• Heritage (HML) released results from its recent channel sampling program at its Drayton-Black Lake Project
  • The program evaluated 14 prospects over five targets in the Alcona and Moretti areas
  • Peter Schloo, President and CEO of Heritage Mining, sat down with Sabrina Cuthbert to discuss the program
  • Heritage Mining is a Canadian mineral exploration company advancing two high-grade gold-silver-copper projects in northwestern Ontario
  • Heritage Mining (HML) opened trading at $0.08 per share

Heritage (HML) released results from its recent channel sampling program at its Drayton-Black Lake Project in Ontario.

The program evaluated 14 prospects over five targets in the Alcona and Moretti areas located in the northeastern half of the company’s 152.5 sq. km. Drayton-Black Lake Project, 20 km northeast of Sioux Lookout, Ontario.

Channel Sampling Highlights:

All channels reported anomalous gold silver and base metal mineralization.

Source: Heritage Mining Ltd.

Alcona-New Millennium:

  • T7 Area – 11.2g/t Au and 51.4g/t Ag over 1.0m
  • T9 Area – 5.31g/t Au and 25.0g/t Ag over 0.5m
  • Quartz vein sub crop material discovered near T9 shows visible gold and assayed 2,330g/t Au
Source: Heritage Mining Ltd.

Moretti-Main:

  • North Vein Prospect – 7.85g/t Au over 2.0m; incl. 19.2g/t Au and 72.8g/t Ag over 0.8m
  • Channel was done near where a rock chip grab sample assayed 208g/t Au
Source: Heritage Mining Ltd.

Alcona-Main:

  • Central Vein Set – 2.72g/t Au over 5.1m; incl. 9.41g/t Au and 25.7g/t Ag over 0.8m
  • Central Vein Set – 21.9g/t Au and 121g/t Ag over 1.0m
  • North Vein Set – 7.85g/t Au over 2.0m; incl. 19.2g/t Au and 72.8g/t Ag over 0.8m
  • Alcona Pond – 4.94g/t Au over 4.0m; incl. 15.75g/t Au and 45.1g/t Ag over 1.0m

Peter Schloo, President and CEO of Heritage Mining, sat down with Sabrina Cuthbert to discuss the program.

The land covers 30 km of the Central Volcanic and Southern Sedimentary domains within the Eagle-Wabigoon-Manitou (Greenstone Belt, which also hosts Treasury Metals Inc.’s (TSX:TML) Goliath Gold-Silver Complex immediately to the southwest.

Heritage Mining is a Canadian mineral exploration company advancing two high-grade gold-silver-copper projects in northwestern Ontario.

Heritage Mining (HML) opened trading at $0.08 per share.


More From The Market Online

This company starts production at what could be Canada’s next great gold mine 

IAMGOLD (TSX:IMG) is a Canadian-based intermediate gold producer and developer focused on mining properties in North America and West Africa.

Teck misses Q1 profit estimates on lower steelmaking coal sales

Canadian mining stock Teck Resources Ltd. (TSX:TECK.A and TECK.B; NYSE:TECK) misses Q1 profit estimates on Thursday.
The Market Online Video

Exploration company provides project portfolio update

Banyan Gold Corp. (TSXV:BYN) is focused on exploration and advancing and de-risking its AurMac Gold Project in the Yukon.