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. (OTCQB: BADEF) generates frequent exploration news as it advances the Hercules Project in western Idaho. Company updates focus on the Leviathan porphyry copper system and associated silver, lead, zinc, and molybdenum mineralization, as well as corporate and strategic developments that shape the Hercules Copper Belt.
Investors following BADEF news can expect detailed drill results from Leviathan, including long intervals of copper mineralization in hanging wall and footwall zones, reports of hypogene enrichment, and updates on continuity along strike. Hercules also publishes results from new target areas such as the Southern Flats Zone and the Donut anomaly, where geophysical data and drilling are used to test for additional porphyry centres and epithermal silver-lead-zinc systems.
News releases highlight the evolution of the company’s three-dimensional geological model, the use of magnetotelluric and chargeability surveys, and the impact of these tools on drill targeting. Hercules also reports on metallurgical test work for silver in the Hercules Rhyolite, land consolidation through the Olympus Claims option, and strategic investment and option agreements with a Barrick subsidiary.
Corporate news for Hercules Metals includes board changes, such as the appointment of an independent Chairman, annual general meeting voting results, and updates on drilling campaign scale and rig deployment. For anyone tracking BADEF stock, this news feed offers a centralized view of exploration progress, land position growth, technical milestones, and governance developments at Hercules Metals.
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.
Hercules Metals announces significant drill results from its Hercules Property in Idaho. Drill hole HER-24-12 intersected 338m of 0.47% Cu, with the final 154m ending in 0.51% Cu and 104 ppm Mo, marking the first recorded increase in mineralization at depth. The 315m step-out from HER-24-08 showed increasing alteration from phyllic to outer potassic. A north-south cross-section reveals copper and potassic alteration increasing towards the Grade Creek Zone, where an untested chargeability and magnetic anomaly presents a potential vertically extensive early porphyry center. The results demonstrate the strongest primary mineralization below the enrichment blanket to date.
Hercules Metals Corp reports progress on drilling at the Leviathan porphyry copper system in western Idaho. Recent drilling has revealed shallow porphyry mineralization starting at 72m depth in hole HER-24-20, with three new holes intersecting early biotite alteration. A significant discovery includes a new magmatic-hydrothermal breccia pipe in HER-24-20, representing a new target type. The mineralized envelope continues to expand and remains open in multiple directions. RC drilling has completed three holes with a fourth in progress, including HER-24-17 reaching 975m depth.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) has announced significant copper intercepts from its Phase III drilling program on the Leviathan porphyry copper system in western Idaho. Highlights include:
1. A 140-meter step-out drill hole yielding 480 meters of 0.47% Cu and 82 ppm Mo, including 55 m of 1.5% Cu.
2. Expansion of the enrichment blanket to 1.6 km x 1.1 km, which remains open.
3. Successful completion of the first RC hole to significant depth, potentially increasing drilling production and lowering costs.
4. Drilling continues with two diamond core rigs and one RC rig, financed through the end of 2025.
The company is pleased with the grade and continuity over broad intervals, and drilling is progressing towards the potassic core of the system while testing for additional centers within a large untested soil anomaly.