Hercules Metals Corp (BIG)

Hercules Metals Intersects 788 m of 0.54% Copper Equivalent and 802 m of 0.40% Copper Equivalent at the Leviathan Porphyry System in IdahoJune 16, 2026 7:00 AM
NewsfileDrilling and IP Surveying Also Underway at Hook Target, Investigating the Strongest Near Surface Chargeability Anomaly on the PropertyHER-25-21 extends Leviathan's Footwall Zone to the southwest, returning: 801.6 m of 0.40% CuEq (0.30% Cu, 82 ppm Mo, 5.3 g/t Ag, 0.01 g/t Au)And Incl. 107.8 m of 0.52% CuEq (0.43% Cu, 104 ppm Mo, 1.8 g/t Ag, 0.02 g/t Au)And Incl. 206.3 m of 0.45% CuEq (0.39% Cu, 98 ppm Mo, 0.7 g/t Ag, 0.01 g/t Au)HER-25-18 was also further extended downhole, following a brief winter drilling pause, returning a final composite interval of:787.9 m of 0.54% CuEq (0.43% Cu, 91 ppm Mo, 3.5 g/t Ag, 0.03 g/t Au)Incl. 212.8 m of 0.89% CuEq (0.67% Cu, 128 ppm Mo, 10.2 g/t Ag, 0.05 g/t Au)High Grades at the Top: All three holes reported in this news release also include high-grade intersected at the top of the system, summarized as follows:HER-25-18 - 57.4 m of 1.18% CuEq, beginning at 188 m downhole (158 m true depth below surface)HER-25-21 - 21.3 m of 2.00% CuEq, beginning at 224 m downhole (214 m true depth below surface)HER-25-24 - 17.8 m of 1.54% CuEq, beginning at 236 m downhole (112 m true depth below surface)System Remains Open: The Leviathan Porphyry remains open for expansion to the southwest, where further step-out drilling is planned for the 2026 season.Drilling Underway at the Hook Target: Reconnaissance drilling has now commenced at the Hook target, to test the strongest chargeability anomaly identified on the Property to date, with values up to 40 mV/V. 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 for the initial test.IP Survey Continuing: Encouraged by strong initial results at the Hook target, the Company has expanded the IP survey to seven lines covering 1.7 km of prospective strike length. The chargeability anomaly has now been traced across five completed lines, covering 1.2 km of strike length. The two most recent lines were extended to cross the Leviathan porphyry system as a calibration check, where they returned a near-identical geophysical response.Additional IP Lines Planned at Pegasus: Upon completion of the Hook survey, crews will move back to the Pegasus target to conduct a series of long east-west IP lines designed to test the full width of a major structural corridor, within which porphyry mineralization is interpreted to have been emplaced at the Hercules Property.First Pegasus Hole Complete: The first drill hole at the Pegasus target, HER-26-02, has been completed. The hole intersected distal porphyry alteration, veining, and mineralization, analogous to early drilling completed at the Southern Flats target, prior to discovering strong copper mineralization to the west in HER-25-25. The upcoming IP survey will test for the presence of near surface chargeability approximately 2 km to the west of HER-26-02, along trend from the same structural zone hosting Southern Flats.Toronto, Ontario--(Newsfile Corp. - June 16, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce further results from its 2026 drilling campaign at the Leviathan Porphyry on its Hercules project in western Idaho (the "Property"). HER-25-21 was completed from a 2025 RC pre-collar, and extended Leviathans footwall zone to the southwest with an intercept of:801.6 m of 0.40% CuEq (0.30% Cu, 82 ppm Mo, 5.3 g/t Ag, 0.01 g/t Au)Incl. 21.3 m of 2.00% CuEq (0.22% Cu, 33 ppm Mo, 165.7 g/t Ag, 0.01 g/t Au) And Incl. 107.8 m of 0.52% CuEq (0.43% Cu, 104 ppm Mo, 1.8 g/t Ag, 0.02 g/t Au)And Incl. 206.3 m of 0.45% CuEq (0.39% Cu, 98 ppm Mo, 0.7 g/t Ag, 0.01 g/t Au)HER-25-18 was also further extended downhole, following a brief winter drilling pause at the end of 2025. The final composite assay result for HER-25-18 is:787.9 m of 0.54% CuEq (0.43% Cu, 91 ppm Mo, 3.5 g/t Ag, 0.03 g/t Au)Incl. 212.8 m of 0.89% CuEq (0.67% Cu, 128 ppm Mo, 10.2 g/t Ag, 0.05 g/t Au)And Incl. 57.4 m of 1.18% CuEq (1.06% Cu, 112 ppm Mo, 3.6 g/t Ag, 0.04 g/t Au)Chris Paul, CEO for Hercules Metals, "We're pleased to further extend mineralization to the southwest as the Leviathan porphyry copper system continues to demonstrate its continuity and growth potential. We look forward to completing further ongoing step-outs to the southwest as the 2026 season progresses.We're also very encouraged by the ongoing IP results at the new Hook target. What initially began as a subtle MT anomaly has quickly evolved into a high priority target, and the first to exhibit a near identical IP response to Leviathan. We look forward to receiving the final survey results once the remaining lines are completed, after which the crew will return to the Pegasus anomaly to investigate the potential for additional near-surface mineralization."Table 1: Highlight IntervalsHole IDFrom (m)To (m)Interval (m)1Cu (%)Mo (ppm)Ag (g/t)Au (g/t)CuEq (%)2HER-25-18172.21960.12787.910.43913.50.0270.54Including3188.00400.81212.810.6712810.20.0470.89Including3188.00245.3657.361.061123.60.0361.18HER-25-21224.031025.65801.620.30825.30.0100.40Including224.03245.3621.330.2233165.70.0052.00Including427.09534.92107.830.431041.80.0230.52Including661.42867.70206.280.39980.70.0090.45HER-25-24236.52254.3617.841.282019.70.0391.54And283.46495.30211.840.22831.90.0050.29Including283.46362.8679.400.30323.90.0040.36 Figure 1: Drill results to date at Hercules relative to a geologically constrained MT conductivity depth slice. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_002full.jpgFigure 2: Cross-section E-E', showing drill hole HER-25-18, HER-25-21, and HER-25-24.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_003full.jpgHook IP AnomalyA new 2026 IP survey at the Hook target has identified a strong, continuous, near-surface chargeability anomaly exhibiting a geophysical response strongly analogous to the Leviathan porphyry copper system in terms of scale, strength, geometry, and orientation. The anomaly is located approximately 3 kilometers east of, and subparallel to, the Leviathan porphyry system and its associated chargeability signature (Figure 8). To validate the comparison, IP lines 4 and 5 were extended to also cross over the Leviathan system as a calibration check, where they returned a highly comparable response, with both zones showing chargeability values ranging from 16-19 mV/V (Figures 6 and 7). Upcoming IP lines 6 and 7 will look to extend both the Hook and Leviathan anomalies further north. IP lines 1 through 3 were run exclusively across the Hook target, where the strongest chargeability anomaly on the Property has been returned, with values of up to 40 mV/V (Figures 3-5). Drilling has now commenced in hole HER-26-03, to test the area of strongest chargeability between IP lines 1 and 2 (Figures 3, 4, and 8). The anomaly begins within 100 m of surface on these lines; however, the first hole is collared from the nearest existing access road which requires an estimated 350-400 m drilled length to reach the target zone. If initial drilling is successful, the Company will evaluate options for permitting and constructing new temporary roads directly across the anomaly, to test where it comes closest to surface.Figure 3: IP line 1N (looking north) at the Hook target. The >20 mV/V anomaly comes within 100 m of surface, where recent landslide cover conceals the target. The initial drill test in HER-26-03 is collared from an existing access road to the west of the anomaly, requiring an estimated 350-400 m drilled length to reach the target zone.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_004full.jpgFigure 4: IP line 2N (looking north) at the Hook target, with the strongest values of the survey, up to 40 mV/V. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_005full.jpgFigure 5: IP line 3N (looking north) at the Hook target. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_006full.jpgFigure 6: IP line 4N (looking north), which was extended west to cover both the known Leviathan porphyry system (left side) as a calibration check, and the new Hook target (right side) for direct comparison.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_007full.jpgFigure 7: IP line 5N (looking north), which was extended west to cover both the known Leviathan porphyry system (left side) as a calibration check, and the new Hook target (right side) for direct comparison.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_e7dcfd23c4b068c1_008full.jpgFigure 8: Compilation map showing all four targets on the Hercules Property, including the Leviathan Porphyry Copper System, the new Southern Flats discovery, and the new Hook and Pegasus targets. The unconstrained MT conductivity model in the background indicates the broad structural corridor (warm colours) within which porphyry copper intrusions are interpreted to have been emplaced. The ongoing IP survey will investigate the potential for near surface porphyry centers within this broad conductive corridor.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/301633_hercules8.jpgPegasus Reconnaissance DrillingHER-26-02 was collared within an approximately 3 kilometer wide structural corridor, distinguished by strongly elevated MT conductivity, which is host to both the Leviathan and the Southern Flats porphyry copper centers. The hole was collared on the eastern side of the corridor, where it intersected distal alteration and minor quartz-magnetite-pyrite veining, with weak to anomalous copper and molybdenum, consistent with similar results returned from early drilling on the same side of the corridor at the Southern Flats zone.Drawing on geological insights gained from the discovery of Southern Flats; the western portion of the corridor is interpreted to have certain key structural controls indicative of higher porphyry copper potential. Upon completion of the final two IP lines at Hook, the western side of the structural corridor will be surveyed next, to investigate the potential for associated near-surface chargeability.Surveyed Drill Collar LocationsTable 2: Surveyed collar data for drill holes reported in this releaseHole IDEastingNorthingElevationDepth (m)AzimuthDipHER-25-18511656.94956141.171363.041030.22315.00-45.25HER-25-21511530.944956050.071331.931025.65308.39-50.62HER-25-24511928.124955997.781432.74586.13275.07-44.77 Sample Analysis and QAQCAll drill core samples were prepped at MSA Labs in Elko, Nevada and analyzed at MSA Labs in Langley, British Columbia, an ISO 17025 and ISO 9001 certified laboratory. Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the IMS-230 method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 48 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for silver, 0.5 ppm for lead, 2 ppm for zinc, and 0.2 ppm for copper. Mercury is not reported due to volatilization in reaction with hydrofluoric acid and gold is not reported due to the small, 0.25 g aliquot size being insufficient to overcome the nugget effect. Samples with initial results beyond the upper detection limit of the IMS-230 method were analyzed by procedures ICF-6Ag, ICF-6Cu, ICF-6Pb and ICF-6Zn. The thresholds are 100 ppm for silver, and >1% for copper, lead and zinc. A 50 g split from the crushed and pulverized samples are composited into larger 500 g composite samples (consisting of ten continuous samples) and analyzed for gold utilizing CPA-Au1 photon assay method. Certain material gold results from the composite samples are then selected for re-analysis, by individual sample, as a 30 g fire assay (FAS-111 Method). Gold assays below detection limit are treated as zero values for composite calculations.MSA Labs employs internal quality control standards, duplicates and blank samples at set frequencies. Blind certified reference materials (CRMs) and blank samples were systematically inserted by the Company into the sample stream and analyzed as part of the Company's quality assurance/quality control protocol.Qualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.comDillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.1 The intervals reported represent drill intercepts and insufficient data are available at this time to state the true thickness of the mineralized intervals.
2 Copper equivalent (CuEq) for drill intersections is calculated using a three-year trailing average for each commodity, which equates to US$ 4.20/lb Cu, US$ 2,600/oz Au, US$ 30.50/oz Ag and US$ 21.50/lb Mo, with 80% metallurgical recoveries assumed for all metals. The formula is: CuEq % = Cu % + (0.000512 * Mo ppm) + (0.010591 * Ag g/t) + (0.902879* Au g/t).
3 Previously reported on March 30, 2026To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301633? 801.6 m of 0.40% CuEq (0.30% Cu, 82 ppm Mo, 5.3 g/t Ag, 0.01 g/t Au)? And Incl. 107.8 m of 0.52% CuEq (0.43% Cu, 104 ppm Mo, 1.8 g/t Ag, 0.02 g/t Au)? And Incl. 206.3 m of 0.45% CuEq (0.39% Cu, 98 ppm Mo, 0.7 g/t Ag, 0.01 g/t Au) Original: Hercules Metals Intersects 788 m of 0.54% Copper Equivalent and 802 m of 0.40% Copper Equivalent at the Leviathan Porphyry System in Idaho

