Next Door to Hercules’ Breakout Copper Discovery

A single drill hole to one of the most active staking rushes seen in four decades

January 29, 2026

*together with IDEX Metals

A new U.S. copper district is taking shape in Idaho.

In late 2023, Hercules Metals reported a porphyry discovery that has reshaped the region.

The impact was immediate. Capital followed. So did major miners, including Barrick, BHP, Rio Tinto, and Teck.

What began as a single drill hole quickly evolved into one of the most active staking rushes seen in four decades.

Roughly 10 km from Hercules, IDEX Metals (TSX.V: IDEX, OTCQB: IDXMF) controls the Belt's second-largest land position. But unlike neighboring projects, where copper mineralization is buried under 200+ meters of basalt, IDEX's project exposes oxide copper at surface.

Drilling at the Freeze Project hit continuous copper mineralization in all six drill holes during their Phase 1 drill program in 2025. And an active drill season is planned for 2026.

Copper demand is rising sharply as AI infrastructure, data centers, grid upgrades, and domestic manufacturing expand.

BHP estimates copper use in data centers alone could increase sixfold by 2050.

BloombergNEF has warned that even aggressive mine development may leave a multi-million-ton supply gap by the mid-2030s.

As the U.S. looks to secure supply, IDEX is advancing one of the most accessible copper systems in Idaho.

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