Hercules extends Idaho copper discovery
The drilling must establish the extent and grade of the mineralization before Hercules can assess its development potential.
Hercules Metals has expanded its Southern Flats copper discovery in Idaho, potentially connecting with the Leviathan system to the north. A drill hole identified 286.5 meters of copper grading, including 65.5 meters at 0.61% copper. Company president and CEO George Ogilvie noted that drilling should be spaced out to avoid wasting resources on unfruitful areas.
The company plans to finalize its 2027 budget by year-end, which will include drilling an additional 80,000-100,000 meters in the area. Hercules currently holds over 404.7 square kilometers across the Olympus copper belt. A permit for road access on federal lands is expected by year-end or early 2027, allowing for improved drilling operations.
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