Traders were excited about the technical specs from this finding, but we think it might be more of a compounding rally seeing that this announcement came just days after the company announced that it entered into a lease option agreement. Shares of Hercules Silver Corp. (TSXV:BIG) (OTCQB:BADEF) rallied strongly on the news, with shares trading on the Canadian side trading around $0.32/share (+28.00%) at the time of writing.
Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds significant scale and discovery potential to the system.
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