MAE Maritime Resources Corp

Commander Resources Corp. (TSX VENTURE:CMD) ("Commander") and Maritime Resources
Corp. (TSX VENTURE:MAE) ("Maritime") report that they have entered into an
Exploration and Development Alliance ("Alliance") with London and Newfoundland
based Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ("Rambler"). The
Alliance will see the sharing of technical expertise for the exploration and
development of two main properties in the Green Bay area of Newfoundland and
Labrador. Both projects are in the advanced exploration stage.


AGREEMENT HIGHLIGHTS:



1.  Complete an economic assessment on reopening the Hammerdown Mine 

--  The Hammerdown Mine operated between 2000 and 2004 producing 157,000
    ounces of gold from 315,000 tonnes of ore at an average grade of 16.1
    g/t. The average price of gold during the four year operation was $275
    US per ounce 
--  All ore was trucked 175 km to Rambler's Nugget Pond Hydrometallurgical
    Facility with reported recoveries better than 95% 
--  The current focus will be targeting un-mined veins and remnant pillars
    that were uneconomical during production at low gold prices 

2.  Evaluate the mine potential of the Orion Deposit as a potential feed
    source for Nugget Pond 

--  Orion has a NI43-101 compliant inferred resource of 710,285 tonnes
    grading 5.227 g/t gold; providing 119,374 gold ounces in-situ 
--  Maritime is currently conducting a diamond drill exploration program
    focused on extending known mineralization while upgrading the resource
    category 
--  Exploration highlights from current drill program include 2.10 metres of
    7.47 g/t gold and 1.20 metres of 16.58 g/t gold 



The Alliance between Commander, Maritime and Rambler will see a sharing of both
operational and exploration expertise with the goal of advancing the Green Bay
Properties towards production. The first priority for the Alliance will be to
compile all existing information on the Hammerdown mine followed by an economic
assessment to determine how much of the un-mined material can now be profitably
mined, trucked and processed at today's gold price. Some of the remaining high
grade veins are in close proximity to existing workings while others may be
accessed via open pit which could improve the economics of the project in the
early years.


A quick start-up to production will be the primary focus, given the majority of
the infrastructure is already in place, but during the compilation some effort
will be made to evaluate the expansion of the old mine.


Eric Norton, President and CEO of Commander & Maritime states:

"Working in a cooperative manner with Rambler will help shareholders of both
parties optimize the value of their respective assets. The availability of a
mill locally, with a proven track record of high recoveries of gold from this
ore, has the potential to significantly accelerate the opportunity of early cash
flow to Maritime and Commander." 


Peter Mercer, VP Corporate Development, Rambler commented:

"The signing of this Alliance allows the marrying of Maritime's success in
exploration and Rambler's ability to develop projects from exploration all the
way through to production. In addition, through the Company's work at the Ming
Mine, it has developed particular expertise in evaluating and developing
brown-field sites which will be an asset when determining the economic potential
of re-opening the Hammerdown mine.


The Alliance also provides Rambler with the opportunity to bolster our potential
project pipeline and improve our ability to grow the Company over the longer
term."


The Green Bay Property:

The primary asset of the Green Bay property is the Orion gold deposit which was
first discovered by Commander Resources in 1995. While Orion itself is in the
advanced exploration stage the land package has already been host to one
profitable mining operation, the Hammerdown gold deposit, also discovered by
Commander's predecessor company, Major General Resources, partnership with
Noranda in 1989. Over the four years in operation Hammerdown produced nearly
315,000 tonnes of ore with an average grade of 16.1 g/t gold. All material was
trucked and processed at the Nugget Pond Hydromet facility where approximately
157,000 ounces were recovered representing a gold recovery better than 95%. The
average gold price while Hammerdown was in operation was $275 US per ounce
forcing a cut off grade of 6.9 g/t gold. While much of the original Hammerdown
Main zones were mined out, the owners at that time elected not to mine some of
the neighbouring veins due to the low price of gold. 


The Orion property is located within 2 kilometres of Hammerdown, 10 kilometres
off the Trans-Canada Highway, and is readily accessible via paved and dirt
roads. Orion is jointly owned by Maritime Resources and Commander Resources and
is operated by Maritime. Maritime has the right to increase its ownership to
100%, from 50%, by issuing an additional 5 million shares to Commander. The
property has over 15,000 metres of diamond drilling and a NI43-101 compliant
inferred resource of 119,374 ounces of gold from 710,285 tonnes at an average
grade of 5.227 g/t (using a 3 g/t cut-off grade).


Currently Maritime is managing a diamond drill program on Orion to evaluate the
potential of extending the known mineralization up-plunge to the southwest in
addition to some infill drilling to improve the existing resource. It is
anticipated that the next program will focus drilling on extending the Orion
deposit to the north-east. During this time Rambler will assist Maritime with
their evaluation so that future exploration programs will be geared toward the
goal of accelerated production.


Larry Pilgrim, P.Geo. is the Qualified Person responsible for the technical
content of this release.


On behalf of the Board of Directors,

Eric Norton, President & CEO

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