Heritage Mining’s CEO, Peter Schloo, sat down with Brieanna McCutchen from The Market Herald to talk about the Drayton-Black Lake Project.
The company’s flagship project boasts 100 years’ worth of data which has never been digitized or looked at from a low-grade high-tonnage perspective.
However, Schloo stated that the company’s focus is currently set on raising money for its active initial public offering. The offering is expected to be finalized by June 23rd.
Heritage stated it is well staffed with its team of experts holding 40 years of experience but is still looking to fill labour positions.
The company’s summer program will hone in on established targets with a drill program to follow during the late fall. The property has narrow high-grade hits with primarily gold and minimal copper.
Schloo expects investors to reallocate funds into the junior mining space away from high-risk areas like crypto, cannabis and tech. For now, Heritage will continue to focus on shareholder value creation.