Hercules Metals Corp.

Recent News

Hercules Silver Commences Phase III Drill Program

Toronto, Ontario--(Newsfile Corp. - May 6, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to announce that three core drilling rigs are now fully mobilized and drilling the first three holes of an extensive 20,000m drill program at the Company's wholly-owned Hercules Silver Property in western Idaho ("Hercules" or the "Property"). Timberline Drilling of Hayden, Idaho has returned to carry out the program, which will consist of drilling 200m...

2024-05-06 7:00 AM EDT

Hercules Silver Appoints Charlie Greig as Strategic Technical Advisor

Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to announce that it has strengthened its technical advisory team with the appointment of Mr. Charles Greig, MSc, P.Geo as Strategic Technical Advisor. Mr. Greig is widely recognized for his role in the discovery of the Saddle North porphyry for GT Gold Corp, which was acquired by Newmont Corporation in 2021. The discovery earned him the Prospectors and Developers...

2024-04-30 7:00 AM EDT

Hercules Silver Showcases 2023 Deep-Seeking Geophysics in Advance of 2024 Drilling

Toronto, Ontario--(Newsfile Corp. - April 9, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7)("Hercules Silver" or the "Company") is pleased to showcase the results of its 2023 deep-seeking 3D induced polarization ("IP"), direct current resistivity and drone magnetic geophysics over the area to be drill tested in 2024, revealing multiple prospective targets, coincident with the direction of increasing copper porphyry grades seen in the initial 2023 deep discovery holes drilled at its Hercules Property in western Idaho ("Hercules"...

2024-04-09 7:00 AM EDT

Hercules Silver Announces Engagement of Momentum Investor Relations

Toronto, Ontario--(Newsfile Corp. - April 5, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased announce that it has engaged Momentum IR Corp. ("Momentum") a Toronto based investor relations and corporate communications firm led by Nisha Hasan, to provide investor relations and advisory services.Chris Paul, CEO and Director of the Company, noted: "As we look to embark on our upcoming 2024 drilling campaign, engaging Momentum is the next step in the Company's growth...

2024-04-05 8:00 AM EDT

Hercules Silver Reports Broad Intervals of Silver Including 112.2 Meters of 193 g/t Ag, 0.2% Pb, 0.4% Zn at the Hercules Adit and Belmont Zones

Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to report strong silver-lead-zinc results from shallow holes drilled into the Upper Plate above the new Leviathan porphyry copper discovery at its Hercules Silver Property located in western Idaho ("Hercules" or the "Property").These results showcase the presence of a significant silver system above and potentially related to the Leviathan porphyry copper discovery. Grade and continuity are...

2024-02-28 8:00 AM EST

Hercules Silver Announces Additions to Geological Team

Toronto, Ontario--(Newsfile Corp. - February 12, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") announces today that it has procured several geological consultants and porphyry copper specialists to help further augment its technical team. In addition to three geologists seconded from Barrick Gold Corporation, the expanded geological team brings valuable porphyry copper experience which will help the Company in vectoring toward the high-grade core of its new Leviathan Porphyry discovery.Chris Paul, CEO...

2024-02-12 8:00 AM EST

Hercules Silver Drills 100 Meters of 0.76% Cu, 113 ppm Mo, Within 461 Meters of 0.4% Cu, 74 ppm Mo

Toronto, Ontario--(Newsfile Corp. - January 22, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to report positive results for drill hole HER-23-26 and confirm increasing copper grades to the west from recently reported holes drilled into the new Leviathan porphyry copper discovery at its Hercules project located in western Idaho ("Hercules" or the "Property"). These results present a compelling vector toward the high-grade core of the porphyry system. Assay results...

2024-01-22 8:00 AM EST

Hercules Silver Drills 161 Meters of 0.45% Cu, 148 ppm Mo, 4.4 g/t Ag, including 79 Meters of 0.53% Cu, 7.3 g/t Ag in 450 Meter Step-Out

Toronto, Ontario--(Newsfile Corp. - January 2, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to report assay results for the latest holes drilled into the new Leviathan Porphyry Copper discovery at its Hercules project located in western Idaho ("Hercules" or the "Property"). Assay results were received in batches for three step-out holes, with complete results now having been received for HER-23-08 and HER-23-11, along with partial results for HER-23-21, which...

2024-01-02 8:00 AM EST

Hercules Silver Announces Closing of Strategic Investment by Barrick Gold Corporation

Toronto, Ontario--(Newsfile Corp. - November 7, 2023) - Hercules Silver Corp. (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") (TSXV: BIG) today announced completion of the previously announced non-brokered private placement (the "Placement"), resulting in Barrick Gold Corporation ("Barrick") subscribing for 21,265,370 units of Hercules Silver (the "Units") at a price of C$1.10 per Unit for gross proceeds to Hercules Silver of C$23,391,907. The Placement represents a significant step towards the equity requirements to fund the Hercules Project and...

2023-11-07 10:16 AM EST

Barrick Gold Invests in Hercules Silver

Toronto, Ontario--(Newsfile Corp. - November 6, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") today announced that it has entered into an agreement with Barrick Gold Corporation ("Barrick") whereby Barrick has agreed to purchase 21,265,370 units of Hercules Silver (the "Units") in a non-brokered private placement (the "Placement") at a price of C$1.10 per Unit for gross proceeds of C$23,391,907. Each Unit consists of one common share of Hercules (each a "Hercules Share") and 0.32...

