Hercules Metals Provides Update on 2025 Drilling at the Leviathan Porphyry System Stronger continuity emerging through accelerated definition drilling at Leviathan; testing of “Donut” Anomaly in the south underway
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Hercules Metals Provides Update on 2025 Drilling at the
Leviathan Porphyry System
Stronger continuity emerging through accelerated definition drilling at
Leviathan; testing of “Donut” Anomaly in the south underway
• Upsized 2025 drilling campaign : The Company’s 2025 drill program has been expanded
beyond the original 12,000 metre target. Over 13,000 metres of drilling have been completed,
with the Company expecting to continue drilling into November 2025 , as long as seasonal
weather conditions permit.
• 2025 drilling progressing well: 2025 drilling now includes sixteen (16) holes completed, with
three (3) holes in progress, and three (3) additional RC pre-collars ready for completion.
• “Donut” Anomaly now being tested in Southern Flats Zone : Core holes 25 -16 and 25 -22
have now begun testing a new target in the Southern Flats Zone known as the Donut Anomaly,
with a third hole, 25-23, pre-collared and ready for completion. The highly-conductive, 3 km-wide
Donut Anomaly represents one of the largest geophysical targets identified by the Company to
date.
• Nine (9) holes currently being assayed: Samples for nine (9) complete holes (25-03 – 25-11)
have been sent to the lab and are being processed, with additional sample shipments ongoing.
Toronto, Ontario / October 8, 2025 – Hercules Metals Corp. (“Hercules” or the “Company”) (TSX-
V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to provide an update on 2025 drilling progress at
its flagship Leviathan porphyry copper discovery on its Hercules Property in western Idaho (the
“Property”). Sixteen holes have been completed, with one hole in -progress at Leviathan and two
holes currently in -progress on a large new priority target area in the Southern Flats Zone. Over
13,000 metres have been drilled to date , with samples for nine holes awaiting assay at the lab .
Figure 1 provides an updated drill map, showing holes completed, in-progress, and pre-collared with
a reverse circulation (“RC”) drill rig.
Chris Paul, CEO and Director of Hercules Metals, commented, “I am encouraged by the steady
progress of our 2025 drilling campaign. Early validation of our 3D geological model has enabled us
to execute a combined strategy of both definition and pure exploration drilling. By employing a fence-
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based approach, we are able to pinpoint holes that demonstrate the strongest continuity across each
200-metre section, systematically expanding the deposit and delivering value for our shareholders.”
“As we continue to build value through definition drilling, we have also entered the initial phase of
exploration on a large new target, with a scale that extends well beyond that of Leviathan itself. This
new target, referred to as the “Donut” Anomaly, reveals a strong conductivity signature that spans
more than three times the width of Leviathan, underscoring the district-scale potential of this new and
emerging porphyry copper belt in the United States.”
Definition drilling is beginning to demonstrate continuity in the Footwall Zone, both along strike and to
depth. Continuous mineralization may potentially extend for upwards of 1 km in the Footwall Zone,
following completion of the 2025 drill campaign (Figure 1). Drill holes 25-14, -18, and -21 are designed
to test this continuity trend, the first of which is in progress and the latter two are now pre-collared.
Footwall mineralization remains open to the south.
Mineralization also remains open in the Hanging Wall Zone, south of 2024 drill hole 24-19, where the
coincident Leviathan MT anomaly increases in both scale and magnitude toward the Southern Flats
area. Drill hole 25 -16 is currently testing for a southern extension of the Leviathan porphyry into
Southern Flats, whereas drill holes 25-22 and 25-23 are designed to evaluate whether the stronger,
3-km-wide bullseye MT feature (the “Donut Anomaly”) may represent a second and separate porphyry
centre. Given the sheer scale of the new MT target, drill testing will continue until one or more
complete fences have been established across the entire anomaly. Figures 2 and 3 provide cross-
sectional and long -sectional views of drill holes 25 -22 (in -progress) and 25 -23 (pre -collared),
representing the first two (2) holes of a planned three (3)-hole fence, testing diagonally across the
anomaly.
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Figure 1: Drill plan showing completed, in progress, and pre-collared drill holes, relative to MT conductivity 800m
below surface. Hotter colours are more conductive.
