Hercules Silver Corp. is pleased to announce the appointment of Mr. Christopher Longton, CPG, as Vice President of Exploration of the Company. Mr. Longton is an accomplished geologist with over 15 years experience from greenfields exploration to production on precious and base metals deposits throughout North America and Australia. He has extensive [...]
Final preparations underway for upcoming Phase II drill program at Hercules, including construction of core logging and cutting facilities; Phase II program upsized to a minimum of 6,000 meters to allow testing of additional targets and deeper drilling; The Company expects to remain fully financed for a follow-up Phase III drill program as well [...]
Select rock chip samples previously reported were fire assayed for gold, returning grades consistent with a porphyry copper/skarn system at the Metheny, Lightning Breccia and Big Cut Zones1 Supports the thesis of a potential buried porphyry copper intrusion on the east side of Property, with further evidence including: Widespread phyllic and [...]
Hercules Silver Corp. is pleased to announce that it has closed its previously announced brokered private placement offering of units of the Company for aggregate gross proceeds of $5,750,000, including the full exercise of the agents' option. The Offering was led by Canaccord Genuity Corp. as part of a syndicate of agents including Research [...]
Hercules Silver Corp. is pleased to announce that it has entered into a letter agreement with Canaccord Genuity Corp., as lead agent and bookrunner, on its own behalf and on behalf of a syndicate of agents including Research Capital Corp. in connection with a fully marketed private placement for the sale of up to 25,000,000 units of the Company at [...]
Hercules Silver Corp. is pleased to announce the appointment of Mr. Kelly Malcolm as an Independent Director of the Company. The appointment expands the board of directors of the Company to five qualified professionals, with extensive backgrounds in exploration and development, capital markets, accounting and finance, and corporate governance. The [...]
Strong grade over multiple significant intervals, including drill hole HER-22-01, the first hole of the program, which intercepted 38 meters of 353 g/t Ag, 0.64% Pb, 2.28% Zn and 0.16% Cu , beginning at a shallow depth of 26 m depth in first drill hole, HER-22-01. HER-22-01 included a higher-grade intercept of 4.57 m grading 791 g/t Ag, 1.25% Pb [...]
Launching a Spring 2023 core drilling campaign for up to 3,000 meters Testing new targets, extensions of historical mineralization, and high-grade shoots interpreted within the Hercules Adit and Frogpond Zones Targeting extension of a high-grade shoot discovered in the final two years of historical drilling, at the east end of the Frogpond Zone 89 [...]
Over 800 outcrop chip samples highlighting a widespread silver-lead-zinc-copper system. Grades up to 21% copper at the Big Cut Skarn and 2,810 g/t silver in the untested Grade Creek Zone1 Results confirm a multi-kilometer-scale system, delimited by a number of mineralized zones which may be contiguous under surface cover Majority of samples [...]
New 3D IP survey over the Hercules Adit, Frogpond and Belmont Zones reveals a large-scale, high-strength chargeability anomaly below historical drilling Strong chargeability values over a continuous strike length of 1.8 km Anomaly is coincident with the untested base of the Hercules Rhyolite where surface mapping indicates the strongest silver [...]
First drill program undertaken in 34+ years at the Hercules Property 9 drill holes completed with a low-cost track-mounted RC drill rig High-priority areas tested within the Frogpond and Hercules Adit Zones for potential inclusion in future resource estimates Planning underway for an expanded Phase II drill program Final 3D IP inversions expected [...]
Drill rig mobilized to Hercules Property Verification, infill, and step-out holes planned at Frogpond and Hercules Adit Zones Historical drilling will be verified / infilled for potential inclusion in future resource estimates Step-out holes will test open zones with little to no prior drilling Assays will test for a full 51 element suite [...]