Hercules Metals Corp · TSXV:BIG
Hercules Metals — Investor Presentation (September 2026)
26 slides from Hercules Metals's investor presentation, Sep 16, 2026
Slide 1: Advancing America's Newest Porphyry Copper District
Advancing America’s Newest Porphyry Copper District SEPTEMBER TSX-V: BIG | OTCQB: BADEF 2026
Slide 2: Cautionary Statements
Forward-Looking Information Cautionary Statements This presentation contains certain information that may be deemed "forward-looking information" with respect to Qualified Person: Under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), Dillon Hercules Metals Co
Slide 3: Advancing America's Newest Porphyry Copper District
Advancing One of the largest new America’s copper discoveries in the U.S. Newest Leviathan - Large porphyry copper discovery in 2023 Porphyry Discovery hole intersected 185m of 0.84% Cu, 111 ppm Mo, and 2.6 g/t Ag. Near surface, ended in mineralization. Copper Grown to significant scale with only 30
Slide 4: Snapshot
Snapshot $2.00 One Year Share Performance 10,000 Shares Traded (000’s) 8,000 Capital Structure $1.50 Share Price 6,000 $1.00 Issued and Outstanding Shares1 350.4 M 4,000 BIG Executive $0.50 2,000 team bolstered by Options 14.0 M former ASCU $- 0 RSUs 2.67 M executive team, Fully Diluted 367.1 M inve
Slide 5: Our Management Team with a Track Record of Building Shareholder Value
Our Management Team with a Track Record of Building Shareholder Value The former Arizona Sonoran Executive Team built Cactus from private entity to a US$1.5 Bn sale to Hudbay Minerals PRESIDENT, CEO AND DIRECTOR CFO AND SVP FINANCE SVP CORPORATE DEVELOPMENT & CHIEF LEGAL OFFICER GEORGE OGILVIE NICK
Slide 6: Our Geological Team
Our Geological Team Strong porphyry copper experience with multiple high-impact discoveries SVP EXPLORATION AND DIRECTOR VP EXPLORATION RESOURCE GEOLOGIST CHRIS PAUL DILLON HUME ANTHONY BOTTRILL BSc. Geology BSc. Geology, MSc Economic Geology, P. Geo 27 years of resource geology and modelling Discov
Slide 7: Our Board of Directors
Our Board of Directors CHAIR (INDEPENDENT) DIRECTOR (INDEPENDENT) DIRECTOR MATTHIEU BOS KELLY MALCOM GEORGE OGILVIE BSc Mine Engineering MSc, Metallurgy BSc. Geology, BA Economics P.Eng. Former Executive Vice President at Ivanhoe President and CEO of Borealis Mining. Previously President and CEO of
Slide 8: Idaho Advantage
Idaho Advantage Low Geopolitical Risk Pro-resource state with low geopolitical risk. Streamlined state permitting. Federal Permitting and Fast Track 41 Revisions New federal permitting rules significantly fast track exploration and mine permitting in the United States, particular for copper projects
Slide 9: Hercules Property
Hercules Property Exploring America's Newest Copper Porphyry Belt • 73 km and over 100,000 acres of Americas newest porphyry copper belt, owned and partially partnered with Barrick. • Major near surface porphyry copper discovery below surface epithermal silver zone. • 3 similar anomalies currently b
Slide 10: Leviathan Discovery
Leviathan Discovery Near Surface Porphyry copper with high-grade secondary enrichment Only 20% of target tested to date TSX-V: BIG | OTCQB: BADEF
Slide 11: Hercules Property: Well-Positioned to Operate
Hercules Property Well-Positioned to Operate LOCATION Cambridge, Idaho • 100% owned OWNERSHIP • NSR buyable down to 0.25-1% MINERAL • >100,000 acres of private, state and RIGHTS federal mineral rights SURFACE • ~3,300 acres of surface rights + MINING private land lease option (black RIGHTS outline)
Slide 12: Generational Opportunity to Grow with America's Newest Copper Porphyry District
Generational Opportunity to Grow with America's Newest Copper Porphyry District Discovery Mineral Resource Scoping Feasibility Construction Operations Hercules Metals US $0.3 billion current market capitalization Filo Del Sol (Argentina) US $10 billion (sold to Morenci Mine (Arizona) BHP/Lundin) US
Slide 13: Focus on Leviathan, near surface opportunity
Focus on Leviathan, near surface opportunity Epithermal silver system overlays new copper porphyry zone below • Shallow historical drilling (308 holes | 1965-1988) focused on a large epithermal silver system at surface. • IP Survey in 2022 revealed anomaly at depth, leading to one of the largest new
