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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 Retiredgeoon Jun 08, 2024 8:49am
184 Views
Post# 36079072

Geophysical anomalies

Geophysical anomaliesAs we close in on the release of the first holes I have a few thoughts.  

The Bornite blanket, whatever it is, doesn't belong in the classic porphyry model.  It is increasing to the NW.  All of the 2023 holes support this notion. They may have figured out that the Leviathan porphyry is to the SW.  Holes 23-21 and 23-26 support this notion.  Think overlap.
 
I am not reading anything into bouncing the drills around.  They will return to the NW once they have thoroughly analyzed holes 1,2 and 3.  They have got a big property to explore.  Time is money.

As a rule stay away from the IP, magnetic and conductivity highs. These are usually things that the intrusion is throwing off.  You want the mundane rock in between. The IP highs are from the pyrite shell.  The potassic core can be magnetic but huge magnetic blobs are usually magnetite skarns being thrown off by the intrusion.  Conductivity is usually hydrothermal veins being thrown off by the intrusion. There is a lot of mundane rock to the west of the geophysical highs.  That is probably where the porphyry is hiding.
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