SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: ogi7/28/2025 8:46:19 AM
  Read Replies (1) of 312734
 
Hercules/ BIG halted on news.
Excerpt:

ORIGINAL: Hercules Metals Enters into Strategic Agreement with Barrick to Consolidate 73-Kilometre Claim Belt Around Its Leviathan Copper Discovery in Idaho

Transformative agreement to secure control of America's newest porphyry copper district 2025-07-28 09:35 ET - News Release



  • Barrick increases its equity stake in the Company and positions Hercules to advance a district-scale exploration strategy moving forward.
  • Agreement grants Hercules an option to acquire the 73-kilometre "Olympus" claim belt, extending in both directions from its Leviathan porphyry copper discovery.
  • Expands the Company's total land position from 26,000 acres to over 100,000 acres.
Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce that Hercules and its wholly-owned U.S. subsidiary, Anglo-Bomarc, U.S., Inc. ("Anglo") have entered into a strategic option agreement (the "Agreement") with Barrick Gold Exploration Inc. ("BGE"), a wholly-owned U.S. subsidiary of Barrick Mining Corporation (NYSE: B) (TSX: ABX) ("Barrick") to lead a consolidated district-scale exploration strategy and earn a 100% interest (the "Option") in over 74,000 acres of unpatented mining claims (the "Olympus Claims") surrounding the Company's Hercules property and the flagship Leviathan porphyry discovery in western Idaho (the "Property"). In exchange, Barrick will increase its equity position in the Company.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News