Heritage Mining is pleased to announce that further to its April 13, 2023 press release announcing the closing of the first tranche of its non-brokered private placement offering announced on March 21, 2023, Heritage has secured sufficient capital to proceed with Phase 1 of its exploration program on its flagship Drayton-Black Lake Project as planned. The Company has also extended the closing of an additional tranche of [...]
Heritage Mining is pleased to announce that it has closed the first tranche of its non-brokered private placement financing previously announced on March 21, 2023. The Company raised an aggregate of $378,649.97 pursuant to Tranche One, of which $251,000 was raised on the issuance of 2,510,000 flow-through units and $127,649.97 was raised on the issuance of 1,418,333 units. Each Unit was issued at a price per Unit of $0.09 [...]
Heritage Mining is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2023 drilling and additional exploration program on its flagship Drayton-Black Lake Project ahead of schedule. The program's primary focus will be to drill three priority targets at DBL. "The early permit approval is a confirmation of our newly established relationships with the [...]
Heritage Mining is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2023 drilling and additional exploration program on its flagship Drayton-Black Lake Project ahead of schedule. The program's primary focus will be to drill three priority targets at DBL. "The early permit approval is a confirmation of our newly established relationships with the [...]
Heritage Mining is pleased to announce that it intends to issue, pursuant to a non-brokered private placement, up to: 13,000,000 flow-through units of the Company at a price of $0.10 per FT Unit; and 2,222,222 units of the Company at a price of $0.09 per Unit, for aggregate gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant [...]
Heritage Mining is pleased to announce that it has been approved for and received funding for a C$200,000 grant from the Ministry of Northern Development under the Ontario Junior Exploration Program, the maximum amount available under OJEP for a junior mining company, in respect of expenditures Heritage incurred in advancing its flagship Drayton-Black Lake Project during the period April 2022 to February 2023. "We would [...]
Heritage Mining is pleased to announce its common shares commenced trading on the Frankfurt Stock Exchange under the symbol "Y66" effective March 8, 2023. The Frankfurt Stock Exchange is one of the world's largest organized exchange-trading markets based on trading volume. The listing of the Company's common shares on the Frankfurt Stock Exchange in addition to the CSE will heighten exposure of the Company in the European [...]
Heritage Mining Ltd. announced the retirement of Jim Fairbairn as Heritage's Chief Financial Officer and the appointment of Rachel Chae as successor, effective immediately. Mr. Fairbairn will remain with the Company as a member of Heritage's board of directors and will replace Wray Carvelas as the chair of the audit committee. Mr. Fairbairn has served as Heritage's CFO since October 18, 2019 and provided integral [...]
Heritage Mining Ltd. 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 located in the northeastern half of the Company's 15,257 Ha Drayton-Black Lake Project. DBL is located approximately 20km northeast of Sioux Lookout and covers 30 km of the Central Volcanic and Southern Sedimentary domains within the [...]
Heritage Mining Ltd. is pleased to report the addition of John Seaman as advisor to the Company. Mr. Seaman is an accomplished executive with more than 22 years of experience in the mining industry from exploration through development and production. Mr. Seaman has significant corporate and transactional experience in relation to gold projects in Ontario as a former Director of Premier Gold Mines which was acquired by [...]
Heritage Mining Ltd. is pleased to report the completion of the 2022 field program at the Company's 15,257 Ha Drayton-Black Lake Project. DBL is located approximately 20 km northeast of Sioux Lookout, Ontario and covers 30 km of the Central Volcanic and Southern Sedimentary domains within the Eagle-Wabigoon-Manitou Greenstone Belt, which also hosts Treasury Metals Inc.'s Goliath Gold-Silver Complex immediately to the [...]
Heritage Mining Ltd. is pleased to report recent results from 2022 exploration program at the Company's flagship Drayton-Black Lake Project and provide an update on current field program. The Drayton-Black Lake Project is located in northwestern Ontario, approximately 20 km northeast of Sioux Lookout, Ontario, and comprises approximately 15,257 Ha near the northern margin of the Wabigoon Sub?province within the [...]