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Heritage Mining Ltd HMNGF


Primary Symbol: C.HML

Heritage Mining Ltd. is a Canada-based mineral exploration company. The Company is advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Company’s Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. The Drayton-Black Lake project is located in the Kenora District in Northwestern Ontario approximately 25 kilometers (km) east of the town of Sioux Lookout, Ontario and approximately 350 km northwest of the city of Thunder Bay, Ontario. The property is approximately 15,257 hectares (ha). The Contact Bay project covers over 4,700 ha and is located approximately 14.5 km south of Dryden, Ontario and borders KG Exploration. The Company also has an option agreement to acquire a 100% interest in the Zarn Lake property and Scattergood property.


CSE:HML - Post by User

Comment by Veritas419on Feb 17, 2024 8:46pm
162 Views
Post# 35886277

RE:RE:RE:RE:Volume increases📈🐋

RE:RE:RE:RE:Volume increases📈🐋Unless they have a sugar daddy behind the door, I don't see how they will survive.  The problem when you reach this stage of cashlessness is that nothing is being done anymore, its survival mode, you start to loose your employees and contractors.  Sadly its the dominoes effect.  Another point to consider is that gold remains way undervalued compared to the production cost to extract an Oz of the precious metal these days.  And with Cryptos / Bitcoin sucking up the money that would have gone into gold, one can wonder if gold will keep its value as a precious metal in thelong run.  Better to invest in critical metals.
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