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. reports exploration and corporate developments tied to its 100%-owned Hercules Property in western Idaho. Company news centers on drilling at the Leviathan porphyry copper system, copper-silver-molybdenum assay results, step-out drilling, geophysical surveys, and target generation across the broader Hercules Copper Belt land position.
Updates also cover epithermal silver-lead-zinc mineralization, exploration rights and land consolidation near the property, permitting and field-program activity, shareholder voting matters, governance changes, and operating and financial results.
Hercules Metals (OTCQB: BADEF) reported that hole HER-25-25 at the Southern Flats zone, Hercules project in Idaho, cut 177 m grading 0.66% CuEq within 271 m at 0.51% CuEq. The hole intersected alteration and veining consistent with the outer margins of a porphyry center on the edge of a large MT conductivity anomaly measuring about 2.6 km x 1.3 km x 1.2 km. A 200 m step-out hole, HER-26-01, is now testing the central axis of this anomaly. Hercules has also started maiden drilling at the nearby Pegasus Porphyry Target, supported by MT and IP surveys, while emphasizing rigorous sample preparation and QA/QC protocols at accredited laboratories.
Hercules Metals (TSXV: BIG / OTCQB: BADEF) reported induced polarization (IP) results that confirm chargeability coincident with prior MT conductivity anomalies at the new Pegasus and Hook targets, both located along strike from the Leviathan porphyry copper discovery.
Pegasus returned 10-15 mV/V chargeability over a <100 ohm-m MT conductor and is drill-ready with permits in place for early May; Hook returned up to 25 mV/V chargeability over a ~400 ohm-m conductor and is planned for drilling in early summer.
Hercules Metals (TSXV:BIG / OTCQB:BADEF) reported drill hole HER-25-18 intercepted the longest interval at Leviathan: 670.44 m @ 0.45% Cu, 4.0 g/t Ag, 95 ppm Mo, including 212.81 m @ 0.67% Cu, 10.2 g/t Ag, 128 ppm Mo, beginning ~150 m below surface.
The hole is being extended beyond 842.65 m and a further 200 m step-out from pre-collared HER-25-21 is planned; reconnaissance MT surveys show an anomalous conductive corridor extending ~5 km south.
Hercules Metals (OTCQB: BADEF) secured an eight-year lease with an exclusive option to acquire 1,472.65 acres of private land adjacent to its Hercules project in Washington County, Idaho. The lands include surface and mineral rights and sit along the Leviathan porphyry trend.
The transaction raises total surface rights from ~1,800 to ~3,273 acres if exercised, adds to a >100,000-acre land position, and carries annual lease payments of US$125,000 with a purchase price range of US$4.5–5.8 million.
Hercules Metals (OTCQB: BADEF) has begun a 12,500 m Phase I drill program at the Hercules Property in western Idaho, targeting five new areas along trend from the Leviathan copper discovery. A second drill rig was mobilized early to resume hole HER-25-18 after winter upgrades.
Targets include Leviathan southwest extension, a Footwall MT anomaly, Southern Flats, Pegasus, and Hook, with the Company anticipating expansion to 20,000–30,000 m after evaluation. The Company also granted 1,325,000 stock options exercisable at CAD$0.64.
Hercules Metals (OTCQB: BADEF) has started its 2026 exploration drilling campaign at the Hercules Property in western Idaho, planning 20,000–30,000 m of drilling (initial 12,500 m phase) to expand the Leviathan copper system along strike. A second drill rig is arriving next week to resume paused holes; improved on-site sampling and lab logistics aim to shorten assay turnaround. Reconnaissance 2D IP lines were completed over new Pegasus and Hook MT anomalies, with additional IP work at Hook planned for Q2 pending weather. Results from remaining 2025 holes are expected in the coming weeks.
Hercules Metals (OTCQB: BADEF) engaged Equity Exploration Consultants to manage drilling and expanded exploration capacity at its Hercules Property in western Idaho and started a 2026 campaign. Simcoe Geoscience is running reconnaissance 2D IP surveys to test new MT-defined targets, including Pegasus and Hook, ahead of planned drill testing in 2026.
All permits for Pegasus were received and a USFS NEPA review for Hook has completed categorical exclusion, allowing potential drill testing in 2026.
Hercules Metals (OTCQB: BADEF) reported 2025 drilling results at the Leviathan porphyry in Idaho, including HER-25-15: 420.62 m @ 0.60% Cu, 6 g/t Ag and HER-25-17: 585.22 m @ 0.39% Cu, 2.1 g/t Ag with a 46.03 m interval of 2.17% Cu. A Phase II MT+ELF survey delineated five conductive centers, including a new Footwall MT anomaly that the company plans to target in 2026 drilling. A 2026 drill contract has been signed and an order-of-magnitude study and maiden resource planning are underway.
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.