Business

Hercules Silver Drills 38 Meters of 487 g/t Silver Equivalent in Maiden Drill Program

Strong grade over multiple significant intervals, including drill hole HER-22-01, the first hole ...

articleHercules Metals CorpFebruary 28, 20233/company/hercules-metals-corp/news/hercules-silver-drills-38-meters-of-487-gt-silver-equivalent-in-maiden-drill-program
Hercules Silver Drills 38 Meters of 487 g/t Silver Equivalent in Maiden Drill Program

About this update from Hercules Metals Corp

[{"type":"text","content":"Hercules Silver Drills 38 Meters of 487 g/t Silver Equivalent in Maiden Drill ProgramStrong grade over multiple significant intervals, including drill hole HER-22-01, the first hole of the program, which intercepted 38 meters of 353 g/t Ag, 0.64% Pb, 2.28% Zn and 0.16% Cu (487 g/t AgEq), beginning at a shallow depth of 26 m depth in first drill hole, HER-22-01.HER-22-01 included a higher-grade intercept of 4.57 m grading 791 g/t Ag, 1.25% Pb, 4.06% Zn and 0.18% Cu (1,021 g/t AgEq) starting at 29 m.HER-22-07 intersected 44.2 m grading 224 g/t Ag, 0.32% Pb, 0.38% Zn and 0.09% Cu (258 g/t AgEq) starting at 1.5 m.Drilling grades significantly exceed grades sampled at surface, supporting the concept of potential supergene enrichment of mineralization below surface.Confirmed the presence of a high-grade shoot (the P-19 Shoot) at the east end of the Frogpond Zone; open at depth to the east.Confirmed the presence of shallow, high-grade mineralization at Frogpond and Hercules Adit Zones, with additional follow-up planned for Phase II.Utilized small, low-cost scout drill for preliminary Phase I drilling with multiple holes bottoming in mineralization.Gained in-depth geological information to guide an expanded 3,000-meter Phase II core drilling program, scheduled for spring 2023.Toronto, Ontario--(Newsfile Corp. - February 28, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) (\"Hercules Silver\" or the \"Company\") is pleased to announce Phase I drill results from its Hercules Silver Property located in western Idaho (\"Hercules\" or the \"Property\"). The Company's maiden drill program was designed to test and validate significant silver reported in historical drilling at the Property's Frogpond and Hercules Adit Zones, as well as copper, lead and zinc, which were historically only selectively assayed for. Subsurface drilling grades significantly exceed the grades sampled at surface within both zones, supporting the concept of potential supergene enrichment below surface. The Phase I program utilized a small, low-cost scout drill to gain important geological and analytical information, which will further guide an expanded Phase II 3,000-meter core drilling program. The preliminary drilling results are in line with historically reported grades and widths and provide the Company with confidence in the large-scale explorat...

More updates from Hercules Metals Corp