VANCOUVER, BC, April 22, 2024 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2024 drilling and additional exploration program on its flagship Drayton-Black Lake Project (“DBL”). The program’s primary focus will be to drill six priority targets at DBL (Figure 1).

Read the full News Release here.

VANCOUVER, BC, April 15, 2024 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the appointment of two key advisors, Dr. Brett Davis and Paul Warren. The Company is also pleased to announce that further to the announcement on February 26, 2024 it has received in full the Ontario Junior Exploration Program (“OJEP”) grant totaling C$200,000 from the Ontario Ministry of Mines.

Read the full News Release here.

• The 2023 exploration and drill program has confirmed the presence of multiple, extensive, structurally controlled and locally high-grade Au and Au-Ag Mineralized systems.
• Prospecting program evaluated seven highly prospective areas advancing six to drill ready status for the 2024 exploration program.
• Alcona Area, HML23-017: lower portion of the hole returned multiple anomalous narrow intervals 0.68 g/t Au over 4.9m from 138.25m, 0.63g/t over 2.5m from 149m, 1.98 g/t Au over 0.8m from 239.2m supporting a wide anomalous mineralized gold zone.

Read the full News Release here.

VANCOUVER, BC, January 15, 2024 – Heritage Mining Ltd. (CSE: HML FRA: Y66)
(“Heritage” or the “Company”) is pleased to announce that it has closed the non-brokered
private placement financing previously announced on December 29, 2023 (the “Private
Placement”).

The Company raised an aggregate of $439,000 in gross proceeds on the issuance of
8,780,000 units (“Units”). Each Unit was issued at a price per Unit of $0.05 and is comprised of
one common share in the capital of the Company (“Common Share”) and one Common Share
purchase warrant entitling the holder to acquire one Common Share for a period of 24 months
from issuance at an exercise price of $0.075 (“Warrant”).

Read the full News Release here.

VANCOUVER, BC, December 29, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce a non-brokered private placement of units for gross proceeds of up to $500,000 and that it has been approved for a $200,000 grant (the “Grant”) from the Ontario Ministry of Mines under the Ontario Junior Exploration Program (“OJEP”).

Non-Brokered Private Placement

The Company intends to issue, pursuant to a non-brokered private placement, up to 10,000,000 units (“Units”) of the Company at a price of $0.05 per Unit, for aggregate gross proceeds of up to $500,000 (the “Offering”).

Read the full News Release here.

VANCOUVER, BC, December 4, 2023 – Heritage Mining Ltd. (CSE: HML FRA: Y66) (“Heritage” or the “Company”) is pleased to announce the geophysical interpretation for its Contact Bay property (“Contact Bay”), a wholly owned exploration project located 12 kilometers south-southwest of the town of Dryden in Ontario.

Exciting highlights from our exploration efforts include the interpretation defining two substantial mafic-ultramafic intrusive bodies with multiple Ni-Cu-PGE Target Areas (Figure 1,2):

• Nabish Lake Area (Ni-Cu-PGE) (~ 5km long, up to 1km wide, over 1km in depth)
• North Nabish Lake Area (Ni-Cu-PGE) (~ 2km long, 1km wide, over 1km in depth)

Read the full News Release here.

VANCOUVER, BC, November 30, 2023 – Heritage Mining Ltd. (CSE:HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce additional drill results from its Phase 1 2023 program at Alcona and Moretti at its flagship Drayton-Black Lake Project (“DBL Project”). The Company is also pleased to announce that Heritage is now planning the Phase II exploration and drill program to further define the deposit potential at Alcona.

2023 Drill Program Highlights:

• Alcona Area, HML23-007: 0.90 g/t Au over 10.15m from 104.75 (Figure 1,2)
• Moretti Area, HML23-012: 1.01 g/t Au over 5m from 105m
• Alcona Area approved for Phase II Drill Program (Figure 1,2)

Read the full News Release here.

VANCOUVER, BC, October 24, 2023 – Heritage Mining Ltd. (CSE: HML FRA: Y66) (“Heritage” or the “Company”) is pleased to announce the field program results for its Contact Bay property (“Contact Bay”) as of October 24, 2023, a wholly owned exploration project located 12 kilometers south-southwest of the town of Dryden in Ontario. The Company has also entered into an asset purchase agreement dated September 19, 2023 to acquire two unpatented mining claims in Ontario (the “Mining Claims”) within the Contact Bay Project (Anderson Area) in exchange for the issuance of 100,000 common shares in the capital of the Company (the “Transaction”).

