Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-90.14K | -8.50K | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
-11.40M | -9.58M | -3.30M | -2.34M | -923.58K | -41.10K | EBITDA |
-20.11M | -9.69M | -3.30M | -7.08M | -865.47K | -41.10K | Net Income Common Stockholders |
-19.29M | -9.69M | -3.30M | -7.08M | -977.49K | -41.10K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
24.29M | 24.58M | 1.80M | 1.84M | 691.42K | 269.72K | Total Assets |
26.29M | 25.85M | 1.98M | 1.88M | 1.32M | 269.72K | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-12.18M | -12.72M | -1.80M | -1.84M | -691.42K | -269.72K | Total Liabilities |
891.87K | 504.93K | 517.21K | 133.81K | 450.24K | 30.61K | Stockholders Equity |
25.40M | 25.34M | 1.46M | 1.75M | 865.17K | 239.10K |
Cash Flow | Free Cash Flow | ||||
-17.17M | -9.30M | -2.27M | -1.26M | -629.73K | -40.61K | Operating Cash Flow |
-16.18M | -9.26M | -2.27M | -1.26M | -629.73K | -40.61K | Investing Cash Flow |
-11.31M | -12.71M | 0.00 | -112.96K | -440.28K | 0.00 | Financing Cash Flow |
29.45M | 33.06M | 2.23M | 2.52M | -115.44K | 0.00 |
Hercules Metals Corp. has announced new drilling results from its Hercules Property in Idaho, with significant copper equivalent (CuEq) discoveries. The recent step-out drilling has expanded the mineralization system to the south and southeast, with the shallowest porphyry intercept to date at 70 meters below the surface. The results highlight the potential of the Eastern Block Zone, which remains largely undrilled, and the upcoming drilling campaign aims to explore a multi-kilometer copper-molybdenum-gold soil anomaly. Hercules Metals is considering the largest geophysical survey ever conducted on the property to further extend the exploration area.
Hercules Metals Corp. has achieved impressive initial metallurgical results at its Hercules Project in Idaho, with copper recoveries reaching up to 90% and silver recoveries exceeding 80%. These results indicate the potential for producing commercial-grade concentrates without harmful elements, enhancing the project’s viability. The company plans further optimization studies to improve these promising figures.
Hercules Metals Corp. has announced significant drilling results from its Hercules Property in western Idaho, revealing a promising increase in copper mineralization at depth and towards the north. The latest drill hole, HER-24-12, shows a 338-meter section with 0.47% copper, with higher concentrations found deeper, suggesting a new trend towards the Grade Creek Zone. These findings suggest the potential for a major new porphyry copper deposit, making it an exciting development for investors.
Hercules Metals Corp. announces promising results from recent drilling at their Leviathan porphyry copper system in Idaho, indicating mineralization begins at a shallow depth of 72 meters. The discovery of a new magmatic-hydrothermal breccia pipe and expanding mineralization envelope opens up potential for further exploration.