HER-25-25 Intersects Margins of a New Blind Copper Porphyry System at the Southern Flats Zone, Hercules Project, IdahoMay 26, 2026 7:00 AM
Newsfile0.66% CuEq over 177 Meters at the Edge of Large MT Conductivity Anomaly - Step-Out Drilling UnderwayNew 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 of quartz vein-hosted mineralization and stronger grades than would typically be observed on the margins of the Leviathan system.Increasing Alteration Intensity: Reconnaissance drilling, from east to west at Southern Flats, has systematically vectored from distal propylitic, through phyllic, to outer potassic alteration in HER-25-25, indicating drilling is progressing west toward a new porphyry center.Increasing Vein Intensity: Concurrent with the alteration zoning, veining intensity has increased from pyrite-rich D-type veins in the east, to high-temperature early halo and B-type veins carrying copper and molybdenum, in HER-25-25. Increasing Chalcopyrite-to-Pyrite Ratios: The ratio of chalcopyrite (copper sulfide) to pyrite (iron sulfide) increases westward into HER-25-25, as well as downhole, coincident with the onset of outer potassic alteration, prior to the hole being stopped by a post-mineral fault zone. 200 m Step-Out Underway: A new step-out hole, HER-26-01, is collared 200 m west of HER-25-25 and has reached the top of the target zone where it is now testing for increasing alteration, veining and mineralization.Significant Scale Potential: HER-25-25 is the first hole to test the edges of a central Figure 1: Drilling to date at Hercules relative to an 800 m depth slice of MT conductivity. Warmer colours are more conductive.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_002full.jpgFigure 2: Cross-section (±250 m, looking toward 340°) showing alteration and mineralization relative to the Southern Flats MT anomaly. HER-26-01 will target the core of the MT anomaly for the potential causative porphyry intrusion and inner potassic alteration.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_003full.jpgFigure 3: HER-26-01 in progress at Southern FlatsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_004full.jpgChris Paul, CEO for Hercules Metals, "Evidence is increasingly compelling for a potential new porphyry discovery at Southern Flats. Reconnaissance drilling continues to vector toward increasingly stronger copper in what appears to be the margins of a new porphyry center. We're excited to advance drilling at tighter spacing as we explore for Southern Flats potential high-grade core."Table 1: Highlight IntervalsHole IDFrom (m)To (m)Interval (m)1Cu (%)Mo (ppm)Ag (g/t)Au (g/t)CuEq (%)2HER-25-25871.731143271.270.43752.60.0240.51Including914.41091.18176.780.56922.20.0310.66 Geological Description and Core PhotosHER-25-25 encountered strong quartz-sericite-pyrite (phyllic) alteration transitioning downhole to increasing early biotite (outer potassic) alteration and chalcopyrite to pyrite ratios. Late pyrite-rich phyllic alteration and D-type veins overprint the early biotite alteration to the bottom of the hole, consistent with a marginal part of the system, despite the strong grades encountered.Certain porphyry systems are cored by a more intense zone of inner potassic alteration, characterized by k-feldspar and magnetite, in addition to biotite, which is often accompanied by significantly higher quartz vein densities. Whole core box and select close-up photographs are shown below to illustrate the alteration, veining, and fine-grained mineralization encountered in HER-25-25.Figure 4: HER-25-25 - Phyllic altered fragmental volcanic host rock with strongly disseminated chalcopyrite and pyrite.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_005full.jpgFigure 5: HER-25-25 - Early quartz-magnetite-chalcopyrite veinlet (center), cut by a late D vein (lower right) in phyllic altered volcanic host rock.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_006full.jpgFigure 6: HER-25-25 - Dense network of early halo veins and disseminated chalcopyrite-pyrite, cut by B vein with molybdenite along vein walls and chalcopyrite-molybdenite centerline.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_007full.jpgFigure 7: HER-25-25 - Cryptic breccia with B vein clasts.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_008full.jpgFigure 8: HER-25-25 - Thick early halo veins with chalcopyrite mineralization and chalcopyrite C veins infilling centerlines.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_009full.jpgFigure 9: HER-25-25 - Early halo veins with chalcopyrite-pyrite C/D veins infilling centerlines.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_010full.jpgFigure 10: HER-25-25 - 3237.60 ft - 3246.60 ft - Phyllic (quartz-sericite-chlorite) altered volcanic host rock cut by early halo veins, B veins, and late-stage D veins.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_011full.jpgFigure 11: HER-25-25 - 3530.70 ft - 3544.5 ft - Early biotite altered volcanic host rock with variable phyllic overprint, cut by B, C and D veins.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_012full.jpgFigure 12: HER-25-25 - 3595.60 ft - 3608.20 ft - Early biotite altered volcanic host rock with variable phyllic overprint. Increasing density of B veins.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_013full.jpgSurveyed Drill Collar LocationsTable 2: Surveyed collar data for drill holes reported in this releaseHole IDEastingNorthingElevationDepth (m)AzimuthDipHER-25-25511461.824954900.861264.741143270.37-84.46 Pegasus TargetMaiden drilling has commenced at the Pegasus Porphyry Target, approximately 3.6 km southeast of HER-25-25 and HER-26-01. The Pegasus target was identified by a district-scale MT geophysical survey in 2025 that indicates potential for the trend of porphyry intrusions to continue further south from Southern Flats. A first phase of IP surveying was completed over the target in early 2026, with a second phase now underway at both the Pegasus and the separate Hook Target, to further map the distribution of anomalous chargeability at each area. The Pegasus target is located on flat, subdued topography, adjacent to a highway and high-voltage transmission line infrastructure.Figure 13: Drilling underway at HER-26-02 at the Pegasus Porphyry TargetTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/298837_99adea30845c7b3a_014full.jpgSample Analysis and QAQCAll drill core samples were prepped at MSA Labs in Elko, Nevada and analyzed at MSA Labs in Langley, British Columbia, an ISO 17025 and ISO 9001 certified laboratory. Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the IMS-230 method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 48 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for silver, 0.5 ppm for lead, 2 ppm for zinc, and 0.2 ppm for copper. Mercury is not reported due to volatilization in reaction with hydrofluoric acid and gold is not reported due to the small, 0.25 g aliquot size being insufficient to overcome the nugget effect. Samples with initial results beyond the upper detection limit of the IMS-230 method were analyzed by procedures ICF-6Ag, ICF-6Cu, ICF-6Pb and ICF-6Zn. The thresholds are 100 ppm for silver, and >1% for copper, lead and zinc. A 50 g split from the crushed and pulverized samples are composited into larger 500 g composite samples (consisting of ten continuous samples) and analyzed for gold utilizing CPA-Au1 photon assay method. Certain material gold results from the composite samples are then selected for re-analysis, by individual sample, as a 30 g fire assay (FAS-111 Method). Gold assays below detection limit are treated as zero values for composite calculations.MSA Labs employs internal quality control standards, duplicates and blank samples at set frequencies. Blind certified reference materials (CRMs) and blank samples were systematically inserted by the Company into the sample stream and analyzed as part of the Company's quality assurance/quality control protocol.Qualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.comDillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.1 The intervals reported represent drill intercepts and insufficient data are available at this time to state the true thickness of the mineralized intervals.2 Copper equivalent (CuEq) for drill intersections is calculated using a three-year trailing average for each commodity, which equates to US$ 4.20/lb Cu, US$ 2,600/oz Au, US$ 30.50/oz Ag and US$ 21.50/lb Mo, with 80% metallurgical recoveries assumed for all metals. The formula is: CuEq % = Cu % + (0.000512 * Mo ppm) + (0.010591 * Ag g/t) + (0.902879* Au g/t).To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298837 Original: HER-25-25 Intersects Margins of a New Blind Copper Porphyry System at the Southern Flats Zone, Hercules Project, Idaho

Huh.....This is an interesting story eh ?
I had never heard of them.
Hercules in Idaho ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177257973

Kind of a weird-lookin' chart however
Instant 1/4 billion mkt cap
https://stockcharts.com/sc3/ui/?s=BIG.V

Heard about them thru this
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177507510
.

