Heritage Mining Provides Corporate and Exploration Update

Heritage Mining Provides Corporate and Exploration Update

 

(TheNewswire)

 
  
  Heritage Mining Ltd. 
 
 

Heritage Mining Ltd. (CSE:HML) (" Heritage " or the " Company ") is pleased to announce that further to its April 13, 2023 press release announcing the closing of the first tranche of its non-brokered private placement offering announced on March 21, 2023 (the " Offering "), Heritage has secured sufficient capital to proceed with Phase 1 of its exploration program on its flagship Drayton-Black Lake Project as planned. The Company has also extended the closing of an additional tranche of the Offering until no later than June 19, 2023 and looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule. The Company will provide additional updates in the near future

 

  "We are very excited to be in a position to proceed with Phase 1 and look forward to adding shareholder value with the recent tranche one close which provides the required capital to initiate Phase 1 of the exploration program to advance our flagship Drayton Black Lake project on schedule. We look forward to updating you further in the near future once key items have been solidified and scheduled." Commented Peter Schloo, President, CEO and Director of Heritage.

 

  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   

 

  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; 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.

 

  NOT   INTENDED   FOR   DISTRIBUTION   TO   UNITED   STATES   NEWS   WIRE   SERVICES   OR   FOR DISSEMINATION IN THE UNITED STATES  

 

Copyright (c) 2023 TheNewswire - All rights reserved.

 

News Provided by TheNewsWire via QuoteMedia

HML:CC
Heritage Mining

Heritage Mining Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Heritage Mining (CSE:HML)

Heritage Mining


Keep reading...Show less

District-Scale Opportunities with Historically Promising Assets

Heritage Mining Provides Corporate Update

Heritage Mining Provides Corporate Update

 

(TheNewswire)

 
      
  Heritage Mining Ltd. 
             
 

  NOT   INTENDED   FOR   DISTRIBUTION   TO   UNITED   STATES   NEWS   WIRE   SERVICES   OR   FOR DISSEMINATION IN THE UNITED STATES  

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Heritage Intersects ~46 Metre Quartz-Sulfide Vein in second Hole at Zone 3 Extension

Heritage Intersects ~46 Metre Quartz-Sulfide Vein in second Hole at Zone 3 Extension

 

(TheNewswire)

 
      
  Heritage Mining Ltd. 
             
 

  Widest Vein Ever Intersected at Drayton-Black Lake  

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Heritage Mining Announces Closing of Strategic Investment

Heritage Mining Announces Closing of Strategic Investment

 

(TheNewswire)

 
      
  Heritage Mining Ltd. 
             
 

 

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Heritage Mining Announces Encouraging Gold Results from New Millennium Drill Program and provides Exploration Update and Strategic Investment

Heritage Mining Announces Encouraging Gold Results from New Millennium Drill Program and provides Exploration Update and Strategic Investment

 

(TheNewswire)

 
      
  Heritage Mining Ltd. 
             
 

  NOT   INTENDED   FOR   DISTRIBUTION   TO   UNITED   STATES   NEWS   WIRE   SERVICES   OR   FOR DISSEMINATION IN THE UNITED STATES  

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Heritage Mining Ltd. Announces Closing of the Second and Final Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units

Heritage Mining Ltd. Announces Closing of the Second and Final Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units

 

(TheNewswire)

 
      
  Heritage Mining Ltd. 
             
 

  NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES  

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone District

Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone District

Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an update from its ongoing project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia (the "JD Project"). Drilling has now commenced with over 5,000 meters of drilling planned.

Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Domestic Metals Extends Non-Brokered Private Placement

Domestic Metals Extends Non-Brokered Private Placement

 

  **NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**  

 

TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E) reports that, pursuant to their news release dated May 27, 2025, they have requested a 30-day extension to the non-brokered private placement (the "Placement"). The terms of the Placement remain the same. The Company confirms there are no material changes.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
FPX Nickel Announces Share-Based Compensation Grant

FPX Nickel Announces Share-Based Compensation Grant

 
 

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that the board of directors of the Company has approved the grant of 5,305,000 stock options (the " Options ") to directors, officers and employees of the Company pursuant to the Company's Share Compensation Plan. The Options have an exercise price of $0.30 per share, with a five-year term and are fully vested on the grant date, July 10, 2025 .

 
 

  FPX Nickel logo (CNW Group/FPX Nickel Corp.) 

 

The Company also granted an aggregate 750,000 restricted share units (the " RSUs ") to certain officers of the Company. The RSUs vest in three equal installments on the annual anniversaries of the grant date and each vested RSU will entitle the holder to receive one common share of the Company or the equivalent cash value upon settlement.

 

  About FPX Nickel Corp.  

 

 FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

 

On behalf of FPX Nickel Corp.

 

"Martin Turenne"
Martin Turenne , President, CEO and Director

 

   Forward-Looking Statements   

 

  Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

 

SOURCE FPX Nickel Corp.

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/11/c5569.html  

 
 

 

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Cygnus Metals Limited: Issue of Performance Rights

Cygnus Metals Limited: Issue of Performance Rights

 

Cygnus Metals Limited ("Cygnus" or the "Company") advises that it has issued an aggregate of 67,050,000 performance rights ("Performance Rights") to directors, and key employees and consultants, under the Company's Omnibus Equity Incentive Plan ("Plan").

 

Shareholders approved the Plan and the issue of Performance Rights to directors at the Company's annual general meeting held on May 14, 2025. The Performance Rights to key personnel were issued on the same terms and conditions as the director Performance Rights, as set out in the notice of annual general meeting released to ASX on April 14, 2025.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Silver47 Conducts Prospecting and Soil Geochemical Surveys at Its Adams Plateau SEDEX Silver-Zinc-Lead-Copper-Gold Project, BC, Canada

Silver47 Conducts Prospecting and Soil Geochemical Surveys at Its Adams Plateau SEDEX Silver-Zinc-Lead-Copper-Gold Project, BC, Canada

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the 2025 exploration program is nearing completion at its wholly-owned Adams Plateau Project (the "Project") in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX project.

Gary Thompson, CEO of Silver47, stated: "We are glad to continue our work on Adams Plateau toward defining drill targets on this road-accessible project. The abundance of surface mineralization on the Project is very encouraging for the potential of new and exciting discoveries. The Company has received a 5-year permit for drilling. This year is shaping up to be transformational for the Company with a full season of drilling at the flagship Red Mountain Project and the pending merger with Summa Silver."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Osisko Metals Infill and Expansion Drilling Intersects New Wide Mineralization at Gaspé Copper

Osisko Metals Infill and Expansion Drilling Intersects New Wide Mineralization at Gaspé Copper

 

   New Expansion Hole Intersects    279    Metres Averaging    0.49    % Cu   

 

   Nine Drill Rigs Now Active on Site   

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Heritage Mining

Heritage Mining Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×