Heritage Receives Drill Permit  and Secures additional Drill Program Contracts and Drill Mobilization

Heritage Receives Drill Permit and Secures additional Drill Program Contracts and Drill Mobilization

(TheNewswire)

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

VANCOUVER, BC TheNewswire - January 27, 2025 Heritage Mining Ltd. (CSE: HML FRA:Y66) (" Heritage " or the " Company ") is pleased to announce it has exercised as received its drilling permits in respect to its Zone 3 Extension application (Figure 2) within its flagship Drayton Black Lake project (" DBL ") (Figure 1). The Company is also pleased to announce it has entered into an additional drill program contract, a labour contract and a Dozer D5 lease to support exploration activities at DBL. The Company's drilling team is mobilizing as of January 26, 2025 with drilling set to commence February 10 th 2025.

Highlights:

  • Zone 3 Extension – +10km permit approval for Diamond Drilling (Figure 2)
  • Labour Contract – 2025 Diamond Drill Program Minimum 4,000m and D5 Dozer Lease
  • Diamond Drill Mobilization Date January 26, 2025, Drill Start Date February 10, 2025


Click Image To View Full Size

"We are thrilled to have received our diamond drill exploration permit, we now are fully permitted for the Zone-3 Extension. This area was recently staked in relation to the identification of a new mineralization system, intrusive related gold. Furthermore, securing key contracts in respects to drilling and confirming drill start date is a key update to all Stakeholders. Target areas of interest include: DBL (New Millennium, Zone 3, Zone 3 Extension and Zone 10) and Contact Bay – Rognan Mine Area). We look forward to updating the marketplace in short order on progress." Commented Peter Schloo, President, CEO and Director of Heritage.


Click Image To View Full Size

Figure 2 – DBL – 2025 Exploration Program and Diamond Drill Permit Area

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.

Copyright (c) 2025 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 Announces Closing of Tranche One of LIFE Offering

Heritage Mining Announces Closing of Tranche One of LIFE Offering

(TheNewswire)

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Heritage Announces LIFE Offering and Provides Corporate and Exploration Update

Heritage Announces LIFE Offering and Provides Corporate and Exploration Update

(TheNewswire)

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 Provides Corporate Update

Heritage Mining Provides Corporate Update

(TheNewswire)

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)

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)

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Prismo Metals Announces Closing of Oversubscribed Private Placement

Prismo Metals Announces Closing of Oversubscribed Private Placement

(TheNewswire)

Vancouver, British Columbia, August 8th, 2025 TheNewswire Prismo Metals Inc. (" Prismo " or the " Company ") (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that further to its news releases dated July 3, 2025, July 18, 2025 and July 31, 2025, the Company has proceeded with an upsized closing of its previously announced non-brokered private placement (the "Private Placement" ) of units of the Company (" Units ") at an issue price of $0.06 per Unit (the " Third Closing "). The closing was increased from 6,000,000 Units to the issuance of 6,425,000 Units for gross proceeds of $385,500.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
OTCQB Venture Virtual Investor Conference: Presentations Now Available for Online Viewing

OTCQB Venture Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the OTCQB Venture Virtual Investor Conference, held August 7 th are now available for online viewing.

REGISTER AND VIEW PRESENTATIONS HERE

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Seismic Equipment Arrives For Enercam Resources' Oil & Gas Block VIII, Cambodia

Seismic Equipment Arrives For Enercam Resources' Oil & Gas Block VIII, Cambodia

(TheNewswire)

GRANDE PRAIRIE, ALBERTA - August 6, 2025 TheNewswire - Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) ("ANGKOR" OR "THE COMPANY") announces its subsidiary, EnerCam Resources Co. Ltd. (Cambodia) ("EnerCam") has landed seismic equipment from seismic contractor GeneSeis Company Limited Thailand ("GeneSeis") to commence Cambodia's first onshore EnviroVibe oil and gas seismic for Block VIII ("Project").

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Forte Minerals Engages Strategic Advisors, Expands Capital Markets Team, and Launches AI-Powered Investor Tool

Forte Minerals Engages Strategic Advisors, Expands Capital Markets Team, and Launches AI-Powered Investor Tool

Forte Minerals Corp . (" Forte " or the " Company ") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce the expansion of its capital markets capabilities with three strategic initiatives:

  • The engagement of Mills Dunlop Capital Partners as M&A and strategic advisors;
  • The appointment of Port Guichon Strategic Advisory, as Investor Relations and Capital Markets Specialist;
  • And the launch of a new AI-powered investor platform via Versance.ai.

These additions support Forte's commitment to investor engagement, capital markets excellence, and digital transparency.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Questcorp Mining and Riverside Resources Announce Commencement of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

Questcorp Mining and Riverside Resources Announce Commencement of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that drilling has commenced on its La Union Project in northwest Sonora, Mexico. This work is being carried out by property vendor and operator Riverside Resources Inc. (TSXV: RRI).

Highlights

News Provided by Newsfile 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

×