Heritage Mining - 2023 Program Update & Six New High-Grade Targets

(TheNewswire)

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VANCOUVER, BC TheNewswire - February 13, 2024 Heritage Mining Ltd. (CSE:HML ) ( FRA:Y66) (" Heritage " or the " Company ") is pleased to announce remaining drill results from its 2023 drill program at Alcona, New Millennium and Moretti in addition to six new high grade targets at its flagship Drayton-Black Lake Project (" DBL Project "). The Company is also pleased to announce that Heritage is now planning the Phase II exploration program to further define the deposit potential at Alcona and New Millennium.

2023 Exploration Program Highlights:

The 2023 exploration and drill program has confirmed the presence of multiple, extensive, structurally controlled and locally high-grade Au and Au-Ag Mineralized systems.

Prospecting program evaluated seven highly prospective areas advancing six to drill ready status for the 2024 exploration program.

Alcona Area, HML23-017: lower portion of the hole returned multiple anomalous narrow intervals 0.68 g/t Au over 4.9m from 138.25m, 0.63g/t over 2.5m from 149m, 1.98 g/t Au over 0.8m from 239.2m supporting a wide anomalous mineralized gold zone.

"We're proud to announce the success of our 2023 exploration program, which has positioned us for an exciting 2024. With six additional target areas upgraded to drill-ready status and high-grade precious and base metals identified, we're eagerly awaiting permits to further our exploration efforts on our flagship DBL Project.

Additional modeling and structural interpretation is underway to support a Phase II program at Alcona and New Millennium.

Our optimism for the junior exploration market remains high as we continue to unlock the potential of our projects and deliver value to our stakeholders." Commented Peter Schloo, President, CEO and Director

2023/2024 Prospecting Program

The Company evaluated seven additional targets areas within its flagship DBL Project, six of which have been moved to drill ready status. Additional prospecting and target workup will continue throughout 2024 of other historical targets as well as in between high priority target areas connecting the kilometers of potential strike length within our district scale project.

The high priority target areas all exhibit similar deposit scale characteristics making this an attractive and highly prospective project.

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The Table above includes historical Non 43-101 compliant information.

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Proposed exploration program for the areas below includes but is not limited to prospecting, stripping, IP and diamond drilling.

The Company looks forward to providing future updates on a target-by-target basis in the near term.

Alcona Area

Phase 1 2023 Alcona drill program results confirm widespread Au-Ag Mineralization hosted in broad (>200m) composite deformation zones. 2023 exploration program confirms the presence of extensive, structurally controlled and locally high-grade Au-Ag Mineral systems.

Additional modeling and structural interpretation is underway to support a Phase II program.

HML23-017 (Partial): Multiple anomalous narrow intervals 0.55g/t Au over 8m from 21m 0.68 g/t Au over 4.9m from 138.25m, 0.63g/t over 2.5m from 149m, 1.98 g/t Au over 0.8m from 239.2m

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New Millennium

At least two mineralized deformation corridors consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins.

New Millennium phase I drill program confirmed multiple narrow anomalous mineralized zones.

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Additional modeling, structural interpretation, drilling and exploration is recommended for this area.

Moretti

Mineralized deformation corridor over 2,500m of strike 500m wide consisting of discrete zones of deformed volcanic rocks and shear parallel quartz veins ranging from cm to meter scale.

Drill results for the remaining holes showed no significant mineralization. Additional drilling and exploration is recommended for this area to further understand the structural complexity and orientation and how this fits into the +10km Moretti deformation corridor.

Qualified Person

Mitch Lavery P. Geo, Strategic Advisor for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

ABOUT Heritage Mining LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo, CPA, CA, CFA

President, CEO and Director

Phone: (905) 505-0918

Email: peter@heritagemining.ca

For shareholder/investor inquiries please contact:

Investor Cubed Inc.

Neil Simon, CEO

Email: nsimon@investor3.ca

Telephone : (647) 258-3310

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company's estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations, including the volume of any deposit located in the Alcona area; risks related to government and community support of the Company's projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

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Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

Finlay Minerals Ltd . (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF), the "Company", is pleased to announce that the approved budget under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") 1 for both the PIL and ATTY Projects, has been increased to a total of $3.6 million .

Both projects are situated in the highly prospective Toodoggone District of British Columbia , which continues to develop as an important copper-gold (Cu-Au) district with significant potential for further discoveries.

Initially, the 2025 budget was set at a minimum of $750,000 for the PIL property and $500,000 for the ATTY property. However, these amounts have now been revised to up to $2.6 million for the PIL project and up to $1.0 million for the ATTY project. Both programs are fully funded under the Earn-In Agreements with Freeport . According to these agreements, Freeport may earn an 80% interest in each property by investing a total of $35 million in exploration expenditures and making cash payments totaling $4.1 million over/up to six years. ² Until the Finlay-Freeport Earn-In Agreements complete, Finlay owns 100% of both properties.