Highlights:

• Nabish Lake Area – Confirmed economic Cu and Ni mineralization up to 1.9% Cu and 0.4% Ni across several kilometers of the Nabish Lake mafic-ultramafic intrusion
• New Cu mineralization area discovered
• Rognon Mine Area – Confirmed high grade gold mineralization across 2km potential shear zone
• Package expansion (Anderson Claims)
• All areas easily accessible with year-round access

Read the full News Release here.

VANCOUVER, BC, October 17, 2023 – Heritage Mining Ltd. (CSE:HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce drill results (holes 1-6) from its Phase 1, 2023 program in the Alcona Area at its flagship Drayton-Black Lake Project (“DBL Project”). The drill program totaled 2,208m of NQ2 diamond drill core in 9 holes within the Alcona Area (holes 7, 8 and 17 pending).

Alcona Area Drill Program Highlights:

• Multiple significant Au-Ag intersections within broad anomalous zones in each hole (1 to 6)
• ~1km strike length and ~145m vertical depth confirmed by current drill results
• Highest drill intersection ever recorded:

Read the full News Release here.

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FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, September 20, 2023 – Heritage Mining Ltd. (CSE:HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the field program at the Contact Bay Property (“Contact Bay”) has been completed ahead of schedule and under budget. The Company is now in process of prioritizing additional targets at its flagship Drayton-Black Lake Project (“DBL Project”) to capitalize on remaining time in the field season with mobilization as early as next week. The Company’s active drill program at its DBL Project remains encouraging. While assays are pending, multiple intervals (within each hole) of mineralized veining have been identified in the Alcona Area containing sulfide mineralization frequently associated with gold mineralization.

Read the full News Release here.

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FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, September 14, 2023 – Heritage Mining Ltd. (CSE:HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce AZI Drilling has completed its drill program at the Alcona Target Area and New Millenium Target Area and is now mobilizing to the Moretti Target Area (“Moretti”) at its flagship Drayton-Black Lake Project.

Drilling Mobilization

The Company has mobilized its diamond drill program to Moretti from the New Millennium Area at its flagship Drayton-Black Lake Project located in Northwestern Ontario approximately 25km East of the town of Sioux Lookout by paved highway. The Phase 1 Drill Program previously announced on August 3, 3023 consisted of 3,600m of diamond drilling completed over the three priority target areas.

Read the full News Release here.

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FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, September 5, 2023 – Heritage Mining Ltd. (CSE:HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce AZI Drilling has completed its drill program at the Alcona Target Area and is now mobilizing to the never drilled, New Millennium Target Area at its flagship Drayton-Black Lake Project.

Drilling Mobilization

The Company has mobilized its diamond drill program to New Millennium from Alcona Area at its flagship Drayton-Black Lake Project site located in northwestern Ontario approximately 25km East of the town of Sioux Lookout, Ontario by paved highway. The Phase 1 Drill Program previously released on August 3, 3023 which consists of a 3,600m diamond drill program over the three priority target areas.

Read the full News Release here.

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FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, August 21, 2023 – Heritage Mining Ltd. (CSE: HML FRA: Y66) (“Heritage” or the “Company”) is pleased to announce that it has closed the third and final tranche (“Tranche Three”) of its non-brokered private placement financing previously announced on August 2, 2023 and March 31, 2023.

The Company raised an aggregate of $472,399.69 pursuant to Tranche Three, of which $432,399.69 was raised on the issuance of 4,804,441 units (“Units”) and $40,000.00 was raised on the issuance of 400,000 flow-through units (“FT Units”). Each Unit was issued at a price per Unit of $0.09 and is comprised of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months from issuance at an exercise price of $0.15 (“Warrant”). Each FT Unit was issued at a price per FT Unit of $0.10 and is comprised of one Common Share which will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.

The Company paid an aggregate $6,840.00 in cash commissions and issued an aggregate of 76,000 compensation options (the “Compensation Options”) in connection with Tranche Three. Each Compensation Option entitles the holder to acquire one Compensation Option Unit for a period of 36 months from issuance at an exercise price of $0.09. Each Compensation Option Unit consists of one Common Share and one Warrant.

