Hercules Silver Corp. today announced completion of the previously announced non-brokered private placement , resulting in Barrick Gold Corporation subscribing for 21,265,370 units of Hercules Silver at a price of C$1.10 per Unit for gross proceeds to Hercules Silver of C$23,391,907. The Placement represents a significant step towards the equity requirements to fund the Hercules Project and a strategic investment by [...]
VANCOUVER, BC, Nov. 6, 2023 /CNW/ - Trading resumes in: Company: Hercules Silver Corp. TSX-Venture Symbol: BIG All Issues: Yes Resumption : 10:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Hercules Silver Corp. today announced that it has entered into an agreement with Barrick Gold Corporation whereby Barrick has agreed to purchase 21,265,370 units of Hercules Silver in a non-brokered private placement at a price of C$1.10 per Unit for gross proceeds of C$23,391,907. Each Unit consists of one common share of Hercules and 0.32 of a common share purchase warrant . Each Warrant will have a term of two years [...]
VANCOUVER, BC, Nov. 6, 2023 /CNW/ - The following issues have been halted by CIRO Company: Hercules Silver Corp. TSX-Venture Symbol: BIG All Issues: Yes Reason: Pending News Halt Time : 8:50 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Hercules Silver Corp. continues to wait on assays for the next deep drill hole , and in the interim, is pleased to report silver-lead-zinc results from the next two shallow drill holes in sequence, HER-23-06 and HER-23-07, which were drilled above the recently-announced porphyry copper discovery at its Hercules Silver Property located in western Idaho . These results continue to showcase strong silver mineralization [...]
VANCOUVER, BC, Oct. 10, 2023 /CNW/ - Trading resumes in: Company: Hercules Silver Corp. TSX-Venture Symbol: BIG All Issues: Yes Resumption : 10:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Hercules Silver Corp. is very pleased to confirm a major new copper porphyry discovery at its Hercules Property located in western Idaho . HER-23-05, the first hole to test a large-scale blind chargeability anomaly, intersected 185.29m of 0.84% Cu and 111 ppm Mo from 246m to 431.2m, including 45.33m of 1.94% Cu. The hole ended prematurely due to drilling challenges encountered at a post-mineral dyke, however observations [...]
VANCOUVER, BC, Oct. 10, 2023 /CNW/ - The following issues have been halted by CIRO Company: Hercules Silver Corp. TSX-Venture Symbol: BIG All Issues: Yes Reason: Pending News Halt Time : 9:13 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Hercules Silver Corp. is pleased to announce it has entered into a lease option agreement between the Company, Anglo-Bomarc, U.S., Inc., a wholly owned subsidiary of the Company and local prospector Merrill Palmer , dated September 27, 2023, which grants Hercules Silver the option to acquire a 100% interest in the Mineral property, comprising eighty-seven unpatented lode mining claims within the Mineral mining district [...]
Hercules Silver Corp. is pleased to report silver-lead-zinc results from the first 5 drill holes of its Phase II drill program, targeting near surface silver mineralization at its Hercules Silver Property located in western Idaho . These results are the first of the Company's ongoing 6,000-meter Phase II infill, expansion, and discovery-focused drill program. The upper part of HER-23-05 intercepted 84.2 meters of 54.1 g/t [...]
Seven drill holes completed to date, with silver mineralization observed in all holes , and assays currently pending; Oriented core drilling demonstrates a potential northwest-southeast control to higher-grade silver mineralization within Frogpond, suggesting the potential to extend mineralization between historical zones; First deep hole completed into the western margin of a large chargeability anomaly announced last [...]
Commenced core drilling at Hercules Property Construction of logging facility completed Phase II drill program now underway, focused on the following targets: Hercules Adit and Frogpond Zones: Step-out holes aiming to extend mineralization, as well as infill and further verify historical drilling results; Hercules Rhyolite: Robust silver targets identified through surface mapping, geophysics and geochemistry, including at [...]
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