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20.06.25 - 04:30
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Heritage Mining Provides Corporate Update (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC – TheNewswire - June 19, 2025 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce that the board has approved the grant of incentive stock options pursuant to its stock option plan (the “Plan”) to certain directors, officers, and consultants to purchase up to an aggregate of 2,925,000 common shares in the capital of the company (the “Options”). The Options are exercisable at a price of $0.05 per common share and will expire three years from the date of grant. The Options are subject to the terms of the Plan, the applicable Option agreements and the policies of the Canadian Securities Exchange (“CSE”).
The Company further announces that it has agreed to settle $76,124 of debt owing to certain consultants, service providers and a director and officer of the Company by issuing an aggregate of 1,522,480 common shar...
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15.05.25 - 14:15
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Heritage Intersects ~46 Metre Quartz-Sulfide Vein in second Hole at Zone 3 Extension (The Newswire)
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Widest Vein Ever Intersected at Drayton-Black Lake
VANCOUVER, BC – TheNewswire - May 15, 2025 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce preliminary results from its 2025 diamond drill program at Zone 3 extension, Drayton Black Lake project (“Project”). Two scout holes have been completed, and a third hole is in progress, testing a major northeast-southwest striking linear magnetic feature that is granite-hosted. The second scout hole (HML25-011) intersected the widest quartz vein ever drilled within the Project area to date, approximately 46m wide (true width ~32m, assuming the vein is near vertical). The Company has therefore modified the current drill program to further test this quartz-rich structure at deeper and shallower levels, as well as along strike.
Zone 3 Extension Drill Highlights:
Drilling discovered a broad zone of granite-hosted quartz vein mineralization
Widest quartz vein ever intersected at the Pr...
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15.05.25 - 01:00
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Heritage Mining Announces Closing of Strategic Investment (The Newswire)
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VANCOUVER, BC, May 14, 2025 – TheNewswire - Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that, further to its news release dated May 7, 2025, it has closed its non-brokered private placement consisting of 3,000,000 flow-through units (“FT Units”) at a price of $0.05 per FT Unit for gross proceeds of C$150,000 to a strategic investor (the “Offering”).
Each FT Unit consists of one flow through common share (“FT Common Share”) and one Warrant (“FT Unit Warrant”) with each FT Unit Warrant entitling the holder to purchase one Common Share at an exercise price of $0.10 for a period of 60 months from issuance, subject to acceleration provisions. Each FT Common Share will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada).
The Company paid an aggregate $12,000.00 in cash commissions and issued an aggregate 240,000 compensation options (the “Compensation Options”) in connection with the O...
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07.05.25 - 13:30
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Heritage Mining Announces Encouraging Gold Results from New Millennium Drill Program and provides Exploration Update and Strategic Investment (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, May 7, 2025 – TheNewswire - Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased announce results from its winter drill program at its flagship Drayton – Black Lake (“DBL”) exploration project (Figure 1 and 2) in Sioux Lookout, Ontario. The Company conducted scout drilling at the New Millennium orogenic gold target area utilizing its in-house drilling rig and team. The Company is also pleased to provide an update on its planned diamond drill program at the Zone 3 (DBL) Extension and Rognon Mine Area (Contact Bay) prospects.
Highlights:
Intersected multiple zones of strong gold mineralization in shallowly drilled holes (average 61m depth) at the New Millennium prospect, including HML25-003 (87m) which assayed 6m @ 1.05g/t gold, 3m @ 1.77g/t gold and 2m @ 1.78g/t gold (Table 1).
Broad zones of quartz veins were intersected...
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22.04.25 - 13:30
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Heritage Mining Ltd. Announces Closing of the Second and Final Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC – TheNewswire - April 22, 2025 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it has closed the second and final tranche (“Tranche Two”) of its non-brokered private placement financing (the “Offering”) previously announced on April 7, 2025 and March 7, 2025.
The Company raised an aggregate of $232,500.00 pursuant to Tranche Two, of which $182,500.00 was raised on the issuance of 3,650,000 units (“Units”) and $50,000.00 was raised on the issuance of 1,000,000 flow-through units (“FT Units”), for total gross proceeds of $1,028,500.00 from the Offering. Each Unit was issued at a price per Unit of $0.05 and is comprised of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 60 months from issuance ...
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07.04.25 - 13:30
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Heritage Mining Announces Closing of the First Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, - TheNewswire - April 7, 2025 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it has closed the first tranche (“Tranche One”) of its fully allocated non-brokered private placement financing previously announced on March 7, 2025.
The Company raised an aggregate of $796,000.00 pursuant to Tranche One, of which $702,500 was raised on the issuance of 14,050,000 flow-through units (“FT Units”) and $93,500 was raised on the issuance of 1,870,000 units (“Units”). Each FT Unit consisting of one flow through common share (“FT Common Share”) and one Warrant (“FT Unit Warrant”) with each FT Unit Warrant entitling the holder to purchase one Common Share at an exercise price of $0.10 for a period of 60 months from issuance, subject to accelerations provisions. Each FT Share was issued at a price of $0.05 and is comp...
