Mr. Doug Fulcher reports

MARITIME ANNOUNCES CONTINUED HIGH GRADE GOLD RESULTS FROM DRILLING AT HAMMERDOWN

Maritime Resources Corp. has released the final set of drill results from the 2018 diamond drilling program at the Hammerdown gold deposit on the company's Green Bay properties. The company completed 1,733 metres drilling in 31 drill holes immediately south of the historical open-pit mining area. The program was designed to follow up on the unmined J, K, L and M3 gold-rich quartz/sulphide vein system that was outlined from a surface trenching program late 2017 and to test the mineralization in the top 30 metres below surface.

The goal of the program was to outline a new mineral resource that could potentially be evaluated as a start-up open-pit mining operation. If successful, this could potentially reduce the preproduction timeline as outlined in the prefeasibility study announced in March, 2017. During start-up of the original Hammerdown mine in 2000, Richmont produced about 8,500 ounces from the small open pit adjacent to the underground over a period of just four months.

Drill hole MP-18-39 intersected a 1.2-metre interval in the K1 vein grading 10.95 grams per tonne gold and hole MP-18- 42 cut a 1.44-metre vein grading 27.2 g/t gold. A number of other vein intercepts with significant gold values were also recorded and are included in the table of assays. All 31 drill hole traces are shown on the plan map on the company's website.

                  TABLE OF SIGNIFICANT ASSAYS

Drill               From            To         Width            Au
hole                 (m)           (m)           (m)         (g/t)

MP-18-31           22.85         23.88          1.03          6.66
includes           22.85         23.21          0.36         13.79
MP-18-31           26.75         29.00          2.25          2.11
MP-18-31           36.20         37.72          1.52          2.78
MP-18-34           29.83         31.03          1.20          3.12
includes           30.33         30.53          0.20         18.20
MP-18-36           73.11         74.07          0.96          2.96
MP-18-37           16.07         17.84          1.77          1.77
MP-18-39           68.50         69.70          1.20         10.95
includes           69.00         69.20          0.20         54.32
MP-18-42           12.20         13.64          1.44         27.20
includes           12.70         13.14          0.44         88.60
MP-18-42           14.53         16.29          1.76          3.87
includes           14.53         15.03          0.50          9.84
MP-18-44           41.22         42.58          1.36          1.99
MP-18-46           21.00         22.00          1.00          2.21
MP-18-47           12.59         14.11          1.52          3.36
includes           13.19         13.61          0.42         11.89

Drill core assays from the phase 1 diamond drill hole program reported 100 significant gold assay intercepts in the area immediately southwest and south of the historical open-pit mining. A number of the previously designated gold vein zones were intersected in the current program including the J, K, L and M3 vein system. The drilling also identified lower-grade zones (one to five g/t gold assays) newly designated as the SFV (sheared felsic volcanic) and QFP (quartz feldspar porphyry) which were not adequately sampled and assayed during the historical exploration and mining period. This newly identified lower-grade mineralization is close enough to surface to be captured into a new open-pit shell or smaller satellite shell.

The phase 1 drill hole collars have been surveyed and brought into the company's 3-D software to evaluate the continuity of zones. These results will be compiled along with the all the available historical drilling data in the area to determine if these new shapes can be used to establish a resource/reserve as an open-pit shell design.

About Maritime Resources Corp.

Maritime Resources holds 100 per cent of the Green Bay property, located near Springdale, Nfld. The property hosts the past-producing Hammerdown gold mine and the Orion gold deposit separated by a 1.5-kilometre distance that sits within an overall strike length of 4,000 metres.

Maritime announced a prefeasibility study (March 2, 2017) that evaluated the measured and indicated National Instrument 43-101 mineral resource estimate for the past-producing Hammerdown gold deposit. The study was completed by WSP Canada Inc., an independent third party engineering firm, with the mandate to evaluate the potential of bringing the past-producing gold mine back into commercial production.

Bernard H. Kahlert, PEng, is the qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical disclosure contained in this release.

We seek Safe Harbor.