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Hercules Intersects 338 Meters of 0.47% Cu with Mineralization Increasing at Depth and to the North

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Executive Summary

Hercules Metals Corp. has reported encouraging drill results from hole HER-24-12 at its Hercules Property in western Idaho, intersecting 338 meters of 0.47% copper mineralization. The intersection demonstrates substantial width and consistent copper grades, with the final 154 meters of the hole showing improved grades of 0.51% copper accompanied by 104 ppm molybdenum values.

The results are particularly significant as they indicate mineralization is strengthening at depth and extending to the north, suggesting potential for resource expansion. The presence of molybdenum alongside copper adds additional value potential to the deposit, as molybdenum is a critical metal used in steel production and industrial applications.

For the copper sector, these results highlight the ongoing potential for discovery in established mining jurisdictions like Idaho. The substantial intercept width and improving grades at depth suggest Hercules may be advancing toward defining a significant copper resource. The northward extension of mineralization also opens up additional drilling targets that could expand the overall mineralized footprint.

The combination of wide intercepts, reasonable copper grades, and the presence of molybdenum credits positions this project as a potentially attractive development opportunity in the current environment of strong copper fundamentals. Further drilling will be critical to defining the full extent of mineralization and advancing the project toward resource estimation.
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