Hercules Metals Corp Stock Price, News & Analysis

Hercules Metals Corp. (TSXV: BIG, OTCQB: BADEF) has engaged GDT Strategic Communications Inc., a Toronto-based investor relations firm, to provide IR and advisory services. The 12-month agreement includes a monthly fee of $10,000 and 200,000 stock options exercisable over 5 years at CAD$0.68, vesting in four equal tranches over 24 months. GDT Strategic, led by Greg DiTomaso, currently holds no interest in Hercules Metals or its securities. CEO Chris Paul expressed confidence in DiTomaso's mining industry experience and ability to communicate the company's value proposition to investors. The engagement is subject to TSX Venture Exchange policy compliance.

Hercules Metals Corp. (BADEF) has launched its 2025 drilling campaign at the Hercules Project in western Idaho. The company has three core drilling rigs on site, with two from Dorado Drilling USA already operational and a third from Scout Drilling LLC being mobilized. The company plans to execute a fully funded drill program targeting minimum 12,000 metres across multiple high-priority zones. Initial drilling will focus on validating a new 3D geological model of the Leviathan porphyry system, with northwest-oriented holes designed to test the southeast-dipping system. The program will explore the full mineralization profile and potentially expand known limits of the Leviathan system, which currently shows a 4 km strike length with only 1.6 km tested to date. Additional drilling will target two untested zones: the Eastern Block and Western Deeps.

An independent study by Jamie Wilkinson reveals significant findings at Hercules Metals Corp's (OTCQB: BADEF) Hercules Property in Idaho. The study confirms that the high-grade enrichment zone was formed through hypogene "telescoping" rather than supergene enrichment, suggesting greater scale and grade potential. The enrichment occurred when epithermal fluids overprinted earlier porphyry mineralization. Key findings include bornite-chalcocite-digenite-covellite-pyrite assemblage with quartz-muscovite alteration, consistent with high-sulfidation epithermal upgrade. The 2025 drill campaign will target shallower system levels where porphyry and epithermal systems overlap. The company's geological model suggests southeast dipping feeder structures, indicating potential for deeper enrichment than previously thought. The project shows similarities to the Resolution Copper project in Arizona, particularly in its structural and deposit characteristics.

Hercules Metals has appointed Dillon Hume as Vice President of Exploration, effective May 1, 2025. Hume brings over a decade of experience leading major exploration programs, notably at the Red Chris Cu-Au porphyry mine where he managed 120,000+ meters of drilling and discovered the East Ridge Zone.

CEO Chris Paul highlighted Hume's proven track record and technical expertise, noting his recent contributions to Hercules' 3D modeling review. During his eight-year tenure at Equity Exploration, Hume advanced Red Chris's underground block-cave resource for Newcrest Mining and discovered the Krakatoa Zone at Kudz Ze Kayah VHMS deposit.

Prior to joining Hercules, Hume served as VP Exploration at Trailbreaker Resources, overseeing early-stage porphyry copper and gold projects in British Columbia. He holds a B.Sc. in Geology and M.Sc. in Economic Geology from Simon Fraser University.

Hercules Metals Corp. (BADEF) has achieved a significant milestone with the completion of its first 3D block model of the Leviathan discovery in western Idaho. The company is launching a fully funded 12,000-meter drill campaign with a budget of $6.6 million.

The 3D model reveals a coherent, kilometer-scale NE-SW trending porphyry system, showing near-perfect correlation with both chargeability and magnetics. The drilling program will systematically expand the central Leviathan Porphyry through 200m spaced fences, extending into the Grade Creek and Southern Flats zones.

Key developments include:

• Northwest-oriented drilling implementation for improved consistency
• Joint IP and MT survey beginning May 1
• Testing of additional porphyry centers in Eastern Block and Western Deeps
• Enhanced understanding of mineralization geometry and system structure

Hercules Metals Corp (OTCQB: BADEF) has secured a significant 20-year mineral lease agreement with the Idaho Department of Lands, expanding its land position by over 46%. The agreement covers approximately 7,669 acres of state-owned land adjacent to its Hercules Property and 640 acres near its Mineral property in western Idaho.

The expansion increases the company's total land position to 24,276 acres at the Leviathan porphyry discovery and 2,243 acres at the Mineral property. The newly leased area, previously unexplored due to post-mineral basalt cover, shows promising potential following the company's 2023 Leviathan porphyry discovery.

Recent drilling in the Southern Flats Zone (HER-24-16) revealed an extension of the silver system below post-mineral basalt, suggesting potential continuation of both silver and porphyry systems. The company plans to implement new geophysical technologies to explore these high-priority targets.

Hercules Metals Corp (TSXV: BIG) (OTCQB: BADEF) announced significant drilling results from its Hercules Property in western Idaho. Drill hole HER-24-21 intersected 354m of 0.47% CuEq, including 171m of 0.64% CuEq, and a higher-grade 44m interval of 0.89% CuEq.

The company revealed that new mapping and sampling demonstrate a transition to iron-rich volcanics and limestone in the Eastern Block and Southern Flats zones, which are conducive to higher grades. The Big Cut showing in the Eastern Block Zone has demonstrated up to 10% Cu in select grab samples at surface.

Hercules has successfully renegotiated drilling contracts for 2025, reducing costs by over 50% while doubling anticipated drilling meters per unit cost. The company is fully financed for the 2025 drilling campaign.

Hercules Metals Corp (TSXV: BIG) (OTCQB: BADEF) announced significant drilling results from its Hercules Property in Idaho. Drill hole HER-24-20 intersected 300m of 0.70% CuEq, including 138m of 1.01% CuEq, starting 70m below surface - the shallowest porphyry mineralization discovered on the property.

A separate step-out hole, HER-24-19, located 530m southwest, intersected 149m of 0.78% CuEq, including 43m of 1.22% CuEq. The results expand the system to the south and southeast. The Eastern Block Zone remains one of the best undrilled targets, with mineralization extending beyond current drilling limits. The company plans to begin targeting this zone in spring 2025.

Additionally, drill hole HER-24-16 in the Southern Flats Zone confirmed a thinner-than-expected basalt layer and revealed silver mineralization, returning 160m of 23 g/t Ag.

Hercules Metals Corp announced strong Phase I metallurgical testing results from its Hercules Project in Idaho. Initial copper recoveries reached ±87% in open cycle tests, with locked cycle testing projected to reach ±90%. Silver recoveries achieved 86% for oxide and 82% for sulfide mineralization using a two-step leaching process. The testing, conducted on four composite samples over 50 kilograms each, showed minimal deleterious elements in concentrate. The company developed a simple two-step leaching process that improved historical silver recoveries by over 20%. The Phase III program has expanded the enrichment zone to 1.6 km by 1.1 km, remaining open in all directions.