Mr. Doug Fulcher reports

HIGH GRADE GOLD ASSAYS FROM JACKSON VEIN AT WHISKER VALLEY 13.66 G/T GOLD OVER A SAMPLE STRIKE LENGTH OF 34 METRES

Maritime Resources Corp. has released further results from the trenching and high-grade channel sampling program at the Whisker Valley project, located approximately 10 kilometres north of the company's Hammerdown gold mine.

The Jackson vein is located between the Ben and Gary veins (see news releases dated Nov. 29, 2017, and Dec. 7, 2017) within the trenched area that has now exposed the vein system for over 250 metres. High-grade gold assays were returned from both the Gary and Ben veins that sit on either end of the Jackson vein. The newly discovered vein system remains open in both directions along strike and at depth.

The Jackson vein has been exposed during the trenching program that was carried out this past fall and is represented by a robust series of gold- and base-metal-bearing quartz veins, containing localized occurrences of galena, pyrite and chalcopyrite and visible gold hosted in altered granitic rocks.

The Jackson vein has now been mapped over a total strike length of 82 metres with composited results from the most easterly 34-metre section of the vein returning a weighted average grade of 13.66 grams per tonne gold with an average vein width of 1.23 metres. Further trenching will be conducted in the spring of 2018 after the completion of the planned drill program to start in February of this year.

     DETAILED CHANNEL SAMPLES FROM JACKSON VEIN

Channel vein        Width         Au       Ag     Cu
                      (m)      (g/t)    (g/t)    (%)

Channel 20           1.70       4.35     4.92   0.05
Channel 21           3.20       6.92     6.25   0.06
Channel 22 B         0.53       5.53     4.25   0.04
Channel 23 B         1.43      10.64    14.77   0.11
Channel 24 A         1.07      23.88    18.20   0.28
Channel 25           0.79      20.70    19.32   0.21
Channel 26           0.76      24.42    34.18   0.06
Channel 27           0.36      14.34     3.68   0.03

Sampled over an exposed trenching length of 34 
metres.

The Jackson vein is the centre portion of the vein system and is part of the overall Whisker Valley gold vein system which includes the Ben, Gary and Jackson. The current trenching program has exposed these veins for over 250 linear metres with all mineralization fully open in both directions and at depth.

Channel assay results for the remaining Jackson vein and easterly portion of the Ben vein are anticipated and will be released over the next several weeks. There is significant visible gold with in the vein system, so a select number of samples are being reassayed using the metallic screen assay method for greater reliability.

Eastern Analytical procedures

All samples assayed and pertaining to this press release were completed by Eastern Analytical Ltd. (EAL) located at Springdale, Nfld. EAL is an ISO 17025:2005-accredited laboratory for a defined scope of procedures. EAL bears no relationship to Maritime Resources.

Samples are delivered in sealed plastic bags to EAL by Maritime field crews where they are dried, crushed and pulped. Samples are crushed to approximately 80 per cent passing a minus-10-mesh and split using a riffle splitter to approximately 250 grams. A ring mill is used to pulverize the sample split to 95 per cent passing minus 150 mesh. Sample rejects are securely stored at the EAL site for future reference.

A 30-gram representative sample is selected for analysis from the 250 grams after which EAL applies a fire assay fusion followed by acid digestion and analyses by atomic absorption for gold analyses. Other metals were analyzed by applying an acid digestion and 34-element inductively coupled plasma analysis finish. EAL runs a comprehensive quality assurance/quality control program of standards, duplicates and blanks within each sample stream.

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.

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 km distance that sits within an overall strike length of 4,000 metres. As well the Lochinvar base metals/precious metals deposit sits to the north end of the Rambullion.

The company recently announced a PFS (March 2, 2017) that successfully demonstrated a viable mining operation with low upfront capital and short timeline to the start of gold production.

We seek Safe Harbor.