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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 CaptainM on Dec 27, 2023 1:28am

Assays

Since hole 8 very likely also has the supergene zone,  which I have inferred to be the case from the Oct 10 NR that stated 4 holes  exhibited supergene (NR doesn't say which 4, but by looking at the depth of holes and sulfide mineralization should be 5, 8, 11, 21), the top supergene should assay well, but hard to predict how the rest of the hole did?

As a result,  Chris Paul (CEO of BIG) should wait with the IP (assuming it is good) until hole 8 assays are received.   If the hole 8 assays are mediocre,  he can combine that with the IP, which may provide context.

This approach may help with any volatility in the stock price also.
Comment by Retiredgeo on Dec 27, 2023 5:06am
Once upon a time, long ago, the Seven Devils volcanics were exposed at the surface.  Wherever there were sulphides in the rock (probably over a vast area) a supergene zone would have developed at the old paleo-water table.  All of the deep holes on the property which encounter the Seven Devils volcanics at depth should encounter a supergene zone of some kind.  What really matters to ...more  
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