Heritage Mining Ltd. is pleased to announce the results from its Zone Three Extension exploration and prospecting program located in the southeast side of its flagship project Drayton Black Lake totalling ~18,907Ha. The program included 62.3km traversed, 185 outcrops described with 83 grab samples . The program was undertaken to provide on-the-ground clarity where possible of the contact between the Mafic Metavolcanics [...]
December 11, 2024 - Heritage Mining Ltd. is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2024/2025 Exploration Program on its wholly owned property Contact Bay. The program's permitted area and focus will be to scout drill the Rognon Mine area in addition to the previously planned Drayton Black Lake Exploration Program on Zone 3 and New [...]
Heritage Mining Ltd. is pleased to announce the claim package expansion at its flagship Drayton Black Lake based on experts recommendations Brett Davis and Dr. Gregg Morrison in addition to an update on the ongoing 2024 exploration program over the Ontario Project Portfolio. The Company believes the progress achieved to date represents important milestones for systematic exploration in one of the last underdevelopment [...]
Heritage Mining Ltd. is pleased to announce that it has closed the final tranche of its non-brokered private placement financing previously announced on September 23, 2024 . "We are thrilled to announce the oversubscribed closing of our non-brokered private placement. We have deployed capital towards planned exploration activities including ongoing drone mag and prospecting at Drayton Black Lake - Zone 3 as well as drone [...]
October 28, 2024 - Heritage Mining Ltd. is pleased to announce that it has executed an amendment to its option agreement dated November 25, 2021, as amended on December 29, 2023 , with Stillwater Critical Minerals Corp. in respect of the Company's Drayton-Black Lake Project. The Amendment modifies certain financial and operational obligations of Heritage contained in the Option Agreement. Key Terms of the Amendment: First [...]
Heritage Mining Ltd. is pleased to announce that further to its news release on September 23, 2024, Heritage has granted incentive stock options pursuant to its stock option plan to Altitude Capital Consultants Inc. to purchase up to an aggregate of 2,685,000 common shares in the capital of the company . The Options are exercisable at a price of $0.075 per common share and will expire five years from the date of grant [...]
Heritage Mining Ltd. is pleased to announce that it has closed the first tranche of its fully allocated non-brokered private placement financing previously announced on September 23, 2024. The Company raised an aggregate of $1,076,002.00 pursuant to Tranche One, of which $605,002 was raised on the issuance of 12,100,040 flow-through Shares and $471,000 was raised on the issuance of 9,420,000 units . Each Unit was issued [...]
Vancouver, October 14, 2024 - Heritage Mining Ltd. is pleased to announce that its previously announced non-brokered private placement on September 23, 2024, is now fully allocated. The offering was met with robust demand, including strong lead orders from management, the board of directors, existing institutions and high net-worth individuals, further demonstrating confidence in the Company's vision and strategic [...]
VANCOUVER, BC, September 23, 2024 - Heritage Mining Ltd. is pleased to announce the engagement with Altitude Capital Consultants Inc. . This strategic partnership aims to enhance the Company's market presence by providing capital market advice in respect of potential capital market strategies as it relates to all future financings and by reviewing and analyzing strategic opportunities for the Company. Heritage is also [...]
VANCOUVER, BC, September 20, 2024 - Heritage Mining Ltd. is pleased to provide an update of its 2024 drilling program at the Zone 3 prospect , at its flagship Drayton-Black Lake project . Highlights: Drilling at Zone 3 has identified intrusion-related gold mineralization; a new style of gold mineralization not historically recognized at Drayton-Black Lake Project . Quartz - sulphide veins are associated with the gold [...]
- Heritage Mining Ltd. is pleased to provide an update of its 2024 drilling program at the Zone 3 prospect , at its flagship Drayton-Black Lake project . Highlights: Drilling at Zone 3 has identified intrusion-related gold mineralization; a new style of gold mineralization not historically recognized at Drayton-Black Lake Project . Quartz - sulphide veins are associated with the gold mineralization at Zone 3, locally [...]
August 28, 2024 - Heritage Mining Ltd. is pleased to provide an update on the completion of its 2024 drilling program at the Zone 3 prospect , at its flagship Drayton-Black Lake project . Highlights: Visible Gold observed in hole one . Figure 2: Visible gold lies in a fracture within white vein quartz and is associated with pyrite, galena and possible molybdenite. The Company has intersected multiple zones of pyrite [...]
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