Heritage Mining (TSX.V: HML, FSE: Y66, WKN: A3DTM6) has completed two exploratory drill holes in Zone 3 of the Drayton-Black-Lake project. They were drilled on a linear magnetic anomaly running northeast-southwest. This anomaly contains the widest quartz vein ever intersected on the project area, with a true thickness of approximately 32 meters!
This exceptional find had immediate consequences, as Heritage Mining promptly modified its drilling program to allow for more intensive exploration of the new, highly interesting target zone with further drilling this year.
This Drill Hole Makes Geologists’ and Investors’ Hearts Beat Faster
Drill hole HML25-011 is the kind that makes geologists’ and investors’ hearts beat faster, as it intersected a 46-meter wide quartz vein during extension drilling in Zone 3 of the Drayton-Black-Lake project. Assuming the vein runs nearly vertically, this results in a true thickness that could be in the range of 32 meters. Such thicknesses were previously unknown at Drayton Black Lake, which further underscores the excitement about this extraordinary find.
The aim of the three drill holes was to expand the mineralization identified in Zone 3 of the Drayton-Black-Lake project. Two of these three drill holes, with a total length of 592 meters, have been completed in the meantime, while the third is in progress but has not yet reached its planned final depth. The investigation focused on a northeast-trending linear magnetic feature that extends over a length of approximately two kilometers and has a width of up to 200 meters. This deposit, located in the Lake of the Bays Batholith, is about one kilometer away from where successful drilling was carried out in August 2024.
Heritage Mining Now Eagerly Awaits the Detailed Laboratory Results
In drill hole HML25-011, this mineralization was intersected at a drill depth of 209.40 to 255.55 meters. Visual findings from the splitting and examination of the drill cores revealed locally visible sulfides. These include chalcopyrite, galena, and pyrite, and show hematite staining. With two of the three drill holes already completed, the drill cores are currently being logged and split to be sent to the evaluating laboratory for detailed analysis as quickly as possible.
“We are very pleased to have intersected such a wide vein zone already with the second exploratory drilling in the Zone 3 Extension,” stated Peter Schloo, President and CEO of Heritage Mining. “Heritage geologists have observed locally significant sulfides in quartz (galena, molybdenite, pyrite), indicating that this structure served as an important channel for mineralized fluids. The development of such a wide quartz structure at this early stage of the program underscores the significant potential of the Drayton-Black-Lake project for further discoveries in this established gold-rich area.”
The start of this year’s drilling program has thus not only been successful but ended with an extraordinary success. Heritage Mining now wants to build on this. Therefore, the company has decided at short notice to modify the planned drilling program to ensure that the new megastructure is further investigated along strike and at depth. For invested shareholders, the drilling year 2025 thus starts very positively, and if the new structure delivers on its current promise, the Drayton-Black-Lake project could have a value at the end of the year that is significantly higher than the current one.
