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 [...]
October 28, 2024 - Heritage Mining Ltd. is pleased to announce that it has executed an amendment to its option agreement dated November 25, 2021, as amended on December 29, 2023 , with Stillwater Critical Minerals Corp. in respect of the Company's Drayton-Black Lake Project. The Amendment modifies certain financial and operational obligations of Heritage contained in the Option Agreement. Key Terms of the Amendment: First [...]
Heritage Mining Ltd. is pleased to announce that further to its news release on September 23, 2024, Heritage has granted incentive stock options pursuant to its stock option plan to Altitude Capital Consultants Inc. to purchase up to an aggregate of 2,685,000 common shares in the capital of the company . The Options are exercisable at a price of $0.075 per common share and will expire five years from the date of grant [...]
Heritage Mining Ltd. is pleased to announce that it has closed the first tranche of its fully allocated non-brokered private placement financing previously announced on September 23, 2024. The Company raised an aggregate of $1,076,002.00 pursuant to Tranche One, of which $605,002 was raised on the issuance of 12,100,040 flow-through Shares and $471,000 was raised on the issuance of 9,420,000 units . Each Unit was issued [...]
Vancouver, October 14, 2024 - Heritage Mining Ltd. is pleased to announce that its previously announced non-brokered private placement on September 23, 2024, is now fully allocated. The offering was met with robust demand, including strong lead orders from management, the board of directors, existing institutions and high net-worth individuals, further demonstrating confidence in the Company's vision and strategic [...]
VANCOUVER, BC, September 23, 2024 - Heritage Mining Ltd. is pleased to announce the engagement with Altitude Capital Consultants Inc. . This strategic partnership aims to enhance the Company's market presence by providing capital market advice in respect of potential capital market strategies as it relates to all future financings and by reviewing and analyzing strategic opportunities for the Company. Heritage is also [...]
VANCOUVER, BC, September 20, 2024 - Heritage Mining Ltd. is pleased to provide an update of its 2024 drilling program at the Zone 3 prospect , at its flagship Drayton-Black Lake project . Highlights: Drilling at Zone 3 has identified intrusion-related gold mineralization; a new style of gold mineralization not historically recognized at Drayton-Black Lake Project . Quartz - sulphide veins are associated with the gold [...]
- Heritage Mining Ltd. is pleased to provide an update of its 2024 drilling program at the Zone 3 prospect , at its flagship Drayton-Black Lake project . Highlights: Drilling at Zone 3 has identified intrusion-related gold mineralization; a new style of gold mineralization not historically recognized at Drayton-Black Lake Project . Quartz - sulphide veins are associated with the gold mineralization at Zone 3, locally [...]
August 28, 2024 - Heritage Mining Ltd. is pleased to provide an update on the completion of its 2024 drilling program at the Zone 3 prospect , at its flagship Drayton-Black Lake project . Highlights: Visible Gold observed in hole one . Figure 2: Visible gold lies in a fracture within white vein quartz and is associated with pyrite, galena and possible molybdenite. The Company has intersected multiple zones of pyrite [...]
Heritage Mining Ltd. is pleased to announce that the 2024 drilling program has started over the weekend at Zone 3. The program will focus with historical confirmation drilling and SGH soil target testing. Highlights: Zone 3 Drill Program Start Click Image To View Full Size Figure 1: Zone 3 2024 drill program, August 5, 2024 "We are very excited to have the drill turning at Zone 3. The mineralization from the first hole is [...]
Heritage Mining Ltd. is pleased to announce that the board has approved the grant of incentive stock options pursuant to its stock option plan to certain directors, officers, and consultants to purchase up to an aggregate of 1,920,000 common shares in the capital of the company . 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 [...]
July 25, 2024 - Heritage Mining Ltd. is pleased to announce that the Zone 3 Spatiotemporal Geochemical Hydrocarbon survey "SGH Soils" report has been received and are very encouraging. The Company also has updated the drill program to focus on Zone 3 with historical confirmation drilling and SGH soil target testing. Highlights: The Zone 3 SGH analysis suggest stronger gold anomalies when compared to the SGH orientation [...]
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