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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
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]
Canada One Provides Exploration Update at Flagship, Copper Dome Project
Newsfile· 2025-11-25 14:22
Core Insights - Canada One Mining Corp. has provided an exploration update following the Phase 2 exploration program at its 100% owned Copper Dome Project, highlighting significant findings of visible copper sulphide minerals, particularly in the Friday Creek zone [1][3]. Exploration Summary - The Phase 2 field program focused on historic MINFILE occurrences, with crews successfully visiting all documented locations and establishing 53 field stations with full metadata [4][6]. - A total of 29 rock samples were collected and submitted for analysis, with results expected in approximately four weeks [4][15]. - Early observations included the presence of chalcopyrite stringers, mineralized breccia cement, and bornite clots, indicating promising mineralization [5][6]. Geological Observations - The Friday Creek Zone exhibited strong potassic alteration and visible chalcopyrite and bornite mineralization, suggesting proximity to porphyry copper systems [7][9]. - Bornite, a copper-bearing sulphide mineral, was found across a significant area, indicating a potential high-temperature potassic zone and strong porphyry system potential near the surface [8][9]. - Alteration was mapped over a vertical extent of approximately 100 meters, with the strongest alteration intensity recorded at the valley bottom [9]. Future Plans - A follow-up field program is scheduled for Q2 2026, aimed at delineating alteration zonation patterns and understanding the structural controls on mineralization [14]. - Detailed petrographic and geochemical analyses will be conducted to refine the understanding of the relationship between observed hydrothermal alteration assemblages and the inferred porphyry center [14]. Project Context - The Copper Dome Project is located in the lower Quesnel Trough porphyry belt, adjacent to Hudbay Minerals Inc.'s Copper Mountain Mine, which has Proven and Probable Reserves of approximately 367 million tonnes at 0.25% Cu, 0.12 g/t Au, and 0.69 g/t Ag [16][17]. - The project benefits from excellent infrastructure, enabling year-round access and cost-efficient exploration in a stable jurisdiction [19].