New Porphyry Copper-Gold Targets At Corral Copper

VANCOUVER - Intrepid Metals Corp. reported that several new porphyry copper-gold targets have been identified on the Corral Copper Property, located in Cochise County, part of the prolific Turquoise District of southeastern Arizona. Corral is geologically analogous to the prolific Bisbee Camp (located ~100km southeast) where high-grade copper-gold Carbonate Replacement Deposits (CRD) are spatially associated with Jurassic porphyry copper-gold porphyry deposits (Lavender Pit; 223 Mt @ 0.63% Copper past production). Although there is porphyry style alteration and mineralization at Corral, a systematic porphyry exploration campaign for the district has not been previously completed.

"The Corral Copper District hosts widespread carbonate replacement copper-gold-silver mineralization, which represents the distal expression of a potential copper porphyry deposit," stated Ken Engquist, CEO. "Aspects of the CRD mineralization intersected during the 2024 drill program at Corral confirmed our assertion that there is porphyry copper potential at the Property. The drill core demonstrates key geological features consistent with the transition from lower temperature CRD mineralization to higher temperature skarn mineral assemblages, as well as mineralized vein styles that form in or near the porphyry environment."