Heritage Mining (CSE: HML; Germany: Y66) once again reports high-grade gold mineralization intercepts from its Melba Mine Gold Project in Northeast Ontario – and simultaneously the identification of several new gold zones!
The results are from the ongoing 2025/26 diamond drilling program and, according to the company, are intended to sharpen the picture of a project whose historical underground potential has never been fully evaluated.
Melba is located approximately 22 kilometers northeast of Kirkland Lake and about 90 kilometers southeast of Timmins. According to Heritage, the project covers approximately 3,886 hectares and is situated along the Ross Fault, a structure described as a splay of the Porcupine-Destor Fault Zone. Several well-known gold operations are located in the vicinity, including McEwen Mining’s Grey Fox Mine (+1 million ounces of gold) approximately 22 kilometers away, and the Ross Mine (+1 million ounces of gold) about 16 kilometers away. Heritage thus emphasizes the regional integration into an area with historical and advanced gold production.
Heritage Mining: New Gold Zones and First Drilling Results from the 2025/26 Program
It is important to note that, according to Heritage, the current drilling program not only confirms existing gold zones but also identifies new ones. Two drill holes are the focus of the “Partial Highlights” published to date:
- Drill hole ML3900-002 yielded 42.57 g/t gold over 1 meter from 72 meters. The company also points out that the drill hole ended “in gold mineralization” – an indication that the mineralized zone could potentially continue at depth. Heritage also aligns this new measurement with historical underground values from the same area, including UG-Q-60 with 34.29 g/t gold over 1.4 meters and UG-T-60 with 14.58 g/t gold over 1.98 meters.
- Drill hole ML3850-003 intersected 9 g/t gold over 1 meter from 52 meters. According to the company, this hole was terminated prematurely because it encountered historical underground workings. Here, too, Heritage refers to previous results from the vicinity of the underground areas for context. A section from the so-called “204 E Zone” is mentioned: 13.31 g/t gold over 0.91 meters.
According to Heritage, the combination of new drill results and historical underground information will help to better understand the geometry of the gold zones – and at the same time lay the foundation for further target definitions.
Melba Mine Project: Why the Confirmation of Historical Indications is Now Important for Heritage
A key point of the announcement is the statement that underground results had not been fully evaluated in the past. This is precisely where Heritage’s current program comes in: the confirmations to date and the identification of new zones “so early in the program” indicate considerable exploration potential, according to CEO Peter Schloo.
It is important that Heritage not only reports individual intercepts but also outlines the framework for the next steps: there are several gold zones near the surface, and at the same time, historical data suggest that gold grades could increase with depth. As an example, the company cites an earlier diamond drill hole: historical drill hole 37-18 with 14.24 g/t gold over 4.11 meters from 123.9 meters. This is relevant for the ongoing evaluation because it provides indications of where future drilling could be directed at depth.
Heritage also emphasizes that Melba is located within a structurally significant corridor (Ross Fault / Porcupine-Destor System). This is particularly important for exploration programs because recurring mineralized zones can often develop along such structures – the crucial step is to confirm these zones with drilling and define their extent. This is precisely what the ongoing program aims to achieve.
Next Steps: Further Results Pending, Drilling Program Continues
In addition to the hits to date, Heritage Mining explicitly states that several assay results are still pending. Drill holes ML3900-003, ML3900-004, and ML3900-005 are mentioned, with samples still being evaluated according to the announcement. In parallel, the diamond drilling program continues.
From the company’s perspective, this results in a clear news flow for the coming weeks: additional analyses could help to better delineate the newly described zones and show whether the confirmations continue along strike or at depth. Precisely because one drill hole ended in mineralization and further drilling results have not yet been published, attention is now focused on the next results, which are intended to refine the overall picture of the Melba Mine project.
