Hercules Metals Intersects 285 m of 0.47% Copper, Including 56 m of 0.89% Copper at the Leviathan Porphyry System and Discovers New Silver Zone in Southern Flats with 10.7 m of 420.5 g/t AgEq
Southern CompanySouthern Company(US:SO) TMX Newsfile·2025-12-22 12:00

Core Insights - Hercules Metals Corp. has confirmed a significant new silver discovery at Hercules, marking the first such discovery since the 1980s, indicating a major southern extension of the Ag-Pb-Zn epithermal system [1][7] - The ongoing drilling campaign in 2025 has yielded promising results from the Leviathan porphyry copper discovery, showcasing strong continuity and thickness in mineralization [2][3] Drilling Results - Drill hole HER-25-12 intersected 285 m of mineralization grading 0.47% Cu, 63 ppm Mo, and 1.0 g/t Ag, including a notable 56 m section with 0.89% Cu, 41 ppm Mo, and 1.7 g/t Ag [3][18] - The first drill hole in the Southern Flats Zone, HER-25-06, revealed 10.7 m grading 257.2 g/t Ag, 2.18% Pb, and 4.62% Zn (420.5 g/t AgEq), within a broader interval of 119.9 m grading 31.2 g/t Ag, 0.29% Pb, and 0.86% Zn (59.7 g/t AgEq) [4][8] Geological Insights - The newly identified epithermal silver-lead-zinc center in the Southern Flats Zone is supported by multiple drill holes spaced over 1 km apart, suggesting the potential for the largest epithermal silver system on the Hercules Property [8] - The alteration observed in drill holes indicates proximity to a nearby porphyry center, with ongoing step-out drilling planned to follow up on these results [5][7] Future Exploration Plans - A refined, high-resolution model of the 5 km Leviathan anomaly is expected to enhance targeting for new porphyry and epithermal centers, particularly in areas with reduced cover thickness [8] - Follow-up drilling is planned to test the southwest extension of the Footwall Zone, with additional holes scheduled to resume in early 2026 [5][18] Company Overview - Hercules Metals Corp. is focused on developing a new porphyry copper district in Idaho, with the Leviathan porphyry copper system being one of the most significant discoveries in the country [25][26] - The company aims to deliver value to shareholders through continued drilling and discovery success, supported by strategic investments [27]

Southern Company-Hercules Metals Intersects 285 m of 0.47% Copper, Including 56 m of 0.89% Copper at the Leviathan Porphyry System and Discovers New Silver Zone in Southern Flats with 10.7 m of 420.5 g/t AgEq - Reportify