Heritage Mining's Sampling Program Reports Highest Gold Assay Ever at the Drayton-Black Lake Project, 2,330g/t Gold

Heritage Mining's Sampling Program Reports Highest Gold Assay Ever at the Drayton-Black Lake Project, 2,330g/t Gold

 

(TheNewswire)

 
  
  Heritage Mining Ltd. 
 
 

  Channel Sampling Program Confirms Multiple High-Grade Gold-Silver Vein Systems  

 

Heritage Mining Ltd. (CSE: HML) (" Heritage " or the " Company ") is pleased to announce the results from its recent channel sampling program that evaluated fourteen prospects over five targets in the Alcona and Moretti areas (Table 1) located in the northeastern half of the Company's 15,257 Ha Drayton-Black Lake Project (" DBL "). DBL is located approximately 20km northeast of Sioux Lookout, Ontario (Fig. 1) and covers 30 km of the Central Volcanic and Southern Sedimentary domains within the Eagle-Wabigoon-Manitou (" EWM ") Greenstone Belt, which also hosts Treasury Metals Inc.'s (TSX: TML) Goliath Gold-Silver Complex immediately to the southwest

 

  Channel Sampling Highlights  

 
  •  

      Sampling program evaluated fourteen prospects in the Alcona and Moretti areas  

     
  •  
  •  

      All channels reported anomalous gold   silver and base metal mineralization, significant results include:  

     
  •  

  Alcona-New Millennium (Figure 1)  

 
  •  
    •  

        oo   T7 Area - 11.2g/t Au and 51.4g/t Ag over 1.0m  

       
    •  
    •  

        oo   T9 Area - 5.31g/t Au and 25.0g/t Ag over 0.5m  

       
    •  
    •  

        oo   Quartz vein subcrop material discovered near to T9 shows visible gold and assayed 2,330g/t Au  

       
    •  
  •  

  Moretti-Main (Figure 2)  

 
  •  
    •  

        oo   North Vein Prospect - 7.85g/t Au over 2.0m; incl. 19.2g/t Au and 72.8g/t Ag over 0.8m  

       
    •  
    •  

        oo   channel was done near to where a rock chip grab sample assayed 208g/t Au (see press release November 04, 2022)  

       
    •  
  •  

  Alcona-Main (Figure 3)  

 
  •  
    •  

        oo   Central Vein Set -   2.72g/t Au over 5.1m; incl.   9.41g/t Au and 25.7g/t Ag over 0.8m  

       
    •  
    •  

        oo   Central Vein Set - 21.9g/t Au and 121g/t Ag over 1.0m  

       
    •  
  •  
  •  
    •  

        oo   North Vein Set - 7.85g/t Au over 2.0m; incl. 19.2g/t Au and 72.8g/t Ag over 0.8m  

       
    •  
    •  

        oo   Alcona Pond -   4.94g/t Au over 4.0m; incl. 15.75g/t Au and 45.1g/t Ag over 1.0m  

       
    •  
  •  

  Peter Schloo, CEO of Heritage Mining commented,   "Our first pass channel sampling results have exceeded our expectations, confirming multiple high-grade Au-Ag mineralized vein systems at surface at Alcona, New Millennium and Moretti,   similar to Treasury Metals' Goliath gold project   .  These initial results have provided Heritage with valuable information on the style and tenor of gold and base metal mineralization at DBL   , as we plan a more systematic field program for the wint   er months and into the 2023 exploration season.   The team collected a sample of quartz vein subcrop near T9 that reported a whopping 2,330g/t gold, this is the highest reported gold assay at DBL.   It is our interpretation that gold, silver, and polymetallic mineralized quartz veins and stockwork zones extend along strike and with depth, and that our ongoing regional evaluation program will continue to identify new veins across this highly under-explored land package.   The 2022 field team has done excellent work and our boots on the ground strategy continues to pay off as we further develop the   Drayton-Black Lake Project   ."  

 

  Summary:  

 

  Phase 1 channel sample results confirm widespread Au-Ag mineralization   hosted in deformation zones ranging from discrete 3-5m wide shear structures (New Millennium) to broad (> 200m) composite deformation zones (Alcona Main Area). Channel results along with grab samples confirm the presence of extensive,   structurally controlled and locally high-grade Au-Ag mineral systems.  

