Well well, whilst stepping out towards Grade Creek, Hercules Metals...
Gold Ventures 🟡@TheLastDegree
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Dec 04, 2024
~1 min read
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Well well, whilst stepping out towards Grade Creek, Hercules Metals now recorded the first increase in mineralisation at depth
Ending in strong mineralisation to boot
They're getting very close now
$BIG.V
@HerculesMetals
/1
Ending in strong mineralisation to boot
They're getting very close now
$BIG.V
@HerculesMetals
/1
Gold Ventures 🟡@TheLastDegree
@HerculesSilver_ At Grade Creek, the company has the highest Ag-in-soil & 2nd highest Cu-in-soil anomaly of any target on the project
The new magnetic anomaly here is 600m wide & plunges to depth
Moderate chargeability, close to stronger values
As expected near a potential porphyry core
/3
The new magnetic anomaly here is 600m wide & plunges to depth
Moderate chargeability, close to stronger values
As expected near a potential porphyry core
/3
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@HerculesMetals Latest hole returned 338m of 0.47% Cu (not CuEq), with the final 154m ending in 0.51% Cu
Looking at the cross section, all holes into this new Target Zone end in strong mineralisation
It exhibits not only increasing grades to the north, but is also getting closer to surface
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Looking at the cross section, all holes into this new Target Zone end in strong mineralisation
It exhibits not only increasing grades to the north, but is also getting closer to surface
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@HerculesMetals Grade Creek was one of their prime targets since earlier this year
The IP showed chargeability & magnetics were very favorable
Now grades & veining are intensifying, adding confidence they're nearing (one of) the porphyry center(s) of the project
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The IP showed chargeability & magnetics were very favorable
Now grades & veining are intensifying, adding confidence they're nearing (one of) the porphyry center(s) of the project
/3
Gold Ventures 🟡@TheLastDegree
@HerculesSilver_ The long-awaited survey highlights TWO potential deep porphyry cores
One at Belmont & one at Grade Creek
These lit up after a drone magnetic survey
Magnetite is typically associated with alteration seen at the center of porphyry systems
These will get drilled shortly
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One at Belmont & one at Grade Creek
These lit up after a drone magnetic survey
Magnetite is typically associated with alteration seen at the center of porphyry systems
These will get drilled shortly
/2
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@HerculesMetals 2 types of mineralization
Primary hypogene mineralization➡️formed during emplacement of the porphyry system. Main target as it often extends for many 100s of meters down the center of the system
Secondary blanket of enrichment➡️formed during a younger hydrothermal pulse
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Primary hypogene mineralization➡️formed during emplacement of the porphyry system. Main target as it often extends for many 100s of meters down the center of the system
Secondary blanket of enrichment➡️formed during a younger hydrothermal pulse
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@HerculesMetals The company conducted first metallurgical tests on both types, showing excellent recoveries
The deeper porphyry system shows recoveries over 90% for Cu
The near surface epithermal system, shows 82% & 86% recoveries for Ag
Minimal deliterious elements✅
Big derisker
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The deeper porphyry system shows recoveries over 90% for Cu
The near surface epithermal system, shows 82% & 86% recoveries for Ag
Minimal deliterious elements✅
Big derisker
/5
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@HerculesMetals These results will be optimized in a next phase, but already showing viability
More assays pending & phase IV drilling -that will look to pierce the porphyry center- to start with thaw
BIG just broke out of a 9 month declining wedge with both Cu & Ag strong🧐
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More assays pending & phase IV drilling -that will look to pierce the porphyry center- to start with thaw
BIG just broke out of a 9 month declining wedge with both Cu & Ag strong🧐
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@HerculesMetals If you enjoyed this thread,
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Cheers, GV
/end
RT the tweet below to share this thread with your audience
Cheers, GV
/end