Proceeds of Tranche Three will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project, in addition to general working capital. All securities issued pursuant to the Tranche Three are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule.

For further information about the Company, please see the Heritage’s profile on SEDAR at www.sedar.com.

Download the news release here.

ABOUT HERITAGE MINING LTD.
The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo – Chief Executive Officer, President and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, August 21, 2023 – Heritage Mining Ltd. (CSE: HML FRA: Y66) (“Heritage” or the “Company”) is pleased to announce that it has closed the third and final tranche (“Tranche Three”) of its non-brokered private placement financing previously announced on August 2, 2023 and March 31, 2023. The Company raised an aggregate of $472,399.69 pursuant to Tranche Three, of which $432,399.69 was raised on the issuance of 4,804,441 units (“Units”) and $40,000.00 was raised on the issuance of 400,000 flow-through units (“FT Units”). Each Unit was issued at a price per Unit of $0.09 and is comprised of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months from issuance at an exercise price of $0.15 (“Warrant”). Each FT Unit was issued at a price per FT Unit of $0.10 and is comprised of one Common Share which will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant. The Company paid an aggregate $6,840.00 in cash commissions and issued an aggregate of 76,000 compensation options (the “Compensation Options”) in connection with Tranche Three. Each Compensation Option entitles the holder to acquire one Compensation Option Unit for a period of 36 months from issuance at an exercise price of $0.09. Each Compensation Option Unit consists of one Common Share and one Warrant. Proceeds of Tranche Three will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project, in addition to general working capital. All securities issued pursuant to the Tranche Three are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule. For further information about the Company, please see the Heritage’s profile on SEDAR at www.sedar.com.

For further information, please contact:

“We appreciate the continued support from existing and new stakeholders. We look forward focusing on capital deployment towards the drill program at our Drayton-Black Lake Project and developing our wholly owned Contact Bay to drill ready status.” Peter Schloo, President, CEO and Director of Heritage 

Download the news release here.

ABOUT HERITAGE MINING LTD.
The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, August 14, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce the mobilization of its exploration program for Contact Bay Property (“Contact Bay”) as of August 12, 2023, a wholly owned exploration project located 12 kilometres south-southwest of the town of Dryden in Ontario.

The Company has commenced a systematic exploration program along with geophysical and geological interpretation via its previously announced partnership with Mira Geosciences leveraging the Airbourne EM and Mag survey previously completed by Heritage and wealth of historical information.

“Heritage has a wholly owned property which includes the past producing Old Rognon/Wachman Mine in the northeastern portion of the property and anomalous Copper, Nickle and PGE from historical drilling and surface sampling on the southeast portion. We look forward to developing targets to a drill ready status in short order on this highly prospective wholly owned land package in a systematic manner.” Commented Peter Schloo, President, CEO and Director of Heritage Mining Ltd.

Contact Bay – Past Producer and Exploration Activities (Figure 1)

The Old Rognon/Wachman Mine produced 22.2 oz of gold and 0.5 oz of silver from 49 tons milled while in operation between 1916 and 1918. Development is reported to be a shaft 106 ft deep with 307 ft of lateral development on two levels, including a raise to surface from the first (50 ft) level. Stripping and pitting was extensive over the vein length of 1500 feet. Past data from the area includes historical grabs up to 6.5% Cu and 3.5% Ni. Platinum and palladium up to 280 ppb on the south-east portion of Contact Bay. The Company has also flown airborne EM and MAG surveys over the entire Contact Bay project and will be incorporating this into its target generation.

Additional exploration work on the property includes drilling and surface exploration with focus on Copper, Nickel and PGE.

Figure 1: Contact Bay – Project Overview

Qualified Person
Robert Scott, Exploration Manager for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

Download the news release here.

ABOUT HERITAGE MINING LTD.
The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

New Millennium: At least two mineralized deformation corridors consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins.

Grab samples from the New Millennium T99-3 and T99-5 trenches along the Central Vein (Figure 3):

• F809099 12.4 g/t and 46.7 g/t Ag
• F809123 1.54 g/t Au and 0.61 g/t Ag
• F809122 0.636 g/t Au and 2.72 g/t Ag
• F809121 2.82 g/t Au and 12.05 g/t Ag
• F809095 0.784g/t and 3.14 g/t Ag

These results confirm the mineralization along the central vein system and has highlighted areas of higher grade which will help guide the proposed drill plan at New Millennium.