 

  Mineralization is typically associated with several styles of quartz-carbonate (+/- sulphide) veins ranging in thickness from less than 1.0cm to greater than 50cm wide. Vein orientations vary locally but in general reflect related and consistent structural settings at the prospect and target levels. Geophysical data indicates subtle folding patterns in magnetostratigraphy (e.g., mafic / felsic volcanic units) at both Alcona Main and New Millennium area, in addition to complex regional shear patterns throughout DBL. In several instances, veins and vein arrays are consistent with interpreted axial-parallel orientation and displacement. Many vein array orientations are also consistent with regional-scale structural elements that have not been previously recognized. This provides new context to historic results including more recent (e.g., 2018-2021) till geochemistry completed by previous operators.  

 

  Multi-element data from the Alcona Area suggest a strong positive relationship between Au-Ag-Te along with positive correlations between Au and several other potential pathfinder elements. Notably, mineralization at Moretti-Main displays lower Ag:Au ratios suggesting   multiple mineralization styles may occur in the northeastern half of the Drayton-Black Lake property. This is similar to Treasury Metals' Goliath gold project   (i.e. Goliath-Goldlund-Miller deposits)   located 25-   65 km   to the southwest in the   EWM   Greenstone Belt.  

 

  The Company is currently compiling and interpreting mapping and sampling data from the 2022 field program along with processing and interpretation of its newly acquired regional airborne Mag/EM survey data. In conjunction with data from previous operators,  staff are now preparing a follow-up program for a planned 2023 drill campaign.  

 

  Alcona-New Millennium  

 

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

 
  •  

      Additional prospecting around historic trenches   recovered a sample of mineralized quartz vein float with visible gold that returned 2,330g/t (D909175)  

     
  •  
  •  

      Heritage staff were able to expose and sample a small portion of in situ quartz vein and this sample (D909173) returned 18.9g/t Au  

     
  •  

  Nine (9) channels were completed over the T1, T7 and T9 prospects comprising an area of 500m by 200m. There are two distinct structural trends identified at New Millennium: oriented N-S (T1) and E-W (T7 and T9).  

 
  •  

      T9 was assessed over 40m of strike with three (3) channels. Anomalous gold mineralization was encountered in all channels. Highlights include (total length):  

     
    •  

        oo   CH-22-18 (1.5m) - 0.81g/t Au over 1.5m; incl. 1.19g/t Au and 9.06g/t Ag over 0.5m  

       
    •  
    •  

        oo   CH-22-17 (3.0m) - 4.69g/t Au and 23.4g/t Ag over 0.5m  

       
    •  
    •  

        oo   CH-22-16 (4.2m) - 5.31g/t Au and 25.0g/t Ag over 0.5m  

       
    •  
  •  
  •  

      T7 was assessed over 10m with three (3) channels. Anomalous gold mineralization was encountered in all channels. Highlights include (total length):  

     
    •  

        oo   CH-22-11 (3.0m) - 11.2g/t Au over and 51.4g/t Ag over 1.0m  

       
    •  
  •  
  •  

      T1 was assessed over 50m strike with three (3) channels. Anomalous gold mineralization was encountered in channel CH-22-15 (0.229g/t Au and 1.15g/t Ag over 1.0m).  

     
  •  
  •  

      Field staff also uncovered a large, previously unsampled, outcrop in the T7 prospect area with extensive veining and alteration. Systematic chip sampling across 5m (N=6) returned anomalous gold values up to 1.3g/t Au.  

     
  •  

    
Click Image To View Full Size
 

 

  Figure 1: Alcona-New Millennium area showing historic and 2022 rock chip and channel sample results  

 

  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 metre scale.  

 

  At   Moretti-Main   , six (6) channels were completed over the north and south vein prospects comprising an area of 150m by 130m. Both steep, shear-parallel veins and shallow discordant vein sets were evaluated.  

 
  •  

      At the north vein prospect, a large, well exposed shallow-dipping discordant (to the NE-trending Moretti shear) vein was channeled along strike to assess the bulk gold tenor of that vein and confirm historical sample results. Highlights include (total length):  

     
    •  

        oo   CH-22-40 (10.0m) – 7.12g/t Au over 10m; incl. 51.5g/t Au and 1.38g/t Ag over 1.0m.  

       
      •  

         Including internal dilution with no cutoff applied  

         
      •  
    •  
    •  

        oo   The results compare well with historical sampling.  

       
    •  
    •  

        oo   High-grade gold samples typically exhibit low Ag/Au ratios, in contrast to those from the Alcona area.  

