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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Big Technologies Plc | BIG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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| -2.50 | -1.85% | 133.00 | 16:35:08 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 138.00 | 132.00 | 138.00 | 133.00 | 135.50 |
| Industry Sector |
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| SOFTWARE & COMPUTER SERVICES |
| Top Posts |
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Posted at 22/1/2024 19:21 by stu31 Hercules Silver Drills 100 Meters of 0.76% Cu, 113 ppm Mo, Within 461 Meters of 0.4% Cu, 74 ppm MoPosted on January 22, 2024 Hercules Silver Corp. (“Hercules Silver” or the “Company” Assay results have now been received for HER-23-26 and confirm that grade increases west from drill holes HER-23-11 to HER-23-21 to HER-23-26, and from HER-23-08 to HER-23-05. Drill logs also demonstrate an increasing ratio of chalcopyrite to pyrite, a decrease in marginal phyllic alteration, and an increase in proximal potassic (biotite-magnetite) alteration in HER-23-26. Copper grades also increase toward the north from HER-23-26 to HER-23-05 and planning is now underway to execute a 20,000-meter drill program aimed at vectoring into the core of the system. A new 2023 IP survey suggests the potential for significant expansion along a multi-kilometer trend beneath the Hercules Rhyolite, with no indication of considerable fault breaks in the system. The Leviathan Porphyry remains open for expansion in multiple directions and thus far has only been tested within the 2022 IP survey area. Barrick Gold Corporation (“Barrick̶ Drilling within an initial 500m x 450m area demonstrates increasing grades to the north and west. HER-23-26, the latest hole drilled into the Leviathan Porphyry intersected 100 meters of 0.76% Cu, 113 ppm Mo, within 461 meters of 0.4% Cu, 74 ppm Mo. New assay data and deep penetrating 3D IP suggest the potential early porphyry center may underlie the entire mapped exposure of Hercules Rhyolite. IP data shows an arcuate-shaped chargeability target that closely follows the trend of the Hercules Rhyolite and roots into a vertical anomaly with coincident high conductivity (low resistivity) which may represent a potential early porphyry feeder intrusion. With the aid of Barrick’s senior technical expertise, the Company is planning a 20,000-meter drill program to expand on its 2023 discovery. Chris Paul, CEO and Director of the Company, noted: “The 2023 drilling season has been a massive success for the Company where testing of a large epithermal silver system at depth resulted in one of the most significant porphyry copper discoveries in the Western US in recent years. The first phase of blind drilling has now tested the copper porphyry system over a 500m x 450m area, with grades increasing to the north and west. Assays also remain pending for drilling within the shallow epithermal portion of the system which contributes to the potential future economics of the Property and provides investors with additional exposure to silver. We are excited to be working with our new largest shareholder, Barrick, and their senior technical team, on the planning and execution of our upcoming 20,000-meter drill program. The ambitious program will systematically step out to the north and west of the 2023 drilling and test several kilometers of a new chargeability/conduc Further Update on 2023 Deep Penetrating 3D IP Survey by Dias Geophysical The new large-scale IP survey carried out in late 2023 by Dias Geophysical Corporation reveals the presence of a much larger system in the lower plate than was previously recognized. Additional processing is underway to incorporate the 2022 high-resolution near surface data, which correlates well with the bornite-rich upper portion of the porphyry, with the new deep penetrating data, to generate a more robust inversion model over the entire Property. The new deep penetrating data shows an arcuate-shaped chargeability target which closely follows the trend of the Hercules Rhyolite in plan and roots into a vertical anomaly with coincident high conductivity (low resistivity) that may represent a potential early porphyry feeder intrusion. |
Posted at 22/1/2024 19:14 by stu31 Hercules Silver Announces Closing of Strategic Investment by Barrick Gold CorporationPosted on November 7, 2023 Hercules Silver Corp. (“Hercules Silver” or the “Company” Each Unit consisted of one common share of Hercules (each, a “Hercules Share”) and 0.32 of a common share purchase warrant (each whole warrant, a “Warrant” With the closing of the Placement, Barrick now owns 12.33% of the issued and outstanding Hercules Shares on a non-diluted post-transaction basis and 15.02% of the outstanding Hercules Shares on a partially-diluted post-transaction basis, assuming exercise of all Warrants. The proceeds from the Placement will be used by Hercules Silver to explore the Company’s Hercules Project located in western Idaho. All securities issued in connection with the Placement are subject to a four-month-and-one-d In connection with the Placement, Hercules Silver and Barrick also entered into an investor rights agreement, whereby, among other things, Barrick was granted certain participation rights, top-up rights, information rights and rights of first refusal, all as more particularly described in the Company’s news release dated November 6, 2023. Advisors Gowling WLG (Canada) LLP acted as Canadian legal counsel to Hercules Silver and Davies Ward Phillips & Vineberg LLP acted as Canadian legal counsel to Barrick. About Hercules Silver Corp. Hercules Silver Corp. is a junior mining company focused on the exploration and development of the 100% owned Hercules Silver Project, northwest of Cambridge, Idaho. The Hercules project is a disseminated silver-lead-zinc system with 28,000 meters of historical drilling across 3.5 kilometers of strike. The additional discovery of a new porphyry copper system at depth in 2023 adds significant upside potential to the Property. The Company is well positioned for growth through the drill bit, having completed extensive surface exploration consisting of soil & rock sampling, geological mapping, IP geophysics. The Company’s management team brings significant exploration experience through the discovery and development of numerous precious metals projects worldwide. |
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