Hercules Metals Intersects 670 m of 0.45% Copper, 4 g/t Ag and 95 ppm Mo, including 213 m of 0.67% Copper, 10 g/t Ag, 128 ppm Mo at the Leviathan Porphyry System in IdahoMarch 30, 2026 7:00 AM
NewsfileLongest Interval to Date, Now Being Extended Further Downhole, Beginning at a True Depth of 150 m Below SurfaceAssays 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 Moincluding 212.81 m of 0.67% Cu, 10.2 g/t Ag, 128 ppm MoRepresents a 200 m step-out southwest of recently reported drill hole HER-25-15, which intersected 420.62 m of 0.60% Cu, 6.0 g/t Ag, 65 ppm Mo.Hole now being extended beyond 842.65 m as part of the 2026 campaign.Upon completion of HER-25-18's extension, a further 200 m step-out will be drilled from pre-collared hole HER-25-21.Toronto, Ontario--(Newsfile Corp. - March 30, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to report additional drill results from its 2025 exploration campaign at the Leviathan porphyry copper system, located on its 100%-owned Hercules Property in western Idaho (the "Property"). Drill hole HER-25-18 has returned the longest mineralized interval encountered to date at Leviathan, intersecting 670 metres grading 0.45% copper, 4.0 g/t silver, and 95 ppm molybdenum, including 212.81 metres grading 0.67% copper, 10.2 g/t silver, and 128 ppm molybdenum. The intercept begins at a true vertical depth of approximately 150 metres below surface and remains open further down hole, with drilling currently being extended beyond 842.65 metres. HER-25-18 was drilled as a 200 metre step-out to the southwest of previously reported hole HER-25-15 and now demonstrates strong continuity of copper mineralization across the rapidly growing footprint of the Leviathan system. The hole intersected sustained copper mineralization over a broad interval, with higher-grade zones occurring on either side of a larger mineralized envelope, consistent with the Company's evolving porphyry model. Drilling remains ongoing in HER-25-18, which was paused in mineralization at the end of the 2025 season. A further 200 metre step-out is planned to be completed next, using pre-collared drill hole HER-25-21, to target the continuation of mineralization along the same southwest trend.Chris Paul, President and Chief Executive Officer of Hercules Metals, "HER-25-18 represents a significant leap forward in terms of scale and continuity at the Leviathan system. Intersecting 670 metres of continuous mineralization in a 200 metre step-out demonstrates dimensions well beyond our previous understandings of the system. "In addition, we are now further extending the high-grade upper portion of the system, where mineralization begins at relatively shallow depths, and continuing to see strong potential for continued growth along strike to the southwest."With additional step-outs planned at Leviathan and a growing pipeline of high-priority targets across several kilometres of untested strike, we are focused on continuing to systematically expand the Leviathan discovery while vectoring in on new and exciting targets across our broader land package this season."Figure 1: Drill plan with MT depth slice at 800m below surface. Hotter colours are more conductive. Copper grades shown in orange and molybdenum grades in blue. Section line D-D' for figure 2 cross-section shown.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/290394_a28b2a31f4773b65_002full.jpgTable 1: Highlight IntervalsHole IDFrom (m)To (m)Interval (m)1Cu (%)Mo (ppm)Ag (g/t)HER-25-18172.21842.65670.440.45954.0Including188400.81212.810.6712810.2Including188245.3657.361.061123.6Including702.56842.65140.090.49840.8HER-25-13289.56301.8712.310.57171.7HER-25-14399.29405.386.091.08412.4AND478.54489.210.660.57211.1AND541.26777.24235.980.31950.9Including638.56715.3776.810.471751.4HER-25-20158.62458.72300.10.38351.2Including158.62198.1239.51.55352.4 Figure 2: Cross-section D-D', showing drill hole HER-25-18.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/290394_a28b2a31f4773b65_003full.jpg2025 Reconnaissance DrillingA series of reconnaissance drill holes were completed south of Leviathan, following an initial Phase I magnetotelluric ("MT") survey completed at the start of the 2025 field season. The Phase I survey outlined a corridor of elevated conductivity associated with the Leviathan copper porphyry system, which also extends for another 5 kilometers to the south.Subsequent Phase II MT surveying, completed at higher resolution at the end of 2025, refined this anomalous corridor into a series of discrete, vertically extensive conductive centers. One of the most prominent, the Southern Flats target, has emerged west of the 2025 reconnaissance holes HER-25-06, HER-25-16, HER-25-22, and HER-25-23 (Figure 1).HER-25-06, the westernmost hole for which assays have been received, did not reach the intended target depth for porphyry mineralization but was drilled immediately adjacent to the newly delineated Southern Flats conductive center and returned significant silver-lead-zinc mineralization within the overlying cover sequence, including the following previously reported intervals:10.7 m of 257.2 g/t Ag, 2.18% Pb, and 4.62% Zn (420.5 g/t AgEq) Within 119.9 m grading 31.2 g/t Ag, 0.29% Pb, and 0.86% Zn (59.7 g/t AgEq)Drilling to the east, in other reconnaissance holes HER-25-16, HER-25-22, and HER-25-23, encountered strong concentrations of epithermal pathfinder elements in the cover sequence, and distal skarn alteration in the underlying porphyry target sequence, consistent with the outer margins of a potential porphyry copper center.Interpretation of these reconnaissance holes, in conjunction with the newly delineated Southern Flats conductive center, signals a vector toward increased prospectivity to the west, as is now being tested by the currently in-progress drill hole, HER-25-25.Table 2: Distal silver-lead-zinc grades in 2025 reconnaissance drill holesHole IDFrom (m)To (m)Interval (m)1Ag (g/t)Pb (%)Zn (%)AgEq (g/t)HER-25-16574.55646.1871.6310.50.140.3119.8AND760.48775.7215.2427.0-0.1630.5AND816.86835.1518.2914.2-0.0615.4AND886.97888.491.5242.7-0.0844.4AND1011.941013.461.52342.0-0.02342.5HER-25-22396.24467.8771.637.50.020.2012.5HER-25-23167.64435.86268.223.40.040.3612.1Including347.47388.6241.157.80.121.0433.4Including358.14388.6230.4810.10.151.2841.6Including379.48388.629.1424.80.372.9798.0 Surveyed Drill Collar LocationsTable 3: Surveyed collar data for drill holes reported in this releaseHole IDEastingNorthingElevationDepth (m)AzimuthDipHER-25-13512131.24956963.391616.25631.85355.00-64.60HER-25-14511912.24956733.271525.21832.10315.11-55.03HER-25-16512628.94955042.401401.211068.32270.34-54.57HER-25-18511656.94956141.171363.04842.65315.00-45.25HER-25-20511931.34956493.081511.26468.17314.86-61.72HER-25-22512644.64954738.731397.09890.02214.96-70.43HER-25-23512417.04954325.971267.92648.31220.00-69.52 Tabulated collar survey data in Table 3 of the Company's February 2, 2026 news release are repeated in Table 4 below to correct for numerical errors. For clarity, the drill hole locations presented were accurately represented in both the plan and cross-section figures in that release.Table 4: Corrected collar survey information for tabulated data presented in February 2, 2026 news releaseHole IDEastingNorthingElevationDepth (m)AzimuthDipHER-25-15511695.304956346.931435.3786.39315.00-45.45HER-25-17511849.124956789.191527906.78315.23-80.47HER-25-19511759.374955859.651362.92456.13300.00-66.95 Sample Analysis and QAQCAll drill core samples were prepped and analyzed at MSA Labs in Elko, Nevada and/or Langley, British Columbia, an ISO 17025 and ISO 9001 certified laboratory. Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the IMS-230 method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 48 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for silver, 0.5 ppm for lead, 2 ppm for zinc, and 0.2 ppm for copper. Mercury is not reported due to volatilization in reaction with hydrofluoric acid and gold is not reported due to the small, 0.25 g aliquot size being insufficient to overcome the nugget effect. Samples with initial results beyond the upper detection limit of the IMS-230 method were analyzed by procedures ICF-6Ag, ICF-6Cu, ICF-6Pb and ICF-6Zn. The thresholds are 100 ppm for silver, and >1% for copper, lead and zinc. A 30-50 g split from the crushed and pulverized samples are composited into larger 300-500 g composite samples (consisting of ten continuous samples) and analyzed for gold utilizing CPA-Au1 photon assay method. Certain material gold results from the composite samples are then selected for re-analysis, by individual sample, as a 30 g fire assay (FAS-111 Method).MSA Labs employs internal quality control standards, duplicates and blank samples at set frequencies. Blind certified reference materials (CRMs) and blank samples were systematically inserted by the Company into the sample stream and analyzed as part of the Company's quality assurance/quality control protocol.Qualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information, please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.comDillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.1 The intervals reported represent drill intercepts and insufficient data are available at this time to state the true thickness of the mineralized intervals.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290394
Original: Hercules Metals Intersects 670 m of 0.45% Copper, 4 g/t Ag and 95 ppm Mo, including 213 m of 0.67% Copper, 10 g/t Ag, 128 ppm Mo at the Leviathan Porphyry System in Idaho

Hercules Metals Secures Strategic Lease Option for Additional 1,473 Acres of Private Land Adjacent to the Hercules Project in Western IdahoMarch 24, 2026 7:00 AM
NewsfileLong-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 (~1,800 acres) Surface Rights Coverage at Leviathan – The Company's current surface mining rights cover approximately 1,800 acres across the full extent of the Leviathan copper discovery. If exercised, total surface rights would increase to approximately 3,273 acres, with the broader mineral land position exceeding 100,000 acres.Infrastructure Potential – Flat topography, excellent access and strategic location on private land make it well suited to support potential future site infrastructure.Toronto, Ontario--(Newsfile Corp. - March 24, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce that its wholly owned U.S. subsidiary has entered into a definitive real property lease with option to purchase agreement (the "Agreement") with an arm's length private landowner, to secure an additional 1,473 acres of private land (the "Private Expansion"), contiguous with its Hercules Property in Washington County, Idaho ("Hercules" or the "Property") (Figure 1).The Private Expansion represents a strategic addition to the Company's >100,000-acre land position in the Hercules Copper Belt. The lands include both surface and mineral rights, directly along trend with the Leviathan Porphyry Copper System, as well as a series of strong MT conductivity anomalies extending along a south-trending corridor.The Company currently holds surface mining rights covering approximately 1,800 acres across the full extent of the Leviathan copper discovery. If the option is exercised, total surface rights would increase to approximately 3,273 acres, further strengthening the Company's control over key areas of the system.Chris Paul, CEO of Hercules Metals, "This agreement secures a highly strategic block of private land contiguous with our Hercules project, where exploration indicates strong potential to extend the Leviathan system south. The transaction provides long-term exploration certainty, flexibility, and a clear pathway to ownership of private land that is well positioned to support future development activities, including potential site infrastructure."Figure 1: Private Expansion lands (1,473 acres) in bright green add to the >100,000 acre contiguous Hercules Property, shown in darker green.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/289626_ac3d331f9408c89d_002full.jpgFigure 2: MT conductivity 800 m below surface. Warmer colours are more conductive, representing a series of strong drill targets along trend from the Leviathan discovery1.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/289626_ac3d331f9408c89d_003full.jpgTransaction TermsPursuant to the Agreement, the Company's wholly owned U.S. subsidiary, Anglo-Bomarc, U.S., Inc. ("Anglo") has been granted an eight-year lease over approximately 1,472.65 acres of private land located in Washington County, Idaho, together with an exclusive option to acquire a 100% interest in the Property.In consideration for the rights granted under the Agreement, the Company will make annual lease payments of US$125,000, payable in advance at the commencement of each lease year. The Agreement may be terminated by Anglo at any time, upon 30 days' written notice, subject to the satisfaction of any outstanding obligations, including reclamation.The lease grants Anglo the exclusive right to conduct mineral exploration activities on the Property during the term of the lease, including drilling and geophysical surveys. The Agreement also provides Anglo with the exclusive and irrevocable option to purchase the Property at any time during the lease term at fair market value, subject to a minimum purchase price of US$4.5 million and a maximum purchase price of US$5.8 million. The purchase price will be determined through an independent appraisal process, whereby each party appoints a qualified appraiser, with provisions for a third appraisal in the event of a material variance. Qualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.comDillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.1 The conductivity inversion models measured data beyond the survey area, based on electrical currents flowing into the survey area. Geophysical surveying has not yet been conducted on newly leased ground.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289626
Original: Hercules Metals Secures Strategic Lease Option for Additional 1,473 Acres of Private Land Adjacent to the Hercules Project in Western Idaho

Hercules Metals Outlines Initial 2026 Drill Plan at the Hercules Property in Western IdahoMarch 20, 2026 7:00 AM
NewsfilePhase 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 mobilized to resume drilling at hole HER-25-18, previously paused at 841 m depth. Observations of potassic alteration at depth suggest the potential for a broader Footwall Zone than previously interpreted. The rig has undergone significant winter upgrades, expected to materially improve drilling efficiency (Figure 1).Toronto, Ontario--(Newsfile Corp. - March 20, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to provide details on its initial 12,500 m drill program, currently underway at five new target areas along trend from the Leviathan copper discovery at its Hercules Property in western Idaho (the "Property"). Figure 2 outlines the approximate allocation of planned drilling across the following targets:Leviathan Southwest Extension (~3,000 m) – The Leviathan copper system remains open to the southwest. Drilling will focus on extending known mineralization in this direction and testing for continued system growth.Leviathan's Footwall MT Anomaly (2,500 m) – Recent drilling at the northern extent of Leviathan has encountered increasing copper grades at depth (see previous news release dated Feb 4, 2026), approaching a deeper northeast-plunging magnetotelluric ("MT") anomaly that remains untested. At least two deep drill holes are planned to evaluate the source and significance of this anomaly.Southern Flats Target (~3,000 m) – Southern Flats represents the largest and most robust geophysical anomaly identified on the Property to date. Defined through two phases of MT surveying, the target is characterized by a discrete, vertically extensive, cylindrical conductor situated directly along strike to the south of Leviathan. Approximately three deep drill holes are planned to test this target over a meaningful strike extent.Pegasus Target (~3,000 m) – Located several kilometers southeast of Southern Flats, the Pegasus target exhibits a similar MT geophysical signature. A recently completed induced polarization ("IP") survey has also identified a coincident chargeability anomaly, significantly increasing confidence that Pegasus may represent an untested porphyry center.The Hook Target (~1,000 m) – The Hook target is defined by a moderate conductivity anomaly that returned the strongest chargeability response from the 2026 IP survey. The magnitude of this response is comparable to that associated with the original Leviathan IP anomaly that led to the 2023 discovery hole HER-23-05. Final IP results remain pending, while planning for additional IP is underway.Figure 1: Second drill rig mobilizing on site, to resume drilling at HER-25-18 following winter upgrades.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/289296_5bdbb11c548dfa32_002full.jpgFigure 2: Initial 12,500 m phase of a broader 20,000 to 30,000 m 2026 drill program targeting Southern Flats, Pegasus, Hook, the Footwall MT anomaly, and Leviathan's southwest extension.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/289296_5bdbb11c548dfa32_003full.jpgOption GrantThe Company has granted an aggregate of 1,325,000 stock options (the "Options") to certain officers, employees and consultants of the Company, pursuant to its omnibus incentive plan. The Options are exercisable for a period of five years at an exercise price of CAD$0.64. The options will vest in four equal tranches over a period of 24 months.Qualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information, please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.comDillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289296
Original: Hercules Metals Outlines Initial 2026 Drill Plan at the Hercules Property in Western Idaho

