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Hercules Metals Corp V.BIG

Alternate Symbol(s):  BADEF

Hercules Metals Corp., formerly Hercules Silver Corp., is a Canada-based exploration company. The Company is focused on developing Idaho's newest copper and silver district. The 100% owned Hercules Project, located northwest of Cambridge, hosts the recently discovered Leviathan porphyry copper system. The Hercules Property represents 8,850 acres consisting of one patented lode claim, 416 unpatented lode claims and approximately 1,165 acres of mineral rights owned in fee. The Company also holds the right to conduct exploration, drilling, road building, mining and milling activities on 1,770 acres of surface within the Hercules Property. The Hercules Property is located on the northwestern shoulder of Cuddy Mountain, 200 kilometers (km) northwest of Boise, Idaho. It also has a diversified metal portfolio, including the newly discovered porphyry copper target at the Hercules Project in Idaho.


TSXV:BIG - Post by User

Post by CaptainMon Dec 27, 2023 1:28am
218 Views
Post# 35800824

Assays

AssaysSince hole 8 very likely also has the supergene zone,  which I have inferred to be the case from the Oct 10 NR that stated 4 holes  exhibited supergene (NR doesn't say which 4, but by looking at the depth of holes and sulfide mineralization should be 5, 8, 11, 21), the top supergene should assay well, but hard to predict how the rest of the hole did?

As a result,  Chris Paul (CEO of BIG) should wait with the IP (assuming it is good) until hole 8 assays are received.   If the hole 8 assays are mediocre,  he can combine that with the IP, which may provide context.

This approach may help with any volatility in the stock price also.  




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