Heritage Mining finds more visible gold at Melba

Executive Summary

• Heritage Mining confirmed a third visible‑gold occurrence within an ~8 m shear zone at ~72 m depth in drill hole ML3840‑003, Melba project.
• The hole was extended to ~150 m due to favorable mineralization; assays are pending.
• Visible gold consists of millimetre‑scale grains in a sheared quartz veinlet within the same interval, indicating strong alteration and potential for higher‑grade zones.

Key Details

• Hole ML3840‑003: Visible gold observed from 72.40 m over an ~8 m interval; third such occurrence in this drill program.
• Depth Extension: Planned depth increased to approximately 150 m because of encouraging mineralization trends.
• Core Description: Millimetre‑scale gold grains hosted in a sheared quartz veinlet; synformal folding, epidote‑silica‑chlorite alteration present.
• Geological Setting: Sheared felsic volcaniclastic and conglomerate contact within the Ross fault splay of the Porcupine‑Destor zone; proximity to historic producing mines (McEwen – >1 Moz Au, Ross – >1 Moz Au).
• Assays: Pending; samples sent to Paragon Geochemical for PhotonAssay (Au‑PA01) with detection range 0.015–350 ppm. Multielement follow‑up possible on selected splits.
• QA/QC Protocols: Chain‑of‑custody, standards/blanks ≥10 % of samples, ISO‑accredited lab; all disclosed results passed internal QC.
• Qualified Person: Mitchell Lavery, P.Geo., strategic adviser, reviewed and approved the technical disclosure per NI 43‑101.

Notable Quotes

“The identification of the third instance of visible gold within an approximately eight‑metre shear zone at approximately 72 metres depth is very encouraging… We have also extended the planned depth of ML3840‑003 to approximately 150 metres due to favourable mineralization, assays pending.” – Peter Schloo, President, CEO & Director, Heritage Mining Ltd.