Business
Heritage Mining Announces Field Program Completed at Contact Bay and DBL Update
VANCOUVER, BC – TheNewswire - September 20, 2023 – Heritage Mining Ltd. (CSE:HM) (FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the field progra
About this update from Heritage Mining Ltd.
[{"type":"text","content":"VANCOUVER, BC – TheNewswire - September 20, 2023 – Heritage Mining Ltd. (CSE:HM) (FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the field program at the Contact Bay Property (“Contact Bay”) has been completed ahead of schedule and under budget. The Company is now in process of prioritizing additional targets at its flagship Drayton-Black Lake Project (“DBL Project”) to capitalize on remaining time in the field season with mobilization as early as next week. The Company’s active drill program at its DBL Project remains encouraging. While assays are pending, multiple intervals (within each hole) of mineralized veining have been identified in the Alcona Area containing sulfide mineralization frequently associated with gold mineralization. Program Highlights: Contact Bay Field program completed ahead of schedule and under budget Drayon - Black Lake Additional priority target workup capacity, specific target areas to be announced in short order Drill program – encouraging mineralization, assays pending “Finishing any program ahead of schedule and under budget is a value add to the Company and we appreciate everyone’s hard work to get this done for Contact Bay. Taking advantage of the precious time left in the field season, we will be remobilizing the Contact Bay field team to our flagship project, Drayton-Black Lake, to advance additional targets to drill ready status ahead of schedule, complementing our anticipated phase two drilling and winter programs.” Contact Bay – Past Producer and Exploration Activities Multiple shear zones located across the property, two of which confirmed to have historical workings over several hundred meters strike length. Sulfide mineralization and alteration have been identified in shear zones property wide. Numerous samples have been collected at historic mine infrastructure as well as newly identified hydrothermal corridors, assays pending. Rognon Mine Area Shear zone/quartz vein hosted lode gold type mineralization targeted by historic workings over ~2km strike length. Three historic mine shafts, numerous pits and trenches, tailings located by the field team (Contact Bay Mine, Rognon Mine and Wachman Mine). Samples taken along strike, assays pending. Anderson Area Located multiple historic workings over 350m of exposed shear zone hosted quartz veining. A p...