Heritage Mining "Poised for Discovery" in 2023, CEO says

Heritage Mining (CSE:HML) President, CEO and Director Peter Schloo has expressed optimism that 2023 will be a “fantastic year” for the company after a sampling program at the Drayton Black Lake (DBL) project returned the highest gold assay ever at 2,330 grams per tonne gold.

“We did some check sampling on our project from historical results,” Schloo said. "We wanted to make sure that everything checks out. And then what we did is build on that by executing a channel sampling program over our three target areas, which have now been defined. And we're very excited about 2023."

DBL is located approximately 20 kilometers northeast of Sioux Lookout, Ontario, and covers 30 kilometers of the central volcanic and southern sedimentary domains within the Eagle-Wabigoon-Manitou greenstone belt, which also hosts Treasury Metals' (TSX:TML,OTCQX:TSRMF) Goliath gold-silver complex immediately to the southwest.

Heritage Mining will begin the process of applying for a permit, which Schloo said would be the second milestone for the project. The CEO added that his company is also looking for new potential targets in 2023.

”We're poised for discovery. And on top of that, we're in a fantastic address in close proximity to infrastructure. We have a team that's been there and done it before … so we have the eyes to see if there's really something there, if there's going to be a flood of capital. And people are going to start paying more attention to the junior gold sector in Ontario. We're poised for a rewrite … I think it's (time to) put your seat belts on. 2023 is going to be a fantastic year.”

Watch the full interview with Heritage Mining CEO Peter Schloo above.

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