New Zone Confirms Presence Of Base & Precious Metal Mineralization

VANCOUVER – Intrepid Metals Corp. reported on the two final diamond drill holes from the 2025 drill campaign at the Corral Copper Property in Cochise County, Arizona. One of these holes was drilled approximately 1 kilometer (km) to the east of the Ringo Zone, in an untested part of the Property and it confirmed anomalous base and precious metals over significant intervals.
“Drilling in the new zone approximately one kilometre to the east has confirmed the presence of both base and precious metal mineralization, marking an important milestone in our exploration program,” said Mark Morabito, Chairman and CEO. “Importantly, the geological features observed are very similar to those seen at Ringo, suggesting a consistent mineralizing system. While the grades encountered are not yet at the levels we have historically seen, these results represent a very encouraging first step as we continue to advance this target area.”
Hole CC25_045 was designed to test coincident magnetic and gravity geophysical features associated with favorable geology that is reminiscent of the Ringo Zone but located approximately 1 kilometer to the east. This target contains a similar gravity feature to that which occurs at Ringo, a magnetic feature and prospective Jurassic intrusions. Hole CC25_045 is significant because it contains silica-clay-altered quartz monzonite intrusion(s) and anomalous base and precious metals over significant intervals including 13.00 m of 0.11% Cu, 0.04 g/t Au, 5.64 g/t Ag, 0.48% Zinc (Zn) with a CuEQ value of 0.31% (from 144.00 to 157.00 m). The geophysical features and the presence of intensely altered and mineralized monzonite porphyry represent a new zone of highly prospective, distal “Ringo Style” mineralization that will be prioritized for drill delineation in 2026.