Moretti Area: Mineralized deformation corridor over 2,500m consisting of discrete zones of deformed volcanic rocks and shear parallel quartz veins ranging from cm to meter scale. New Logging activities in the north eastern portion of the Property allow for improved access, ideal for prospecting and drilling over more than five historic mineral occurrences on the property inclusive of the advanced target, Moretti.

At the north vein prospect, a large, well exposed (to the NE-trending Moretti shear) vein was channeled in 2022 (See NR November 29, 2022) along strike to assess the bulk gold tenor of that vein and confirm historical sample results. The 2023 Exploration Team continued indicated channel sampling incomplete from last year’s program. Highlights include (total length):

• CH23-002 (2m) including 15.70 g/t Au and 2.01 g/t Ag over 1m and 4.72 g/t Au and 0.08 g/t Ag over 1m
• CH23-003 (4m) including 26.20 g/t Au and 2.18 g/t Ag over 1m and 10.05 g/t Au and 0.13 g/t Ag over 1m
• Including internal dilution with no cutoff applied
• The results compare well with historical sampling.
• High-grade gold samples typically exhibit low Ag/Au ratios, in contrast to those from the Alcona area.

Qualified Person

Robert Scott, Exploration Manager for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

ABOUT HERITAGE MINING LTD.
The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure. 

Download the news release here.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, August 2, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that, due to continued demand from investors, it has extended the closing date for the final tranche of its previously announced non-brokered private placement financing until no later than August 17, 2023 and looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule.

ABOUT HERITAGE MINING LTD.
The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure. 

Download the news release here.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, July 20, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce it has engaged Mira Geoscience as part of its systematic exploration program for both its flagship Drayton-Black Lake and Contact Bay Projects.

Mira Geoscience has an outstanding reputation for target development and enhancement. Their team of experts will be available to perform integrated interpretation, geological and geophysical modelling as well as target development/ enhancement with immediate focus on the Company’s three high priority target areas (Alcona, New Millennium and Moretti) for its planned Phase 1 drill program at its flagship Drayton-Black Lake Project.

The purpose is to enhance our priority targets, providing additional insight to extend mineralization along strike and at depth ahead of planned drilling scheduled to commence on July 31, 2023.

Mira Geoscience will then focus on our other initiatives to develop both of Heritage’s projects in a systematic manner.

The Drayton-Black Lake projects has approximately 36 mineralized occurrences registered in the Ontario Mineral Inventory Data Base with over approximately 100 years of data available. Contact Bay has approximately 6 mineralized occurrences registered in the Ontario Mineral Inventory Data base dating back as far as 1916. Heritage looks forward to advancing these areas in a systematic manner.

“Mira Geosciences’ philosophy is to seamlessly integrate the world’s most advanced earth modelling technologies into workflow-based solutions that provide better, faster decisions for their clients. We are very excited to work with Mira Geoscience to both enhance and complement our work to date and take our projects to the next level from a geoscience perspective. There is a significant amount of historical geophysical data available on both projects, we look forward to taking full advantage of that as part of our systematic exploration strategy.” commented Peter Schloo, CEO, President and Director of Heritage.

Download the news release here.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, July 17, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce it completed a detailed mapping program prior to the commencement of the Phase 1 drilling program in the Alcona Area at its flagship Drayton-Black Lake Project. Phase 1 drilling is planned to commence approximately on July 31, 2023.

Alcona Area: Broad (>200m) composite mineralized deformation corridor over 1,000m (up to 200m wide) consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins. This corridor is open along strike and at depth.

The 2023 Alcona mapping program confirmed high priority locations of historical workings, drillholes, samples and quartz veining. This invaluable information has played a pivotal role in revising the upcoming drill program, enabling the Company to optimize its exploration efforts and increase the likelihood of successful outcomes.

The comprehensive mapping initiative has provided Heritage with valuable information concerning the regional geology, deformation, structures and mineralization patterns present in the area which will guide its exploration strategy going forward (Figure 1). The mapping program has also allowed the Company to identify and plan prospecting in other underexplored areas of interest (Figure 2). The data from the mapping program has not only optimized target selection but also provided valuable insights into the geological controls on mineralization. As a result, Heritage believes it is in a position to confidently prioritize its drilling efforts in 2023.

