Bullboard - Stock Discussion Forum 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... see more

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Hercules Metals Corp > Why are there holes 9A and 9B?

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Post by Retiredgeo on Aug 02, 2024 5:54pm

Why are there holes 9A and 9B?

If a hole has to be abandoned for reasons other than excessive water flow the drill is moved a little bit and another hole is collared close to the first one. The first attempt became 9A. The second attempt became 9B. A third attempt will probably be 9C.

I'm guessing the fault gouge proved impenetrable to the diamond drill. The RC drill will be needed to grind a hole through it. Further details pending ...

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Comment by Friendo13 on Aug 05, 2024 11:05am

They definitely couldn't get past the fault. The real story is why they sank a second hole at this location. They lost quite a few holes to faulting yet this was the only one they felt the need to redrill? What did they hit in 9a that made them risk a second hole?

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Hercules Metals Corp