03:59:58 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Heartfield Mining Corp
Symbol HMC
Shares Issued 17,325,001
Close 2023-07-13 C$ 0.04
Market Cap C$ 693,000
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Heartfield completes El Medio work program

2023-07-18 15:56 ET - News Release

Mr. Michael Dake reports

HEARTFIELD MINING CORP. COMPLETES WORK PROGRAM ON THE NEWLY ACQUIRED EL MEDIO PROPERTY CONTIGUOUS WITH THE PORTER PROPERTY

Heartfield Mining Corp. has completed an initial work program on the El Medio claim, which is contiguous with the company's 2,422.14-hectare Porter property, located 30 kilometres west of Port Alberni, B.C.

The Apex vein occurrence is located on the El Medio claim. Recent logging activity has exposed an extension of the Apex vein and has resulted in the discovery of high-grade gold-bearing, copper-bearing and zinc-bearing mineralization in rock samples from three zones over a 275-metre distance.

The location of the Apex extension is approximately 65 metres northeast of the Apex showing (Minfile No. 092F 150). The outcrop is roughly 24 metres wide and about three metres high. Overburden is approximately 1.5 metres thick, dominated by glacial tills. The lithology of the area appears to be dominantly pillow basalts of the Triassic Karmutsen formation. There is a noted possible massive porphyritic flow on the east side of the outcrop, which is generally more competent than the pillows. The outcrop is cut by significant faulting and shearing, which appear to trend approximately 40 degrees to 50 degrees and dips steeply to the north at approximately 80 degrees. This fault zone is approximately four to five metres wide, but, due to the overburden above, the lateral extent of the zone to the north is unknown. Numerous shears are noted with dominantly clay alteration. Quartz veining ranges from millimetres to 40 centimetres thick. Mineralization is dominantly pyrite with lesser chalcopyrite and possible sphalerite and arsenopyrite.

Rock samples taken from this area returned the values shown in the attached table.

A quartz vein which is located in the area of the historic Apex showing was discovered in a creek located approximately 60 metres west of the Apex extension. The creek is approximately five metres wide and was accessed through the new logging road. The vein is hosted in what appears to be fine-grained basalt possibly chilled from vein contact.

The vein itself is a massive grey quartz with up to 20 per cent to 50 per cent locally massive blebs of pyrite and trace chalcopyrite. Several float boulders of similar quartz and sulphides were observed in the creek. This site correlates with the reported Apex vein striking 70 degrees noted in Minfile No. 092F 150. Sample No. 907068 taken from this creek returned 8.63 grams per tonne gold.

Sample No. 907067 of a quartz vein hosted in fragmental basalt was taken 150 metres east of the Apex extension area and returned 1.1 grams per tonne gold.

Soil sampling performed over the El Medio claim returned highs of 0.81 gram per tonne gold and 1.04 grams per tonne gold, respectively.

Silt samples taken from the main first-order creek draining the Apex area returned 320 parts per billion and 199 parts per billion gold, with additional high-grade values of 188 parts per million and 199 parts per million copper and 180 parts per million and 294 parts per million zinc.

The extension of the Apex vein has resulted in the discovery of gold-bearing, copper-bearing and zinc-bearing mineralization over a 275-metre strike length.

Andris Kikauka, MSc, PGeo, is the qualified person responsible for the technical content in this news release.

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