Hercules Metals B.V
BIGHercules Metals Corp., a junior mining company, engages in the exploration and development of mineral properties in the United States. It explores for silver, lead, and zinc deposits. Its flagship property is 100% owned Hercules silver project consisting of one patented lode claim, 416 unpatented lode claims covering 8,850 acres located in Washington County, Idaho. The company was formerly known as Hercules Silver Corp. and changed its name to Hercules Metals Corp. in June 2024. Hercules Metals Corp. is headquartered in Toronto, Canada.
Score
—Data Quality
Market Cap
N/A
Total valuation
Stock Price
N/A
Latest close
Free Cash Flow
N/A
Annual
Financial Position
N/A
Cash position
PEG Ratio
ⓘN/A
P/E ÷ growth
Analysis
Subscribe to see the AI Analysis
Score breakdown, criteria, red flags, bull/base/bear scenarios.
SubscribeFinancials
Asset Pipeline
Subscribe to see the Asset Pipeline
Jurisdiction exposure, project portfolio, cost structure.
SubscribeInformation
Key Information
Legal Entity
Hercules Metals B.V
Sector
Precious Metal
Founded
March 24, 2021
Reporting Currency
CAD
Contact Phone
604-449-6819
Website
herculesmetals.comHeadquarters Address
1 First Canadian Place , Toronto , ON M5X 1G5 , CA
Identifiers
ISIN
CA4270861038Commodity Portfolio
Stock Exchanges
Organization
Chart
Interactive chart powered by TradingView. Use the chart tools to analyze price trends.
Videos
Lab Report | Sep 30 Deep Dives on ICG, Arizona Gold & Silver, and Hercules
Key Highlights
detailed- Hercules extended its porphyry discovery at Southern Flats in Idaho with 287 metres of 0.58% copper equivalent (copper plus molybdenum), which the host reads as the still-shallow top of a system that may be a down-dropped extension of Leviathan.
- The host argues Hercules could be a whole new porphyry district: the Leviathan discovery (about 1.35 km north-south and still open) sparked an Idaho staking rush, drilling at Hook appears to have touched the edge of another discovery, and Pegasus and Great Creek remain untested across a large land package.
- George Ogilvie and his former Arizona Sonoran team took over management, and the host notes the stock stopped flatlining at 60-70 cents once Ogilvie came aboard; the new team also bought shares with their own cash before its incentive options were cancelled and reissued at a higher price.
- As of September 30, 2026 the host pegs the valuation at about $450 million — already roughly 25% of what Arizona Sonoran was bought out for — and warns the anticipated MRE catalyst could slip into 2027 or later given slow drilling and rig availability.
- He plots Hercules about a third of the way up the left side of the Lassonde curve, flagging a possible development-stage discount once MRE and PEA work begins, while stressing that new porphyry districts rarely come along.
A takeover wave looks unlikely: majors are too large and targets too scarce, so expect equity stakes in juniors rather than mergers. ICG Silver & Gold hit 24.3 metres of 10.14 grams per tonne gold in Nevada; its C$19 million market cap still prices it as a concept. Arizona Gold & Silver keeps hitting gold-rich breccia at Philadelphia; the payoff comes when drilling reaches the boiling (bonanza) zone of the epithermal vein. Hercules Metals extended its Southern Flats porphyry copper hit in Idaho; George Ogilvie's new team must justify a $450 million valuation with deeper drilling. With 30-year yields near 5.5% and war-driven inflation, the host stays extremely bullish on gold, silver and copper equities.
Lab Report | Sep 28 Deep Dives on NevGold, Equinox, Sirios, Ashley, and Emperor Metals
Key Highlights
brief- Cited as context only: the host notes NevGold entered Idaho before Hercules' discovery in the state drew wide attention.
