Mr. Chris Paul reports

HERCULES METALS GRANTS STOCK OPTIONS

Hercules Metals Corp. has granted 2.35 million incentive stock options to certain officers, directors and consultants of the company. The options vest in three equal tranches, with one-third vesting immediately, and the remaining two-thirds vesting on the first and second anniversaries of the grant date, respectively. The options are exercisable for a period of five years at an exercise price of 88 cents per common share and were granted pursuant to the company's omnibus incentive plan approved by shareholders of the company on July 15, 2022.

The options form part of previously agreed incentive compensation for certain officers, directors and consultants. The grants were deferred until after the public disclosure of the company's recently announced management appointments and related private placement.

About Hercules Metals Corp.

Hercules Metals is a United States-focused mineral exploration company advancing the 100-per-cent-owned Hercules project in the heart of America's newest porphyry copper district, in western Idaho.

The Hercules project hosts the newly discovered Leviathan porphyry copper system, one of the most important new discoveries in the country to date. Leviathan is a large and growing porphyry copper system discovered by Hercules in 2023. The initial discovery hole intersected 185 metres grading 0.84 per cent copper, 111 parts per million molybdenum and 2.6 grams per tonne silver, including 45 metres grading 1.94 per cent copper.

Subsequent drilling has demonstrated mineralization as shallow as 72 metres depth in the eastern portion of the deposit, with a mineralized envelope that remains open in multiple directions.

The Hercules project forms part of a 73-kilometre copper belt across which the company controls more than 100,000 acres of prospective mineral rights. Hercules is conducting systematic definition drilling at Leviathan and exploration drilling to identify additional porphyry centres.

Hercules' shares trade on the TSX Venture Exchange under the symbol BIG, on the OTCQB under the symbol BADEF and in Frankfurt under the symbol C0X.