Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 May 26, 2024 10:57am
170 Views
Post# 36057908

Step-out holes to have better grades than discovery hole 5?

Step-out holes to have better grades than discovery hole 5?From AUPop on ceo:

We observed increasing grades in the upper bornite/enriched and lower copper mineralization zones as we moved from higher to moderate chargeability in ALL deep holes drilled last year in the vicinity of the discovery. This is an important and well-established pattern.

Hole 26, the furthest drilled into moderate chargeability, showed significant grade improvement compared to hole 21, drilled at the transition from high to moderately-high chargeability. Similarly, hole 5, drilled at a comparable transitional point, contrasted with the newly drilled holes 1 to 3, now positioned in moderate chargeability like hole 26. I anticipate 2024 holes 1 to 3 will show better grades than 2023 discovery hole 5, predicting 0.90-1.1 % Cu over 200+ meters.
Fwiw, in January, I said "I would venture to guess hole 26 will be around 130-160 m of 0.65 - 0.81 % Cu", with official hole 26 assays being 100m of 0.76 % Cu.

<< Previous
Bullboard Posts
Next >>