High-grade hits below and beside known resources, NevGold feeders, Sirios margins, and Emperor deep shoots, drive the next re-ratings. The Lassonde Curve, a mine developer's typical share-price lifecycle, warns that publishing a resource puts juniors in a development discount window. Equinox Gold's Orla acquisition and 45-rig, 308,000-metre drilling program show majors must replace mined ounces through exploration to keep growing. Chasing high-grade feeders under low-grade open pits can excite the market, cut financing costs, and limit dilution for juniors. Judge juniors on market cap, not share count: rollbacks and warrant pressure matter less than discovery and valuation potential.
#1 Digging for Dollars: Has the Junior Mining Market Finally Broken Its Months-Long Slump?
Key Highlights
detailed- In the Dig This Deal pitch one host describes Hercules Metals as a roughly $450 million copper exploration company whose value moved about 150% on the arrival of a new management team rather than on assays.
- He says the project is a large copper porphyry system with a footprint he puts at about a kilometre by 750 metres, where roughly $45 million has already been spent.
- He argues the incoming management team is the value driver, noting the executive previously appeared on the show and has a history of taking on, building up and selling companies.
- He says he was in the office when the team's people were told to buy the stock at 65, and that the deal was done at $4.5 million and $60, and he is still very positive on the district.
- The other host says the move has already run too far for him, and while he thinks the project is great he is no longer digging it at current levels.
Junior capital has not followed copper's record prices: the venture index is down about 6% while gold funds rise. Real money is concentrating in brownfield projects with existing infrastructure rather than early-stage exploration drilling. The hosts call visual assay photos selective disclosure: without assays or a comparable earlier hole, the images mislead. Oxide gold changes the math: a million ounces grading a gram is a cheap, simple mine, not a starter project. The closing pitches favor a management-led revaluation at Hercules Metals and a contrarian bet on Mogotes Metals.
Willem Middelkoop: The Next Financial Crisis, 'Perfect Storm' For Commodities & Mining Discoveries
Key Highlights
detailed- The guest highlights Hercules Metals as a world-class copper discovery in Idaho where his fund owns over 4% and treats as a core 'stick-with-it' position with the goal of keeping at least 1% through production.
- He compares the system in scale and potential to an Aurelian-type discovery, calling it a brand-new copper district.
- The fund stepped in as a quasi-activist when the original young geologist CEO publicly acknowledged he was not suited to lead; the fund helped install a new chairman and a new CEO team.
- Hercules is hold up as the proof point for his 'discovery investing' model - early, concentrated, long-duration ownership of Tier 1 finds.
Weimar lite is already underway as foreign holders have dropped below 30% of US Treasuries and the Fed has absorbed $330B in a year. Central banks have bought around 1,000 tonnes of gold per year for five straight years -- about a third of global mine output. Gold is being reintroduced into the monetary system without any formal conference, as central banks now hold more gold than Treasuries. Gold producers print record free cash flow at PE ratios of 10-11, roughly a tenth of Magnificent Seven valuations. Discovery investors hold at least 1% stakes in tier-one deposits, scaling back after runs but never selling through production.
#106 Digging for Dollars #34 How IDEX Metals Outbid Majors in Idaho & Rio Tinto’s Move on Mogotes
Key Highlights
brief- Its 2023 Leviathan porphyry discovery in the new Idaho district is what anchors the area; Clayton calls it exceptional not only for their belt but for mining in the US in general, and IDEX's Breccia target sits just to the north.
- The host says the discovery set off a large staking rush, with Barksdale blanketing about 100,000 acres of federal claims over roughly a year and a half, which is why IDEX went after the state lease auction instead and wonders whether higher-grade or deeper economics at Hercules matter for payback.
Rio Tinto's C$21 million investment in Mogotes at a 75-cent premium wiped out the financing overhang that had capped the stock. Counting warrants and options, Mogotes works out near $250 million fully diluted, against $4.5 billion Filo and NGEx next door. IDEX's tungsten reassay added 0.11% to 180 metres of 0.6% copper, lifting the interval to 1.87% copper equivalent. The guest argues tungsten lifts a critical copper project into a polymetallic resource, using conservative prices and a mid-range recovery. IDEX took 28,000 Idaho acres at a state lease auction after majors arrived unable to bid because they were not properly registered.
