Hercules Silver Corp. Provides Exploration Update on Hercules Silver Property
Bald Eagle Gold Corp.
on Wednesday said it secured the TSX Venture Exchange approval for its name change to Hercules Silver Corp.
The company's shares started trading under the new name but the same ticker on the TSXV.
Additionally, the company said it is undertaking surface-based exploration at the Hercules silver property in Washington County, Idaho, with ongoing work including geochemical sampling, detail mapping and planning for a property-wide 3D IP geophysical survey.
Hercules expects to receive assay results from a recently completed follow-up soil survey on its new copper anomaly, while field crews are now following up on new targets generated by soil sampling with detailed chip and channel sampling of outcrops. Over 1,000 rock chip samples are planned on a 50-meter grid pattern within the new targets to collect widespread bedrock geochemical data on surface ahead of a drill program planned for later this year.
The company has also engaged Specialized Geological Mapping Ltd. to carry out detailed mapping, which is scheduled to begin on Aug. 25. Additionally, a property-wide 3D induced polarization survey is scheduled to commence in late summer. The survey will cover around 2,500 acres of mineralized footprint to over 600 meters of depth.