Heritage Widens New Gold Zone up to 8.57g/t Au over 3m and Extends Strike to ~93m at Melba
Executive Summary
- Heritage Mining announced significant widening and strike extension of the gold zone at its Melba Mine Project, reporting up to 8.57 g/t Au over 3 m from drill hole ML3900‑002.
- The new intercept also extended the gold mineralization along strike to 93 m, including an intersect of 1.45 g/t Au over 4.5 m from hole ML3840‑001.
- No economic evaluation has been completed; the company emphasizes ongoing exploration potential and will provide further results soon.
Key Details
- Intercepts:
- Hole ML3900‑002 – 8.57 g/t Au over 3 m starting at 71 m depth.
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Hole ML3840‑001 – 1.45 g/t Au over 4.5 m starting at 66 m depth, extending the zone to a total strike length of 93 m.
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Project Context:
- Melba Mine Project covers ~3,886 ha in Northeastern Ontario, located ~22 km NE of Kirkland Lake and ~90 km SE of Timmins.
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Situated on the Ross Fault, a splay off the Porcupine‑Destor Fault Zone, near historic gold mines (Grey Fox Mine, Ross Mine).
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Technical Program & QA/QC:
- Drilling recovered NQ core; samples prepared and assayed by Paragon Geochemical (PhotonAssay method, ISO/IEC 17025:2017 accredited).
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Standards and blanks constitute ≥10 % of samples; all results passed stringent quality controls.
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Qualified Person: Mitch Lavery, P.Geo, Strategic Advisor, reviewed and approved the scientific and technical information per NI 43‑101.
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Company Statement: Peter Schloo, President/CEO, noted that the widening and strike extension “supports significant exploration potential upside” and promised forthcoming updates.
Notable Quotes
“The results of widening and strike extension of the new gold zone in the ongoing drill program supports significant exploration potential upside to the Melba Project. We look forward to updating our stakeholders on additional exploration results in short order.” – Peter Schloo, President, CEO & Director, Heritage Mining Ltd.
Materiality Assessment: Non‑Material – Positive (drilling intercepts are encouraging but no economic evaluation or reserve declaration has been made).