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HERCULES METALS CORP - BADEF STOCK NEWS

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Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) is a junior mining company focused on the exploration and development of the 100% owned Hercules Silver Project in western Idaho. The company has reported strong silver-lead-zinc results from recent drilling, showcasing the presence of a significant silver system potentially related to the Leviathan porphyry copper discovery. With extensive historical drilling and new geophysical data, Hercules Silver Corp. is well positioned for growth through continued exploration. The company's management team brings significant experience in exploration and development of precious metals projects worldwide.

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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.

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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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Hercules Silver Corp. showcases results of 2023 geophysics, revealing multiple prospective targets for high-grade copper porphyry at its Hercules Property. The Company plans to commence the 2024 drill program after successful geophysical surveys. CEO Chris Paul expresses excitement for potential high-grade core discoveries.
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Hercules Silver Corp. engages Momentum IR Corp. for investor relations and advisory services, led by Nisha Hasan. The agreement includes a monthly fee of $10,000 and 200,000 Options with an exercise price of CAD$0.83, vesting over twenty-four months.
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Hercules Silver Corp. reports strong silver-lead-zinc results from drilling at its Hercules Silver Property in Idaho. The presence of a significant silver system above the Leviathan porphyry copper discovery is highlighted, with high-grade intercepts and potential new mineralized shoots. The company plans a 2024 drill campaign to explore porphyry copper potential at depth, with a focus on increasing silver grades to the northwest.
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Hercules Silver Corp. strengthens its technical team with geological consultants and porphyry copper specialists to advance Leviathan Porphyry discovery. The company grants 600,000 RSUs to consultants for incentive plans.
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Hercules Silver Corp. reports positive results for drill hole HER-23-26, confirming increasing copper grades to the west at its Hercules project in Idaho. Barrick Gold Corporation is providing technical support for a 20,000-meter drill program to expand on the 2023 discovery. The Leviathan Porphyry remains open for expansion, showing potential for significant copper and molybdenum deposits.
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Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) reports positive assay results for the Leviathan Porphyry Copper discovery at its Hercules project in western Idaho. The discovery has demonstrated significant scale and remains open for expansion in multiple directions and at depth. The company has attracted substantial investment from Barrick Gold Corp. and is working on a new large-scale IP anomaly over several kilometers.
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Hercules Silver Corp. announced the completion of a non-brokered private placement, with Barrick Gold Corporation subscribing for 21,265,370 units at a price of C$1.10 per unit, resulting in gross proceeds of C$23,391,907. Barrick now owns 12.33% of the issued and outstanding Hercules Shares on a non-diluted post-transaction basis and 15.02% on a partially-diluted post-transaction basis, assuming exercise of all warrants.
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Hercules Silver Corp. has entered into an agreement with Barrick Gold Corporation for a non-brokered private placement. Barrick will purchase 21,265,370 units of Hercules Silver at a price of C$1.10 per unit, resulting in gross proceeds of C$23,391,907. The units consist of one common share of Hercules and 0.32 of a common share purchase warrant. Barrick will own 12.33% of the issued and outstanding Hercules shares on a non-diluted basis and 15.02% on a partially-diluted basis. The proceeds will be used to explore the Hercules Property in Idaho. The closing of the placement is expected on or before November 8, 2023, subject to customary closing conditions.
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FAQ

What is the current stock price of HERCULES METALS (BADEF)?

The current stock price of HERCULES METALS (BADEF) is $0.36914 as of December 23, 2024.

What is the market cap of HERCULES METALS (BADEF)?

The market cap of HERCULES METALS (BADEF) is approximately 110.3M.

What is Hercules Silver Corp. focused on?

Hercules Silver Corp. is focused on the exploration and development of the 100% owned Hercules Silver Project in western Idaho.

What recent results has the company reported?

The company has reported 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.

What supports the growth of Hercules Silver Corp.?

Extensive historical drilling, new geophysical data, and a strategic investment by Barrick Gold Corporation support the growth of Hercules Silver Corp. through continued exploration.

Who leads the management team at Hercules Silver Corp.?

The company's management team brings significant experience in the exploration and development of numerous precious metals projects worldwide.

How can I get more information about the company?

For further information, contact Nisha Hasan, Investor Relations, at +1 (604) 425-1408 or email nisha@herculessilver.com.

HERCULES METALS CORP

OTC:BADEF

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BADEF Stock Data

110.25M
208.77M
17.78%
3.96%
Silver
Basic Materials
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United States of America
Toronto