Heritage Confirms Multiple High-Grade Gold Intercepts and New Gold Zones up to 42g/t Au at Melba

Executive Summary

• Heritage Mining announced high‑grade gold intercepts from its ongoing diamond drill program at the Melba Mine Project in Northeastern Ontario.
• New gold zones were identified, including a 42.57 g/t Au over 1 m intercept (ML3900‑002) and additional notable assays pending further drilling.
• The results support significant exploration upside and suggest increasing gold grades with depth, enhancing the project's early‑stage potential.

Key Details

• Intercept ML3900‑002: 42.57 g/t Au over 1 m from 72 m depth; aligns with historic high‑grade results (UG‑Q‑60: 34.29 g/t Au over 1.4 m, UG‑T‑60: 14.58 g/t Au over 1.98 m).
• Intercept ML3850‑003: 9 g/t Au over 1 m from 52 m; hole terminated after intersecting underground workings (204 E Zone: 13.31 g/t Au over 0.91 m for 8.54 m).
• Historical reference: DDH 37‑18 returned 14.24 g/t Au over 4.11 m from 123.9 m depth, indicating grade increase at greater depths.
• Assays pending: Samples from holes ML3900‑003, 004, and 005 are awaiting laboratory results.
• Program status: Ongoing diamond drilling continues to target multiple new and existing near‑surface gold zones across the ~3,886 ha Melba property.
• QA/QC protocol: Core handling, sampling, and analysis follow strict chain‑of‑custody procedures; assays performed by Paragon Geochemical (PhotonAssay) with ISO/IEC 17025:2017 accreditation.
• Qualified Person: Mitchell Lavery, P.Geo., Strategic Advisor, reviewed and approved the technical information per NI 43‑101 standards.
• Forward‑looking statement: The company emphasizes that no economic evaluation has been completed; the project currently holds no declared resources or reserves.

Notable Quotes

“The identification of multiple new gold zones at Melba this early in the program supports significant exploration potential. Furthermore, it confirms our initial interests, underground results have not been properly evaluated. We are very excited to further understand Melba and look forward to additional results in short order.” – Peter Schloo, President, CEO & Director, Heritage Mining Ltd.