The mapping of the Alcona-Powerline Prospect veins (Figure 3) confirms the presence of a tightly folded quartz vein and chaotic veining within the hinge zone. The texture of the veining is boudinage, the wall rock adjacent to the vein contacts is mylonitic and the direction of elongation is parallel to the strike. This complex area of folding and deformation likely acted as a buffer, producing localized zones of lower strain, which are ideal traps for gold mineralization. This prospect has confirmed high-grade channel samples from the previous years program, never drilled until this year.

“Completing our mapping on Alcona area on schedule is a great accomplishment. We remain razor focused on advancing our targets in sequence and providing regular updates to inform our stakeholders as we progress. Given the amount of data digitally available, an immense effort has been taken to ground truth and test historical workings as well as extensions in the area. We are now drill ready. Our focus on this area going forward is to extend the strike length on either side of the Alcona Area through drilling and prospecting . We are very excited about what the Summer has in store for our flagship project and look forward to providing shareholders with additional updates in the near future” Commented Peter Schloo, CEO, President and Director of Heritage. 

Download the news release here.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

 VANCOUVER, BC, June 28, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce it has secured AZI Drilling Ltd. (“AZI Drilling”) for its Phase 1 3600m drill program. Phase 1 drilling is planned to commence approximately July 31, 2023. 

AZI Drilling’s operational team has over 25 years of experience within the Canadian Shield and specializes in orogenic lode gold mineralized systems, which provides Heritage with an advantage with respect to its Phase 1 drill program. AZI Drilling has established relationships with First-Nation communities and remains open to equal employment opportunities with focus on recruiting local talent. AZI Drilling is also environmentally conscious utilizing systems to significantly reduce water consumption (by up to 90%) and the required drilling fluid additive while maintaining safety to all stakeholders as its top priority. 

“We are proud to have AZI Drilling as our drilling partner, with aligned values, and look forward to working together as we advance our flagship Drayton – Black Lake Project. This engagement enforces our commitment to stakeholders to deliver results in a timely matter through our Summer drill program. We are very excited about what the Summer has in store for our flagship project and look forward to providing shareholders with additional updates in the near future” Commented Peter Schloo, CEO, President and Director of Heritage. 

Download the news release here.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, June 19, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it has closed the second tranche (“Tranche Two”) of its non-brokered private placement financing previously announced on March 21, 2023 (the “Offering”).

The Company raised an aggregate of $450,249.93 pursuant to Tranche Two, of which $405,000.00 was raised on the issuance of 4,050,000 flow-through units (“FT Units”) and $45,249.93 was raised on the issuance of 502,777 units (“Units”). Each Unit was issued at a price per Unit of $0.09 and is comprised of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months at an exercise price of $0.15 (“Warrant”). Each FT Unit was issued at a price of $0.10 and is comprised of one Common Share which will qualify as a “flowthrough share” as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.

The Company paid an aggregate $25,620.00 in cash commissions and issued an aggregate 258,000 compensation options (the “Compensation Options”) in connection with Tranche One. Each Compensation Option entitles the holder to acquire one additional Unit at a price of $0.09 for a period of 36 months following the date of issuance.

Proceeds of Tranche Two will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project, in addition to general working capital. All securities issued pursuant to the Tranche One are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

“We appreciate the continued support from existing and new stakeholders. We look forward to developing the Drayton-Black Lake Project in a systematic manner, on schedule, and remain confident in the teams ability to close the remaining financing” said Peter Schloo, President, CEO and Director of Heritage.

The Company has also extended the closing of an additional tranche of the Offering until no later than August 3, 2023 and looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule.

Download the news release here.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

TORONTO, ONTARIO – June 13, 2023 – Heritage Mining Ltd (the “Company” or “Heritage”) (CSE: HML FRA:Y66) is pleased to announce that it has engaged Investor Cubed Inc. (“Investor Cubed”) to provide investor relations and shareholder communications services in Canada.

Heritage is focused on increasing their awareness and presence with Canadian investment community. “We believe adding Investor Cubed, an established company with 20 years’ experience, to the team will further increase our ability to introduce Heritage to key Canadian investors, including their established advisor and institutional networks,” said Peter Schloo, CEO of Heritage.

