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Bullboard - Stock Discussion Forum 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... see more

TSXV:BIG - Post Discussion

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Post by Retiredgeo on Dec 07, 2023 1:19pm

Photos

There are now a couple of photos on CEO showing hole 05 from 254-257 m and hole 21 from 295-298 m.  From the map both holes are going through the Hercules rhyolite.  The sections are at a similar depth and look a lot alike.  There does appear to be Biotite in hole 21 but I'm not prepared to call anything a potassic zone without further evidence.
Comment by RocksandStuff on Dec 07, 2023 1:29pm
There's without a doubt shreddy biotite in the core. It's classic potassic alteration. 
Comment by Retiredgeo on Dec 07, 2023 1:58pm
All of that veining might have introduced potassium (Biotite/Phlogopite) into the rock prior to the main mineralizing event.  I'm not rushing to judgement.  Chalcopyrite and Bornite were the supergene minerals of hole 05.  This is rare but not unheard of. The odds of them hitting a potassic core with a blind hole is low.  I'm guessing that they are still in the ...more  
Comment by speedyg999 on Dec 07, 2023 2:21pm
These holes are too high up in the system. Need to wait for Hole 8 results before buying more..
Comment by RocksandStuff on Dec 07, 2023 3:13pm
It's not too high if you are in bornite and potassic alteration. Also the system has post mineral tilting. 
Comment by Retiredgeo on Dec 07, 2023 3:51pm
I'm not rushing to judgement based on one incomplete drill hole and ten feet of visual observations of another drill hole.  This story will unfold one drill hole at a time.
Comment by mltrade on Dec 07, 2023 2:12pm
Agreed, as much as I want to indulge in the excitement I'm not going to bet the house on 3 meters of core. Will have to wait for the assay results before I get excited (or not). My last purchase was filled at 1.11 CAD. I have no intention of investing further until at least 2 more borehole assay results are released. 
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