Heritage Mining Ltd. announced 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: HML23-004: 19.45 g/t Au and 62.10 g/t Ag over 1.05m from 177.90m, contained in a 15m anomalous zone with a weighted average grade of 1.48 g/t Au from 174m to 189m. HML23-001: 1.26g/t Au over 2.15m from 38.35m, 1.54 g/t Au and 5.17 g/t Ag over 1.50m from 45.00m, These intersections are part of an 8.15m anomalous zone with a weighted average grade of 0.68 g/t Au from 38.35m to 45.55m. Note: HML23-001 confirmed at surface via prospecting "Delaney Vein" (15.35 g/t Au and 163 g/t Ag and 16.5 g/t Au and 29.9 g/t Ag surface grabs, Figure 2) proving Alcona area geological modeling.

HML23-002: 9.14 g/t Au and 30.63 Ag over 1.00m incl. 15.2 g/t Au and 50.70 Ag over 0.50m, This intersection is part of a 11.40m anomalous zone with a weighted average grade of 0.86 g/t Au from 30.70m to 42.10m. HML23-003: 1.34 g/t Au over 1.30m from 5.7m, 5.32 g/t Au and 11.85 g/t Ag over 0.65m from 11.85m, These intersections are part of a 6.8m anomalous zone with a weighted average grade of 0.77 g/t Au from 5.70m to 12.50m.

HML23-004: 1.81 g/t Au over 1.00m from 65m, 1.96 g/t Au and 3.51 g/t Ag over 2.90m from 70.60m including 4.81 g/t Au and 8.05 g/t Ag over 0.50m, These intersections are part of a 8.50m anomalous zone with a weighted average grade of 0.91 g/t Au from 65.00m to 73.50m, 19.45 g/t Au and 62.10 g/t Ag over 1.05m from 177.90m. These intersections are part of a 15.00m anomalous zone with a weighted average grade of 1.48 g/t Au from 174m to 189m. HML23-005: 5.75 g/t Au and 30.41 g/t Ag over 1.35m from 70.30m incl.

9.75 g/t Au and 53.30 g/t Ag over 0.75m. These intersections are part of a 10.40m anomalous zone with a weighted average grade of 0.79 g/t Au from 70.30m to 80.70m.