Hercules Project
Project information
Description
Flagship 100%-owned copper project hosting the Leviathan porphyry copper discovery in western Idaho, on the northwestern shoulder of Cuddy Mountain, about 200 km northwest of Boise and northwest of Cambridge. The property totals roughly 24,276 acres of private, state and federal mineral rights, including a 7,669-acre state lease, and is subject to a 2% NSR of which half can be bought back for US$1 million. Historically a high-grade silver district worked since the 1800s and defined by over 300 historical drill holes, the Leviathan porphyry copper system was discovered in October 2023 beneath the rhyolite-hosted silver mineralization; the discovery hole returned 185 m of 0.84% Cu, 111 ppm Mo and 2.6 g/t Ag, with a subsequent hole returning 354 m of 0.47% CuEq. A first 3D block model was completed in April 2025 to guide a fully funded 12,000 m drill campaign, and an independent study attributes the shallow high-grade enrichment to hypogene telescoping. Deeded surface mining rights under a 1969 landowner agreement mean no drill permitting is required, enabling a year-round drilling season. No mineral resource has yet been defined.
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