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Figure 2: Northwest-facing cross section through MT resistivity model . Planned target depths are shown for drill
holes 25-22 and 25-23, which are currently pre-collared to 450 m and 400 m respectively. Hotter colours are more
conductive.
Figure 3: Southwest-facing long section through MT resistivity model. Outline of Leviathan porphyry in white. The
new Donut Anomaly shows a similar pattern of a moderately conductive core surrounded by highly conductive
alteration. Planned target depths are shown for drill holes 25-22 and 25-23.
Drilling Contractors
RC drilling has been successfully completed for the season, with three remaining pre-collared holes
still to be advanced with core drilling. Hercules extends its appreciation to Alford Drilling.
Dorado Drilling USA has delivered outstanding performance this season, completing deep holes on
schedule and to specification, achieving production targets and meaningful cost savings for the
Company. Building on this success, a third Dorado rig has been mobilized to site to further enhance
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productivity through the remainder of the campaign. The contract with Scout Drilling has been
concluded, and the three most efficient Dorado core rigs will remain active, to maintain a strong and
consistent production, through to the end of season.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved for
disclosure by Dillon Hume, P.Geo. and Vice President, Exploration for the Company. Mr. Hume is a
"Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards
of Disclosure for Mineral Projects.
About Hercules Metals Corp.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration Company
focused on developing America’s newest porphyry copper district, in Idaho.
The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered
Leviathan porphyry copper system, one of the most important new discoveries in the country to date.
The Company is well positioned for growth through continued drilling, supported by a strategic
investment from Barrick Mining Corporation.
With the potential for significant scale, the Company’s management and board of directors aims to
build on its proven track record which includes the discovery and development of numerous precious
metals projects worldwide.
For further information please contact:
Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: [email protected]
Greg DiTomaso
Investor Relations
Telephone: +1 (647) 243-4074
Email: [email protected]
Dillon Hume
VP, Exploration
Telephone: +1 (604) 283-2043
Email: [email protected]
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. Any securities referred to herein have not and will not be registered
under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state
securities laws and may not be offered or sold within the United States or to U.S. Persons unless
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registered under the U.S. Securities Act and applicable state securities laws of an exemption from
such registration is available.
Disclaimer for Forward-Looking Information
This news release contains certain information that may be deemed “forward-looking information” with
respect to the Company within the meaning of applicable securities laws. Such forward -looking
information involves known and unknown risks, uncertainties and other factors that may c ause the
Company’s actual results, performance or achievements, or developments in the industry to differ
materially from the anticipated results, performance or achievements expressed or implied by such
forward-looking information. Forward-looking information includes statements that are not historical
facts and are generally, but not always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or
conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in
this press release may include, without limitation, the expected execution of future exploration
programs on the Property; assay results of future drill holes; results of operations, and the expected
financial performance of the Company.
Although the Company believes the forward -looking information contained in this news release is
reasonable based on information available on the date hereof, by its nature, forward -looking
information involves assumptions and known and unknown risks, uncer tainties and other factors
which may cause our actual results, level of activity, performance or achievements, or other future
events, to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking information.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks
and uncertainties associated with general economic conditions; the Covid -19 pandemic; adverse
industry events; the receipt of required regulatory approval s and the timing of such approvals; that
the Company maintains good relationships with the communities in which it operates or proposes to
operate, future legislative and regulatory developments in the mining sector; the Company’s ability to
access sufficient capital from internal and external sources, and/or inability to access sufficient capital
on favorable terms; mining industry and markets in Canada and generally; the ability of the Company
to implement its business strategies; competition; the risk that any of the assumptions prove not to be
valid or reliable, which could result in delays, or cessation in planned work, risks associated with the
interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results
will not be consistent with the Company’s expectations, as well as other assumptions risks and
uncertainties applicable to mineral exploration and development activities and to the Company,
including as set forth in the Company’s public disclosure documents filed on the SEDAR+ website at
www.sedarplus.ca.
THE FORWARD -LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE
REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF THIS
PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.
READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD -LOOKING
INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER
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DATE. WHILE HERCULES METALS MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE
THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE
WITH APPLICABLE LAWS.
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