MAE Maritime Resources Corp

Maritime Resources Corp. (TSX VENTURE:MAE) has recently completed geophysical
surveys over the Orion-Hammerdown gold deposits and was successful in
identifying a number of favourable gold targets. In its first exploration
program since acquiring the Springdale area Orion deposit and nearby claims, the
Company completed 38.5 km Induced Polarization (I.P.) and 47.4 km of magnetic
VLF-EM surveying.


Two completely new targets have been developed and two others confirmed. The
survey covered a continuous 3 km strike length of the Hammerdown Deformation
Zone which covers both the Orion deposit and recently mined Hammerdown deposit.
Of particular interest, a deep I.P. anomaly has been located which appears to
have the signature of the Lower Hammerdown deposit which was faulted off to an
unknown location. This deep target is located about 500 metres to the southwest
of Hammerdown in an area not previously drilled.


The second new target is a 250 metre long shallow I.P. anomaly situated 50
metres south of the western end of the Orion deposit. This may also represent a
faulted block from Orion as it has a similar I.P. signature as this portion of
Orion.


Confirmation of geophysical continuity was received in the gap between the Orion
deposit and Orion West veins, marked by a 250 metre undrilled block between the
two zones. The presence of the Muddy Shag vein system situated immediately west
of the Hammerdown deposit was also confirmed. It was not mined in 2000 - 2004 as
the grade was too low when gold prices were about $300/oz.


The main target at the Orion gold deposit is the gold bearing vein system which
is down-plunge from the existing resources. This area was not tested by the
geophysical survey as it is already a priority drilling target.


Proposals for a drill program have been received and are now being reviewed. A
4,000 metre drill program is planned to start in January 2011.


Funding for this geophysical program was assisted by a grant provided by the
Government of Newfoundland and Labrador under its Junior Exploration Assistance
Program administered by the Department of Natural Resources.


Bernard Kahlert, P.Eng. is the Qualified Person as defined by National
Instrument 43-101 and has reviewed the technical disclosure contained in this
release.


On Behalf of the Board of Directors,

Eric W. Norton, President

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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