explorationupdate

🟨 Heritage Mining Confirms Visible Gold at Melba Project in Ontario

Heritage Mining Ltd. (CSE: HML; FRA: Y66) has confirmed visible gold in drill core from its ongoing diamond drilling program at the Melba Mine Project in Northeastern Ontario. This finding lies outside previously reported intervals and indicates potential for expanded mineralization zones as exploration continues.

Key Facts:

• Visible gold was identified in drill hole ML3900‑002 at ~73.3 m depth, outside previously reported assays.

• This comes after a recent announcement of 42.57 g/t Au over 1 m from ~72 m in nearby core.

• The Melba Project is located in the Abitibi Greenstone Belt, a prolific gold‑producing region of Northeastern Ontario with historic mines nearby.

• Heritage continues its diamond drilling program to explore and expand the known gold system.

Expert Insight:
Visible gold in drill core — especially outside previously tested intervals — can signal high‑potential expansion zones for mineralization. This type of discovery often increases geological confidence and supports further focused drilling in nearby targets.

#HeritageMining #GoldDiscovery #MelbaProject #MiningNews #ExplorationUpdate $USDC $XAU $PAXG

🟡 IAMGOLD (IAG) COMPLETES TWO STRATEGIC ACQUISITIONS

IAMGOLD Corporation (NYSE: IAG) has successfully completed two major acquisitions, significantly expanding its asset base and exploration footprint in Canada’s gold‑rich Quebec region.

• IAMGOLD closed the acquisition of Mines D’Or Orbec Inc., making the Muus Project part of its growing portfolio — a key step in building scale around its existing Nelligan and Monster Lake assets.

• IAMGOLD also completed the Northern Superior Resources Inc. acquisition, adding critical deposits including Philibert, Chevrier, and Croteau into its expanding Nelligan Mining Complex.

• Together, these deals create one of the largest pre‑production gold hubs in Canada, with over 3.75 million oz measured & indicated and 8.65 million oz inferred gold resources.

The acquisitions boost IAMGOLD’s strategic position in Quebec’s prolific Chibougamau district, strengthening its pipeline for future production and exploration.

Expanding land holdings and consolidating adjacent deposits can accelerate development plans and unlock operational synergies across neighboring projects — a strong signal for long‑term growth potential.

#IAMGOLD #IAG #MiningNews #ExplorationUpdate #CanadaMining $XAU $PAXG