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Hercules Metals Announces Positive Results of Induced Polarization Survey at New Targets, Hercules Project, Idaho
New Survey Shows IP Chargeability Coincident with MT Conductivity Anomalies at Pegasus and Hook Targets, with Inaugural Drilling Commencing in the Coming
About this update from Hercules Metals Corp
[{"type":"text","content":" New Survey Shows IP Chargeability Coincident with MT Conductivity Anomalies at Pegasus and Hook Targets, with Inaugural Drilling Commencing in the Coming Weeks New Pegasus and Hook targets, situated along strike from the Company's Leviathan porphyry copper discovery, are now drill-ready, following results of a ~17-line-kilometer IP survey. Rapidly completed multi-phase MT and IP surveys reveal the targets are both conductive and chargeable, with a similar scale and geometry to the original Leviathan discovery. At the Hook target, a previously announced MT conductivity anomaly (~400 ohm-m) was surveyed with IP, revealing coincident strong chargeability (up to 25 mV/V) starting near surface. The anomaly measures approximately 1km along-line and remains open to the north, east and south. At the Pegasus target, a stronger MT conductivity anomaly (<100 ohm-m) was surveyed, revealing an anomalous chargeability response (10-15 mV/V) starting 200 m below surface. Rapid pace of new target definition continues, with drilling ongoing at Southern Flats, inaugural drilling commencing at Pegasus in the coming weeks, and drilling at Hook to follow thereafter. Toronto, Ontario--(Newsfile Corp. - April 22, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) (\"Hercules\" or the \"Company\") is pleased to announce the results of a recently completed induced polarization (\"IP\") geophysical survey, covering two newly identified magnetotelluric (\"MT\") conductivity anomalies (See NR dated Feb 19, 2026), situated along strike from its Leviathan copper porphyry discovery, on its 100% owned Hercules Property in western Idaho (the \"Property\"). The purpose of the IP survey was to further evaluate the prospectivity of two recently identified MT conductivity anomalies, by testing for the presence of chargeability, a physical property typically associated with porphyry copper mineralization, and importantly, a key characteristic of the Company's Leviathan copper discovery. Figure 1: IP surveys completed at the Hercules Property in 2023 and 2026. Northwest: Original 2023 IP survey, revealing a 12-25 mV/V chargeability anomaly that corresponds with the original Leviathan discovery. South: 2026 IP survey completed over the new Pegasus MT anomaly, that returned a chargeability anomaly ranging from 10-15 mV/V in strength. North...