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Heritage Mining (CSE:HML) president, CEO and director Peter Schloo has expressed optimism 2023 will be a “fantastic year” for the company after the sampling program at the Drayton Black Lake (DBL) project returned with the highest gold assay ever at 2,330 g/t gold.
“We did some check sampling on our project from historical results. We wanted to make sure that everything checks out. And then what we did is build on that by executing a channel sampling program over our three target areas, which have now been defined. And we’re very excited about 2023,” School said.
DBL is located approximately 20 kilometers northeast of Sioux Lookout, Ontario, and covers 30 kilometers of the Central Volcanic and Southern Sedimentary domains within the Eagle-Wabigoon-Manitou (EWM) Greenstone Belt, which also hosts Treasury Metals Inc.’s (TSX:TML) Goliath Gold-Silver Complex immediately to the southwest.
Heritage Mining will begin the process of application for a permit, which Schloo says would be the second milestone for the project. The CEO added his company is also looking for new potential targets in 2023.
”We’re poised for discovery. And on top of that, we’re in a fantastic address in close proximity to infrastructure. We have a team that’s been there and done it before… So we have the eyes to see if there’s really something there,.. if there’s going to be a flood of capital, and people are going to start paying more attention to the junior gold sector in Ontario, we’re poised for a rewrite… I think it’s (time to) put your seat belts on. 2023 is going to be a fantastic year.”
Investing News Network (INN)
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
