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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 Friendo13on Oct 23, 2024 2:21pm
77 Views
Post# 36278952

RE:RE:RE:Winter drill program please

RE:RE:RE:Winter drill program pleaseI don't think shutting down drilling for winter is unusual or out of the norm so I will agree with you on that point. The posters comment about keeping drilling going thru winter is very specific and tied to the fact that  the first half of the drill season was a train wreck of lost holes and a lack of results when it comes to finding the high grade core. The stock price is reflecting it as we speak and it will take sustained good results to turn it around. Our CEO is pinning his hopes on the last holes of the season which won't  be known  until late February at the earliest. At the same time we will likely end the year with about $10 million capital left which means between Jan 1st and the start of drilling we will need to raise $. Running a small drill program during the winter makes sense to keep news flow going to continue defining the core if we hit on the last holes planned or hitting it if the last planned holes miss. Hercules will NOT have the luxury of being the only investable Jr drilling in 2025 so investors better be prepared! 
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