MAE Maritime Resources Corp

Maritime Resources Corp. (TSX VENTURE:MAE) announces that field work has
commenced on the Orion Gold deposit area near Springdale, Newfoundland. A three
kilometre long grid has been laid out covering both the Orion deposit and the
mined Hammerdown gold deposit. Detailed magnetic and VLF-EM surveying is almost
50% complete over the 35 line km grid. A detailed Induced Polarization Survey
commenced October 15th. A drill program of approximately 4,000 metres is planned
to start by the end of October.


Both Orion and Hammerdown gold deposits are hosted by the Catchers Pond Volcanic
Sequence with associated Quartz Feldspar Porphyry (QFP) intrusives in a strong
deformation zone. The deposits are separated by a 1.5 km distance.


The Hammerdown gold deposit was successfully mined by Richmont Mines between
2000 and 2004; the rich gold bearing veins (16.5 g/t Au) being cut off by a
sharp fault between 250 and 300 metres depth.


The objectives of the current program are as follows:



--  Drilling to increase and upgrade the Orion inferred resource status. 
--  Drilling to extend the Orion deposit which is open down plunge and along
    strike. 
--  Future objective is drilling to search for the off-faulted Hammerdown
    gold veins. 



The early geophysical work now underway is designed to aid geological and
structural interpretation to assist in reaching the above objectives.


Resource Definition:

An initial Inferred Resource for the Orion Deposit has been calculated (as
detailed in a 43-101 Technical Report authored by Larry R. Pilgrim P. Geol) on
the basis of previous work completed on the property by Major General Resources
and Commander Resources between 1995 and 2002. A total of 45 NQ sized diamond
drill holes, spaced approximately 50 metres apart were used for the calculation.
An internal comparative evaluation using various cut-off grades and modeling
methods was done. The comparative resources were calculated using 3 different
cut-off grades (5, 3, and 1 g/t Au) and 2 different modeling methods (the
conventional polygon method and the inversed distance squared interpolated
blocks method). Comparative values, using the polygonal method, are shown in the
table below. In the comparative evaluation exercise a resource of 202,715
ounces, contained in 3,304,408 tonnes grading 1.968 g/t Au, could be achieved
using the interpolated blocks modeling method and a cut-off grade of 1 g/t Au.
The Inferred Resource was selected using a 3 g/t Au cut-off grade and the
polygonal modeling method, and consists of 119,374 ounces gold contained within
710,285 tonnes grading 5.227 g/t Au.




------------------------------------------------------------------------
Cut-off grade                            Average Grade    Contained gold
(g/t Au)                      Tonnes           (g/t Au)         (troy oz)
------------------------------------------------------------------------
5 g/t over 1.20 m            304,183             8.340            81,562
------------------------------------------------------------------------
3 g/t over 1.20 m            710,285             5.227           119,374
------------------------------------------------------------------------
1 g/t over 1.20 m          2,974,184             2.001           191,383
------------------------------------------------------------------------



Mr. L. R. Pilgrim 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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