Clanton Zone Results From Drill Program At Corral

VANCOUVER – Intrepid Metals Corp. reported on the new Clanton Zone at the Flagship Corral Copper Property in Cochise County, Arizona. The Company has completed its 2025 drill program at Corral, with a total of twenty-one drill holes (5765.4 meters (m)) across the Clanton, Ringo, Earp, and Holliday zones. Assay results for the final six drill holes are still pending.

The Clanton Zone is located roughly 200m south of the Ringo Zone and has been traced over 180m. This new zone consists of carbonate replacement deposit (“CRD”) style copper-gold-silver mineralization similar to Ringo but separated by the West Star Hill Fault. The latest drill hole, CC25_040 intersected 71.70m of 0.88% Copper Equivalent1 (“CuEq”) including 24.35m of 2.30% CuEq and 7.90m of 5.32% CuEq. The Clanton Zone also includes CC24_016, which intersected 198.00m of 0.93% CuEq including 72.20m of 1.73% CuEq.

“The latest results from Corral continue to build on the momentum we’ve established, confirming the strength of the system and its potential to support long-term growth,” said Mark Morabito, Chairman and CEO of Intrepid Metals. “The discovery of a new zone south of Ringo is particularly exciting, as it expands our exploration footprint and unlocks further opportunities to create shareholder value. Together, these advances underscore the significant upside that remains across the property.”

Highlights from Hole CC25_040: 1) CC25_0402: 71.70m of 0.80% Copper (Cu), 0.10 grams per ton (gpt) Gold (Au) and 5.35 gpt Silver (Ag) (0.88% Copper Equivalent (CuEq)) including, 24.35m of 2.19% Cu, 0.17 gpt Au and 11.59 gpt Ag (2.30% CuEq) including 7.90m of 5.54% Cu, 0.24 gpt Au and 16.19 gpt Ag (5.32% CuEq). 2) 26.40m of 0.07% Cu, 0.06 gpt Au and 3.27 gpt Ag (0.18% CuEq1). 3) 77.55m of 0.11% Cu, 0.06 gpt Au and 2.21 gpt Ag (0.15% CuEq).

The emerging Clanton Zone is defined by 3 holes including CC24-16, CC_24_17, and CC25_40. The Clanton Zone is separated from the Ringo Zone by the northwest trending West Star Hill Fault and is a shallowly east-dipping open-ended lens of CRD mineralization that is continuous for at least 180 meters that is between 25 and 30 meters thick. Historic drilling in the area was used to guide exploration drilling south of the West Star Hill Fault.