       
    •  
  •  
  •  

      At the south vein prospect, two shear-parallel veins were channeled, and both returned positive gold values. Highlights include (total length):  

     
    •  

        oo   CH-22-30 (1.5m) - 1.23g/t Au over 1.5m  

       
    •  
    •  

        oo   CH-22-31 (3.0m) - 1.58g/t Au over 1.0m  

       
    •  
  •  

    
Click Image To View Full Size
 

 

  Figure 2: Moretti area showing historic and 2022 rock chip and channel sample results  

 

  At   Moretti-Black Lake   , fifteen (15) channels were completed on multiple new and historical prospects.  

 
  •  

      Au values ranged from below detection to trace with a positive correlation between Au and Ag noted even in the lower tenor results.  

     
  •  
  •  

      Several of the channel sites were selected to test local deformation zones with well-developed ductile shear fabrics and moderate to intense carbonate alteration. Quartz veins were typically mm-scale with an Fe-carbonate association.  

     
  •  

  Many vein array orientations are also consistent with regional-scale structural elements that have not been previously recognized. This provides new context to historic results including more recent (e.g., 2018-2021) till geochemistry completed by previous operators.  

 

  Alcona-Main  

 

  Mineralized deformation corridor over   1km strike by 200m wide   consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins   open in all directions   .  

 
  •  

      A total of 18 channel samples where completed, anomalous gold mineralization was encountered in all channels.  

     
  •  
  •  

      Confirm widespread Au-Ag mineralization at surface hosted in broad composite deformation corridors (200m) which is similar to the similar to the Goliath Deposit at Treasury Metals.  

     
  •  

    
Click Image To View Full Size
 

 

  Figure 3: Alcona Main area showing historic and 2022 rock chip and channel sample results  

 

  Nine (9) channels were completed over the North Vein Set and Central Vein Set prospects which comprise the eastern portion of the 200m wide Alcona Deformation Zone.  

 
  •  

      The North Vein Set was assessed over 220m of strike with six (6) channels. Anomalous gold mineralization was encountered in all channels. Highlights include (total length):  

     
    •  

        oo   CH-22-03 (2.0m) - 7.85g/t Au over 2.0m; incl. 19.2g/t Au and 72.8g/t Ag over 0.8m  

       
    •  
    •  

        oo   CH-22-04 (1.0m) - 1.06g/t Au over 1.0m; incl. 1.9g/t Au and 25.6g/t Ag over 0.5m  

       
    •  
    •  

        oo   CH-22-07 (9.0 m) - 1.17g/t Au and 3.01g/t Ag over 1.0m  

       
    •  
  •  
  •  

      The Central Vein Set was assessed over 130m of strike with three (3) channels. Anomalous gold mineralization was encountered in all channels. Highlights include (total length):  

     
    •  

        oo   CH-22-01 (5.1m) - 2.72g/t Au over 5.1m; incl. 9.41g/t Au and 25.7g/t Ag over 0.8m  

       
    •  
    •  

        oo   CH-22-02 (8.5m) - 21.9g/t Au and 121g/t Ag over 1.0m  

       
    •  
    •  

        oo   CH-22-08 (3.0m) - 0.86g/t Au over 3.0m; incl. 1.99g/t Au and 3.61g/t Ag over 1.0m  

       
    •  
  •  

  At   Alcona-Pond   , nine (9) channels were completed over the Pond prospect which comprise the western portion of the 200m wide Alcona Deformation Zone.  

 
  •  

      The 60m wide Pond prospect was assessed with six (6) channels. Anomalous gold mineralization was encountered in all channels. Highlights include (total length):  

     
    •  

        oo   CH-22-21 (11.5m) - 4.94g/t Au over 4.0m; incl. 15.75g/t Au and 45.1g/t Ag over 1.0m  

       
    •  
    •  

        oo   CH-22-22 (16.0m) - 2.17g/t Au over 3.5m; incl. 6.6g/t Au and 49.5g/t Ag over 1.0m  

       
    •  
    •  

        oo   CH-22-23 (15.1m) - 4.85g/t Au and 11.35g/t Ag over 1.1m  

       
    •  
  •  
  •  

      The west extension Pond channel added to the mineralized strike length by an additional 70m. Highlights include (total length):  

     
    •  

        oo   CH-22-26 (4.0m) - 0.78g/t Au over 3.0m; incl. 2.52g/t Au and 3.19g/t Ag over 1.0m  

       
    •  
  •  

  Table   1   . List of channel samples and prospects.  