2023-11-06 9:15 AM EST

Hercules Silver Intercepts 42 meters of 139 g/t Ag and 25 meters of 195 g/t Ag with Cu, Zn, Mn and Sb Critical Metals Above Porphyry Copper System at Hercules

Toronto, Ontario--(Newsfile Corp. - November 1, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") continues to wait on assays for the next deep drill hole (HER-23-08), and in the interim, is pleased to report silver-lead-zinc results from the next two shallow drill holes in sequence, HER-23-06 and HER-23-07, which were drilled above the recently-announced porphyry copper discovery at its Hercules Silver Property located in western Idaho ("Hercules" or the "Property"). These results...

2023-11-01 8:00 AM EDT

Hercules Silver Intersects 185 Meters of 0.84% Cu, 111 ppm Mo and 2.6 g/t Ag, Including 45 Meters of 1.94% Cu in First Deep Hole Drilled at Hercules

Toronto, Ontario--(Newsfile Corp. - October 10, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is very pleased to confirm a major new copper porphyry discovery at its Hercules Property located in western Idaho ("Hercules" or the "Property").HER-23-05, the first hole to test a large-scale (>1.8km) blind chargeability anomaly, intersected 185.29m of 0.84% Cu and 111 ppm Mo from 246m to 431.2m, including 45.33m of 1.94% Cu. The hole ended prematurely due to drilling challenges encountered...

2023-10-10 9:24 AM EDT

Hercules Silver Enters into Lease Option Agreement for Copper-Gold Porphyry Target in Hercules Mining District

Toronto, Ontario--(Newsfile Corp. - October 2, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to announce it has entered into a lease option agreement (the "Agreement") between the Company, Anglo-Bomarc, U.S., Inc., a wholly owned subsidiary of the Company (the "Lessee") and local prospector Merrill Palmer (the "Lessor"), dated September 27, 2023, which grants Hercules Silver the option to acquire a 100% interest in the Mineral property, comprising eighty-seven (87) unpatented lode mining...

2023-10-02 8:00 AM EDT

Hercules Silver Intercepts 27.3 Meters of 113 g/t Silver Equivalent Above Porphyry Copper Mineralization in First Holes of Phase II Drill Program

Toronto, Ontario--(Newsfile Corp. - September 8, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to report silver-lead-zinc results from the first 5 drill holes of its Phase II drill program, targeting near surface silver mineralization at its Hercules Silver Property located in western Idaho ("Hercules" or the "Property"). These results are the first of the Company's ongoing 6,000-meter Phase II infill, expansion, and discovery-focused drill program. The upper part of...

2023-09-08 8:00 AM EDT

Hercules Adds Second Drill Rig to Phase II Drill Program

Seven drill holes completed to date, with silver mineralization observed in all holes (HER-23-01 to HER-23-07), and assays currently pending;Oriented core drilling demonstrates a potential northwest-southeast control to higher-grade silver mineralization within Frogpond, suggesting the potential to extend mineralization between historical zones;First deep hole completed into the western margin of a large chargeability anomaly announced last year, drill hole HER-23-05, intersected alteration and veining consistent with the outer margins of a potential porphyry copper system;Due to the

2023-07-28 8:00 AM EDT

Hercules Silver Commences 6,000 Meter Phase II Drill Program

Commenced core drilling at Hercules Property Construction of logging facility completedPhase II drill program now underway, focused on the following targets:Hercules Adit and Frogpond Zones: Step-out holes aiming to extend mineralization, as well as infill and further verify historical drilling results;Hercules Rhyolite: Robust silver targets identified through surface mapping, geophysics and geochemistry, including at the Hinge, Haystack and Belmont Zones;New p

2023-05-31 8:00 AM EDT

Hercules Silver Appoints Mr. Christopher Longton as VP Exploration

Toronto, Ontario--(Newsfile Corp. - May 23, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to announce the appointment of Mr. Christopher Longton, CPG, as Vice President of Exploration of the Company. Mr. Longton is an accomplished geologist with over 15 years experience from greenfields exploration to production on precious and base metals deposits throughout North America and Australia. He has extensive experience managing large-scale projects, most recently as the Senior Exploration Manager for...

2023-05-23 8:00 AM EDT

Final Preparations Underway for Upsized Phase II Drill Program at Hercules

Final preparations underway for upcoming Phase II drill program at Hercules, including construction of core logging and cutting facilities;Phase II program upsized to a minimum of 6,000 meters to allow testing of additional targets and deeper drilling;The Company expects to remain fully financed for a follow-up Phase III drill program as well;Phase II program will be focused on the following targets:Hercules Adit and Frogpond Zones: Step-out holes aiming to extend these zones of historical focus, as well

2023-05-08 8:00 AM EDT

Hercules Strengthens New Porphyry Copper/Skarn Target with Gold Grades up to 4.5 g/t and Uncovers New Silver Zone

Select rock chip samples previously reported were fire assayed for gold, returning grades consistent with a porphyry copper/skarn system at the Metheny, Lightning Breccia and Big Cut Zones1Supports the thesis of a potential buried porphyry copper (+/- gold) intrusion on the east side of Property, with further evidence including:Widespread phyllic and argillic alteration, typically found above a porphyry intrusion, with distal propylitic alteration to the eastVolcanics and limestones exposed at surface, suggesting

2023-04-25 8:00 AM EDT

Hercules Silver Corp. Announces Closing of $5.75 Million Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - April 20, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement offering (the "Offering") of units of the Company ("Units") for aggregate gross proceeds of $5,750,000, including the full exercise of the agents' option. The Offering was led by Canaccord Genuity Corp. as part of a syndicate of agents including Research Capital Corporation and 3L Capital Inc. (collectively,...

2023-04-20 9:03 AM EDT

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