“Investor Cubed is thrilled to begin working with Heritage as the Company is at a stage where we believe advisors and institutional investors will want to be a part of this very scalable company” said Neil Simon, CEO of Investor Cubed. “Heritage is well positioned and well financed to execute on their 2023 initiatives.”

The terms of the consulting agreement with Investor Cubed (the “Agreement”), which commenced June 7th for a one-year term (terminable at Heritage’s option after three months), provides for cash compensation of $7,500.00 per month payable by Heritage to Investor Cubed for services rendered pursuant to the terms of the Agreement.

Download the news release here.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Investor/shareholder inquiries:
Investor Cubed Inc.
Neil Simon, Chairman & CEO
nsimon@investor3.ca
647-258-3310

ABOUT INVESTOR CUBED
Investor Cubed provides specialized services to small cap & mid cap private & public companies. With over 20 years’ experience Investor Cubed has built relationships with Canada’s top advisors, dealers, institutions, and investors. As a trusted partner to our clients, our objective is to help take them to the next level of development and recognition in the capital markets. We provide multiple services including Investor relations, financial consulting, dealer intros, research, going public assistance and access to capital. Through accomplishing this, we help create value for our clients’ shareholders. For more information go to www.investor3.ca. Investor Cubed can trace its success to our core values: Integrity + Insight + Intelligence = I3

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, May 23, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased announce significant advancements in the first few weeks of its fully permitted Phase 1 exploration drilling program at the flagship Drayton – Black Lake project (the “Project”) (Figure 1), located near Sioux Lookout, Ontario. The Project is located within Eagle-Wabigoon-Manitou greenstone belt of the Wabigoon Subprovince, which also hosts the Treasury Metals Inc. (TSE:TML) Goliath-Goldlund deposits.

Exploration Update:

New Millennium Area (Never Drilled): At least three mineralized deformation corridors consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins. A 5m wide orogenic load gold style sheeted quartz veins identified in the hanging and foot wall was identified on the first day of mapping at the Project. Pyrite, Chalcopyrite, and Galena observed in the vein system, similar to New Millennium veins sampled to the north. Grab sample assays pending (Figure 2). The Company has also secured a contractor to clear a trail to the New Millennium Area for proposed drilling by month’s end, weather permitting.

Peter Schloo, President, CEO and Director commented, “A fantastic find on the team’s first day at New Millennium and the largest vein in the area to date. Leveraging our local relationships, we have secured a permitted trail ahead of schedule. The trail will provide for better access thereby increasing operational efficiency and the number of available drill targets. We will continue to work with all stake holders to advance the area in a collaborative manner inclusive of all stakeholders.”

Alcona Area: Mineralized deformation corridor over 1,000 m (up to 200 m wide) consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins. The team confirmed significant galena, pyrite, chalcopyrite and sphalerite associated with a 15m corridor of primary and secondary quartz veins at the Powerline Prospect (never drilled) which has been upgraded from proposed to drill ready-status (Figure 3).

Peter Schloo, President, CEO and Director commented, “The Powerline Prospect is a great window into the Alcona Area. This extension has never been drilled and is now a priority drill target with the potential of extending strike at depth. The access is fantastic, with logging active in the area, providing additional exploration upside.”

Moretti Area: Mineralized deformation corridor over 2,500 m consisting of discrete zones of deformed volcanic rocks and shear parallel quartz veins ranging from cm to meter scale. New Logging activities in the north eastern portion of the Property allow for improved access, ideal for prospecting and drilling over more than five historic mineral occurrences on the property inclusive of the advanced target, Moretti.

Peter Schloo, President, CEO and Director commented, “Recent logging activities is fantastic for our project. This increases the probability of new discovery and optimizes capital and operational efficiency pertaining to prospecting and drilling access. There is even a logging road going right past where we want to drill at Moretti. Simply put, We spend less time and capital getting there, and more time being there, fantastic.”

Corporate Update:
In less than two weeks from mobilization, the Company has secured vital equipment for Phase 1 mapping and exploration and coreshack facilities (Figure 5).

Qualified Person

Robert Scott, Exploration Manager for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Download the news release here.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, May 8, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce the Company has begun mobilizing field teams in advancement of its fully permitted Phase 1 exploration drilling program at its flagship Drayton – Black Lake project (or the “Project”) located near Sioux Lookout, Ontario. The Project is located within Eagle-Wabigoon-Manitou greenstone belt of the Wabigoon Subprovince, which also hosts the Treasury Metals Inc.’s (TSE:TML) Goliath and Goldlund deposits. The Company is also pleased to announce its participation via sponsorship and attendance to the Lac Seul Career Fair this coming May 10th, 2023.

