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HERCULES SILVER CORP - $BADEF STOCK NEWS

Welcome to our dedicated page for HERCULES SILVER news (Ticker: $BADEF), a resource for investors and traders seeking the latest updates and insights on HERCULES SILVER stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HERCULES SILVER's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HERCULES SILVER's position in the market.

Rhea-AI Summary

Hercules Silver Corp. has commenced a Phase III drill program at their Hercules Silver Property in Idaho, utilizing three core drilling rigs to explore multiple targets. The program aims to identify a new porphyry discovery with deep drill holes and systematic step-outs. The Company has completed a road upgrade project to enhance access and reduce standby time. The CEO has expressed excitement about the program, supported by Barrick Gold , and will provide further updates as progress continues.

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End-of-Day
10.64%
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Rhea-AI Summary

Hercules Silver Corp. announces the appointment of Mr. Charles Greig, a renowned geologist, as their new Strategic Technical Advisor. Mr. Greig's extensive experience and successful track record in significant projects make him a valuable addition to the company's technical team. His collaboration with Hercules Silver will enhance the 2024 exploration program at the Hercules Project in Idaho.

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-2.76%
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management
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Rhea-AI Summary
Hercules Silver Corp. showcases results of 2023 geophysics, revealing multiple prospective targets for high-grade copper porphyry at its Hercules Property. The Company plans to commence the 2024 drill program after successful geophysical surveys. CEO Chris Paul expresses excitement for potential high-grade core discoveries.
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1.4%
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Rhea-AI Summary
Hercules Silver Corp. engages Momentum IR Corp. for investor relations and advisory services, led by Nisha Hasan. The agreement includes a monthly fee of $10,000 and 200,000 Options with an exercise price of CAD$0.83, vesting over twenty-four months.
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0.82%
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Hercules Silver Corp. reports strong silver-lead-zinc results from drilling at its Hercules Silver Property in Idaho. The presence of a significant silver system above the Leviathan porphyry copper discovery is highlighted, with high-grade intercepts and potential new mineralized shoots. The company plans a 2024 drill campaign to explore porphyry copper potential at depth, with a focus on increasing silver grades to the northwest.
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8.06%
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Hercules Silver Corp. strengthens its technical team with geological consultants and porphyry copper specialists to advance Leviathan Porphyry discovery. The company grants 600,000 RSUs to consultants for incentive plans.
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-2.5%
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Hercules Silver Corp. reports positive results for drill hole HER-23-26, confirming increasing copper grades to the west at its Hercules project in Idaho. Barrick Gold Corporation is providing technical support for a 20,000-meter drill program to expand on the 2023 discovery. The Leviathan Porphyry remains open for expansion, showing potential for significant copper and molybdenum deposits.
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0.33%
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Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) reports positive assay results for the Leviathan Porphyry Copper discovery at its Hercules project in western Idaho. The discovery has demonstrated significant scale and remains open for expansion in multiple directions and at depth. The company has attracted substantial investment from Barrick Gold Corp. and is working on a new large-scale IP anomaly over several kilometers.
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-39.9%
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Hercules Silver Corp. announced the completion of a non-brokered private placement, with Barrick Gold Corporation subscribing for 21,265,370 units at a price of C$1.10 per unit, resulting in gross proceeds of C$23,391,907. Barrick now owns 12.33% of the issued and outstanding Hercules Shares on a non-diluted post-transaction basis and 15.02% on a partially-diluted post-transaction basis, assuming exercise of all warrants.
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News
Rhea-AI Summary
Hercules Silver Corp. has entered into an agreement with Barrick Gold Corporation for a non-brokered private placement. Barrick will purchase 21,265,370 units of Hercules Silver at a price of C$1.10 per unit, resulting in gross proceeds of C$23,391,907. The units consist of one common share of Hercules and 0.32 of a common share purchase warrant. Barrick will own 12.33% of the issued and outstanding Hercules shares on a non-diluted basis and 15.02% on a partially-diluted basis. The proceeds will be used to explore the Hercules Property in Idaho. The closing of the placement is expected on or before November 8, 2023, subject to customary closing conditions.
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Rhea-AI Sentiment
End-of-Day
19.87%
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HERCULES SILVER CORP

OTC:BADEF

BADEF Rankings

BADEF Stock Data

127.51M
185.42M
4.76%
1.17%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto