Hemlo Explorers Inc. announced that it has been selected to receive grant funding of up to $200,000 under the Ontario Junior Exploration Program (?OJEP?) from the Ontario Government. This amount will cover up to 50% of eligible exploration costs, to a maximum of $200,000 in respect of expenditures incurred by the Company during the period from April 1, 2023 to February 15, 2024. The Company also received a $200,000 OJEP Grant for the 2022 exploration program.

Through OJEP, the Ontario Government is investing in early exploration to create meaningful opportunities for junior companies to find the mines of the future. Incentivizing early exploration will help province remain globally competitive, find new deposits of critical minerals, and create new economic development and job opportunities for northern and Indigenous communities.