Drill Bit Turning: Heritage Mining Granted Permit and Commences Drilling at Melba's Highly Prospective Target Area

Executive Summary

• Heritage Mining received its exploration permit and began diamond drilling at the Melba Project on December 15, 2025.
• The program consists of 26 drill holes totaling ~1,780 m aimed at confirming historic high‑grade gold intercepts (up to 23.27 g/t Au over 4.5 m).
• The company highlights the strategic location of Melba within a prolific mining corridor and expects the results to de‑risk the project and create long‑term shareholder value.

Key Details

• Permit Received: Exploration permit approved for the planned diamond drilling program (announced October 15, 2025).
• Drilling Start Date: December 15, 2025.
• Program Scope: 26 drill holes; total depth ≈ 1,780 m.
• Historical High‑Grade Highlights:
• Up to 23.27 g/t Au over 4.5 m near surface.
• 6.59 g/t Au over 12.87 m near surface.
• Visible gold reported in multiple historic holes and surface workings.
• Bulk Sample (2012): Rock pile bulk sample averaged 3.99 g/t Au, estimating ~2,000 short tonnes (~230.9 oz Au).
• Property Description: Melba Mine located ≈7 km east of Highway 11, near Matheson, Ontario; claim package covers 1,522.70 ha plus one mining lease.
• Qualified Person: Mitchell Lavery, P.Geo., Strategic Advisor, reviewed and approved the technical information per NI 43‑101.
• Management Quote: Peter Schloo (President, CEO & Director) emphasized rapid progress, near‑term milestones, and potential for meaningful long‑term shareholder value.

Notable Quotes

“We’ve moved faster than most companies at our stage regarding the Melba Project … If we deliver the results we’re targeting, we see a clear path to building meaningful long‑term shareholder value.” – Peter Schloo, President, CEO & Director

All forward‑looking statements are subject to risks and uncertainties as described in the release.