Hercules Metals Commences 2026 Drilling at the Hercules Property in Western IdahoMarch 17, 2026 7:00 AM
NewsfileNew Protocols Implemented to Accelerate Turnaround of Drill Results2026 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 identified along trend.Drilling Resumes on HER-25-25 - Following a brief winter pause, drilling has resumed on HER-25-25 to continue testing for extensions of the Leviathan porphyry system in the Southern Flats target area. The hole was paused on December 20, 2025, at 808 m depth within leach cap, with an underlying MT target yet to be tested.Second Drill Rig En Route - A second drill rig is scheduled to arrive at the project site next week and will resume drilling on HER-25-18, which was paused at 841 m depth, with indications of potassic alteration suggesting a potentially wider portion of the Footwall Zone than previously recognized.Improved Sample Turnaround - Upgrades to on-site sample processing, logistics, and analytical lab location are expected to significantly reduce assay turnaround in 2026. The Company expects to report results from the remaining 2025 drill holes upon receipt of final assays, anticipated in the coming weeks.Reconnaissance IP Survey Complete at New MT Targets - A series of 2D induced polarization ("IP") lines were completed over the new Pegasus and Hook MT anomalies, to focus targeting ahead of initial drill testing. Two planned lines were completed at Pegasus, followed by two additional lines to extend a significant chargeability response identified in the preliminary results. One planned line was completed at the Hook target, which returned the strongest chargeability response of the survey. Additional IP lines at the Hook target are planned for Q2, once weather conditions at higher elevations allow for more efficient ground surveying. Final results are pending and will be released once received.Toronto, Ontario--(Newsfile Corp. - March 17, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce that drilling has commenced for the 2026 exploration season at its Hercules Property in western Idaho (the "Property"). The Company is planning a 20,000 to 30,000 m drill program focused on expanding the Leviathan copper discovery along strike into the Southern Flats Zone and beyond, representing roughly double the meters drilled to date and targeting larger, stronger MT geophysical anomalies identified along trend. An initial 12,500 m phase is currently underway, the results of which will continue to guide the allocation of remaining meters across additional targets.Initial drilling has resumed on 2025 drill hole HER-25-25, which was paused during the winter holidays and is now advancing, following the return of Dorado Drilling USA ("Dorado") after a successful 2025 drilling season at the Hercules Property.Figure 1: Drill hole HER-25-25 in progressTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/288774_02c32572a4187990_002full.jpgA second Dorado drill rig is scheduled to arrive at the project next week following winter upgrades designed to increase daily production capacity. Combined, the Dorado rigs are expected to achieve the highest drilling production rates to date. The second drill rig will resume drilling on HER-25-18, which was paused at 841 m depth while still exhibiting signs of potassic alteration with copper mineralization. These observations suggest the Footwall Zone may be wider in this area than previously recognized.HER-25-21, which was pre-collared in 2025 using a reverse circulation ("RC") drill rig, is expected to be completed with core drilling following completion of HER-25-18.Additional drill rigs will be added as the 2026 exploration season ramps up and additional details regarding the broader drill plan testing multiple new targets will be provided in a coming news release.Chris Paul, CEO and Director of Hercules Metals, commented, "We're pleased to begin drilling in early March, supported by the relatively low elevation and minimal topographic relief at our target areas. We also welcome back Dorado Drilling, following their strong performance last season. By focusing on our best-performing contractor, who have since upgraded their rigs, we expect a potentially stronger season this year and look forward to delivering results to market quicker, and testing new high-priority targets for the first time."Figure 2: Planned initial reconnaissance IP lines (pink) and added IP lines (green) overlaid on an MT conductivity slice 800 m below surface. The hashed pattern outlines areas of younger geological cover, including zones of younger silver-lead-zinc mineralization. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/288774_02c32572a4187990_003full.jpgFigure 3: First three drill holes of 2026 drill campaign. Additional information on targeting will be provided in a coming news release.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/288774_02c32572a4187990_004full.jpgQualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information, please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.comDillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288774
Original: Hercules Metals Commences 2026 Drilling at the Hercules Property in Western Idaho

Hercules Metals Intersects 420 m of 0.60% Copper and 6 g/t Ag, Including 113 m of 1.38% Copper and 14 g/t Ag at the Leviathan Porphyry System in IdahoFebruary 4, 2026 7:00 AM
NewsfileNorthern Cluster of Drill Holes Ending in Increasing Grades at Depth, Linked to New MT Anomaly and Northeast Expansion TargetThick and Continuous Footwall Mineralization Intersected in HER-25-15, returning: 420.62 m of 0.60% Cu, 6.0 g/t Ag, 65 ppm Moincluding 112.78 m grading 1.38% Cu, 14 g/t Ag, 40 ppm MoStrong Hypogene Enrichment Intersected in HER-25-17, returning: 46.03 m of 2.17% Cu, 16.0 g/t Ag, 44 ppm Moincluding 6.1 m of 12.52% Cu, 11.3 g/t Ag, 80 ppm Mowithin 585.22 m of 0.39% Cu, 2.1 g/t Ag, 49 ppm Moand ending in 70.1 m of 0.50% Cu and 117 ppm Mo
with a final 12.19 m of 0.62% Cu and 142 ppm MoPhase II MT Reveals Five Discrete Conductive Centers - A Phase II magnetotelluric and extremely low frequency electromagnetic ("MT+ELF") geophysical survey infilled a multi-kilometer conductivity anomaly outlined by the initial Phase I program. The higher-resolution data now delineates up to five discrete high-conductivity centers within the broader anomaly, which are planned for testing during the 2026 drill season.New Footwall MT Anomaly - One of the five conductive centers occurs at the northern end of Leviathan's Footwall Zone. HER-25-17 intersected the top of this Footwall MT Anomaly, where it terminated in increasing grades away from the lower porphyry contact, ending in 0.62% Cu from 895 m to 907 m (EOH). Nearby holes, including HER-23-08 and HER-24-12, also ended in increasing grades at depth. The Footwall Anomaly may represent a deep-seated early porphyry center that has not yet been tested by drilling.A 2026 drill contract has been signed with Dorado Drilling USA and plans are underway to re-commence drilling once final assays have been received for the 2025 drilling season and an updated 3D geological model has been completed.The Company is in discussions with a specialized Vancouver-based consulting firm and plans to initiate an order-of-magnitude study to assess any additional drilling requirements or dataset gaps, ahead of commencing an initial maiden resource estimate for both the near-surface silver mineralization and the Leviathan copper porphyry system.Toronto, Ontario--(Newsfile Corp. - February 4, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") reports further results from its 2025 drilling campaign on the Leviathan porphyry copper discovery, at its Hercules Property in western Idaho (the "Property"). Table 1: Highlight IntervalsHole IDFrom (m)To (m)Interval (m)1Cu (%)Mo (ppm)Ag (g/t)HER-25-15300.23763.52463.290.56625.3including300.23720.85420.620.60655.5including347.47460.25112.781.384013.7HER-25-17321.56906.78585.220.39492.1including336.8382.8346.032.174416.0including336.8342.96.1012.528011.3including836.68906.7870.10.501171.0including894.59906.7812.190.621420.2HER-25-19168.86333.76164.90.31584.1including168.86210.3141.450.54567.1 Dillon Hume, Vice President, Exploration of Hercules Metals, commented: "These latest results demonstrate continued expansion of the high-grade hypogene enrichment at Leviathan, while highlighting the broader potential for additional porphyry centers across the Hercules land package. "HER-25-17 showed an increase in both copper and molybdenum grades upon entering what is now revealed to be a large MT conductor at depth, supporting the potential for expansion into new and previously untested zones of concealed copper mineralization. "Given the scale of the mineral system that has been defined so far, and the multiple conductive centers that have been identified along trend, we estimate that drilling to date has tested less than 20% of the overall target area at Hercules."Figure 1: Oblique cross-sectional view (±250 m) of HER-25-17 relative to the top of the Footwall MT anomaly (orange) and the intermineral porphyry dyke swarm (pink). Other drillholes which display increasing copper grades toward the MT anomaly include HER-24-12 and HER-23-08.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/282639_hercules%20figure%201.jpgFigure 2: Long section across the entire Hercules system, showing known mineralization at the Leviathan Porphyry, as well as all MT anomalies less than 100 ohm-m in magnitude. The MT anomalies are defined by zones of high conductivity relative to the background conductivity of the host rocks and display geometries which may be associated with intrusive centers. From north to south these anomalies include: the Hook; Footwall; Southern Flats; Pegasus; and Apollo.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/282639_hercules%20figure%202.jpgFigure 3: Drill plan map. Grade bars for copper (orange) and molybdenum (blue). 300 m.a.s.l. depth-slice of MT conductivity is displayed in the background (hotter colours ate more conductive).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/282639_39a41cf7e4de4880_004full.jpgFigure 4: Cross-section B-B', showing drill hole HER-25-15 relative to previous drilling on the fence.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/282639_hercules%20figure%204.jpgTable 2: Surveyed Drill Collar LocationsHole IDEastingNorthingElevationDepth (m)AzimuthDipHER-25-15511061.084956764.651278.2843.89190.14-60.18HER-25-17511131.74957112.971340.34158.68164.99-63.74HER-25-19511131.74957112.971340.34185.23151.99-71.04 Sample Analysis and QAQCAll drill core samples were prepped and analyzed at MSA Labs in Elko, Nevada and/or Langley, British Columbia, an ISO 17025 and ISO 9001 certified laboratory. Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the IMS-230 method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 48 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for silver, 0.5 ppm for lead, 2 ppm for zinc, and 0.2 ppm for copper. Mercury is not reported due to volatilization in reaction with hydrofluoric acid and gold is not reported due to the small, 0.25 g aliquot size being insufficient to overcome the nugget effect. Samples with initial results beyond the upper detection limit of the IMS-230 method were analyzed by procedures ICF-6Ag, ICF-6Cu, ICF-6Pb and ICF-6Zn. The thresholds are 100 ppm for silver, and >1% for copper, lead and zinc. A 30-50 g split from the crushed and pulverized samples are composited into larger 300-500 g composite samples (consisting of ten continuous samples) and analyzed for gold utilizing CPA-Au1 photon assay method. Certain material gold results from the composite samples are then selected for re-analysis, by individual sample, as a 30 g fire assay (FAS-111 Method).MSA Labs employs internal quality control standards, duplicates and blank samples at set frequencies. Blind certified reference materials (CRMs) and blank samples were systematically inserted by the Company into the sample stream and analyzed as part of the Company's quality assurance/quality control protocol.Qualified Person The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Hercules Metals Corp.Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing America's newest porphyry copper district, in Idaho. The 100% owned Hercules Project, located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation. With the potential for significant scale, the Company's management and board of directors aims to deliver value to shareholders through proven discovery success.For further information, please contact:Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculesmetals.com Dillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.Disclaimer for Forward-Looking InformationThis news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.1 The intervals reported represent drill intercepts and insufficient data are available at this time to state the true thickness of the mineralized intervals.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282639
Original: Hercules Metals Intersects 420 m of 0.60% Copper and 6 g/t Ag, Including 113 m of 1.38% Copper and 14 g/t Ag at the Leviathan Porphyry System in Idaho

Hercules Metals Intersects 273 m of 0.60% Copper, within 379 m of 0.50% Copper, including 35 m of 1.01% Copper and 6.2 g/t Silver at the Leviathan Porphyry System

New 2025 Exploration Model Results in Long Intervals of Continuous Copper Mineralization at Shallower Depths with Growing Significance of Widespread Silver in Cover Rock

New 3D model now driving consistently positive results in 2025 drilling –
Drill hole HER-25-05 intersected:
273 m of 0.60% Cu, 77 ppm Mo, and 1.8 g/t Ag,
within 379 m of 0.50% Cu, 75 ppm Mo, and 1.3 g/t Ag,
including 35 m of 1.01% Cu and 6.2 g/t Ag
Drill hole HER-25-03, further outward from 25-05, intersected:
256 m of 0.44% Cu, 85 ppm Mo, and 0.9 g/t Ag
within 452 m of 0.37% Cu, 73 ppm Mo, and 0.9 g/t Ag

Hanging Wall Zone closer to surface – Mineralization begins at a true depth of just 110 m below surface in HER-25-05.

