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Hercules Metals Corp BADEF


Primary Symbol: V.BIG

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

Comment by CaptainMon Apr 14, 2024 10:03am
67 Views
Post# 35988121

RE:RE:GoldFinger Capital On Hercules

RE:RE:GoldFinger Capital On HerculesGreat summary Retiredgeo.  

RetiredGeo, perhaps the traces of biotite and magnetite in Hole 26 is the smoking gun that Belmont is the potassic center?

From previous NR on hole 26:  "...potassic alteration is manifested as minor amounts of fine-grained biotite and magnetite as well as anhydrite/gypsum veinlets." While hole 5 may be higher grade, hole 26's enriched zone is wider and it was described to contain magnetite/biotite"

No mention of Biotite/Magnetite in Hole 5.  Also the width of the enriched zone is greater in hole 26, albeit lower grade.  Rising temperatures in that hole have been noted too.
The fact that they are drilling Belmont first, should also tell us something.
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