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Hercules Metals Secures Strategic Lease Option for Additional 1,473 Acres of Private Land Adjacent to the Hercules Project in Western Idaho
Long-Term Exploration Rights with Purchase Optionality –  An eight-year lease provi...
About this update from Hercules Metals Corp
[{"type":"text","content":"Hercules Metals Secures Strategic Lease Option for Additional 1,473 Acres of Private Land Adjacent to the Hercules Project in Western IdahoLong-Term Exploration Rights with Purchase Optionality – An eight-year lease provides full exploration rights, including drilling, with a clear pathway to acquire a 100% interest.Strategic Land Consolidation – If exercised, adds approximately 1,473 acres of private land, including both surface and mineral rights, contiguous with the Company's Pegasus Target.Expands Existing (~1,800 acres) Surface Rights Coverage at Leviathan – The Company's current surface mining rights cover approximately 1,800 acres across the full extent of the Leviathan copper discovery. If exercised, total surface rights would increase to approximately 3,273 acres, with the broader mineral land position exceeding 100,000 acres.Infrastructure Potential – Flat topography, excellent access and strategic location on private land make it well suited to support potential future site infrastructure.Toronto, Ontario--(Newsfile Corp. - March 24, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) (\"Hercules\" or the \"Company\") is pleased to announce that its wholly owned U.S. subsidiary has entered into a definitive real property lease with option to purchase agreement (the \"Agreement\") with an arm's length private landowner, to secure an additional 1,473 acres of private land (the \"Private Expansion\"), contiguous with its Hercules Property in Washington County, Idaho (\"Hercules\" or the \"Property\") (Figure 1).The Private Expansion represents a strategic addition to the Company's >100,000-acre land position in the Hercules Copper Belt. The lands include both surface and mineral rights, directly along trend with the Leviathan Porphyry Copper System, as well as a series of strong MT conductivity anomalies extending along a south-trending corridor.The Company currently holds surface mining rights covering approximately 1,800 acres across the full extent of the Leviathan copper discovery. If the option is exercised, total surface rights would increase to approximately 3,273 acres, further strengthening the Company's control over key areas of the system.Chris Paul, CEO of Hercules Metals, \"This agreement secures a highly strateg...