Conversation with Hercules Metals (TSX-V:BIG, OTC:BADEF) CEO Chris Paul on October 11th, 2024. On October 10th, 2024 Hercules announced the first set of drill results from 2024 drilling, the results included 480 meters grading .47% copper and 82 ppm molybdenum in hole HER-24-08. Hercules Metals Corp. is a junior mining company focused on the exploration and development of the 100% owned Hercules Copper-Silver Project, northwest of Cambridge, Idaho.
The discovery of the new Leviathan porphyry copper system via hole HER-23-05 (announced October 10th, 2023 – 185 meters grading .84% copper and 111 ppm molybdenum) resulted in Barrick Gold (NYSE:GOLD, TSX:ABX) making a large investment in Hercules (14% stake), and kicked off the largest claims staking rush in the US in many decades.
_________________________________________________________________________
Disclaimer
The video is for informational purposes only and is neither a solicitation for the purchase of securities nor an offer of securities. Viewers are expressly cautioned to seek the advice of a registered investment advisor and other professional advisors, as applicable, regarding the appropriateness of investing in any securities or any investment strategies, including those discussed above. The stocks discussed in this video are high-risk venture stocks and not suitable for most investors. Consult Company SEDAR profiles for important risk disclosures. This interview contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed by such forward-looking statements or forward-looking information, standard transaction risks; impact of the transaction on the parties; and risks relating to financings; regulatory approvals; foreign country operations and volatile share prices. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Actual results may differ materially from those currently anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.