Heritage Mining Ltd.
HML.CN
Canadian Securities Exchange0.03
CAD
-NaN
- -
Heritage Mining Ltd.
HML.CN
(Canadian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Heritage Mining Ltd. is a Canadian mineral exploration company focused on advancing high-grade gold, silver, and copper projects primarily in Northwestern Ontario. Its core assets include the flagship Drayton-Black Lake and Contact Bay projects, both situated within the Eagle-Wabigoon-Manitou Greenstone Belt near Sioux Lookout, Ontario. The company engages in systematic exploration activities such as soil sampling, drilling programs, structural interpretation, and geological modeling to unlock the potential of these historically underdeveloped greenstone belts. Heritage Mining also holds interests in additional exploration properties like the Scattergood project acquired through strategic land consolidations. Recent major developments include acquiring a 75% interest in the Melba Mine via an asset purchase agreement with Advanced Gold Exploration Inc., facilitating the company’s entry into the Kirkland Lake Gold District. The company has raised capital through non-brokered private placements to support ongoing drilling and exploration programs, including a recent tranche that secured over C$500,000 for the Melba Project and other exploration sites. Heritage Mining has expanded its claim holdings, including a significant land position acquisition in the Western Wabigoon area and new claims in Ontario (Zarn Lake Claims). Its 2024-2025 exploration program emphasizes intensive diamond drilling and advanced geochemical surveys at multiple priority targets, focusing on the Zone 3 Extension and other promising prospects to advance deposit delineation. Founded in 2021 and headquartered in Vancouver, British Columbia, Heritage Mining operates within the mining exploration industry targeting high-potential gold-silver-copper deposits. The company targets retail and institutional investors focused on junior mineral exploration with a growing portfolio concentrated in historically significant Canadian mining districts. Heritage Mining continues to pursue strategic expansions and partnerships, demonstrating a focused approach toward developing valuable mineral assets in established geological regions through prudent acquisitions and advanced exploration techniques.