Heritage Provides Exploration Update on New Millennium Prospect - Successful Drill Interception of Mineralized Shear Zone Structures

(TheNewswire)

VANCOUVER, BC, February 27, 2025 TheNewswire - Heritage Mining Ltd. (CSE: HML FRA:Y66) (" Heritage " or the " Company ") is pleased to announce it has completed its drill program at the New Millennium area targeting two mineralized vein systems in the immediate vicinity of the highest grade grab sample on the property (2,330 gt Au) within its flagship Drayton Black Lake (" DBL ") Property (Figure 3 and 4). The Company will proceed to the Zone 3 area, then to Rognan area on the Contact Bay Property as previously communicated in press releases dated December 19, 2024 and December 11, 2024 respectively.

New Millennium Target Highlights:

Total 556m in nine holes completed vs planned 370m over seven holes. Additional meterage was driven from a favorable mineralization intersection. Core logging and processing is underway at the time of writing.
Drill holes show multiple occurrences (up to 51.40m core length) ofavariably mineralized shear zones, in granitic/felsic intrusions, and massive to semi massive quartz veins (Figure 1 and 2) in seven of the nine holes drilled.
The presence of chalcopyrite with pyrite in chlorite-carbonate alteration with patchy k-feldspar alteration in quartz veins and wall-rock is reminiscent of some of the best Au-bearing intercepts at the nearby Zone 3 Prospect that were drilled in 2024 (September 20, 2024, Press Release).


Figure 1: HML025-006 Select photographs showing select variably mineralized shear zone material, local granitic/felsic intrusions and massive to semi massive quartz veins.

"Heritage Mining is off to a great start in 2025. Our in-house drilling operations have begun to bear fruit. Our exploration team has successfully intersected favorable mineralized structures over core lengths up to ~51.40m targeting two mineralized vein systems in the immediate vicinity of the highest-grade grab sample on the property (2,330 g/t Au) at our flagship exploration DBL Property. Significant lengths of drill core are similar to our best Au-intercepts elsewhere on property, specifically Zone 3. These observations so close to the surface have exceeded our expectations.

We look forward to drilling Zone 3 (DBL Project) and Rognan Area (Contact Bay Project) prospects H1 2025." Commented Peter Schloo, President, CEO and Director of Heritage

We present in Figure 2 below a complete shear zone intercept in DDH HML025-006.

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Figure 2: Sequence of drill core box photos showing the entire shear zone structure in DDH HML025-006 (14.33m to 87.00m)

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Figure 3: DBL Total Property Outline

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Figure 4: DBL Project: Reduced-to-Pole Magnetic Intensity over Bedrock Geology

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

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

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Finlay Minerals Ltd. reports on its Annual General & Special Meeting

finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") reports that all matters set before the Annual General and Special Meeting of Shareholders of the Company held on Friday, June 20, 2025 (the " Meeting ") were approved by the shareholders. An aggregate of 74,155,953 common shares of the Company (" Common Shares ") were voted representing 51.94% of the issued and outstanding Common Shares as at the Record Date of May 16, 2025 .

The six nominees for the Board of Directors were elected at the Meeting and they are: John A. Barakso , Robert F. Brown , Alvin W. Jackson , Ilona Barakso Lindsay , David A. Schwartz , and Kristina Walcott .

Additionally, the reappointment of De Visser Gray LLP, Chartered Professional Accountants, as auditors for the Company and the Company's 10% Rolling Stock Option Plan were approved by shareholders.

Subsequent to the Meeting, the Board of Directors also re-appointed the following officers for a further year:

Robert F. Brown	Executive Chairman of the Board
Ilona B. Lindsay	President & Chief Executive Officer
Gord Steblin	Chief Financial Officer
David Schwartz	Corporate Secretary
Wade Barnes	Vice President, Exploration
Susan Flasha	Vice President, Corporate Development.

About finlay minerals ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five 100% owned properties in northern British Columbia : the PIL and ATTY properties in the Toodoggone (13,374 hectares ("ha")), the Silver Hope Cu-Ag Property (21,322 ha) and the SAY Cu-Ag & the JJB Cu Properties (41,655 ha) in the Bear Lake Corridor. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.

The PIL and ATTY Properties are fully and sole funded by Freeport-McMoRan through 6-year Earn-In Agreements; the JJB, SAY and Silver Hope 2025 exploration programs are fully funded by Finlay.

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 , P. Eng.
President, Executive Chairman of the Board & Director

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, corporate plans. 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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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 Provides Exploration Update on New Millennium Prospect - Successful Drill Interception of Mineralized Shear Zone Structures

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Drayton-Black Lake Project

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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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