Our Commitment
Responsible Exploration
Sustainability has been universally adopted in the natural resource industry and it is integral in how Hercules Metals approaches and implements its development strategy.
The Company seeks to build a positive legacy by delivering value to the community both during and after its operating life in Idaho and by building close ties with the community, government and all its stakeholders.
During the exploration phase of the project, Hercules Metals aims to minimize the overall disturbance caused by its exploration activities. The Company’s drilling campaigns will be backed by ongoing reclamation, aimed at supporting the natural wildlife habitat.
Stakeholder Engagement
Hercules Metals makes open and transparent dialogue with all stakeholders a meaningful part of its mission. Below are community newsletters which highlight the Company’s efforts.
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Why Copper?
Copper is critical for everything from the electrical grid to electric vehicles and renewable energy technologies.
Besides clean energy technologies, several industries including construction, infrastructure, and defense use copper for its unique properties.
Copper mining and production are significant contributors to economic growth and job creation. By exploring and developing new copper resources, Hercules Metals is committed to fostering economic resilience and providing valuable opportunities for our neighbouring communities and worldwide.
Visit the following resources to learn more:
1.
Increasing Demand
Copper demand for electricity grids could increase anywhere between 55-104% by 2040.
2.
Energy Supply
Wind turbines contain 8 tonnes of copper per megawatt of generation capacity.
3.
Critical Mineral
Copper is now included on both the US and Canada’s critical minerals lists as it is deemed essential for economic success.
4.
Supply < Demand
Copper is not being discovered fast enough to meet upcoming demand.
Why Silver?
Silver is an important commodity due to its unique properties and versatile applications across various industries. It is highly conductive, making it essential in electronics, including smartphones, solar panels, and batteries. Silver’s reflective and antimicrobial qualities are valuable in medical equipment, mirrors, and water purification systems.
Additionally, it is a precious metal with significant value in jewelry and as an investment asset, offering a hedge against inflation and economic uncertainty. The diverse uses of silver in technology, industry, and finance underscore its critical role in the global economy.
Silver is anticipated to play an important role in the green revolution.
Visit the following resources to learn more:
1.
Solar Panels
Solar panel production now accounts for 100M ounces a year of silver demand, or 10% of the total silver market. This is projected to grow to 185M ounces in the next 10 years.
2.
Automative Applications
Last year, 61M ounces of silver were consumed by the automotive industry, particularly in EV’s. Silver’s superior electrical properties make it irreplaceable in many automotive applications.
3.
5G Cellular Networks
5G semiconductor production is expected to increase annual silver demand from 7.5M ounces today to 23M ounces by 2030.