Hercules Metals Outlines Initial 2026 Drill Plan at the Hercules Property in Western Idaho

Core Viewpoint - Hercules Metals Corp. is advancing its exploration efforts with an initial 12,500 m drill program at five new target areas along the trend from the Leviathan copper discovery in Idaho, with plans to expand the program to 20,000 to 30,000 m based on initial results [1][5]. Drilling Program Details - The initial phase of drilling has commenced, focusing on five target areas: Leviathan Southwest Extension, Leviathan's Footwall MT Anomaly, Southern Flats Target, Pegasus Target, and The Hook Target [3][5]. - A second drill rig has been mobilized ahead of schedule to resume drilling at hole HER-25-18, which was previously paused at 841 m depth, with significant winter upgrades expected to enhance drilling efficiency [3][5]. Target Areas - Leviathan Southwest Extension: Approximately 3,000 m of drilling aimed at extending known mineralization to the southwest [3]. - Leviathan's Footwall MT Anomaly: 2,500 m of drilling planned to evaluate increasing copper grades at depth and an untested northeast-plunging magnetotelluric anomaly [3]. - Southern Flats Target: 3,000 m of drilling planned to test the largest geophysical anomaly identified on the property, characterized by a vertically extensive cylindrical conductor [3]. - Pegasus Target: 3,000 m of drilling planned, showing a similar MT geophysical signature and a coincident chargeability anomaly from a recent induced polarization survey [3]. - The Hook Target: 1,000 m of drilling planned, defined by a moderate conductivity anomaly with a strong chargeability response from the 2026 IP survey [3]. Stock Options - The company has granted 1,325,000 stock options to certain officers, employees, and consultants, exercisable for five years at an exercise price of CAD$0.64, vesting in four equal tranches over 24 months [5]. 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 [8]. - The company is well-positioned for growth, supported by a strategic investment from Barrick Mining Corporation, aiming to deliver value to shareholders through successful discoveries [8].