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Hercules Metals Completes IP Survey at Hook Target, Defining Large, Near-Surface Chargeability Anomaly

Seven Completed Survey Lines Highlight a 1.8-Kilometer Anomaly with Geometry and Intensity Compar...

articleHercules Metals CorpJuly 2, 20263/news/hercules-metals-completes-ip-survey-at-hook-target-defining-large-near-surface-chargeability-anomaly
Hercules Metals Completes IP Survey at Hook Target, Defining Large, Near-Surface Chargeability Anomaly

About this update from Hercules Metals Corp

Hercules Metals Completes IP Survey at Hook Target, Defining Large, Near-Surface Chargeability AnomalySeven Completed Survey Lines Highlight a 1.8-Kilometer Anomaly with Geometry and Intensity Comparable to the Leviathan DiscoverySurvey Completed: Approximately 28 line-kilometers of induced polarization ("IP") surveying have now been completed across seven lines at the Hook target, expanding upon a previously announced reconnaissance line which returned exceptionally high chargeability, up to 40 mV/V.Strong Continuity: The completed survey has now outlined the chargeability feature extending over a strike length of ~1.8 kilometers. Strongest Response Near Surface: The highest-intensity portion of the anomaly, ranging from 20-40 mV/V, is modelled to begin within approximately 100 meters of surface on Lines 1 and 2, providing a near-surface drill target.Comparable Geometry to Leviathan Discovery: The completed survey reveals a shallow northeast plunging geometry, with similar scale, orientation and intensity to the IP signature at the Leviathan porphyry copper discovery (Figure 1).Drilling Underway: The first drill hole testing the target is currently at 200 meters depth. The anomaly begins approximately 100 m below surface; however, a nearby existing access road is being utilized which requires an estimated 350-400 m drilled length to reach the target zone on the initial test (Figure 4).Toronto, Ontario--(Newsfile Corp. - July 2, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce the final results of seven induced polarization ("IP") geophysical survey lines recently completed at the Hook target, on its 100% owned Hercules Property in western Idaho (the "Property").The completed survey defines a large, continuous chargeability anomaly that extends across all seven lines and exhibits a geometry that closely resembles the IP signature seen at the Company's Leviathan porphyry copper discovery.The survey was designed to determine the lateral extents of a new near surface anomaly announced earlier in the year. The final results provide increasing confidence in the potential for additional porphyry mineralization concealed beneath shallow post-mineral cover.At Leviathan, elevated chargeability is closely associated with both porphyry copper mineralization and a surrounding pyrit...

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