Transformative agreement to secure control of America's newest porphyry copper district Barrick increases its equity stake in the Company and positions Hercules to advance a district-scale exploration strategy moving forward. Agreement grants Hercules an option to acquire the 73-kilometre "Olympus" claim belt, extending in both directions from its Leviathan porphyry copper discovery. Expands the Company's total land position from 26,000 acres to over 100,000 acres.
Hercules Metals Corp. is pleased to announce that Hercules and its wholly-owned U.S. subsidiary, Anglo-Bomarc, U.S., Inc. have entered into a strategic option agreement with Barrick Gold Exploration Inc. , a wholly-owned U.S. subsidiary of
Barrick Mining Corp. to lead a consolidated district-scale explo...