#103 Digging for Dollars #31 Tom Woolrych's Framework for Finding Tier 1 Wins
Key Highlights
detailed- Woolrych says he became more bullish after roughly five to seven holes, when he saw economic-type mineralization rather than isolated showings, and modelled it himself in Leapfrog.
- He expects the company could define 400-500 million tonnes at about 0.5% copper, and says a PEA or scoping study around that number would satisfy the institutional investors he calls the spreadsheet miners.
- The host contrasts the intercepts, citing a 2023 Beaver Creek result of 186 m at 0.86% copper inside a silver epithermal belt, with the limited market love, at a market cap Woolrych puts at about $185 million.
- Woolrych says he is still very bullish and likes the way management is now framing Southern Flats, where a hole is being drilled along the vector indicated by the earlier work.
Geologist-turned-fund manager Tom Woolrych argues the only real edge in discovery-stage juniors is knowing exactly what you own. He adds the commodity's place in the bull or bear cycle as a third dimension to the Lassonde curve, mapping funding needs to discovery stages. A 17km porphyry holding billions of tonnes makes even 0.5 grams per tonne interesting; he sees 5-10 million ounces at San Lorenzo. San Lorenzo is held for tier-one intercept potential; Hercules Metals is held because a 400-500Mt US copper project trades cheaply. Deutsche Rohstoff holds a very large position in Q2 Metals, whose 300Mt Quebec lithium project is why Canaccord's Tim Hoff calls it 'tier X'.
#102 Digging for Dollars #30 Talking our Portfolio and Top Picks
Early private-market entries into juniors re-rated hard when they listed, beating flat TSX Venture and GDXJ benchmarks at mid-year. Sterling Metals' Batchawana Copper Belt consolidation shows why the hosts buy whole districts early instead of waiting for neighbors to prove up. Galantas Gold's $100 million raise shows how a large, well-supported financing lets a near-term producer reach cash flow without repeated dilution. With no senior tungsten producers, Allied Critical Metals' year-end pilot plant in Portugal offers juniors-only exposure to a quintupled price. Stagnant juniors with strong treasuries and intact teams remain the buys — own value before promotion arrives and prices move.
#100 Digging for Dollars #28 The Game Has Changed Dan Earle and Access to Capital In the Mining Sect
Key Highlights
brief- The host says Chris Paul, whom he describes as being from Hercules, came on the show about six months before this episode and pushed a Chilean asset on him as a deal worth buying.
- He says Paul was hard to evaluate because of long pitch sessions and a CEO who, in his words, did not really know what he was talking about, but that the location beside a very large, famous Chilean mine made the project compelling.
Access to capital, once a junior miner's edge, is no longer an advantage now that participation in resource equities has broadened. Cost of capital has collapsed: Lundin Gold financed Frida del Norte near 20%, while juniors now issue bonds below 9%. Big raises remove junior mining's top risk — getting through the valley of death — which makes dilution a secondary worry. Dan Earle argues investors anchored to prior cycles misread today's deals; newcomers without fixed priors often perform better. Three rapid pitches: a Nevada producer with a $750M NAV second asset, a $6M Peru silver explorer, and a fresh copper find.
#98 Digging for Dollars #26 Wait for the Trickle Down Effect on Junior Miners
EarthLabs closed its year with $80 million in cash and securities, up from $39 million, without borrowing or raising new capital. Producer and mid-tier strength has not yet trickled down to juniors and privates — the flow the hosts say is just getting started. Kirkland Lake Discoveries bought the forgotten 442,000-ounce Mirado gold project for about $9 million; eight pending drill holes could re-rate the stock. Drilling is paused roughly three weeks for river-crossing safety; a magnetotellurics survey and till sampling will probe ground hidden beneath glacial cover. Portfolio discipline from the show: cap privates near 20% for liquidity, keep funds under $150-200 million, and benchmark returns.
Articles
No articles available
Published articles for this company will appear here
Want the full picture on more companies?
Be one of the first.
A room for resource investors taking shape now — independent, spam-free, no hype.