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2 clusters · 4 sources · 23 days · First seen about 1 month ago · Last updated 14 days ago

Hercules Metals Idaho copper exploration

Overview

Hercules Metals is advancing copper exploration at its Hook target in western Idaho. Recent drilling from hole HER-26-03 identified quartz-sericite-pyrite and skarn alterations, which may indicate a third copper center and suggest the target is part of a larger porphyry copper district.

In conjunction with these operations, the company cancelled 20.5 million stock options following requests from the TSX Venture Exchange and as part of a leadership transition involving new President and CEO George Ogilvie. Despite exploration progress, the company’s shares experienced a decline of between 8.5% and 9.5% due to market volatility and declining base metal prices.

Entities

Conjecture Mine · Olympio Metals · Jacknife Silver Project · Hercules Metals · Sean Delaney

Timeline

14 days ago

[BUSINESS] 2 sources
Hercules Metals advances Idaho copper exploration and cancels options
Hercules Metals is advancing copper exploration at its Hook target in Idaho while simultaneously cancelling 20.5 million stock options amid a leadership transition and market volatility.
about 1 month ago

[BUSINESS] 2 sources
Olympio Metals to acquire 80% interest in Idaho silver project
Olympio Metals is acquiring an 80% interest in Idaho’s high-grade Jacknife Silver Project from Scout Discoveries Corp, targeting a historic silver system including the Conjecture Mine.

Sources

ad-hoc-news.de · brisbanetimes.com.au · mining.com · mining.com.au