Welcome to our dedicated page for Hercules Metals news (Ticker: BADEF), a resource for investors and traders seeking the latest updates and insights on Hercules Metals stock.
Hercules Metals Corp (BADEF) delivers focused exploration updates from Idaho's emerging copper-silver district. This news hub provides investors with essential updates on drilling programs, geophysical survey results, and strategic developments at the 100%-owned Hercules Property.
Access authoritative coverage of reverse circulation drilling outcomes, 3D IP survey interpretations, and mineral system modeling. Our repository includes technical updates on porphyry copper targets, epithermal silver zones, and operational milestones critical for resource evaluation.
Key updates feature progress reports on:
- Core drilling results and structural geology findings
- Geophysical anomaly interpretations and chargeability targets
- Strategic partnerships and exploration program expansions
- Technical analyses of hypogene enrichment patterns
Bookmark this page for streamlined access to Hercules Metals' latest developments in complex mineral system exploration. Monitor systematic updates from initial discovery phases through advanced resource definition.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) has received approval from the United States Forest Service (USFS) for its Plan of Operations to drill two untested targets on its Hercules Property in western Idaho. The Categorical Exclusion (CatEx) allows for up to 15 pre-selected drill sites to be tested through August 2025. The company will focus on the Grade Creek and Eastern Block targets, which have not been tested below the shallow epithermal silver mineralization to the underlying Leviathan porphyry copper system.
Key highlights include:
- The Eastern Block target comprises the Metheny, Lightning, and Big Cut zones, with a large copper-molybdenum anomaly
- Grade Creek shows the strongest geochemical anomaly on the Property
- New mapping suggests the Leviathan system has been tilted to the northwest
- The company is moving forward with an Environmental Assessment for longer-term drilling on USFS lands
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) has provided an update on its ongoing exploration drilling program at the Hercules Property in western Idaho. Key highlights include:
- 4,600m drilled in 12 holes, with depths up to 722m
- Potential trend of elevated hypogene copper-silver enrichment emerging
- Three drill rigs in operation, testing different areas
- Mapping of the BN Fault to improve future drilling efficiency
- Plans to add a deep RC drill rig to enhance productivity
The company is focusing on key structures that may control porphyry emplacement and hypogene enrichment. New geological mapping has improved understanding of structural patterns and alteration zonation across the project.
Hercules Silver Corp. (TSXV: BIG, OTCQB: BADEF, FSE: 8Q7) announced a name change to Hercules Metals Corp., effective June 28, 2024. The new name reflects the company's diversified metals portfolio, including a new porphyry copper target at the Hercules Project in Idaho. The stock symbol on the TSX Venture Exchange will remain 'BIG'. Shareholders approved an amendment to By-Law No. 1 at the annual and special meeting on June 17, 2024, which removes a 6-month provision in section 9.01. No action is required from shareholders regarding the name change. Additionally, 200,000 stock options were granted to an employee, vesting over 24 months with an exercise price of $0.60 per share.
Hercules Silver Corp. updated its Phase III drill program at the Hercules Property in Idaho, reporting 3,000 meters cored since late April. The program, the largest yet, will continue through the year, testing a multi-kilometer geophysical target area. Despite initial slower production rates due to challenging drilling conditions, large step-outs up to 1km south are underway. Assay results are expected by mid-summer. The company completed detailed geological mapping and ongoing geochemical sampling of new claims. Drilling has revealed variable porphyry alteration and mineralization. CEO Chris Paul reiterated the company's strong cash position of $24 million to support the remaining 17,000 meters of the drill program.
Hercules Silver Corp., now transitioning to Hercules Metals Corp., announced the approval of all matters presented during its Annual General and Special Meeting of Shareholders.
Key resolutions include the 's name change, pending TSX Venture Exchange approval. The Meeting's outcomes align with the Company's strategic directions as outlined in its management information circular.
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.
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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