2022 Summary

Our 2022 program which confirmed widespread Au-Ag mineralization hosted in deformation zones ranging from discrete 3-5m wide shear structures (New Millennium) to broad (>200m) composite deformation zones (Alcona Main and Moretti Areas). Channel results along with grab samples confirm the presence of extensive, structurally controlled and locally high-grade Au-Ag mineral systems.

2023 Exploration Plans

The Company’s 2023 exploration program includes detailed mapping, channel sampling and 3D geologic block modeling in advance of planned and permitted phase one drilling at Alcona, Moretti and New Millennium:

• Alcona: Mineralized deformation corridor over 1km strike by 200m wide consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins open in all directions (Figure 2);
• Moretti: Mineralized deformation corridor over 2,500m of strike 500m wide consisting of discrete zones of deformed volcanic rocks and shear parallel quartz veins ranging from cm to meter scale (Figure 3); and
• New Millennium (Never Drilled): At least three mineralized deformation corridors consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins, rocks up to 2330g/t gold (Figure 2).

A 3D geologic and structural block model will help further refine the drill design and help in prioritizing the pipeline of precious and base metal projects for future follow-up exploration.

Historic Exploration Highlights:

• Over twenty base and precious metal prospects within seven mineralized zones, over a 15,257-hectare land package (Figure 1)
• 157 historical drill holes completed between 1947 and 2016, shallow, average hole depth ~120m
• Select historical high-grade drill results include:
  • Alcona – 6.83 g/t Au over 1.70m in hole HR-ZL-01, from 35.50m
  • Moretti – 31.87 g/t Au over 1.45m in hole BKl9914, from 110.41m
  • Moretti – historic bulk sample (8.5 tonne) assayed 14.62 g/t Au

Peter Schloo, President, CEO and Director commented, “We are excited about commencing the fully permitted 2023 field program at Drayton – Black Lake project on schedule. The project shows significant potential for multiple exploration discoveries. Last year’s successful field program at Alcona, New Millennium and Moretti confirmed high-grade gold and gold-silver mineralization and we plan to systematically advance these priority targets through to drilling. Given the scale and the number of base and precious metal mineral occurrences known on this property, the Company looks forward to evaluating and developing a pipeline of quality prospects for future exploration development, in a systematic and respectful manner inclusive and considerate of all key stakeholders.”

Community Involvement: Lac Seul Career Fair

The Company has sponsored and will be attending the Lac Seul Career Fair as part of our commitment to source local talent from the surrounding communities this coming week May 10th, 2023. The Lac Seul Career Fair will welcome students, recent graduates, and those seeking employment or further education in the area surrounding Frenchman’s Head, Sioux-Lookout and the Project. More than 70 local businesses and organizations will be attending.

Peter Schloo, President, CEO and Director commented, “We are very excited to sponsor, connect, present and provide employment and/or contracting opportunities to the local communities through career fairs such as Lac Seul Career Fair. We can’t wait to meet everyone and introduce our developing story! See you there!”

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Download the news release here.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, May 5, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that further to its April 13, 2023 press release announcing the closing of the first tranche of its non-brokered private placement offering announced on March 21, 2023 (the “Offering”), Heritage has secured sufficient capital to proceed with Phase 1 of its exploration program on its flagship Drayton-Black Lake Project as planned. The Company has also extended the closing of an additional tranche of the Offering until no later than June 19, 2023 and looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule. The Company will provide additional updates in the near future.

“We are very excited to be in a position to proceed with Phase 1 and look forward to adding shareholder value with the recent tranche one close which provides the required capital to initiate Phase 1 of the exploration program to advance our flagship Drayton Black Lake project on schedule. We look forward to updating you further in the near future once key items have been solidified and scheduled.” Commented Peter Schloo, President, CEO and Director of Heritage.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Download the news release here.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, April 13, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it has closed the first tranche (“Tranche One”) of its non-brokered private placement financing previously announced on March 21, 2023.

