A great success

Heritage Mining (CSE HML / WKN A3DTM6) is currently focusing primarily on the Drayton-Black Lake project – and rightly so, as recent drill results have shown. But the company has another iron in the fire with the Contact Bay copper and nickel (and gold) project, which is located very close to a Kinross Gold property.

The Contact Bay property is located approximately 12 kilometers southwest of the town of Dryden in the Canadian province of Ontario and is easily accessible year-round. Heritage has identified three areas of interest here – Nabish Lake, Rognon Mine (gold) and Anderson – from which it now has reported whatr it says are economically viable grades of base and precious metals.

In the Nabish Lake area, the company said, they confirmed copper and nickel mineralization with up to 1.9% copper and 0.4% nickel over several kilometers of the Nabish Lake mafic-ultramafic intrusion. If that wasn’t enough, a new area of copper mineralization was also discovered.

Heritage also reported that it has confirmed high-grade gold mineralization over a 2-kilometer potential shear zone in the Rognon Mine area. At the Anderson Zone, where Heritage is also acquiring additional claims, results from this year’s work support historic gold grades of up to 0.8 g/t gold.

Map of Contact Bay with 2023 field program results

Nabish Lake

In the Nabish Lake zone, seven of 25 samples collected returned anomalous to economic copper mineralization and five samples showed anomalous to economic nickel mineralization. Samples from the New Mineralization area also assayed up to 0.20% copper and the area will be investigated in future programs.

Rogon mine

This is a shear zone/quartz vein hosting gold-bearing mineralization that was developed by historic pits over a strike length of approximately 2 kilometers. Three historic mine shafts, numerous pits and trenches, and waste rock dumps were located by the field team (Contact Bay Mine, Rognon Mine, and Wachman Mine). Samples collected along strike confirm historical results. A total of 12 grab samples were collected in this area and ten of the 12 samples contained anomalous grades up to 3.86 g/t gold.

The 2023 field program was a great success

Peter Schloo, CEO of Heritage Mining stated, “We are very excited about the economic copper, nickel and gold targets in close proximity to Kinross Gold, a major mining company. Our 2023 field program at Contact Bay has been a great success. These are fantastic results from our property, and we look forward to Mira Geoscience’s geophysical and geological model interpretations complementing our successful field program in the near future. We are committed to systematically exploring the base metal and precious metal potential on this property and communicating a clear path forward in the near future.”

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Pursuant to §34b WpHG and §48f Abs. 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH and/or partners, principals or employees of GOLDINVEST Consulting GmbH hold shares of Heritage Mining Ltd. and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares of Heritage Mining Ltd. at any time, which could influence the price of the shares. In addition, there is a consulting or other service contract between Heritage Mining and GOLDINVEST Consulting GmbH, with which another conflict of interest exists, since Heritage Mining Ltd. remunerates GOLDINVEST Consulting GmbH for reporting.

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