Hercules Metals Corp Stock Price, News & Analysis

Hercules Metals (TSXV:BADEF / OTCQB:BADEF) reports continued expansion of the Leviathan porphyry and a new epithermal silver discovery in Southern Flats.

Key drill highlights include HER-25-12: 285 m @ 0.47% Cu with 56 m @ 0.89% Cu bornite-chalcocite, and HER-25-06: 10.7 m @ 257.2 g/t Ag (420.5 g/t AgEq) within 119.9 m @ 31.2 g/t Ag (59.7 g/t AgEq). A Phase II MT+ELF survey was infilled to 250 m to refine the 5 km Leviathan conductivity anomaly. Several drill holes are paused for the holiday; assays are pending for multiple holes and follow-up drilling is planned in early 2026.

Hercules Metals (OTCQB: BADEF) appointed Matthieu Bos as independent director and Chairman of the Board, effective December 18, 2025. Bos brings 15+ years of mining and capital markets experience, including eight years at Ivanhoe Mines where he helped advance Kamoa-Kakula and supported securing US$3 billion in equity and debt financings.

The company granted Bos 1,000,000 incentive stock options at an exercise price of $0.60, vesting over 24 months in four equal tranches and exercisable for five years. Management said Bos will support progress on the Leviathan porphyry copper discovery and strategic financing.

Hercules Metals (BADEF) reported 2025 drilling results from the Leviathan porphyry in Idaho showing long, near-surface copper intervals and notable silver in cover rock. Key intercepts include 273 m of 0.60% Cu (within 379 m of 0.50% Cu) starting at a 110 m true depth in HER-25-05, and 256 m of 0.44% Cu in HER-25-03. A 750 m-wide fence was completed; assays for HER-25-15 and seven additional holes are pending. The program uses a new 3D model and 200 m-spaced fence drilling to build continuity and may support a maiden resource estimate after six fences. Prior metallurgical tests showed Ag recoveries of 86% and 82% with preliminary pre-leach work.

Hercules Metals (OTCQB: BADEF) updated its 2025 drilling at the Leviathan porphyry in western Idaho. The company has completed 16 core holes and > 13,000 metres of drilling, with three holes in progress and three RC pre-collars ready for core. Nine completed holes (25-03 to 25-11) are awaiting assays.

Definition drilling shows emerging continuity in the Footwall Zone potentially extending ~1 km. The team has begun testing a new, highly conductive 3 km-wide “Donut” Anomaly in the Southern Flats with an initial three-hole fence planned. Drilling is expected to continue into November 2025, weather permitting.

Hercules Metals (OTCQB: BADEF) announced significant drilling results from its first completed 2025 drill hole at the Leviathan porphyry copper discovery in Idaho. Drill hole HER-25-02, a 220m step-out, intersected high-grade mineralization of 1.5% Cu and 8.9 g/t Ag over 81m, within a broader zone of 346m grading 0.66% Cu.

The results validate the company's new 3D geological model and demonstrate strong hypogene enrichment at the system's center. A recent magnetotelluric (MT) survey revealed a significant conductivity anomaly extending several kilometers south, forming a 3km-diameter circular "Donut" anomaly. The drilling program is progressing efficiently with over 11,000m completed in thirteen holes, with five more in progress.

Hercules Metals (OTCQB: BADEF) has announced significant findings from its ground-based magnetotelluric (MT) survey at the Leviathan porphyry system in western Idaho. The survey covered over 100 km² area, revealing a strong conductive anomaly that extends beyond current drilling limits.

The survey identified a classical "donut-shaped" feature spanning 3 km in width under the Southern Flats Zone, characterized by very high conductivity. The company has already initiated drill testing with hole 25-16 and has completed over 9,000 metres of drilling across eleven deep holes. The 2025 drilling campaign has been expanded beyond its original 12,000-metre target, with initial drill results expected in the coming weeks.

Hercules Metals (OTCQB: BADEF) has completed the closing of a strategic option agreement with Barrick Gold Exploration, a subsidiary of Barrick Mining Corporation. The agreement allows Hercules to earn a 100% interest in over 74,000 acres of unpatented mining claims surrounding its Hercules property and Leviathan porphyry discovery in western Idaho.

As part of the closing, Hercules issued 2,681,427 common shares to Barrick at $0.74587136 per share. The deal would expand Hercules' land position to over 100,000 acres in America's newest porphyry copper belt. The company will be responsible for annual claim maintenance payments estimated at US$740,000 per year.

Hercules Metals (OTCQB: BADEF) has entered into a strategic agreement with Barrick Gold to acquire the 73-kilometre "Olympus" claim belt surrounding its Leviathan copper discovery in Idaho. The transformative deal will expand Hercules' land position from 26,000 acres to over 100,000 acres.

Under the agreement terms, Hercules will make staged payments totaling C$8 million over three years, either through share issuances or cash, to acquire a 100% interest in over 74,000 acres of unpatented mining claims. Barrick will receive a 1% NSR royalty, which can be reduced to 0.25% through a US$7.5 million buyback option. The deal positions Hercules to advance a district-scale exploration strategy in one of America's newest porphyry copper districts.

Hercules Metals (OTCQB: BADEF) has provided an update on its 2025 drilling campaign at the Hercules Property in Idaho, focusing on the Leviathan porphyry copper discovery. The company has completed seven drill holes and has five more in progress, totaling over 5,500 metres drilled.

The drilling campaign validates the company's new 3D geological model announced in April 2025. Hercules has increased its drilling capacity from three to five drill rigs to define grade and width along a 1.3-kilometer strike length and explore potential extensions that could reach 3.5 kilometers. The first completed drill hole, HER-25-02, demonstrated potential for both main stage porphyry mineralization and hypogene enrichment extending northeast into the Grade Creek Zone.

Notably, drill hole 25-06, representing an 800-metre step-out to the south, has successfully intersected the porphyry system beneath the Southern Flats Zone. Initial assay results are expected within 6-8 weeks.