750 metre-wide fence completed – Assays remain pending for drill hole HER-25-15, which completes a 750 metre-wide drill fence.

Building continuity – Drilling with a new exploration model this season is building continuity in both the Hanging Wall Zone (this news release) and Footwall Zone (see Hercules news release dated September 17, 2025), with a systematic grid-based approach that allows vectoring toward the highest-grade centre of each drill fence.

Widespread silver in cover rock – Recent strength in silver prices has renewed interest in the potential to view Leviathan as a larger-scale open-pit target, encompassing the deeper porphyry mineralization together with widespread low-grade silver in the near-surface cover rock.

Additional catalysts ahead – Assay results are now pending for an additional seven (7) completed holes now in the lab, with additional sample shipments ongoing, and drilling continuing.

Toronto, Ontario / October 22, 2025 – Hercules Metals Corp. (“Hercules” or the “Company”) (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to report further results from its 2025 drilling campaign at the Company’s flagship Leviathan porphyry copper discovery, located on its Hercules Property in western Idaho (the “Property”).

Results are now demonstrating continuity in the Hanging Wall Zone, with HER-25-05 (“25-05”) returning 273 m of 0.60% Cu, 77 ppm Mo, and 1.8 g/t Ag, within a broader interval of 379 m of 0.50% Cu, 75 ppm Mo, and 1.5 g/t silver, beginning at 110 m true depth below surface. HER-25-03 (“25-03”), drilled further outward along the same fence, intersected 256 m of 0.44% Cu, 85 ppm Mo, and 0.9 g/t Ag within 452 m of 0.37% Cu, 73 ppm Mo, and 0.86 g/t Ag.

Assays for HER-25-15 are pending and will complete this fence, delineating the full width of mineralization across both the Hanging Wall and Footwall zones on this section. With five additional fences drilled at 200-metre spacing this season, continuity is building rapidly across the Leviathan system. And, by applying a systematic, model-driven approach, the Company is able to identify and delineate where the highest-grade core is centred on each drill fence, guiding additional infill drilling.

Drill hole HER-25-04 (“25-04”) was deemed to have been collared away from the centre, at a dip later determined to be too steep, and was terminated in a late-mineral dyke. However, prior to encountering the late-mineral dyke, assay results revealed a consistent increase in copper within the surrounding volcanic host rock. The final 85 metres immediately preceding the dyke averaged 0.30% Cu, including a final 38 metre interval grading 0.48% Cu, supporting higher grades being located west of 25-04, where the centre of the system is now inferred.
CONTINUED:
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Weekly Chart

Hercules Metals Provides Update on 2025 Drilling at the Leviathan Porphyry System

Stronger continuity emerging through accelerated definition drilling at Leviathan; testing of “Donut” Anomaly in the south underway

Upsized 2025 drilling campaign: The Company’s 2025 drill program has been expanded beyond the original 12,000 metre target. Over 13,000 metres of drilling have been completed, with the Company expecting to continue drilling into November 2025, as long as seasonal weather conditions permit.

2025 drilling progressing well: 2025 drilling now includes sixteen (16) holes completed, with three (3) holes in progress, and three (3) additional RC pre-collars ready for completion.

“Donut” Anomaly now being tested in Southern Flats Zone: Core holes 25-16 and 25-22 have now begun testing a new target in the Southern Flats Zone known as the Donut Anomaly, with a third hole, 25-23, pre-collared and ready for completion. The highly-conductive, 3 km-wide Donut Anomaly represents one of the largest geophysical targets identified by the Company to date.

Nine (9) holes currently being assayed: Samples for nine (9) complete holes (25-03 – 25-11) have been sent to the lab and are being processed, with additional sample shipments ongoing.

Toronto, Ontario / October 8, 2025 – Hercules Metals Corp. (“Hercules” or the “Company”) (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to provide an update on 2025 drilling progress at its flagship Leviathan porphyry copper discovery on its Hercules Property in western Idaho (the “Property”). Sixteen holes have been completed, with one hole in-progress at Leviathan and two holes currently in-progress on a large new priority target area in the Southern Flats Zone. Over 13,000 metres have been drilled to date, with samples for nine holes awaiting assay at the lab. Figure 1 provides an updated drill map, showing holes completed, in-progress, and pre-collared with a reverse circulation (“RC”) drill rig.

Chris Paul, CEO and Director of Hercules Metals, commented, “I am encouraged by the steady progress of our 2025 drilling campaign. Early validation of our 3D geological model has enabled us to execute a combined strategy of both definition and pure exploration drilling. By employing a fence-based approach, we are able to pinpoint holes that demonstrate the strongest continuity across each 200-metre section, systematically expanding the deposit and delivering value for our shareholders.”

“As we continue to build value through definition drilling, we have also entered the initial phase of exploration on a large new target, with a scale that extends well beyond that of Leviathan itself. This new target, referred to as the “Donut” Anomaly, reveals a strong conductivity signature that spans more than three times the width of Leviathan, underscoring the district-scale potential of this new and emerging porphyry copper belt in the United States.”

Definition drilling is beginning to demonstrate continuity in the Footwall Zone, both along strike and to depth. Continuous mineralization may potentially extend for upwards of 1 km in the Footwall Zone, following completion of the 2025 drill campaign (Figure 1). Drill holes 25-14, -18, and -21 are designed to test this continuity trend, the first of which is in progress and the latter two are now pre-collared. Footwall mineralization remains open to the south.

Mineralization also remains open in the Hanging Wall Zone, south of 2024 drill hole 24-19, where the coincident Leviathan MT anomaly increases in both scale and magnitude toward the Southern Flats area. Drill hole 25-16 is currently testing for a southern extension of the Leviathan porphyry into Southern Flats, whereas drill holes 25-22 and 25-23 are designed to evaluate whether the stronger, 3-km-wide bullseye MT feature (the “Donut Anomaly”) may represent a second and separate porphyry centre. Given the sheer scale of the new MT target, drill testing will continue until one or more complete fences have been established across the entire anomaly. Figures 2 and 3 provide cross-sectional and long-sectional views of drill holes 25-22 (in-progress) and 25-23 (pre-collared), representing the first two (2) holes of a planned three (3)-hole fence, testing diagonally across the anomaly.


Figure 1: Drill plan showing completed, in progress, and pre-collared drill holes, relative to MT conductivity 800m below surface. Hotter colours are more conductive.



Figure 2: Northwest-facing cross section through MT resistivity model. Planned target depths are shown for drill holes 25-22 and 25-23, which are currently pre-collared to 450 m and 400 m respectively. Hotter colours are more conductive.



Figure 3: Southwest-facing long section through MT resistivity model. Outline of Leviathan porphyry in white. The new Donut Anomaly shows a similar pattern of a moderately conductive core surrounded by highly conductive alteration. Planned target depths are shown for drill holes 25-22 and 25-23.

Drilling Contractors
RC drilling has been successfully completed for the season, with three remaining pre-collared holes still to be advanced with core drilling. Hercules extends its appreciation to Alford Drilling.

Dorado Drilling USA has delivered outstanding performance this season, completing deep holes on schedule and to specification, achieving production targets and meaningful cost savings for the Company. Building on this success, a third Dorado rig has been mobilized to site to further enhance productivity through the remainder of the campaign. The contract with Scout Drilling has been concluded, and the three most efficient Dorado core rigs will remain active, to maintain a strong and consistent production, through to the end of season.
Qualified Person

The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

For further information please contact:

Chris Paul
CEO & Director
Telephone: +1 (604) 670-5527
Email: chris@herculesmetals.com

Greg DiTomaso
Investor Relations
Telephone: +1 (647) 243-4074
Email: gditomaso@herculesmetals.com

Dillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.com

About Hercules Metals Corp.

Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FRA: C0X) is an exploration Company focused on developing America’s newest porphyry copper district, in Idaho.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation.

With the potential for significant scale, the Company’s management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company’s expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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Weekly Chart

Hercules Metals Closes C$17 Million Financing

Toronto, Ontario – (August 14, 2025) – Hercules Metals Corp. (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) (“Hercules Metals” or the “Company”) is pleased to announce that it has closed its previously announced brokered private placement, which was fully subscribed and included the exercise in full of the Agents’ option, pursuant to which the Company sold 24,644,500 common shares in the capital of the Company (the “Shares”) at a price of C$0.70 per Share, for aggregate gross proceeds to the Company of C$17,251,150 (the “Offering”). The Offering was conducted on a “best efforts” agency basis, with Canaccord Genuity Corp. (“Canaccord Genuity”) and BMO Capital Markets (collectively with Canaccord Genuity, the “Co-Lead Agents”), as co-lead agents and co-lead bookrunners, and First Nations Financial Markets Limited Partnership (collectively with the Co-Lead Agents, the “Agents”).

The Shares were offered for sale by way of private placement pursuant to the listed issuer financing exemption under section 5A.2 of National Instrument 45-106 – Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”) in each of the Provinces of Canada (other than the Province of Quebec), and in the United States pursuant to exemptions from the registration requirements of the U.S. Securities Act, and in certain other jurisdictions outside of Canada and the United States pursuant to available prospectus or registration exemptions in accordance with applicable laws. The Shares issued under the Listed Issuer Financing Exemption will not be subject to a statutory hold period pursuant to applicable Canadian securities laws (except to the extent that the TSX Venture Exchange’s four-month hold period applies).

In consideration for their services, the Agents received a cash commission (the “Agents’ Commission”) equal to 6.0% of the gross proceeds of the Offering, other than from the sale to certain purchasers on a “president’s list” for which a 3.0% Agents’ Commission was paid to the Agents.

A director of the Company participated in the Offering. The participation of the Company’s director in the Offering constitutes a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). This transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be distributed nor the consideration to be received for the securities issued to such related party under the Offering will exceed 25% of the Company’s market capitalization. The Company’s director subscribed for 71,400 Shares for aggregate gross proceeds of C$49,980.

The Company intends to use the net proceeds of the Offering for exploration and development of its 100% owned Hercules property in western Idaho (the “Hercules Property”), and for general working capital purposes.

There is an offering document relating to the Offering and the use by the Company of the Listed Issuer Financing Exemption that can be accessed under the Company’s profile at www.sedarplus.ca and at https://www.herculesmetals.com/. Final acceptance by the TSX Venture Exchange of the Offering is subject to the completion of customary post-closing filings.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
For further information please contact:

Chris Paul
CEO & Director
Telephone: +1 (604) 670-5527
Email: chris@herculesmetals.com

Greg DiTomaso
Investor Relations
Telephone: +1 (647) 243-4074
Email: gditomaso@herculesmetals.com

About Hercules Metals Corp.

Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company focused on developing America’s newest porphyry copper district, in Idaho.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation.

With the potential for significant scale, the Company’s management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

Caution Regarding Forward-Looking Statements

This news release contains certain information that may be deemed “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking information contained in this news release may include, without limitation, statements regarding the proposed use of proceeds of the Offering, the final acceptance of the Offering by the TSX Venture Exchange, and the execution of future exploration programs on the Hercules Property.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate; future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work; risks associated with the interpretation of data; the geology, grade and continuity of mineral deposits; the possibility that results will not be consistent with the Company’s expectations; as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Daily Chart

Hercules Metals Announces C$15 Million Financing

Toronto, Ontario – (July 28, 2025) – Hercules Metals Corp. (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) (“Hercules Metals” or the “Company”) is pleased to announce it has entered into an agreement with Canaccord Genuity Corp. (“Canaccord Genuity”) and BMO Capital Markets (collectively with Canaccord Genuity, the “Co-Lead Agents”), as co-lead agents and co-lead bookrunners, and on behalf of a syndicate of agents to be named (collectively with the Co-Lead Agents, the “Agents”), pursuant to which the Agents will offer for sale up to 21,430,000 common shares in the capital of the Company (the “Shares”) at a price of C$0.70 per Share (the “Offering Price”), on a brokered private placement “best efforts” agency basis, for aggregate gross proceeds to the Company of up to C$15,001,000 (the “Offering”). The Company has also granted the Agents an option exercisable at any time up to the closing of the Offering, to offer for sale up to an additional 3,214,500 Shares at the Offering Price, for additional gross proceeds of up to C$2,250,150.