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24.03.25 - 13:30
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Heritage Provides Exploration Update on New Millennium Prospect (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC – TheNewswire - March 24, 2025 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce that samples have been submitted on Saturday March 22, 2025 from the New Millennium 2025 diamond drill program targeting two mineralized vein systems in the immediate vicinity of the highest grade grab sample on the property (2,330 g/t Au) within its flagship exploration project Drayton – Black Lake (“DBL”) (Figure 2 and 3). The Company anticipates recommencing drilling on Zone 3 Extension Prospect in short order.
New Millenium Target Historical Highlights:
The Company's 2025 diamond drill program drilled under historical trenches which had results up to 5.18oz/ton Au and 4.8oz/ton Au, +1,000g/t Ag, 0.37% Cu, %0.078 Mo, +1%Pb, 0.68%Zn
The Company has confirmed these findings at surface in prior work programs returning up to ...
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08.03.25 - 03:01
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Heritage Mining Announces Non-Brokered Private Placement of Units and Flow-Through Units (The Newswire)
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VANCOUVER, BC – TheNewswire - March 7, 2025 – Heritage Mining Ltd. (CSE:HML) (FRA:Y66) (“Heritage” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) of units (“Units”) and flow-through units (“FT Units”) for gross proceeds of up to $1,3750,00.
Pursuant to the Offering, the Company intends to issue up to 13,750,000 Units of the Company at a price of $0.05 per Unit, for aggregate gross proceeds of up to $687,500, and up to 13,750,000 FT Units of the Company at a price of $0.05 per FT Unit, for aggregate gross proceeds of up to $687,500.
Each Unit will consist of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (a “Warrant”). Each FT Unit will consist of one Common Share which will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.
Each Warrant will entitle the holder to acquire one Common Share (each, a ?...
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27.02.25 - 12:30
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Heritage Provides Exploration Update on New Millennium Prospect - Successful Drill Interception of Mineralized Shear Zone Structures (The Newswire)
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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 g/t 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...
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06.02.25 - 14:30
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Ashley Gold Executes Drilling Contract for Burnthut Project with Drilling Expected Mid February (The Newswire)
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CALGARY, ALBERTA – TheNewswire - February 6, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) has signed a drilling contract with Heritage Mining to utilize their drilling team and equipment for the 3-hole Burnthut drill program. Drilling will commence with conclusion of Heritage's initial drill program at their Drayton Black Lake project adjacent to Burnthut.
Darcy Christian, CEO of Ashley comments “This collaboration with Heritage for drilling of Burnthut provides Ashley with access to competitive drilling rates, logistics and core processing for the Maiden Burnthut Drill Program. We are excited to see the results of both programs which we hope will highlight the immense potential of the area.”
About the Burnthut Drill Program
The Burnthut drill program will consist of 3 holes up to 300m each. The goal of the program is to intersect the Oro-West and Oro surface discoveries (2024 & 2023) at depth. The Oro zone at surface has returned assays of...
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27.01.25 - 13:00
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Heritage Receives Drill Permit (DBL - Zone 3 Extension) and Secures additional Drill Program Contracts and Drill Mobilization (The Newswire)
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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 10th, 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 I...
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20.01.25 - 13:00
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Heritage Exercises First Option to Acquire a Majority Interest in the Drayton-Black Lake Project (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC – TheNewswire - January 20, 2025 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce it has exercised its option (the “Option”) to acquire a 51% ownership interest in the Company's flagship Drayton - Black Lake Project in accordance with the terms of an option agreement dated November 25, 2021, as amended on December 29, 2023 and October 23, 2024 (the “Option Agreement”) between the Company and Stillwater Critical Minerals Corp. (“Stillwater”). The Drayton Black Lake project totals ~18,907Ha.
To exercise the Option, the Company incurred a final $1,000,000 in exploration expenditures on the Drayton – Black Lake Project and issued Stillwater 4,100,000 common shares in the capital of the Company (“Common Shares”) and 3,000,000 Common Share purchase warrants (“Warrants”), with each Warrant entitling...
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07.01.25 - 16:30
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Heritage Mining Appoints Thomas Reid CPA, CA to its Board of Directors (The Newswire)
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VANCOUVER, BC – TheNewswire - January 7, 2025 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the appointment of Thomas Reid to the Company's board of directors (the “Board”). Mr. Reid will be succeeding James Fairbairn, who has retired from the Board with immediate effect.
Mr. Reid recently retired after a 30 year career with Sun Life Financial (“Sun Life”) include terms as CFO Canada and Head of Corporate Development. Since joining Sun Life Financial in 1994, Tom has held increasingly senior positions throughout Sun Life in the areas of Finance, Corporate Development, Public Relations and Investor Relations. From 2009 to 2020, Mr. Reid led the Group Retirement Services business at Sun Life, growing the assets under management from $30 billion to $130 billion in that time. For the last 4 years, Tom was responsible for the Strategy and Growth team for Sun Life in Canada, where his team led strategic planning for the Canadian busines...
