Hercules Metals Appoints Dillon Hume as Vice President, Exploration

Rhea-AI Summary

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.

Positive

• Appointment of experienced VP of Exploration with proven track record in large-scale drilling programs (120,000+ meters)
• New VP's direct involvement in significant discoveries (East Ridge Zone at Red Chris Cu-Au mine)
• Previous experience with major mining company Newcrest Mining on block-cave resource development
• VP's successful track record in resource discovery (Krakatoa Zone) and feasibility studies
• Professional credentials include P.Geo. registration and M.Sc. in Economic Geology

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - April 23, 2025) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce the appointment of Dillon Hume as Vice President, Exploration, effective May 1, 2025. Dillon has more than a decade of experience leading large exploration and resource definition drill programs. Notably, at the Red Chris Cu-Au porphyry mine in British Columbia, he oversaw over 120,000 meters of drilling across eight drill rigs, playing a pivotal role in the discovery of the East Ridge Zone and delineation of the East Zone.

Chris Paul, CEO and Director of the Company, commented, "We are pleased to welcome Dillon as the new Vice President of Exploration. Dillon joined Hercules in a consulting capacity earlier this year. Having known him for over a decade and worked with him on past projects, I was already familiar with his professionalism, technical expertise, and strong work ethic. Over the past few months, working alongside him during our 3D modeling review has been instrumental in refining our geological understanding and shaping our exploration strategy. With a proven track record of designing and executing advanced-stage drill programs, and a disciplined, capital-efficient approach, Dillon has us well-prepared as a team to drive results as we launch our most important drill program to date."

Dillon spent over eight years with Equity Exploration ("Equity"), a geological firm that has supported more than 400 exploration projects and drilled over 1.4 million meters globally. While with Equity, Dillon was instrumental in advancing Red Chris's underground block-cave resource and pre-feasibility study of the East Zone for Newcrest Mining. Dillon also made significant contributions at the Kudz Ze Kayah VHMS deposit in the Yukon Territory, including the discovery of the Krakatoa Zone and its subsequent feasibility study.

Most recently, Dillon served as Vice President, Exploration at Trailbreaker Resources, where he oversaw early-stage exploration initiatives across several porphyry copper and gold projects throughout British Columbia.

Dillon holds a B.Sc. in Geology and M.Sc. in Economic Geology from Simon Fraser University. His M.Sc. thesis examined the structural and mineralogical controls of gold mineralization at the Tajitos orogenic gold deposit in Sonora, Mexico. He is a registered professional geoscientist (P.Geo.) in British Columbia.

About Hercules Metals Corp.

Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company focused on developing Idaho's newest copper and silver district.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by extensive historical and current exploration and a strategic investment by Barrick Gold.

With the potential for significant scale, the Company's management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

For further information please contact:

Nisha Hasan
Investor Relations
Telephone +1 (604) 425-1408
Email: nisha@herculesmetals.com

Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249405

FAQ

What experience does Hercules Metals (BADEF) new VP of Exploration Dillon Hume bring?

Dillon Hume brings over a decade of experience leading large exploration programs, including managing 120,000 meters of drilling at Red Chris Cu-Au mine and discovering the East Ridge Zone. He previously worked at Equity Exploration and Trailbreaker Resources, holding a P.Geo designation and degrees from Simon Fraser University.

When will Dillon Hume start as VP Exploration at Hercules Metals (BADEF)?

Dillon Hume will begin his role as Vice President of Exploration at Hercules Metals on May 1, 2025.

What major projects has Dillon Hume worked on before joining Hercules Metals (BADEF)?

Dillon Hume worked on the Red Chris Cu-Au porphyry mine in British Columbia, where he led the East Ridge Zone discovery. He also contributed to the Kudz Ze Kayah VHMS deposit in Yukon, discovering the Krakatoa Zone and supporting its feasibility study.

How has Dillon Hume already contributed to Hercules Metals (BADEF) in 2025?

Prior to his appointment, Hume worked with Hercules Metals in a consulting capacity, helping refine their geological understanding and shape exploration strategy through 3D modeling review.

What is Dillon Hume's educational background and professional certification?

Dillon Hume holds a B.Sc. in Geology and M.Sc. in Economic Geology from Simon Fraser University, and is a registered professional geoscientist (P.Geo.) in British Columbia.