Hemlo Mining Corp. Extends Gold Mineralization 300 Metres to the East with Multiple High-Grade Intercepts

Core Viewpoint - Hemlo Mining Corp. has reported promising assay results from its 2025 E-Zone exploration drilling program at the Hemlo Gold Mine, indicating potential for increased mineral resources and reserves in the E-Zone, which is located near existing infrastructure [1][2]. Exploration Results - The 2025 E-Zone exploration program included six drill holes totaling approximately 4,240 meters, successfully identifying gold mineralization and suggesting future resource growth [2][6]. - Significant gold intercepts include 19.11 g/t Au over 5.0 m in hole 6702501, 15.79 g/t Au over 5.0 m in hole 6702503, and 7.08 g/t Au over 12.1 m in hole 6702505 [6][10]. Geological Interpretation - The E-Zone is interpreted to extend approximately 1,000 meters vertically and 500 meters east-west, remaining open at depth, which enhances the potential for continued mineralization [3][6]. - The E-Zone may serve as an analogue to the C-Zone mineralized system, which has historically supported over two decades of gold production [4][10]. Future Development Plans - In 2026, the company plans to advance development by driving an exploration drift of approximately 300 meters to access the E-Zone and conduct further drilling to test mineralization continuity [7][20]. - The E-Zone's proximity to existing infrastructure is expected to simplify mining sequences and provide options for increased mining rates in the future [2][6]. Historical Context - The C-Zone mineralized system has produced approximately 3.7 million ounces of gold, with a vertical extent of about 1.8 kilometers, highlighting the scale and longevity of the Hemlo mineralized system [4][6]. Company Background - Hemlo Mining Corp. recently acquired the Hemlo Gold Mine from Barrick Mining Corp. for up to US$1.1 billion and aims to establish itself as a leading Canadian mid-tier gold producer [16].