DOWN PLUNGE POTENTIAL

MINING LEASE 227 MINING LEASE 237 MINING LEASE 191

➢ 1000 metre strike length tested with drilling ➢ Untested down plunge potential to northeast towards Hammerdown offset ➢ Drilling extent only to 300 metres vertical,

• pen at depth

OPEN AT DEPTH HAMMERDOWN OFFSET

Looking West

Captain Nemo Fault

Category Tonnes Grade (g/t Au) Gold (Ounces) M&I Total 1,096,500 4.47 157,500 Inferred Total 1,288,000 5.44 225,100

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2017 - PROPOSED PORTAL OPENING

Portal Opening and Dewatering:

Opening of the portal to gain access to the underground workings, with the dewatering programs planned for 2018

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TRENCHING AND SAMPLING

J, K, L VEINS

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➢ “J, K, L” veins have been exposed

for up to 50 meters and runs parallel to the past produced “M” vein.

➢ Historically “M” vein was bulk

mined from surface by open pit during first year of production.

➢ In 2000 Richmont milled 17,000

tonnes @ 15.85 g/t to produce ~ 8,600 ounces Au

“J” Vein “M” Vein

Channel Samples taken in 2017

J Vein range from – 3.5 g/t to 67.5 g/t K Vein range from – 11.7 g/t to 27.2 g/t L Vein – low grades on surface

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ARIAL PHOTO SHOWING OPEN PIT

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M Vein Pit Wall

J Vein K Vein L Vein

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PROPOSED DRILL PROGRAM

Proposed 3000 meter Drill Program during the Winter of 2018:

➢

Drilling of “J, K” veins close to surface under the exposed trenches, with the plan to look at the small open pit potential similar to the 1st year of production by

• Richmont. This produce 8600 ounces with in 20 meters of surface during first year
• f production.

➢

Drilling of the Inferred Resource within the Hammerdown and Rumbullion. Approximately 400,000 oz, in the Inferred category sits with in the mine plan area

➢

Drilling of the Hammerdown and Rumbullion North East Extension

Future Drill Program Planned:

➢

Orion Down Dip Extension – Approximately 1,500 metres to the North East that is untested to date

➢

Hammerdown Offset – Hammerdown is faulted off on the South West side, believed to coalesce at depth with Orion

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2018 PROPOSED PERMITTING

Permitting & Environmental Studies:

➢ Stantec Engineering has been engaged to work with

Maritime on all permitting to bring Hammerdown back into production.

➢ Environmental studies are underway - Completed

Terrestrial and Aquatic Baseline and Air Quality Monitoring, Water Sampling

➢ Continue working on the Environmental Assessment for

registration with the Newfoundland Government

➢ In the process of finalizing permits to dewater the historic

underground development

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WHISKER VALLEY PROJECTS

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Whisker Valley Project

Hammerdown Project

➢

Consisting of 3 parcels of land, Whisker Hill, El Strato, Strugglers Pond

➢

Access to the properties via the Baie Verte Hwy # 410

➢

• Approx. 2 km off highway

by Forestry road

➢

Access to Hammerdown is by existing Forestry roads ➢ Whisker Valley Projects sits approximately 10 km to the northwest of Hammerdown project and is now over 60 square km in size

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2017 TRENCHING & SAMPLING PROGRAM WHISKER HILL

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SAMPLE NUMBER GOLD g/t SILVER g/t COPPER % LEAD % 74601 89.7 310.0 0.10 1.5 74602 59.6 89.8 1.62 4.8 74603 71.9 251.0 1.48 19.7

Whisker Valley – 2017 Assays from grab samples

➢

Whisker Hill Sits approximately 10 km to the northwest of Hammerdown project and is over 52 square Kilometers in size

➢

Trenching has now exposed the Ben, Jackson and Gary veins to over 250 metres in total length

➢

Over 200 Channel Samples taken to date, with high value results to 87.03 g/t Au

➢

Access to Hammerdown is by existing Forestry roads

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EL STRATO CLAIM AREA

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Smugglers Pond Claims El Strato Claims

➢ El Strato Project is located on

the South West boundary of Whisker Project

➢ Historic Sampling on the

project has returned significantly high Gold, Silver, Copper and Zinc Values

➢ Chip Samples as high as 239.6

g/t Gold with Base Metal Values as high as 1.0% Cu, 7.7% Pb, 5.5% Zn and 1 oz Ag

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PROJECT AREA

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Maritime Resources Corp. Suite 615 – 800 West Pender Street Vancouver, BC, V6C 2V6 Doug Fulcher, President Tel (604) 336-7322 Fax (604) 684-0279 info@maritimegold.com

CONTACT INFORMATION