- Heritage Mining (CSE:HML) identified visible gold in drill core from its ~3,886-hectare Melba mine project, located 90 kilometres from Timmins in Northeastern Ontario
- The mineral exploration company is advancing projects in the province of Ontario, each of which is backed by robust historic data and logistical support
- Heritage Mining stock has given back 40 per cent year-over-year and more than 75 per cent since inception in 2022
Heritage Mining (CSE:HML) identified visible gold in drill core from its ~3,886-hectare Melba mine project, located 90 kilometres from Timmins in Northeastern Ontario.
The drillhole in question, ML3900-002, yielded the visible gold outside of the high-grade interval announced on February 9, 2026, with coarse gold identified in half the 73.3 m measured, adding conviction to numerous historical results to be confirmed during the ongoing drilling program.
Melba is located near the prolific Abitibi Greenstone Belt along the Ross Fault, which is associated with development-stage and historic producing gold mines, including McEwen’s more than 1-million-ounce Grey Fox mine ~22 km away, as well as the more than 1-million-ounce Ross mine ~16km away.
Management commentary
“The identification of visible gold outside of the previous reported interval suggests potential to expand the mineralized zone and exploration potential of the Melba project. We look forward to updating our stakeholders on additional exploration results in short order,” Peter Schloo, president and chief executive officer of Heritage Mining, said in Tuesday’s news release.
About Heritage Mining
Heritage Mining is a Canadian mineral exploration company advancing projects in the province of Ontario, each of which is backed by robust historic data and logistical support.
Heritage Mining stock (CSE:HML) is unchanged trading at C$0.03 as of 10:26 am ET. The stock has given back 40 per cent year-over-year and more than 75 per cent since inception in 2022.
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