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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 Nov 04, 2024 7:29am
127 Views
Post# 36294776

Press release

Press releaseIt looks like they are closing in on the potassic core to the south (the NW was a red herring).  They also have early indications of another porphyry centre to the NE.

The enrichment blanket continues to the south but we have no estimates of grade as of yet.  I am encouraged that they have the enrichment blanket over the potassic core.  I am also encouraged that the Hercules rhyolite is thinning to the south.  Both discoveries support economic viability.

I can't foresee Barrick walking away from this one.  There is far too much copper in the ground.  I'm expecting another financing/buy in from someone this winter.
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