Porphyry

Hercules Metals is progressing exploration at its 100%-owned Hercules Project in Idaho, where drilling has defined a copper porphyry system known as Leviathan beneath an upper silver zone. Backed by strategic investor Barrick Mining, Hercules Mining plans a 12,000m program in 2025 targeting deeper porphyry zones and potential new targets across the property. Newly permitted areas and additional land agreements strengthen the company’s position. Historic and recent drilling suggest multi-metal potential, and planned activity across the Eastern Block, Southern Flats, and Grade Creek zones may provide key catalysts for shareholders in the coming months. [more]

AbraSilver (TSX: ABRA) is progressing its 100%-owned Diablillos silver-gold project in Argentina, following a Pre-Feasibility Study (PFS) and successful equity financings totaling $58.5 million. The Diablillos project includes a Proven and Probable Reserve of 124 million silver ounces and 1.1 million gold ounces, with an after-tax NPV of US$747 million and a 27.6% IRR. AbraSilver has also partnered with Teck Resources at its La Coipita copper-gold project. Kinross Gold and Eric Sprott participated in the recent financings, reinforcing industry support as the company advances toward a full Feasibility Study at Diablillos expected later this year. [more]