Hercules Metals Corp.

0.66% CuEq over 177 Meters at the Edge of Large MT Conductivity Anomaly - Step-Out Drilling Underway New Mineralized Center: HER-25-25 has intersected alteration and veining consistent with the outer margins of a new porphyry center, with step-out drilling underway to vector towards the causative porphyry intrusion. Distinct Style: The style of mineralization is distinct from that at Leviathan, with a greater proportion [...]

Hercules Metals Corp. is pleased to announce that it has closed its previously announced bought deal private placement Offering of 53,353,000 common shares of the Company at a price of C$0.59 per Common Share for gross proceeds of approximately C$31.5 million. Pursuant to the Offering, the Company issued 36,353,000 Common Shares at the Offering Price for gross proceeds of C$21,448,270 under the Listed Issuer Financing [...]

Hercules Metals Corp. is pleased to announce that due to strong demand, it has entered into an agreement with BMO Capital Markets and SCP Resource Finance as joint bookrunners to increase the size of its previously announced brokered private placement . The Underwriters have agreed to buy on a bought deal basis by way of private placement ), 36,353,000 common shares of the Company , at a price of C$0.59 per Common Share [...]

Hercules Metals Corp. is pleased to announce that it has entered into an agreement with BMO Capital Markets and SCP Resource Finance as joint bookrunners , under which the Underwriters have agreed to buy on a bought deal basis by way of private placement ), 27,861,000 common shares of the Company , at a price of C$0.59 per Common Share for gross proceeds of approximately C$16.4 million . The Company has granted the [...]

New Survey Shows IP Chargeability Coincident with MT Conductivity Anomalies at Pegasus and Hook Targets, with Inaugural Drilling Commencing in the Coming Weeks New Pegasus and Hook targets, situated along strike from the Company's Leviathan porphyry copper discovery, are now drill-ready, following results of a ~17-line-kilometer IP survey. Rapidly completed multi-phase MT and IP surveys reveal the targets are both [...]

Longest Interval to Date, Now Being Extended Further Downhole, Beginning at a True Depth of 150 m Below Surface Assays to 842.65 m depth for drill hole HER-25-18 have been received, returning the longest interval to date at Hercules: 670.44 m of 0.45% Cu, 4.0 g/t Ag, 95 ppm Mo including 212.81 m of 0.67% Cu, 10.2 g/t Ag, 128 ppm Mo Represents a 200 m step-out southwest of recently reported drill hole HER-25-15, which [...]

Long-Term Exploration Rights with Purchase Optionality - An eight-year lease provides full exploration rights, including drilling, with a clear pathway to acquire a 100% interest. Strategic Land Consolidation - If exercised, adds approximately 1,473 acres of private land, including both surface and mineral rights, contiguous with the Company's Pegasus Target. Expands Existing Surface Rights Coverage at Leviathan - The [...]

Phase I Drill Plan - An initial 12,500 m first phase of drilling has commenced at the Hercules Property, testing five new target areas shown in Figure 2, all of which lie along trend from the Leviathan copper system. Upon completion of this phase and evaluation of results, the Company anticipates expanding to a total of 20,000 to 30,000 m. Second Drill Rig Mobilized Ahead of Schedule - A second drill rig has been [...]

New Protocols Implemented to Accelerate Turnaround of Drill Results 2026 Drilling Campaign Underway - Drilling has commenced at the Hercules Property for the 2026 exploration season. The program is designed for 20,000 to 30,000 m of drilling, focused entirely on expanding the Leviathan copper system along strike, representing roughly double the meters drilled to date and targeting larger, stronger MT geophysical anomalies [...]

IP Survey Underway to Further Evaluate New MT Targets for Porphyry-Style Mineralization Hercules Metals Corp. is pleased to announce the signing of a letter of engagement with Equity Exploration Consultants Ltd. to manage drilling operations at the companies' Hercules Property in western Idaho . Equity is a senior geological consulting firm, based in Vancouver, BC, with nearly forty years experience managing large [...]