Hercules SilverCorp. ('
The initial term of the agreement (the 'Agreement') is for a period of twelve months unless otherwise terminated earlier. As consideration for the services, the Company will pay a monthly fee of
Momentum does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. Aside from this Agreement, the Company does not have any relationship with Momentum. The engagement with Momentum is subject to approval of the
About
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 completedextensive 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.
Contact:
CEO & Director
Tel: +1 (604) 670-5527
Email: chris@herculessilver.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
Disclaimer for Forward-Looking Information
This news release contains certain information that may be deemed 'forward-looking information' with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words 'expects,' 'plans,' 'anticipates,' 'believes,' 'intends,' 'estimates,' 'projects,' 'potential' and similar expressions, or that events or conditions 'will,' 'would,' 'may,' 'could' or 'should' occur.Forward-looking information contained in this press release may include, without limitation, the results of operations, and the expected financial performance of the Company.
Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in
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