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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

Post by Retiredgeoon Jun 23, 2024 10:15am
227 Views
Post# 36102156

Is 23-05 a mineable copper deposit?

Is 23-05 a mineable copper deposit?
Worldwide the minimum threshold for an open pit Copper mine is 0.25% Cu (no cover rock).  The minimum threshold for an underground Copper mine is 1.25% Cu.  No matter how you cut it 45 m of 1.94% Cu is a spectacular interval.  Can they find lots more?  That is the question.

Mine engineering isn't my expertise but I'm thinking of a triangular open pit mine in the SE quadrant of the IP survey area  with adits at the bottom of the pit accessing that which is underneath the Hercules rhyolite.  I can't imagine the mine operator removing all of that Hercules rhyolite unless the silver content pays for it.  Hole\ 23-05 is underground mine country in my book. 
 
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