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Hercules Silver Intersects 185 Meters of 0.84% Cu, 111 ppm Mo and 2.6 g/t Ag, Including 45 Meters of 1.94% Cu in First Deep Hole Drilled at Hercules
Toronto, Ontario--(Newsfile Corp. - October 10, 2023) - Hercules Silver Corp.   (TSXV: BIG)...
About this update from Hercules Metals Corp
[{"type":"text","content":"Hercules Silver Intersects 185 Meters of 0.84% Cu, 111 ppm Mo and 2.6 g/t Ag, Including 45 Meters of 1.94% Cu in First Deep Hole Drilled at HerculesToronto, Ontario--(Newsfile Corp. - October 10, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) (\"Hercules Silver\" or the \"Company\") is very pleased to confirm a major new copper porphyry discovery at its Hercules Property located in western Idaho (\"Hercules\" or the \"Property\").HER-23-05, the first hole to test a large-scale (>1.8km) blind chargeability anomaly, intersected 185.29m of 0.84% Cu and 111 ppm Mo from 246m to 431.2m, including 45.33m of 1.94% Cu. The hole ended prematurely due to drilling challenges encountered at a post-mineral dyke, however observations in subsequent holes indicate that the mineralization likely extends significantly below HER-23-05 at 435 meters.The newly discovered porphyry system is situated below rhyolite-hosted silver mineralization defined by over 300 historical drill holes. The system is therefore completely blind and open in all directions from HER-23-05. A follow-up 3D IP survey is currently underway to expand the chargeability anomaly in all directions and help track the system with further drilling. Additional step-out holes drilled at various orientations to the southeast of HER-23-05, where chargeability data is currently available, have intersected similar alteration, veining and copper mineralization over variable lengths. Many directions remain to be tested, and the potassic center, which often carries the highest grades within porphyry systems, remains to be found. Assay results will be released for step-out holes as they are received. Core photographs for the intercept reported in this release have been posted to the Company's website at the following link:https://herculessilver.com/her-23-05-core-photos/Blind copper porphyry discovered in first deep drill hole grading 0.84% Cu, 111 ppm Mo, 2.6 g/t Ag over 185m, including 45m of 1.94% Cu.Hole ended prematurely in mineralization due to drilling challenges. Step-out drilling indicates system extends considerably deeper.Mineralization open in all directions from discovery hole.Additional 3D IP geophysics underway to establish limits of the system and guide further drilling.Assays pending for additional step-out drill holes.Chris Paul, CEO and ...