The Shares will be offered for sale by way of private placement pursuant to the listed issuer financing exemption under section 5A.2 of National Instrument 45-106 – Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”) in each of the Provinces of Canada (other than the Province of Quebec), and in the United States pursuant to exemptions from the registration requirements of the U.S. Securities Act, and in those other jurisdictions outside of Canada and the United States provided that no prospectus, registration statement or similar document is required to be filed or no ongoing reporting requirement or requisite regulatory or governmental approval arises in such other jurisdictions. The Shares issued under the Listed Issuer Financing Exemption will not be subject to a statutory hold period pursuant to applicable Canadian securities laws.

The Company intends to use the net proceeds of the Offering for exploration and development of its 100% owned Hercules property in western Idaho (the “Hercules Property”), and for general working capital purposes.

The Offering is scheduled to close on or about August 14, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.

There is an offering document relating to the Offering and the use by the Company of the Listed Issuer Financing Exemption that can be accessed under the Company’s profile at www.sedarplus.ca and at https://www.herculesmetals.com/. Prospective investors should read this offering document before making an investment decision.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
About Hercules Metals Corp.

Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company focused on developing America’s newest porphyry copper district, in Idaho.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation.

With the potential for significant scale, the Company’s management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

For further information please contact:

Chris Paul
CEO & Director
Telephone: +1 (604) 670-5527
Email: chris@herculesmetals.com

Greg DiTomaso
Investor Relations
Telephone: +1 (647) 243-4074
Email: gditomaso@herculesmetals.com

Caution Regarding Forward-Looking Statements

This news release contains certain information that may be deemed “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking information contained in this news release may include, without limitation, statements regarding anticipated completion of the Offering, the proposed use of proceeds of the Offering, the expected TSXV approval of the Offering, and the execution of future exploration programs on the Hercules Property.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate; future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work; risks associated with the interpretation of data; the geology, grade and continuity of mineral deposits; the possibility that results will not be consistent with the Company’s expectations; as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Weekly Chart

Hercules Metals Enters into Strategic Agreement with Barrick to Consolidate 73-Kilometre Claim Belt Around its Leviathan Copper Discovery in Idaho

Transformative agreement to secure control of America’s newest porphyry copper district

Barrick increases its equity stake in the Company and positions Hercules to advance a district-scale exploration strategy moving forward.

Agreement grants Hercules an option to acquire the 73-kilometre “Olympus” claim belt, extending in both directions from its Leviathan porphyry copper discovery.

Expands the Company’s total land position from 26,000 acres to over 100,000 acres.

Toronto, Ontario / July 28, 2025 – Hercules Metals Corp. (“Hercules” or the “Company”) (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to announce that Hercules and its wholly-owned U.S. subsidiary, Anglo-Bomarc, U.S., Inc. (“Anglo”) have entered into a strategic option agreement (the “Agreement”) with Barrick Gold Exploration Inc. (“BGE”), a wholly-owned U.S. subsidiary of Barrick Mining Corporation (NYSE: B) (TSX: ABX) (“Barrick”) to lead a consolidated district-scale exploration strategy and earn a 100% interest (the “Option”) in over 74,000 acres of unpatented mining claims (the “Olympus Claims”) surrounding the Company’s Hercules property and the flagship Leviathan porphyry discovery in western Idaho (the “Property”). In exchange, Barrick will increase its equity position in the Company.

Chris Paul, CEO and Director of Hercules Metals, commented, “Consolidating the 73-kilometre Olympus copper belt represents a once-in-a-lifetime opportunity for Hercules shareholders and signifies a strong endorsement of our team’s execution and vision. We are honoured by Barrick’s confidence as we advance Leviathan alongside a greatly expanded district-scale exploration strategy moving forward.”

“The Leviathan system hosts evidence of a rare and exceptional copper-silver enrichment event which formed during a regional tectonic episode that potentially affected the entire Olympus belt of claims, making it one of the largest and most compelling new copper projects in the United States today.”

Mr. Paul concluded, “This transaction comes at a time of major change for mining in the United States, with significant tailwinds in the form of streamlined federal permitting and a potential 50% tariff on foreign copper. The impacts of this, alongside rising prices and declining reserves in the U.S., positions Hercules to deliver exceptional value for our shareholders moving forward.”

Overview of the Transaction

The Option, if exercised, will increase the Company’s original 26,000-acre land position to over 100,000 acres and establish Hercules as a controlling claim holder in one of the most prospective new porphyry copper belts in the United States (Figures 1 and 2). The Olympus Claims package encompasses numerous porphyry targets along trend from the Leviathan system, enabling Hercules to deploy its proprietary strategy of specialized mapping and deep-penetrating geophysics to rapidly identify additional porphyry targets for drill testing.

Pursuant to the Agreement, Hercules will make staged payments, either through issuance of common shares in its capital (the “Shares”), or cash, at its election (the “Option Payments”), to BGE or its designee totaling C$8 million, over three years. On exercise of the Agreement, Anglo will grant BGE a net smelter return royalty (the “NSR Royalty”) of 1% on the Olympus Claims, which can be bought back and reduced to 0.25%.

Figure 1: The Hercules Copper Belt claim map, before acquisition of the Olympus Claims.


Figure 2: The Hercules Copper Belt claim map, with the acquisition of the Olympus Claims.

Terms of the Agreement

Pursuant to the terms and subject to the conditions of the Agreement, the Company has the Option to earn a 100% interest in the Olympus Claims, subject to the NSR Royalty, by issuing Shares to BGE or its designee according to the following schedule:

Payment Date Option Payments (VWAP C$)*
Upfront within 5 days of receipt ofTSXV Approval $2,000,000
Unless Hercules terminates the option in advance of an anniversary, Hercules will issue:
First Anniversary $2,000,000
Second Anniversary $2,000,000
Third Anniversary $2,000,000

TOTAL $8,000,000
*The Option Payments issuable pursuant to the Agreement will be: (i) for the first payment, equal to the greater of the 5-day volume weighted average price (“VWAP”) of the Shares on the TSX Venture Exchange (the “TSXV”) prior to the issuance, and the price reflecting the maximum permitted discount for the Shares under the rules of the TSXV; and (ii) for the remaining Option Payments, equal to the greater of the 10-day VWAP of the Shares on the TSXV prior to each issuance, and the price reflecting the maximum permitted discount for the Shares under the rules of the TSXV.

During the term of the Agreement, the Company may elect to deliver cash payments to BGE, in lieu of share issuances, for the Option Payments. In addition, the Company has the right to accelerate its exercise of the option by making all of the Option Payments at any time.

During the term of the Agreement, the Company shall reimburse BGE for dollar amounts required by the United States Bureau of Land Management and recorders for the counties in which the Olympus Claims are located, to maintain the claims in good standing and record annual notices of intent to hold, for each relevant assessment year.

On exercise of the Agreement, Anglo will also grant BGE a 1% NSR from the sale of all mineral products on the Olympus Claims, of which ¾ (0.75% NSR) can be repurchased for a one-time lump sum payment of US$7.5 million to BGE, reducing the overall NSR to 0.25%.

Hercules will not issue any shares to BGE or its designee which would result in Barrick or its affiliates owning more than 19.9% of the Company’s outstanding securities, including convertible securities. If any share issuance would exceed this threshold, Hercules will instead pay BGE or its designee a cash amount equal to the value of the excess shares.

Any Common Shares issued under the Option Agreement will be subject to a four month and one day hold period in accordance with applicable securities laws. The Agreement remains subject to acceptance of the TSXV. No finder fee is payable in connection with the Agreement.

MI 61-101 – Related Party Transaction

At the time the Agreement was agreed to, Barrick Mining Corporation owned 33,556,870 Common Shares, representing 12.82% of the voting rights attached to the issued and outstanding Shares and accordingly the Agreement and related issuances of Shares to Barrick or its affiliates thereunder constitutes a “related party transaction” as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The related party transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 based on the fact that the fair market value of the Common Shares to be issued pursuant to the Agreement does not exceed 25% of the Company’s market capitalization, as calculated in accordance with MI 61-101. The Agreement is not subject to disinterested shareholder approval.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Hercules Metals Corp.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company focused on developing America’s newest porphyry copper district, in Idaho.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corporation.

With the potential for significant scale, the Company’s management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

For further information please contact:

Chris Paul
CEO & Director
Telephone: +1 (604) 670-5527
Email: chris@herculesmetals.com

Greg DiTomaso
Investor Relations
Telephone: +1 (647) 243-4074
Email: gditomaso@herculesmetals.com

Dillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company’s expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

https://mailchi.mp/f8b0a46853e6/hercules-metals-provides-exploration-update-18120570?e=b3ebb7f7bf

Weekly Chart

Hercules Metals Provides Positive Update
on its 2025 Drilling Campaign

2025 drilling validating new 3D geological model; more drill rigs added to the property

Toronto, Ontario / June 23, 2025 – Hercules Metals Corp. (“Hercules” or the “Company”) (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to provide an update on drilling from its 2025 field season at its Hercules Property in western Idaho (the “Property”). The Company reports that initial drill holes from the 2025 drilling campaign are validating the breakthrough 3D geological model announced in April 2025, and as a result, the Company has elected to ramp up production from three (3) to five (5) drill rigs.

Highlights

Two drill holes, (25-02 and 25-03), have been completed, and five are currently in progress (25-04, 25-05, 25-06, 25-07, and 25-08). 25-03 tested a gap in the block model, at a favourable orientation to cross-cut the mineralization, while 25-02 completed a 220-metre step-out to the northeast of 24-12. So far, over 3,000 metres have been drilled in 2025.

Importantly, northwest-oriented drilling is validating the 3D geological model developed by the technical team over the winter – now defining a shell of copper-molybdenum (“Cu-Mo”) mineralization around a central porphyry intrusion (the “Leviathan Target”).

Five drill rigs (four core and one Reverse Circulation (“RC”)) are now testing the system across 2.2 kilometres of strike. This increase, from three drill rigs at the outset of the 2025 campaign, accelerates production and reduces the all-in cost per metre.

RC pre-collars are now being used to efficiently advance through the cover sequence. Shortly after securing the RC contract early in the season, the Company elected to halt core drilling of hole 25-01 and reinitiate drilling with the RC rig on an adjacent pad (25-07), improving overall efficiency.

Approximately 1.3 kilometres of known strike are now being better defined, with a renewed focus on the dominant structural control identified in the Cu-Mo block model, highlighting strong grade potential around the contacts of the porphyry intrusion.

A series of step-out drill holes are also targeting along strike extensions, where chargeability and magnetic data highlight compelling growth potential under cover (Figures 2 and 3).

Ongoing targeting continues to support potential for additional, untested porphyry centres beneath both the Eastern Block and Western Deeps zones. The Eastern Block is defined by several kilometres of anomalous soil and rock chip geochemistry, while the Western Deeps hosts a parallel chargeability high that exceeds Leviathan’s anomaly in both size and amplitude (Figures 2 and 4).

Chris Paul, CEO and Director of Hercules Metals, commented, “Our 2025 campaign is off to an encouraging start. Initial drilling intercepts have demonstrated enough consistency with the geological model to confidently ramp up to five drill rigs and accelerate the program.

“We commenced the program with a series of high-priority holes, aimed northwest, testing a newly developed southeast-dipping structural model. As predicted by the model, holes have now intersected a shell of copper and molybdenum mineralization surrounding a central porphyry intrusion, bracketed on either side by a classic porphyry-style pyrite halo. Early indications also show a general trend of increasing grade around the porphyry’s contacts – a structural control which remains largely untested by previous drilling.

