Heritage Mining Ltd. announced the Company has begun mobilizing field teams in advancement of its fully permitted Phase 1 exploration drilling program at its Drayton - Black Lake project located near Sioux Lookout, Ontario. The Project is located within Eagle-Wabigoon-Manitou greenstone belt of the Wabigoon Subprovince, which also hosts the Treasury Metals Inc.'s Goliath and Goldlund deposits. The Company is also pleased to announce its participation via sponsorship and attendance to the Lac Seul Career Fair this coming May 10th, 2023.

The Company's 2023 exploration program includes detailed mapping, channel sampling and 3D geologic block modeling in advance of planned and permitted phase one drilling at Alcona, Moretti and New Millennium: Alcona: Mineralized deformation corridor over 1km strike by 200m wide consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins open in all directions; Moretti: Mineralized deformation corridor over 2,500m of strike 500m wide consisting of discrete zones of deformed volcanic rocks and shear parallel quartz veins ranging from cm to meter scale; and New Millennium (Never Drilled): At least three mineralized deformation corridors consisting of multiple discrete zones of deformed volcanic rocks and shear parallel quartz veins, rocks up to 2330g/t gold; A 3D geologic and structural block model will help further refine the drill design and help in prioritizing the pipeline of precious and base metal projects for future follow-up exploration.