Stage of Development: Exploration
Commodity: Copper, Molybdenum, Silver
Country/Region: Canada
Market Cap: USD 242M
Project Locations: USA
Website: Hercules Metals Corp
Hercules Metals Corp. (TSXV: BIG | OTCQB: BADEF) is an exploration Company focused on developing America’s newest copper porphyry district, in Idaho. The Hercules Project hosts several copper porphyry centres, including the Leviathan target, Southern Flats, Pegasus and the new Hook target, all within 20% of the overall 100,000 acre project. Leviathan is uniquely positioned as a near surface copper porphyry target which is open in all directions and has an overlying epithermal silver zone. The Leviathan trend extends southwards from Leviathan over to the Southern Flats target and then towards Pegasus. Hook is a targeted parallel structure which has indications of being another porphyry centre on the property within 100 metres of surface. The Company is supported by a proven management team with a track record of execution, is well-funded and is positioned for organic growth through increased exploration activities. For more information, please refer to the company's corporate website, including applicable cautionary statements and technical notes.
Management Profile:
GEORGE OGILVIE, President and CEO with 37 years of management, operating and technical experience in the mining industry. His previous roles include President & CEO of Arizona Sonoran Copper Company (sold to Hudbay Minerals), Battle North (sold to Evolution Mining), CEO of Kirkland Lake (turnaround), and CEO of Rambler Metals (put in production).
ALISON DWOSKIN, VP Investor Relations: with greater than 20 years building and implementing investor relations programs. Previous roles include Arizona Sonoran Copper Company, Klondex Mines and Eastmain Resources.
What are your key goals for the next 3 months?:
Complete and execute the new management strategy and budgeting for 2027 and 2028 years. Increase the number of drills onsite from 2 to 4+ drills, to ramp up the drilling campaign.
What are your key goals for the next 6 months?:
Confirm a Copper Porphyry centre exists at the Hook target Increase number of drills from 4 to 6 drills with increased news flow The company will ultimately advance work to define a maiden mineral resource estimate on Leviathan, and commence metallurgical studies.
What are your key goals for the next 12 months?:
The company will continue to advance work to define a maiden mineral resource estimate on Leviathan, and advance metallurgical studies. Commence baseline monitoring for future permitting purposes.
What do you think makes your company such a compelling investment?:
Hercules is at the early stages of defining a potential new copper district in Idaho. The project hosts an epithermal silver zone overlying a copper porphyry system with higher grade hypogene enrichment at the top of the near surface porphyry target. The new management team members which joined from ASCU, bolster the exploration expertise, with capital markets, engineering, permitting, legal, corporate development and finance expertise to set the exploration and development path while considering all functions to develop a successful copper project.