Heritage Mining is pleased to announce that it has closed the first tranche 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 and $93,500 was raised on the issuance of 1,870,000 units. Each FT Unit consisting of one flow [...]
Heritage Mining 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 within its flagship exploration project Drayton - Black Lake. The Company anticipates recommencing drilling on Zone 3 Extension Prospect in short order. New [...]
Heritage Mining is pleased to announce a non-brokered private placement of units and flow-through 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 [...]
Heritage Mining Ltd. 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 within its flagship Drayton - Black Lake Property. 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 [...]
Heritage Mining is pleased to announce it has exercised as received its drilling permits in respect to its Zone 3 Extension application within its flagship Drayton - Black Lake project. 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 [...]
Heritage Mining is pleased to announce it has exercised its 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 Nov 25, 2021, as amended on December 29, 2023 and October 23, 2024 between the Company and Stillwater Critical Minerals. The Drayton Black Lake project totals ~18,907Ha. To exercise the Option, the Company [...]
Heritage Mining is pleased to announce the appointment of Thomas Reid to the Company's board of directors. 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 include terms as CFO Canada and Head of Corporate Development. Since joining Sun Life Financial in 1994, Tom has held increasingly senior [...]
Heritage Mining Ltd. is pleased to announce it has exercised its option to acquire 40 mining claims in Ontario pursuant to an option agreement dated January 6, 2021 between the Company and Paul Riives . The Zarn Lake Claims are contiguous with and form a portion of the Company's flagship Drayton - Black Lake Project . Click Image To View Full Size "We are thrilled to exercise our option to Acquire 100% of the Zarn Lake [...]
Heritage Mining Ltd. 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 totalling ~18,907Ha. The program included 62.3km traversed, 185 outcrops described with 83 grab samples . The program was undertaken to provide on-the-ground clarity where possible of the contact between the Mafic Metavolcanics [...]
December 11, 2024 - Heritage Mining Ltd. 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 in addition to the previously planned Drayton Black Lake Exploration Program on Zone 3 and New [...]
Heritage Mining Ltd. is pleased to announce the claim package expansion at its flagship Drayton Black Lake 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 [...]
Heritage Mining Ltd. is pleased to announce that it has closed the final tranche of its non-brokered private placement financing previously announced on September 23, 2024 . "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 [...]
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