July 17, 2024 - Heritage Mining Ltd. is pleased to announce that the Company has received a report entitled Orientation Survey for Spatiotemporal Geochemical Hydrocarbon Interpretation . The results of the report show a very positive correlation to existing gold mineralization on the property . Based on these positive results the Company will proceed in using SGH surveys to identify new targets as well as focus in on [...]
July 2, 2024 - Heritage Mining Ltd. is pleased to announce that it has closed the second tranche of its non-brokered private placement financing previously announced on June 12, 2024 . The Company raised an aggregate of $157,000.04 pursuant to Tranche Two, of which $107,000.00 was raised on the issuance of 2,140,000 units and $50,000.04 was raised on the issuance of 833,334 flow-through units . Each Unit was issued at a [...]
Heritage Mining is pleased to announce that it has closed the first tranche of its non-brokered private placement financing previously announced on June 12, 2024. The Company raised an aggregate of $593,003.96 pursuant to Tranche One, of which $362,000.00 was raised on the issuance of 7,240,000 units and $231,003.96 was raised on the issuance of 3,850,066 flow-through units. Each Unit was issued at a price per Unit of [...]
Heritage Mining Ltd. is pleased to announce that its $750,000 non-brokered private placement previously announced on June 12, 2024 is now fully subscribed. Peter Schloo, President, CEO and Director of Heritage, has subscribed for 2,430,000 Units at an aggregate purchase price of C$121,500. "We are immensely grateful for the unwavering support from current institutional holders, existing and newly welcomed stakeholders [...]
June 12, 2024 - Heritage Mining Ltd. is pleased to announce a $750,000 non-brokered private placement to fund its upcoming exploration program, and working capital. Non-Brokered Private Placement Pursuant to the Offering, the Company intends to issue up to: 10,000,000 units of the Company at a price of $0.05 per Unit, for aggregate gross proceeds of up to $500,000 . 4,166,666 Flow-Through units of the Company at a price [...]
June 3, 2024 - Heritage Mining Ltd. is pleased to announce the consolidation of a new land position within the Western Wabigoon totaling ~6,397 Ha through two asset acquisition agreements with PTX Metals Inc. and Shear Gold Exploration Corp. , forming the Scattergood project . The Company is also pleased to announce exploration plans for the SG project as well as a corporate update. Highlights: 1)Scattergood Project [...]
Heritage Mining Ltd. is pleased to announce the commencement of the 2024 exploration program at its flagship property Drayton Black Lake . The Company believes the progress achieved to date represents important milestones for systematic exploration in one of the last underdeveloped greenstone belts in Northwestern Ontario. Highlights DBL Target - Zone 3: 3D model for evaluation and confirmation drilling of the historical [...]
May 8, 2024 - Heritage Mining Ltd. is pleased to congratulate Treasury Metals Inc. on its recently announced business combination transaction with Blackwolf Copper and Gold Inc. . The Company believes this is a significant vote of confidence to one of the last underdevelopment greenstone belts in Northwestern Ontario, Canada. Select Transaction Highlights & Comments1 Potential Near-Term Gold Production at Treasury's [...]
Heritage Mining Ltd. is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2024 drilling and additional exploration program on its flagship Drayton-Black Lake Project. The program's primary focus will be to drill six priority targets at DBL. Click Image To View Full Size Figure 1: Drayton-Black Lake Target Areas "The permit approval is a confirmation of [...]
Heritage Mining is pleased to announce the appointment of two key advisors, Dr. Brett Davis and Paul Warren. The Company is also pleased to announce that further to the announcement on February 26, 2024 it has received in full the Ontario Junior Exploration Program grant totaling C$200,000 from the Ontario Ministry of Mines. Appointment of Key Technical Advisors Dr. Brett Davis Brett is widely regarded in the exploration [...]
Heritage Mining is pleased to announce that the board has approved the grant of incentive stock options pursuant to its stock option plan to certain directors, officers, and consultants to purchase up to an aggregate of 1,385,000 common shares in the capital of the company. The Options are exercisable at a price of $0.05 per common share and will expire three years from the date of grant. The Options are subject to the [...]
Heritage Mining is pleased to announce that it has been approved for the fourth tranche of a $200,000 grant from the Ontario Ministry of Mines under the Ontario Junior Exploration Program. OJEP Approval The Grant is the maximum amount available under OJEP for a junior mining company and was provided in respect of expenditures Heritage incurred in advancing its flagship Drayton-Black Lake Project during the period April [...]
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