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02.01.25 - 14:15
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Heritage Exercises Option to Acquire 100% Interest in the Zarn Lake Claims forming a portion of the Drayton-Black Lake Project (The Newswire)
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VANCOUVER, BC – TheNewswire - January 2, 2025 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce it has exercised its option (the “Option”) to acquire 40 mining claims in Ontario (the “Zarn Lake Claims”) pursuant to an option agreement dated January 6, 2021 (the “Option Agreement”) between the Company and Paul Riives (“Paul Riives”). The Zarn Lake Claims are contiguous with and form a portion of the Company's flagship Drayton - Black Lake Project (Figure 1,2,3).
Click Image To View Full Size
“We are thrilled to exercise our option to Acquire 100% of the Zarn Lake Claims. The District has seen significant strategic capital inflow recent years from major players (Figure 1), we are proud to increase our ownership position supporting our interest in developing the District and its immense potential. Drilling on these claims set to recommence mid to late January 2025, targeting the intersection of two mineralized quartz v...
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19.12.24 - 14:15
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Heritage Mining Prospecting Program Reports up to 7.38g/t within Granitic Intrusion at Zone 3 Extension (The Newswire)
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VANCOUVER, BC – TheNewswire - December 19, 2024 – Heritage Mining Ltd. (CSE: HML) ("Heritage" or the "Company") is pleased to announce the results from its Zone Three Extension exploration and prospecting program located in the southeast side of its flagship project Drayton Black Lake (“DBL”) totalling ~18,907Ha. The program included 62.3km traversed, 185 outcrops described with 83 grab samples (Figure 1). The program was undertaken to provide on-the-ground clarity where possible of the contact between the Mafic Metavolcanics and the Lake of the Bays Batholith. DBL is located approximately 20km northeast of Sioux Lookout, Ontario (Figure 5) and covers 30 km of the Central Volcanic and Southern Sedimentary domains within the Eagle-Wabigoon-Manitou (“EWM”) Greenstone Belt, which also hosts NexGold's (TSX.V: NEXG) Goliath Gold-Silver Complex immediately to the southwest.
Zone 3 Extension Exploration and Prospecting Program Highlights:
One granitic rock sample gradin...
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11.12.24 - 13:01
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Heritage Mining Announces Exploration Permit for Contact Bay Project (The Newswire)
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NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC – TheNewswire - December 11, 2024 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2024/2025 Exploration Program on its wholly owned property Contact Bay. The program's permitted area and focus will be to scout drill the Rognon Mine area (Figure 1) in addition to the previously planned Drayton Black Lake Exploration Program on Zone 3 and New Millennium.
Click Image To View Full Size
Figure 1: Ontario Project Portfolio – Heritage Mining Ltd.
“Strategic capital continues to flow into the district, underscoring the immense potential of one of the last underexplored greenstone belts in Northwestern Ontario, Canada. With the three key target area permits in the rear-view mirror, in-house drill team on site early J...
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19.11.24 - 14:07
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Heritage Mining Further Expands Land Position and Provides Exploration Update (The Newswire)
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VANCOUVER, BC – TheNewswire - November 19, 2024 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the claim package expansion at its flagship Drayton Black Lake (“DBL”) based on experts recommendations Brett Davis and Dr. Gregg Morrison in addition to an update on the ongoing 2024 exploration program over the Ontario Project Portfolio. The Company believes the progress achieved to date represents important milestones for systematic exploration in one of the last underdevelopment greenstone belts in Northwestern Ontario.
Exploration Highlights: General
Drill Lease and In-House Drilling Team
Heritage has leased an ODR 100 Drill (Figure 1) and engaged Minotaur Drilling Inc. as drill operators with over 35 years of experience. Past drilling experience includes contracts at Hudson Bay Mining and Smelting in Flin Flon and Snow Lake, Rio Tinto, Nutrien, Mosaic, Placer Dome, Cogema, Cameco, as well as numerous smaller public and private...
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08.11.24 - 22:19
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Heritage Mining Announces Oversubscribed Closing of the Final Tranche of its Non-Brokered Private Placement of Units and Flow-Through Shares (The Newswire)
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VANCOUVER, BC – TheNewswire - November 8, 2024 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it has closed the final tranche (“Tranche Two”) of its non-brokered private placement financing previously announced on September 23, 2024 (the “Offering”).
"We are thrilled to announce the oversubscribed closing of our non-brokered private placement. We have deployed capital towards planned exploration activities including ongoing drone mag and prospecting at Drayton Black Lake - Zone 3 as well as drone mag at Contact Bay (Rognan Mine area). We are making great progress and look forward to updating everyone on our findings in short order." Commented Peter Schloo, President CEO and Director
The Company raised an aggregate of $322,000 pursuant to Tranche Two, of which $47,000 was raised on the issuance of 940,000 units (“Units”) and $275,000 was raised on the issuance of 5,500,000 flow-through shares (“FT Shares”). ...
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