 
                                                           
 

  Count  

 
 

  AREA  

 
 

  TARGET  

 
 

  PROSPECT  

 
 

  CHANNEL  

 
 

  (4)  

 
 

  Moretti  

 
 

  Main  

 
 

  North  

 
 

  28, 29, 40 and 41  

 
 

  (2)  

 
 

  South  

 
 

  30 and 31  

 
 

  (3)  

 
 

  Black Lake  

 
 

  Emerald  

 
 

  35, 36, and 37  

 
 

  (2)  

 
 

  Drag  

 
 

  38 and 39  

 
 

  (2)  

 
 

  Bloom  

 
 

  42 and 43  

 
 

  (5)  

 
 

  Bloom Road  

 
 

  44, 45, 46, 47 and 48  

 
 

  (2)  

 
 

  Holbrook  

 
 

  33 and 34  

 
 

  (1)  

 
 

  Stockwork  

 
 

  32  

 
 

  (6)  

 
 

  Alcona  

 
 

  Main  

 
 

  North Vein Set  

 
 

  3, 4, 5, 6, 7 and 9  

 
 

  (3)  

 
 

  Central Vein Set  

 
 

  1, 2 and 8  

 
 

  (9)  

 
 

  Pond  

 
 

  Pond (+ E and W)  

 
 

  19, 20, 21, 22, 23, 24, 25, 26, and 27  

 
 

  (3)  

 
 

  New Millennium  

 
 

  T1  

 
 

  10, 14 and 15  

 
 

  (3)  

 
 

  T7  

 
 

  11, 12 and 13  

 
 

  (3)  

 
 

  T9  

 
 

  16, 17 and 18  

 
 

  (48)  

 
 

  (2)  

 
 

  (5)  

 
 

  (14)  

 
 

  (48)  

 
 

For further information please see the Heritage's profile on SEDAR at   www.sedar.com     .   

 

  ABOUT   THE   DRAYTON-BLACK   LAKE   PROJECT  

 

The Drayton-Black Lake Project is located near the town of Sioux Lookout in Northern Ontario and comprises more than 15,000 Ha within the Eagle-Wabigoon-Manitou (" EWM ") Greenstone Belt along strike of and contiguous with Treasury Metals Inc.'s Goliath Gold-Silver Complex. There are numerous historic high-grade gold (silver, copper) prospects throughout the property within the Central Volcanic domain. All set within a broad multi-kilometer regional-scale deformation corridor with associated secondary and tertiary structural elements. Mineralization is typically shear-hosted quartz-carbonate veins with minor sulphides (1-5%). Locally, mineralized massive sulphide (Py +/- Cpy) occurrences have been documented. Some of the more sulphide rich Au + Au-Ag occurrences in the Southern Sedimentary domain have been notionally reclassified (e.g., Treasury Metal Goliath Deposit) as a hybrid or pre-orogenic atypical greenstone gold (POAGG).

 

Heritage employs a rigorous quality management system for field sampling and analysis. All samples and sample sites are described, photographed and geo-referenced and digitally archived at the time of sample collection. Material is securely bagged at the sample site and returned to the field office for secure storage. Sampled are delivered by Company personnel to the ALS laboratory in Thunder Bay, Ontario for prep. Samples are crushed (min. 1 kg) and pulverized (250 g; PREP-31A). Au values are determined by 50 g fire assay (Au-AA24), overlimit (Au) are treated with a gravimetric finish (Au-GRA22) and overlimit Ag are treated with acid digestion and ICP/FA finish (Ag-OG62). Multi-element analysis is provided by ICP-MS (ME-MS61). Blind duplicates, blanks, and CRM (Certified Reference Materials) are inserted on a regular basis and p ulps and rejects are retained for check and duplicate analysis.

 

Scientific and technical information contained in this press release has been prepared under the supervision of Stephen Hughes, P. Geo. Technical Advisor to HML, a qualified person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects .

 

Sampling protocols, quality control and assurance measures and geochemical results related to historic results quoted in this news release (e.g., sampling, drilling, trenching and other data) have not been verified by the Qualified Person and therefore must be regarded as estimates.

 

  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) 2022 TheNewswire - All rights reserved.

 

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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 .

 
 

  Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.) 

 

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:  

 
  1. 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.

  2.  
  3. 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. "
  4.  

  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. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/17/c1585.html  

 
 

 

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

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

 

(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

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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