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Hercules Targets Growth at Leviathan with Breakthrough 3D Model and 12,000-Metre Drill Campaign
Toronto, Ontario--(Newsfile Corp. - April 17, 2025) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: ...
About this update from Hercules Metals Corp
[{"type":"text","content":"Hercules Targets Growth at Leviathan with Breakthrough 3D Model and 12,000-Metre Drill CampaignToronto, Ontario--(Newsfile Corp. - April 17, 2025) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) (\"Hercules\" or the \"Company\"), is pleased to announce completion of the first 3D block model of the Leviathan discovery on its Hercules property in western Idaho (the \"Hercules Property\"). This milestone provides a clear framework to guide a fully funded 12,000-meter drill campaign, marking a major step toward expanding the discovery and unlocking the broader resource potential of the Leviathan porphyry system (\"Leviathan Porphyry\"). Highlights3D block model reveals a coherent, kilometer-scale NE-SW trending porphyry system, providing a strong framework ahead of the 2025 drill campaign (Figure 1).Complexity is greatly reduced to a simple, cohesive southeast-dipping shell of mineralization around a central porphyry intrusion.Near-perfect correlation with both chargeability and magnetics, providing strong validation of the model and the major expansion potential highlighted for 2025.12,000-meter drill campaign launching imminently, with an estimated budget of $6.6 million, including all-inclusive drilling rates which greatly reduce the Company's budgetary risk moving forward. Program designed to systematically grow the central Leviathan Porphyry with a series of 200m spaced fences that expand into both the Grade Creek and the Southern Flats zones, while also testing conceptual models of additional porphyry centers in the Eastern Block and Western Deeps.Drilling will be oriented northwest for the first time ever - expected to significantly increase consistency and hit rate of the southeast dipping mineralization.Joint IP and MT survey set to begin May 1, expanding deep geophysical coverage across the new broader expanded land package.Figure 1: Level plan (~900m elevation) of Cu mineralization around the southeast dipping Leviathan Porphyry (opaque red), projected to surface. The Grade Creek and Southern Flats Zones now represent the northeast and southwest extensions of Leviathan. The parallel zones of Cu-Mo in the Eastern Block are interpreted as a separate center adjacent to Leviathan and will be tested by a series of new USFS permitted drill pads. To view an enhanced version of this graphic, please visit:https://ima...