Hercules Silver Corp.
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Why Hercules Silver has Risen 900% This Year?
Hercules Silver Unveils Groundbreaking Porphyry Copper Discovery in Idaho
First Blind Hole Yields Unprecedented Copper Grades
In a groundbreaking revelation, Hercules Silver Corp. (TSX-V: BIG) (OTCQB: BADEF) (FWB: 8Q7) has uncovered a significant copper porphyry system at its Hercules Property in western Idaho. The Company, led by CEO and Director Chris Paul, revealed astounding findings from the initial deep drill hole HER-23-05, marking a remarkable shift in the Property's prospect profile.
What: A Major Copper Porphyry Discovery
The HER-23-05 hole, designed to explore a vast blind chargeability anomaly, struck a substantial 185. 29 meters of 0. 84% copper and 111 ppm molybdenum, with a standout 45. 33-meter stretch boasting 1.
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94% copper. Despite encountering drilling challenges near the end of the hole, subsequent observations suggest an extension of mineralization beneath HER-23-05 at a depth of 435 meters.
Where & When: Hercules Property in Idaho, October 10, 2023
Located below the rhyolite-hosted silver mineralization discovered through historic drilling, this porphyry system presents itself as a concealed treasure trove, expanding the Property's potential in previously uncharted territories. The results from HER-23-05 signify an extensive, open-ended system yet to be fully explored.
Why & How: Remarkable Exploration Strategy Unveiling Prospective Findings
The newly revealed system, shrouded beneath the surface, indicates the likelihood of a substantial and expansive mineralization structure. The Company's strategic move to employ a follow-up 3D IP survey aims to expand the chargeability anomaly and guide forthcoming drilling initiatives.
Continued Success with Silver Mineralization Above Porphyry System
Recent Findings Further Strengthen Hercules Silver's Prospects
In a continuing series of revelations, Hercules Silver Corp. (TSX-V: BIG) (OTCQB: BADEF) (FWB: 8Q7) reports encouraging findings from shallow drill holes HER-23-06 and HER-23-07, situated above the newfound porphyry copper system at the Hercules Property. The results underscore robust silver mineralization, coupled with critical metals, establishing a compelling narrative for the Property's potential.
Strategic Evolution of the Project
Initial drilling targeted the Frogpond Zone, aiming to uncover primary silver zones. However, the findings have evolved, showcasing that the previously targeted upper levels represent only a fraction of a larger system. These preliminary results have also highlighted the presence of critical minerals, reinforcing the project's value and boosting optimism for regulatory approval in the US.
Share Price Soars with Prospective Discoveries
Notably, as Hercules Silver Corp. reveals groundbreaking discoveries and promising results, their share price has skyrocketed by an astounding 900. 00% over the past year. This remarkable surge is a testament to investor confidence in the Company's groundbreaking findings and their potential to reshape the mining landscape in Idaho.
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