Maritime Resources Corp. (TSX VENTURE:MAE) reports that assay results have been
received from the 16-hole, 2,600 metre drill program at the Hammerdown deposit
near Springdale, NL. First results from the on-going trench sampling have also
been received. The 2012 field work is part of an extended program to establish
mineable gold resources on the Company's Green Bay Project at the Hammerdown
mine which closed eight years ago when gold was approximately $300 per ounce.
The programs were designed to test the projected westerly extension (the Muddy
Shag zone) of the known gold zones via drilling, and also to test the easterly
extension (the Rumbullion zone) using trenching and channel sampling. The drill
program has been successful in identifying an extension to the known gold zones
west of the former Hammerdown gold mine, while the trenching also identified a
very significant extension of high grade gold mineralization at surface to the
east.




--  Drilling highlights: holes 12-08 and 12-15 intersected 6.65 g/t Au over
    1.20 metres and 12.46 g/t Au over 2.41 metres respectively. 
--  Trenching and channel sampling encountered grades up to 96 g/t Au over
    0.30 metres and 53.93 g/t Au over 0.35m. 
--  Trenching has also confirmed an extension of the Hammerdown veins for a
    distance in excess of 300 metres to the east. 
--  Trenching and channel sampling is continuing at the property.



MUDDY SHAG DRILLING:

Drilling on the Muddy Shag zone commenced on June 18, 2012 and 16 diamond drill
holes totalling 2,600 metres were completed. The Muddy Shag drilling was
designed to follow up on historic drill results assaying 2 to 8 g/t Au. Once all
of the data is fully interpreted the identified veins may form parts of new ore
lenses at Muddy Shag. The existing Hammerdown mine decline lies in a footwall
portion of the Muddy Shag gold veins.




Key Drill Intersections:
---------------------------------------------------------------------------
Drill Hole                               From - To       Total      Average
Number         Zone                        (metres)    (metres)    g/t Gold
---------------------------------------------------------------------------
               MM Vein               21.30 - 22.50        1.20         6.65
MP-12-08       ------------------------------------------------------------
                     Including       22.05 - 22.50        0.45        17.43
---------------------------------------------------------------------------
               MM Vein             221.15 - 223.56        2.41        12.46
MP-12-15       ------------------------------------------------------------
                     Including     223.00 - 223.56        0.56        39.28
---------------------------------------------------------------------------
True thickness of all intersections reported above is estimated at 85% of
drilled interval length.



RUMBULLION TRENCHING:

Following completion of the drill campaign surface trenching commenced on the
Rumbullion zone, east of the Hammerdown mine. The mineralization at Rumbullion
has been known to come to surface and the intent of the trenching was to test
the on-strike extension. A total of six gold bearing veins have been identified
at Rumbullion, two of which have been partially mined at their western end, near
the Hammerdown workings. The trenching has exposed the RM and RO veins for up to
300 metres beyond the old workings. These veins remain open along strike and
trenching is continuing. This trenching program will allow for full
interpretation of the six vein systems and assist in establishing available gold
resources at East Rumbullion.


The table below outlines highlights of the first results of the channel samples.



Key Trench Intersections:
---------------------------------------------------------------------------
                                                          Total            
Trench                                      From - To    Length        Gold
Number     Easting     Zone                   (metres)  (metres)       (g/t)
---------------------------------------------------------------------------
                       RO Vein            0.40 - 1.60      1.20       13.95
R-1          5130E     ----------------------------------------------------
                           Including      0.85 - 1.15      0.30       53.56
---------------------------------------------------------------------------
                       RM Vein            2.20 - 3.40      1.20       11.06
R-2          5310E     ----------------------------------------------------
                           Including      2.70 - 2.90      0.20       62.55
---------------------------------------------------------------------------
                       RM Vein            0.90 - 2.00      1.10       19.27
R-3          5325E     ----------------------------------------------------
                           Including      0.90 - 1.25      0.35       53.93
---------------------------------------------------------------------------
                       RM Vein            0.40 - 1.60      1.20       28.06
R-4          5280E     ----------------------------------------------------
                           Including      0.70 - 1.00      0.30       96.58
---------------------------------------------------------------------------



None of these samples are from mined portions of the Rumbullion Vein system.
Drilling by Richmont Mines during the mining operation between 2000 and 2004
encountered numerous high grade gold intercepts at East Rumbullion. As these
were too far east of the active workings, they were not fully interpreted and
established into potential resources.


QA/QC:

Bernard H. Kahlert, P.Eng., is the Qualified Person as defined by National
Instrument 42-101 and has reviewed and approved the technical disclosure
contained in this release. Quality assurance and quality control procedures
include the systematic insertion of blanks and standards into the drill sample
string. Samples are placed in sealed bags and shipped directly to the Eastern
Analytical lab in Springdale, NL prior to gold fire assay.


The Company would like to acknowledge the financial assistance given to this
drill program by the Government of Newfoundland and Labrador through its Junior
Exploration Assistance Program at the Department of Mines.


Maps showing drill hole locations and trench / sample sites and full assay
results will be available on the Company's website.


On behalf of the Board of Directors,

Eric Norton, President & CEO

Statements in this press release, other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to all of the risks
and uncertainties inherent in resource exploration and development. As a result,
actual results may vary materially from those described in the forward-looking
statements.
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