“We are now fully focused on rapidly delineating the full extent of the system and concurrently testing for higher-grade controls. Our objective is to better define true thickness along approximately 1.3 kilometres of known strike at Leviathan, while extending the system along trend where anomalous chargeability and magnetic data continue.”

Mr. Paul concluded, “I want to commend our technical team for an outstanding geological model developed over the winter, and their cost-effective management of the ongoing drill program. In a short period of time, they’ve significantly improved both targeting accuracy and overall drilling productivity. We have a substantial amount of drilling still ahead of us, and I look forward to providing further updates as the season progresses.”


Figure 1: 2025 drilling at the Leviathan Target, showing holes completed, in progress, and planned, relative to the footwall and hanging wall targets on either side of the central Leviathan Porphyry.


Figure 2: Chargeability – 2025 drilling at the Leviathan Target, relative to chargeability 450m below surface. The geophysical pattern is consistent with a classical porphyry copper system, with a low chargeability core flanked by a high chargeability halo. In this case, chargeability extends into the untested Grade Creek and Southern Flats zones, while a secondary target, the Western Deeps, lies buried beneath a down dropped fault block to the west.


Figure 3: Drone Magnetics – 2025 drilling at the Leviathan Target, relative to total magnetic intensity. Similar to chargeability, magnetic data suggests continuity northeast into the untested Grade Creek Zone and beyond. In the south, magnetic intensity increases before encountering post mineral basalt which conceal the magnetic signature beneath Southern Flats. Chargeability data however suggests potential for continuity in both directions.


Figure 4: Surface Geochemistry - 2025 drilling at the Leviathan Target relative to an exposed part of the system with strong soil and rock chip geochemistry in the Eastern Block Zone. Shown in white are a series of conceptual drill holes, subject to modification, that will test for a parallel centre beneath Eastern Block.

Qualified Person
The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Hercules Metals Corp.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company focused on developing America’s newest porphyry copper district, in Idaho.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by a strategic investment from Barrick Mining Corp.

With the potential for significant scale, the Company’s management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

For further information please contact:

Chris Paul
CEO & Director
Telephone: +1 (604) 670-5527
Email: chris@herculesmetals.com

Dillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company’s expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

https://mailchi.mp/9c64380bf3e3/hercules-metals-provides-exploration-update-18119897?e=b3ebb7f7bf

Weekly Chart

Independent Study Finds Evidence of Hypogene Enrichment at Hercules, Outlining Greater Scale and Grade Potential

Toronto, Ontario / May 5, 2025 – Hercules Metals Corp. (“Hercules” or the “Company”) (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to announce the results of an independent study, focused on the high-grade enrichment zone at the Company’s Hercules Property in western Idaho (“Hercules” or the “Property”). The study, authored by independent consultant Jamie Wilkinson[1] (the “Wilkinson Report”), presents evidence that Leviathan’s shallow enrichment zone formed through a hypogene process known as “telescoping”, in which epithermal fluids overprinted and upgraded earlier porphyry mineralization. Unlike supergene enrichment, which is limited to narrow blankets of near-surface weathering, telescoping implies significantly greater scale and grade potential. The upcoming drill campaign will therefore focus on targeting the shallower levels of the system, where the porphyry and epithermal systems are believed to overlap.

Highlights

Telescoping of hypogene enrichment, occurs when a porphyry system is rapidly uplifted into a shallower high-sulfidation epithermal environment.
Microscopic examination of Leviathan’s enrichment zone reveals an assemblage of bornite-chalcocite-digenite-covellite-pyrite, with strong quartz-muscovite and trace advanced argillic alteration, consistent with a high-sulfidation epithermal upgrade (hypogene enrichment).
Vectoring towards thicker zones of hypogene enrichment requires a clear understanding of the structural evolution. While rapid uplift can enhance enrichment, it also heightens the risk of erosion. Preservation is highest where enrichment zones become quickly down-dropped and buried after their formation.
The Leviathan district was tilted and potentially down-dropped to the north-northwest, suggesting potential for enhanced preservation under cover in that direction.
The 2025 drill campaign is designed to test the newly developed geological model (outlined in a recent press release) which highlights potential for southeast dipping feeder structures, along which the enrichment may root far deeper than previously appreciated.

Despite being truncated by a supergene leach cap, no significant supergene enrichment is apparent.
Intense phyllic alteration and near-complete feldspar destruction, supressed formation of a supergene enrichment blanket beneath the leach cap. However, the presence of native copper in the leach cap of two adjacent drill holes offers a compelling vector for a potential exotic copper deposit.

Chris Paul, CEO and Director of the Company, commented, “Jamie’s report provides us with important insight into the origin and preservation of high-grade hypogene enrichment, significantly influencing our exploration strategy moving forward. Combined with input from the new 3D geological model, and the acquisition of a strategic mineral lease in areas of enhanced preservation potential, we’re now able to start directly testing for zones of thicker hypogene enrichment.”

Addressing the Origin of the Enrichment Zone

The Wilkinson Report was aimed at addressing whether the high-grade enrichment at Leviathan was the product of weathering (supergene) or a hydrothermal overprint (hypogene). The planar upper contact of the enrichment zone led to some speculation that it was a supergene enrichment blanket, created by erosion and leaching from above. However, new insight provided by the Wilkinson Report demonstrates strong evidence that the unconformity and leach cap crosscut, but do not upgrade, a pre-existing hypogene enrichment zone.

Although not conclusively identified, negligible volumes of potential supergene copper may occur within the high-sulfidation enrichment zone. However, the potential contribution of any unidentified supergene copper within the enrichment zone would be trivial, if anything.

The leach capping above, however, does contain supergene native copper in two drill holes, which may instead point to the potential for a distal exotic copper deposit.

Rethinking Scale

New 3D geological and structural modeling highlights a pronounced southeast dip to the system, encompassing the hypogene enrichment zone. Earlier drilling was based on a shallow, gently dipping blanket model; however, the enrichment is now interpreted to extend significantly deeper along southeast-dipping feeder structures. The upcoming northwest-oriented fence drilling campaign is specifically designed to test this revised model and evaluate the true vertical extent of enrichment along these newly defined structural controls.

Preservation Windows and Untested Potential

Approximately 1.6 km of Leviathan’s 4-km-long chargeability anomaly has been tested by drilling, within which, the enrichment zone has undergone leaching and erosion. However, new mapping and oriented core drilling has lead to a geological and structural model that highlights areas with greater preservation potential including:

Broad areas to the north and northwest, where tilting and rotation may have preserved progressively shallower Triassic geology under post-mineral cover.
Northwest of the BNA Fault, where the Western Deeps chargeability anomaly is interpreted to be down-dropped by several hundred meters. Depending how quickly the Western Deeps was down-dropped, buried and preserved, there may be much thicker zones of enrichment preserved. The Resolution Copper project in Arizona[2], represents an analogue to this structural/deposit model.

Resolution as a Potential Analogue

Figures 1 and 2 present northwest facing cross-sections of the geology and alteration at Resolution, from Hehnke et al. The Resolution porphyry system is interpreted to have undergone rapid uplift during formation, which resulted in substantial telescoping of its alteration and mineralization, including a late-stage high-sulfidation enrichment overprint, represented by the blue zone of “advanced argillic” alteration on Figure 2.

As uplift continued, the shallow part of the system, above the 1% Cu shell, was eroded, and imposed a leach cap, represented by the orange “supergene” alteration zone on Figure 2. However, prior to erosion of the 1% Cu shell, local tectonics reversed course quickly and down-dropped the deposit into a structural graben, burying it with over 1km of “Whitetail Conglomerate” and other post-mineral cover rocks (Figure 1). Although the deposit is now situated beneath 1.5 km of post-mineral cover, that rapid down-drop and burial is ultimately what preserved the high-grade part of the system from erosion. Post-mineral tilting has also since rotated the deposit approximately 25 degrees to the northeast as indicated by the basal contact of the Whitetail Conglomerate.

Another interesting analogue of note is that Resolution lacks any significant supergene enrichment.
Figure 1: Geological section through the Resolution copper deposit looking northwest[3].
Figure 2: Alteration section through the Resolution copper deposit looking northwest.
Figure 3: Figure extracted from the Wilkinson Report comparing automated SEM scans of intense quartz-muscovite alteration with disseminated bornite-chalcopyrite in the enrichment zone at Leviathan to a similar style of alteration and mineralization at the Resolution copper project in Arizona2.
Figure 4: District scale map, with dark shading over areas of post-mineral cover, indicating broad areas of increasing enrichment potential to the north and northwest.

Potential for Exotic Copper

The 1.6 km portion of the enrichment zone which has been tested so far at Leviathan shows effects of supergene leaching, without any immediate evidence for supergene enrichment below. The likely reason for this is destruction of the host rocks acid buffering capacity by the telescoped alteration. The Wilkinson report notes that extreme phyllic alteration at Leviathan resulted in near complete destruction of feldspars, which are a typical “trap” needed to re-precipitate copper in a supergene blanket. However, the absence of supergene copper in an underlying blanket, signals potential for the alternative method of supergene enrichment – a distal “exotic copper deposit” – which may occur at greater distances if a suitable chemical trap was encountered.

Highly acidic groundwater is interpreted to have transported copper, weathered and leached from the enrichment zone, downslope along a paleo groundwater flow path. It is yet to be determined which direction was downslope in a paleo-topographical setting, however modelling of the unconformity in 3D continues to reveal insights to the ~200-million-year (Ma) paleo-topography.

Tentatively, downslope is inferred to be the same direction as tilting, to the north-northwest. Possible evidence for this occurs in two drill holes, 24-08 and 24-11, situated to the north-northwest, each of which encountered supergene native copper in the leach cap. The metallic copper occurs along late carbonate veins that appear to have provided a suitable chemical trap to react with the acidic groundwater and re-precipitate the copper leached by weathering from the enrichment zone nearby. These may represent points along a potential paleo groundwater flow path, from leach cap to distal exotic copper deposit, if a larger chemical trap, such as an entire host rock composed of carbonate, rather than just small veins of it, was encountered along the groundwater flow path.
Figure 5: Supergene native copper in drill holes 24-08 and 24-12. Note the association with late carbonate veins (white), which appear to be near-completely replaced by metallic copper. Core is 3.3” diameter PQ.

Evidence for Hypogene Enrichment

The following lists the important geological factors that support the conclusion of a hypogene origin to the bornite-chalcocite dominated enrichment zone at Leviathan. Many features were observed under either petrographic microscope or automated SEM.

Thin sections show bornite intergrown with pyrite – a hallmark of high-sulfidation mineralization. Minor covellite, a typical high-sulfidation copper mineral, occurs as well.
Bornite contributes the majority of grade to the enrichment zone and significant quantities are only known to form in high temperature conditions. No significant resources of supergene bornite are known to exist globally. Under supergene conditions, bornite is only hypothetically stable in a very small theoretical stability field, illustrated by the red field in Figure 6, extracted from the Wilkinson Report.

Figure 6: Eh-pH Phase diagram extracted from the Wilkinson Report, showing the very small theoretical stability field of bornite in supergene conditions (red), within a larger stability field of chalcocite under similar conditions.

Under the microscope, bornite shows complex intergrowth with chalcocite, often as exsolution lamellae, which form during cooling through high temperatures.
Chalcocite coatings over chalcopyrite and pyrite – a hallmark of supergene enrichment – are not observed at Leviathan.
Chalcocite often occurs in veins at Leviathan, exhibiting a steel gray metallic lustre, characteristic of its hypogene habit. Supergene chalcocite, on the other hand, is a sooty black colour, with an earthy lustre, which remains to be seen at Leviathan.
SWIR analysis of drill core shows a strong correlation of hydrothermal muscovite within the enrichment zone, indicative of hypogene alteration.
Advanced argillic alteration, characteristic of high sulfidation epithermal systems, is identified both visually and by SWIR spectroscopy, albeit in relatively minor amounts. Pyrophyllite, a common advanced argillic mineral, is identified by SWIR in a number of drill holes. It occurs in narrow zones, consistent with potential telescoping along southeast dipping feeder structures. The Wilkinson Report tentatively identifies another possible advanced argillic mineral, dumortierite, in a number of samples. Although convincing, its definitive identification requires XRD confirmation.