Slide 14: 2023 Leviathan Discovery
HER-23-05 cross-section with interpreted geology, grade bars for 2023 Leviathan Discovery copper (orange), molybdenum (blue), and silver (grey) A Rare New Porphyry Copper Discovery in the U.S.A. • Overlying epithermal silver system with intersected holes including 139 g/t Ag over 42m (HER 23-07). •
Slide 15: Leviathan Drilling
Leviathan Drilling 2025 Highlights Include: • HER-25-02: NEAR SURFACE o 81m of 1.49% Cu, 8.9 g/t Ag, SILVER ZONE o Within 127 m of 1.10% Cu, 7.0 g/t Ag o Within 346 m of 0.66% Cu, 3.2 g/t Ag, 78 ppm Mo • HER-25-05: o 35 m of 1.01% Cu, 6.2 g/t Ag o Within 273 m of 0.60% Cu, 1.8 g/t Ag, o Within 379 m
Slide 16: Leviathan Current Drilling
Leviathan Current Drilling Systematic Fence Drilling • Leviathan drilling has currently defined: LEVIATHAN • Over 1 km strike, up to 750 m wide, and up to 500 m vertical extent • Remains open in both directions, where new geophysical surveys highlight incredibly strong growth potential, and at depth
Slide 17: 2026 Exploration Plan
2026 Exploration Plan Drill Testing 4 New Porphyry Centers 4 targets with similar geophysics (MT conductivity and IP chargeability) to the Leviathan Porphyry Copper System. ➢ Leviathan FW MT Anomaly (OP expansion target) – Highconductivity anomaly plunging northeast from Leviathan. ➢ Hook (OP target
Slide 18: 2026 Hook Porphyry Target
2026 Hook Porphyry Target High Chargeability Target Successful Proof of Concept Drilling • Reconnaissance Drill Hole HER-26-03 Intersects Intense Phyllic Alteration, Consistent with the Margins of a New Porphyry System, at the Edge of a 1.8-Kilometer Chargeability Anomaly September Drill Hole • Prio
Slide 19: New Southern Flats Zone Discovery
New Southern Flats Zone Discovery Testing New Porphyry Center • Iron-rich volcanics – better host rock for high grade copper • 2025 drilling vectored west through increasing alteration, veining and mineralization, toward drill hole HER-25-25, which intersected the margins of a new blind copper porph
Slide 20: Copper Deposits
Notable porphyry copper deposits in the United States: Active Mines: • Morenci Mine – Arizona • Safford – Arizona • Bingham Canyon Mine (Kennecott) – Utah • Bagdad Mine – Arizona • Sierrita Mine – Arizona • Pinto Valley – Arizona US Porphyry Development Projects: Copper Deposits • Resolution Copper
Slide 21: Development-Stage Porphyry Copper Deposits
Development-Stage Porphyry Copper Deposits PROJECT NAME Pebble Project Resolution Copper Copper World Santa Cruz Copper Creek LOCATION Alaska Arizona Arizona Arizona Arizona Rio Tinto (55%) OWNER Northern Dynasty Hudbay Minerals Ivanhoe Electric Faraday Copper BHP (45%) M&I MINERAL 422 Mt @ 0.48% 6.
Slide 22: A Generational Opportunity in the Making
A Generational Opportunity in the Making Upcoming Catalysts • Step-out drilling at new Southern Flats porphyry 73km belt has potential to copper discovery. 2026 drill campaign deliver a significant testing stronger discovery value through • Currently fence drilling with 2 geophysical anomalies furth
Slide 23: Contact us
Contact us Herculesmetals.com George Ogilvie, President and CEO TSX-V: BIG | OTCQB: BADEF Gogilvie@herculesmetals.com Alison Dwoskin, VP Investor Relations Adwoskin@herculesmetals.com 647-233-4348
Slide 24: Appendix Slides
Appendix Slides TSX-V: BIG | OTCQB: BADEF
Slide 25: Responsible Exploration
Responsible Exploration Hercules Metals seeks to build a positive legacy by delivering value to the community both during and after its operating life in Idaho and by building close ties with the community, government and all its stakeholders. Engagement Hercules hosts town hall meetings to educate
Slide 26: Shallow Near-Surface Hanging wall to Leviathan Porphyry
Shallow Near-Surface • Hanging wall to Leviathan Porphyry Open Pit Target • High-grade enrichment zone closest to surface in the east, representing HER-24-20 – potential open pit target. Shallowest high-grade intercept to date ~70 meters true depth below surface Copper Molybdenum 26 See PR dated Jan
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