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Hercules Intersects 338 Meters of 0.47% Cu with Mineralization Increasing at Depth and to the North

Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - Hercules Metals Corp.   (TSXV: BIG...

articleHercules Metals CorpNovember 19, 20243/company/hercules-metals-corp/news/hercules-intersects-338-meters-of-047percent-cu-with-mineralization-increasing-at-depth-and-to-the-north
Hercules Intersects 338 Meters of 0.47% Cu with Mineralization Increasing at Depth and to the North

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[{"type":"text","content":"Hercules Intersects 338 Meters of 0.47% Cu with Mineralization Increasing at Depth and to the NorthToronto, Ontario--(Newsfile Corp. - November 19, 2024) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) (\"Hercules Metals\" or the \"Company\") is pleased to announce new drill intercepts from its Hercules Property in western Idaho (“Hercules” or the “Property”). HER-24-12 has 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 on the Property. Final assay results reveal the 315m step-out from HER-24-08 ended in strong mineralization, with alteration increasing from phyllic to outer potassic in the latter half. Furthermore, a north-south cross-section (Fig 2) now demonstrates copper and potassic alteration are increasing towards the Grade Creek Zone, where a large untested chargeability and magnetic anomaly presents one of the most compelling targets for a vertically extensive early porphyry center.HighlightsStrongest primary mineralization below the enrichment blanket to date.The headline drill hole, HER-24-12, is a 315m step-out, northeast from HER-24-08, which recently intersected 480m of 0.47% Cu, 82 ppm Mo, including 55m of 1.5% Cu (See news release dated Oct 10, 2024).A new trend of increasing copper and potassic alteration toward a large untested chargeability and magnetic anomaly at the Grade Creek Zone (Figs. 1, 2, 4, 5).Trend is intersected progressively closer to surface to the north (Fig. 2).Modelling now constrains the geometry of a late porphyry intrusion (Fig. 2), allowing drilling to focus on the significantly better grades in all directions.Click here to view a summary of today's new release delivered by the Company's CEO, Chris Paul. Chris Paul, CEO and Director of the Company, noted: \"Seeing primary copper grades now increasing below the secondary enrichment blanket is certainly an exciting new development for the project. The increasing grade as well as alteration temperatures to the north has significant implications for the large geophysical anomalies underlying the Grade Creek Zone (Figs. 4, 5). Review of core photos also shows early \"A\" and \"B\" veins intensifying down hole, both of which are known to increase toward the center of porphyry systems. Assoc...

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