A New Silver Junior No One Knows About…Yet

Published: Wed, 03/01/23

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A New Silver Junior No One Knows About…Yet

Dear Silver Investors,

Hercules Silver (BIG: TSXV | BADEF: OTCQB) is an exciting new silver explorer with incredible discovery potential. The company recently announced promising drill results from their flagship, 100% owned Hercules Silver project in Idaho.

The favorable mining-friendly jurisdiction, encouraging initial drill results, and the seasoned professionals involved combine to make this company one to watch in 2023.

The CEO video below explains the results from the Hercules Silver Project.

Sincerely,

David Morgan
Chris Paul, CEO of Hercules Silver, provides a video update on the Phase I drill results.
Hercules Silver Drills 38 Meters of 487 g/t Silver Equivalent in Maiden Drill Program

  • Strong grade over multiple significant intervals, including drill hole HER-22-01, which intercepted 38 meters of 353 g/t Ag, 0.64% Pb, 2.28% Zn and 0.16% Cu (487 g/t AgEq), beginning at 26 meters depth in first drill hole, HER-22-01

  • Confirmed the presence of a high-grade shoot (the P-19 Shoot) at the east end of the Frogpond Zone; open at depth to the east

  • Confirmed the presence of shallow, high-grade mineralization at Frogpond and Hercules Adit Zones, with additional follow-up planned for Phase II

  • Assayed with modern 48-element, 4-acid ICP method that includes copper, lead, and zinc, which were only selectively assayed for historically

  • Utilized small, low-cost scout drill for preliminary Phase I drilling with multiple holes bottoming in mineralization

  • Gained in-depth geological information to guide expanded 3,000-meter Phase II core drilling program, scheduled for spring 2023

Toronto, Ontario / February 28, 2023 – Hercules Silver Corp. (“Hercules Silver” or the “Company”) (TSX-V: BIG) (OTCQB: BADEF) (FWB: 8Q7) is pleased to announce Phase I drill results from its Hercules Silver Property located in western Idaho (“Hercules” or the “Property”). The Company’s maiden drill program was designed to test and validate significant silver reported in historical drilling at the Property’s Frogpond and Hercules Adit Zones, as well as copper, lead, and zinc, which were only selectively assayed for historically. Subsurface drilling grades significantly exceed the grades sampled at surface within both zones, supporting the concept of potential supergene enrichment below surface. The Phase I program utilized a small, low-cost scout drill to gain important geological and analytical information, which will further guide an expanded Phase II 3,000-meter core drilling program. The preliminary drilling results are in line with historically reported grades and widths and position the Company with confidence in the large-scale potential at Hercules moving forward.

Management Commentary

Chris Paul, CEO and Director of the Company, noted: “The lengths and grades we are seeing near surface at Hercules are remarkable. Broad intervals of intensely altered and mineralized Hercules Rhyolite indicate the presence of a significant silver system, with surface data suggesting we have intersected the top of a large, concentrically zoned porphyry copper-epithermal system. The Phase I results so far are in line with historical drilling and indicate the potential to incorporate large volumes of previous drilling data into future resource calculations. Validating such data, which has a substantial replacement cost, could potentially add significant value to the project.

The preliminary results so far suggest good continuity within mineralized zones which remain open along strike and at depth. We look forward to initiating our maiden core drilling program later this spring, to further delineate these zones and test our conceptual model of a zoned porphyry copper-epithermal system at Hercules.”

You can view the full press release HERE

Website: https://herculessilver.com
Investor Information: Presentation – Hercules Silver
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.
(c) 2023 The Morgan Report | David Morgan
 


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