The PIL Property lies in the heart of the Toodoggone region and features several porphyry copper-gold (Cu-Au) targets, along with associated epithermal gold-silver (Au-Ag) mineralization. To date, 18 porphyry Cu ± Mo ± Au and porphyry-related low- and high-sulphidation epithermal Au-Ag occurrences have been outlined on the PIL Property. The PIL property is adjacent to Amarc Resources and Freeport-McMoRan's JOY Project, as well as TDG Gold Corp.'s Shasta/Baker and Sofia Properties. It is also situated 25 kilometres ("km") northwest of Centerra Gold's former Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

The ATTY Property covers 3,875 hectares of sub-alpine terrain in the southern Toodoggone region, an area known for significant porphyry copper-gold (Cu-Au) and epithermal gold-silver (Au-Ag) deposits. It is located between Centerra Gold's Kemess Project and the JOY Project, held by Amarc Resources and Freeport-McMoRan. The KEM target on the ATTY Property resembles the Kemess North Trend, which is home to the Kemess Underground and Kemess East deposits. Exploration will focus on the Wrich target, located near the copper geochemical anomaly at the SWT target on the JOY Property. This anomaly extends over 2 km and continues onto the ATTY Property for an additional 1.2 km to the southeast.

The 2025 programs at the PIL and ATTY are well underway with:

Detailed property-wide, 100 metre line-spaced airborne magnetic surveys completed on both properties;
Detailed geological and alteration mapping and expanded rock and soil sampling on up to 8 target areas on the PIL underway, with the ATTY expected to start by the end of July;
53 line-km of induced polarization ("IP") geophysical surveys planned on the PIL and 16 line-km on the ATTY, and
Finlay acting as the Operator on both properties.

Finlay's President and CEO, Ilona Lindsay , states :

"We are very pleased with the substantial increase in approved funding for both the PIL and the ATTY. This additional funding will allow us to identify and prioritize as many targets as possible for drilling in 2026."

References:

Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.
Finlay news releases NR 03-25 dated April 17, 2025 entitled: " Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: " Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "

Qualified Person:

Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

About finlay minerals ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com .

On behalf of the Board of Directors,

Robert F. Brown ,
Executive Chairman of the Board

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE finlay minerals ltd.

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Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing

(TheNewswire)

Vancouver, British Columbia TheNewswire - July 17, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing (the "Financing") for aggregate gross proceeds of $1,000,000.

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Hole_ID	Target	From	To	Au g/t	Length	Composite
HML25-003	New Millennium	18	20	1.78	2	2.0 m of 1.78 g/t Au
And	New Millennium	41	47	1.05	6	6.0 m of 1.05 g/t Au
And	New Millennium	71	74	1.77	3	3.0 m of 1.77 g/t Au
HML25-004	New Millennium	38	42	0.77	4	4.0 m of 0.77 g/t Au
HML25-006	New Millennium	52	65	0.23	13	13.0 m of 0.23 g/t Au
HML25-007	New Millennium	62.5	70.6	0.78	8.1	8.1 m of 0.78 g/t Au

Hole_ID	Target	From	To	Au g/t	Length	Composite
HML25-003	New Mellenium	18.0	20.0	1.78	2.0	2.0 m of 1.78 g/t Au
And	New Mellenium	41.0	47.0	1.05	6.0	6.0 m of 1.05 g/t Au
And	New Mellenium	71.0	74.0	1.77	3.0	3.0 m of 1.77 g/t Au
HML25-004	New Mellenium	38.0	42.0	0.77	4.0	4.0 m of 0.77 g/t Au
HML25-006	New Mellenium	52	65	0.23	13.0	13.0 m of 0.23 g/t Au
HML25-007	New Mellenium	62.5	70.6	0.78	8.1	8.1 m of 0.78 g/t Au



Figure 4: Selected mineralization photos from HML25-011 209.40m – 255.55m showing "dirty" quartz with moderate hematite staining and locally contains disseminated and vein hosted pyrite, chalcopyrite, sphalerite, galena and molybdenite mineralization.

Heritage Mining - 2023 Program Update & Six New High-Grade Targets

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Overview

Company Highlights

Key Projects

Drayton-Black Lake Project

Project Highlights:

Contact Bay Copper-Gold Project

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Management Team

Peter Schloo - President, CEO and Director

Patrick Mohan - Chairman and Director

Wray Carvelas - Director and Chair of Compensation Committee

Thomas Reid - Director

Rachel Chae - CFO

Patrick Sullivan - Corporate Secretary

Rick Horne - Geologist

Mitchel Lavery, - Advisor

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