Heritage Confirms Additional Visible Gold in Core at Melba, Outside New Gold Zone

Executive Summary

• Heritage Mining announced the discovery of fine‑grained visible gold in core sample ML3840‑001 at ~31 m depth within the Melba Mine Project, marking at least four separate visible‑gold intercepts.
• The visible gold occurs in sheared quartz veinlets within a silicified quartz diorite intrusion and is accompanied by up to 3 % pyrite over a 2‑metre interval, enhancing the project's exploration upside.
• No economic evaluation has been completed; the company notes that Melba currently has no declared resources or reserves.

Key Details

• Core Interval: ML3840‑001, ~31 m depth – fine‑grained visible gold identified.
• Number of Intercepts: At least four distinct visible‑gold occurrences reported to date.
• Host Lithology: Sheared quartz veinlets within a silicified quartz diorite intrusion; up to 3 % pyrite over ~2 m.
• Project Size & Location: ~3,886 ha Melba Project, ~22 km NE of Kirkland Lake and 90 km SE of Timmins, Ontario, situated on the Ross Fault (a splay of the Porcupine‑Destor Fault Zone).
• Nearby Historic Mines: McEwen Mine (Grey Fox) (~1 Moz Au, ~22 km away) and Ross Mine (~1 Moz Au, ~16 km away).
• QA/QC Protocols: Core boxed, sealed, and logged on‑site; samples split 1:1 with witness half retained. Analyses performed by Paragon Geochemical (PhotonAssay method, detection range 0.015–350 ppm) with additional multi‑element ICP‑MS where warranted. Standards/blanks ≥10 % of samples; all results passed QA/QC.
• Qualified Person: Mitchell Lavery P. Geo, Strategic Advisor, reviewed and approved the technical disclosure per NI 43‑101.
• Forward‑Looking Statements: The release contains forward‑looking information regarding future exploration potential; no resources or reserves have been declared for Melba at this time.

Notable Quotes

“The identification of additional visible gold further enhances the exploration upside and positive potential of Melba this early in the initial exploration program. We look forward to additional updates in short order.” – Peter Schloo, President, CEO & Director, Heritage Mining Ltd.