The enrichment shows evidence of a hydrothermal zoning pattern. Mineralization transitions upward from a deep pyrite-chalcopyrite (intermediate sulfidation) assemblage, into a chalcopyrite dominant assemblage, and finally into a high-sulfidation bornite-chalcocite-covellite-digenite-pyrite assemblage at the shallowest depths. With the exception of drill hole 24-12, copper grades increase upward until truncating sharply at the leach cap, consistent with partial erosion and leaching of a hypogene enrichment zone, but inconsistent with a typical supergene enrichment profile.

Typical supergene enrichment zonation consists of a leach cap separated from an enrichment blanket by a transitional zone dominated by copper oxides/carbonates/sulfates (i.e. malachite, etc.) – a feature that has not been observed in drilling at Leviathan.
A lack of significant pyrite, or weathering products of pyrite, within both the leach cap and enrichment zone, suggest an overall low acid generating capacity, which is typically required to generate significant supergene enrichment.

[1] Wilkinson, J. 2025. Final Report on the Hercules Project Based on Site Visit, Petrographic Observations, Geochemistry and SWIR Alteration Logs. By Jamie Wilkinson. JJW Geoconsultants Ltd.

[2] This press release contains information about the Resolution Copper project in Arizona, owned by BHP (45%) and Rio Tinto (55%), which Hercules has no right to explore or mine. Readers are cautioned that mineral deposits at the Resolution Copper project are not indicative of mineral deposits on the Hercules Property. The geological comparison is for conceptual targeting only.

[3]Hehnke, C., Ballantyne, G., Martin, H., Hart, W., Schwarz, A, and Stein, H. 2012. Geology and Exploration Progress at the Resolution Porphyry Cu-Mo Deposit, Arizona. Society of Economic Geologists, Inc. Special Publication 16, pp. 147–166

Qualified Person

The scientific and technical information in this news release has been reviewed and approved for disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Hercules Metals Corp.

Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company focused on developing Idaho’s newest copper and silver district.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by extensive historical and current exploration and a strategic investment by Barrick Gold.

With the potential for significant scale, the Company’s management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

For further information please contact:

Nisha Hasan
Investor Relations
Telephone: +1 (604) 425-1408
Email: nisha@herculesmetals.com

Chris Paul
CEO & Director
Telephone: +1 (604) 670-5527
Email: chris@herculesmetals.com

Dillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: dhume@herculesmetals.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected execution of future exploration programs on the Property; assay results of future drill holes; results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company’s expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

https://mailchi.mp/fdcbc4e67f5e/hercules-metals-provides-exploration-update-18118844?e=b3ebb7f7bf

Weekly Chart

New Presentation on home page .
https://www.herculesmetals.com/

Poop

GAME OVER

BIG.v looking like value will be recognized . Great investment shaping up .

Hercules Silver Announces Name Change to Hercules Metals

Toronto, Ontario--(Newsfile Corp. - June 25, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to announce that further to its press release on June 17, 2024, effective June 28, 2024, the Corporation has changed its name from Hercules Silver Corp. to "Hercules Metals Corp." (the "Name Change"). The stock symbol on the TSX Venture Exchange (the "TSXV") will not be changed and will remain trading under "BIG". Effective market open on June 28, 2024, the Company will begin trading under its new name, reflecting its diversified metals portfolio, including the newly discovered porphyry copper target at the Hercules Project in Idaho.

Also, at the annual and special meeting of shareholders held on June 17, 2024, the Corporation's shareholders also confirmed and approved an amendment to By-Law No. 1 of the Corporation as approved by the board of directors of the Corporation and as set forth in the management information circular of the Corporation dated May 6, 2024 to, among other things, remove reference to a 6 months provision in section 9.01 of the By-Law No. 1. The full text of the amendment of By-Law No. 1 will be available on SEDAR+ under Hercules' profile at www.sedarplus.ca. The TSXV has also conditionally approved the amendment of By-Law No. 1.

No action will be required by existing shareholders with respect to the Name Change. Certificates representing common shares of the Company will not be affected by the Name Change and will not need to be exchanged. The Company encourages any shareholder with any questions or concerns to contact the Company or to discuss any of the foregoing with their broker or agent.

The Company also announces that it has granted 200,000 incentive stock options (the "Options") to an employee, with an effective date of June 24, 2024. The Options will vest in four equal tranches over 24 months from the grant date of June 24, 2024. The Options are exercisable for a period of 5 years have an exercise price of $0.60 per common share. The Options were granted pursuant to the Company's omnibus incentive plan approved by shareholders.

About Hercules Silver Corp.

Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) is an exploration Company focused on developing Idaho's newest copper and silver district.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by extensive historical and current exploration and a strategic investment by Barrick Gold.

With the potential for significant scale, the Company's management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.

For further information please contact:

Nisha Hasan
Investor Relations
Telephone +1 (604) 425-1408
Email: nisha@herculessilver.com

Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: chris@herculessilver.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. Any securities referred to herein have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws of an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expected completion of the name change; expected execution of future exploration programs on the Property; results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF HERCULES SILVER AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES SILVER MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

https://herculessilver.com/news-release/?qmodStoryID=8817881422256361

Weekly Chart

A poster at stockhouse.ca . Has some experience and doesn't pump , Retiredgeo .

https://stockhouse.com/companies/bullboard/v.big/hercules-silver-corp?postid=36008788

Hercules Silver Showcases 2023 Deep-Seeking Geophysics in Advance of 2024 Drilling

Tue, Apr 9, 2024

Toronto, Ontario--(Newsfile Corp. - April 9, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7)("Hercules Silver" or the "Company") is pleased to showcase the results of its 2023 deep-seeking 3D induced polarization ("IP"), direct current resistivity and drone magnetic geophysics over the area to be drill tested in 2024, revealing multiple prospective targets, coincident with the direction of increasing copper porphyry grades seen in the initial 2023 deep discovery holes drilled at its Hercules Property in western Idaho ("Hercules" or the "Property").

Highlights

Conductivity anomaly below historical mining at the Belmont Zone.

High grade cores of porphyry copper systems can often have highly conductive copper sulfide vein networks, making Belmont a potential target for a high grade core at depth.

High grade chalcocite, typical of the porphyry enrichment blanket, was recently found on historical waste dumps at Belmont, indicating 1870's mine tunnels may have reached the top of the porphyry system.

Kilometers of prospective chargeability from Belmont to Grade Creek.

The high-grade core of a porphyry will typically have ~1-3% copper sulfide with moderate chargeability values, surrounded by a highly chargeable halo of up to 10% disseminated pyrite.

Moderate chargeability anomaly near surface at the Big Cut Skarn provides an additional satellite drill target.

3D magnetic inversion reveals magnetic highs potentially associated with a potassic core.

Soil sampling, mapping, and prospecting planned to cover extensions of newly identified geophysical targets.

Preparations underway for commencement of the 2024 drill program. The Company plans to provide updates once mobilization of drill rigs begins.

Chris Paul, CEO and Director of the Company, noted: "We're pleased to showcase the much-anticipated results of our 2023 deep-seeking geophysics in advance of the upcoming drill campaign. We now recognize that the initial 2022 IP survey covered just a small portion of a much larger system which shows the potential for multiple porphyry centers. We see patterns in the magnetics, conductivity, and chargeability that are consistent with typical zoning of a large porphyry system, including a magnetic and conductive core surrounded by a strong chargeability halo. In 2023, we found the copper grades to be increasing towards what we now see as the most prospective targets on the Property. We're excited to test these new high priority targets for the first time, as we expand our search for the potential high-grade core."

https://finance.yahoo.com/news/hercules-silver-showcases-2023-deep-110000536.html

Drilling should start shortly . 3D IP shows lots of promise . video's on Youtube . Lots of news on web site .

You can lead a horse to water . Best of luck .

Hercules Silver Reports Broad Intervals of Silver Including 112.2 Meters of 193 g/t Ag, 0.2% Pb, 0.4% Zn at the Hercules Adit and Belmont Zones
Newsfile Corp.
Wed, Feb 28, 2024

Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") is pleased to report strong silver-lead-zinc results from shallow holes drilled into the Upper Plate above the new Leviathan porphyry copper discovery at its Hercules Silver Property located in western Idaho ("Hercules" or the "Property").

These results showcase the presence of a significant silver system above and potentially related to the Leviathan porphyry copper discovery. Grade and continuity are seen to increase to the northwest, toward the Hercules Adit Zone, in a similar pattern to the underlying porphyry copper system.

HER-23-17 extended the high-grade Hercules Adit footwall shoot down plunge, with 11.3 Meters of 1,660 g/t Ag, 0.7% Pb, 1.75% Zn, one of the best silver intercepts on the Property, within an overall 112.2 Meters of 193 g/t Ag, 0.2% Pb, 0.4% Zn.

HER-23-19 intersected a potentially new mineralized shoot at the hanging wall contact of the Hercules Adit Zone, returning 15.3 Meters of 359 g/t Ag, 0.4% Pb, 0.4% Zn.

HER-23-13 intersected 100.1 Meters of 64 g/t Ag, 0.14% Pb, 0.49% Zn including 6.1 Meters of 413 g/t Ag, 1.1% Pb, 1.7% Zn.

HER-23-09 intersected 32.2 Meters of 167 g/t Ag, 0.17% Zn.

HER-23-22 intersected 58.8 Meters of 140 g/t Ag, 0.43% Pb, 0.69% Zn including 13.7 Meters of 280 g/t Ag, 0.3% Pb, 0.8% Zn.

HER-23-23 intersected 43.9 Meters of 138 g/t Ag, 0.37% Pb, 0.32% Zn including 1.5 Meters of 1,450 g/t Ag, 1.06% Pb, 0.17% Zn.

The highest silver grades are concentrated at the Hercules Adit Zone, indicating a strengthening trend to the north, in alignment with the copper mineralization observed in the underlying porphyry copper system (Refer to the Company's January 22, 2024 News Release).

The Hercules Adit Zone continues to remain open down plunge, extending towards a potential porphyry copper target.

Planning for the 2024 drill campaign is underway, with the program scheduled to commence when weather conditions permit. Additional details regarding the drill plan will be disclosed as targets are finalized.

In a similar pattern to the increasing copper grades reported in the Lower Plate, the silver grades also appear to increase in a northerly direction, with the most promising grades found at the Hercules Adit Zone (Refer to Figures 2 and 3). This correlation suggests a potential relationship between the two mineralization styles, possibly representing different levels within a porphyry system.

Large porphyry systems are often characterized by successive episodes of mineralization. In the later stages of certain systems, shallow silver mineralization may migrate up vertical structures above the porphyry center, and extend laterally across favorable host units, such as the Hercules Rhyolite. It's possible that the gently dipping silver within the Hercules Rhyolite may originate from a vertical feeder structure above a porphyry center.


https://finance.yahoo.com/news/hercules-silver-reports-broad-intervals-130000356.html

Hercules Silver: Phase II Drilling Underway





https://herculessilver.com/wp-content/uploads/2024/02/Hercules-Silver_CorpDeck_2024-03-March.pdf

ceo.ca/big , 3d IP results show big deposit .

Mon at noon CEO and Governor of Idaho interview on You-Tube . Canadian board ceo.ca/big

Wow, that’s some prediction ..so the stock either go down or go up. I got to come back more often and check these post. If so informative.-BWAHAHAHAHA

Dude, you are so pathetic and predictable.
I don’t own this stock but I knew 100% you would comment.
LMFAO.
What a loser!
I never ever post on a board I invest in.
But I love finding POS scams like your failed pump MJWL and now BETS.
BWHAHAHAHAHAHAHAHA

Huge coordinated pump here. Doesn’t mean it won’t go higher.
But if those next results aren’t spectacular, then it will crash 50% like NILI.
Good luck.

New large deposit in Idaho . Drilled into an existing discover and found a phophery below it . High grade .