The Company raised an aggregate of $378,649.97 pursuant to Tranche One, of which $251,000 was raised on the issuance of 2,510,000 flow-through units (“FT Units”) and $127,649.97 was raised on the issuance of 1,418,333 units (“Units”). Each Unit was issued at a price per Unit of $0.09 and is comprised of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months at an exercise price of $0.15 (“Warrant”). Each FT Unit was issued at a price of $0.10 and is comprised of one Common Share which will qualify as a “flowthrough share” as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.

The Company paid an aggregate $17,020.00 in cash commissions and issued an aggregate 213,000 compensation options (the “Compensation Options”) in connection with Tranche One. Each Compensation Option entitles the holder to acquire one additional Unit at a price of $0.09 for a period of 36 months following the date of issuance.

Proceeds of Tranche One will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project, in addition to general working capital. All securities issued pursuant to the Tranche One are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Download the news release here.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, March 24, 2023 – Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2023 drilling and additional exploration program on its flagship Drayton-Black Lake Project (“DBL”) ahead of schedule. The program’s primary focus will be to drill three priority targets at DBL.

“The early permit approval is a confirmation of our newly established relationships with the nearby First Nations communities and the Ministry of Mines.

I would like to personally thank the Lac Seul First Nation, Ojibway Nation of Saugeen, Metis Nation of Ontario as well as the Ministry of Mines for their time and efforts to expedite the permitting process.

This is a great step forward to advancing our flagship project and we look forward to growing these mutually beneficial relationships as we progress together.

With the early permit approval in our rear view mirror, we are looking forward to advancing our flagship project this spring/summer in a systematic manner” commented Peter Schloo, President, CEO and Director of Heritage.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Download the news release here.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, March 21, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it intends to issue, pursuant to a non-brokered private placement, up to:

13,000,000 flow-through units (“FT Units”) of the Company at a price of $0.10 per FT Unit; and 2,222,222 units (“Units”) of the Company at a price of $0.09 per Unit, for aggregate gross proceeds of up to $1,500,000 (the “Offering”).

Each Unit will consist of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each FT Unit will consist of one Common Share, each of which will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada), and one Warrant.

Each Warrant will entitle the holder to acquire one Common Share (each, a “Warrant Share”) at an exercise price of $0.15 per Warrant Share until 4:30 pm (Pacific Standard time) on that date that is 36 months from the issuance closing date (the “Expiry Time”).

Closing of the Offering is expected to occur as soon as practicable and prior to May 5, 2023 and is subject to all customary approvals. Proceeds of the Offering will be used to fund the Company’s planned exploration and drilling programs on its Drayton-Black Lake Project, in addition to general working capital. The securities issued pursuant to the Offering will be subject to a four month hold period under applicable securities laws. In connection with the Offering, certain finders may receive a cash fee and/or non-transferable finder warrants.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Please see the full report here.

FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

VANCOUVER, BC, March 15, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce that it has been approved for and received funding for a C$200,000 grant (the “Grant”) from the Ministry of Northern Development under the Ontario Junior Exploration Program (“OJEP”), the maximum amount available under OJEP for a junior mining company, in respect of expenditures Heritage incurred in advancing its flagship Drayton-Black Lake Project during the period April 2022 to February 2023.

“We would like to thank the Ministry of Northern Development for the approval and now receipt of funds pertaining to the OJEP program. We look forward to further advancing our projects in Northwestern Ontario in a systematic manner.” commented Peter Schloo, President, CEO and Director of Heritage.

OJEP helps junior mining companies finance early exploration projects in Ontario. These projects help boost mineral exploration, growth and job creation in the province.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Please see the full report here.

VANCOUVER, BC, March 14, 2023 – Heritage Mining Ltd. (CSE: HML) (“Heritage” or the “Company”) is pleased to announce its common shares commenced trading on the Frankfurt Stock Exchange under the symbol “Y66” effective March 8, 2023. The Frankfurt Stock Exchange is one of the world’s largest (behind only the Nasdaq and NYSE) organized exchange-trading markets based on trading volume.

The listing of the Company’s common shares on the Frankfurt Stock Exchange in addition to the CSE will heighten exposure of the Company in the European marketplace, which features an investor base traditionally active in the junior mining sector. The Company is confident that trading on the Frankfurt Stock Exchange will increase its liquidity and support the development of a stronger European investor base.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.
Peter Schloo, CPA, CA, CFA President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca

Please see the full report here.