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Intrepid Metals Corp. reports mineral exploration, land consolidation and financing developments tied to copper-focused projects in Arizona. Company updates center on the Corral Copper Property in Cochise County, where exploration programs target porphyry copper-gold and copper-gold-silver carbonate replacement deposit mineralization through mapping, geochemical work, geophysics and drilling preparation.
Recurring news also covers the Tombstone South Property, option agreements, patented and unpatented mining claims, surface rights, and completed acquisitions that expand the Corral Copper land package. Capital updates include warrant exercises and private financings used to support exploration activity, while governance items include board and executive leadership changes.
Intrepid Metals (OTCQB: IMTCF) has selected Major Drilling Group International as contractor for a 10,000-metre drill program at its Corral Copper Project in Cochise County, Arizona, scheduled to start in early September 2026. Equity Exploration Consultants will provide geological and operational support.
The program will comprise about 20 holes, split roughly 50/50 between expanding near-surface CRD-style copper-gold-silver mineralization and the first porphyry drill tests at Corral. Prior 2024–2025 drilling returned intervals including 112.95m of 1.50% Cu and 0.53 gpt Au, and 193.15m of 0.68% Cu, among others. Porphyry drilling is expected to begin mid- to late October after integration of new geophysical and geological datasets. All technical information was approved by qualified person Daniel MacNeil, P.Geo.
Intrepid Metals (OTCQB: IMTCF, TSXV: INTR) reported preliminary short-wave infrared (SWIR) alteration results from its Phase 1 exploration program at the district-scale Corral Copper Project in Cochise County, Arizona. Analysis of 165 feldspathic rock samples has defined an extensive northeast-trending alteration corridor extending from the Curly Porphyry Target toward the Ringo Zone.
The work outlines strong white mica/sericite alteration between Curly and north of Ringo, localized low AlOH wavelength responses south of Ringo near elevated copper from pXRF sampling, and jarosite domains from Curly through Earp to Ringo. Epidote northwest of Curly may represent distal porphyry-style alteration. These spectral data are being integrated with mapping, geochemistry, pXRF, drilling and a 3D model to refine targets for an IP-MT survey and an approximately 10,000-metre drill program planned for later in 2026.
Intrepid Metals (OTCQB: IMTCF, TSXV: INTR) has completed and filed an independent NI 43-101 technical report for its district-scale Corral Copper Project in Cochise County, Arizona. The report, effective August 5, 2026, was prepared by independent Qualified Person Alan J. Wainwright, PhD, P.Geo.
The Technical Report covers property ownership, geological setting, exploration history, historical and recent drilling, mineralization and exploration potential, and includes recommendations for advancing the project. Intrepid is filing the report on a voluntary basis. It is available on SEDAR+ and the company’s website.
Intrepid Metals (OTCQB: IMTCF) has launched its first systematic gold-focused exploration program at the Mattie Prospect within the Corral Copper Project in Cochise County, Arizona. The rock and soil sampling program will collect about 1,170 soil samples over an approximately 1,900 by 1,500 metre grid to define surface gold mineralization and guide future drilling.
Mattie represents a third, distinct mineralization style at Corral, alongside existing CRD and emerging porphyry copper targets. According to Intrepid Metals, this work is part of a larger 2026 exploration program that also includes a ~65 line-kilometre IP survey and a September drill program of about 5,000 metres.
Intrepid Metals (OTCQB: IMTCF, TSXV: INTR) has defined the new Curly Porphyry Target within its district-scale Corral Copper Project in Cochise County, Arizona. The target, interpreted as a potential porphyry copper-gold system, was outlined using geological mapping, drill core review, targeted field work and portable X-ray fluorescence (pXRF) analysis.
Curly shows porphyry-style alteration, veining and geochemical vectors, including Turquoise Granite clasts with potassic and QSP alteration and quartz “B” veins with chalcopyrite and molybdenite. According to Intrepid Metals, an IP survey will begin in early August, ahead of a September drill program with about 5,000 metres focused on high-priority porphyry targets.
Intrepid Metals (OTCQB: IMTCF, TSXV: INTR) outlined progress at the Corral Copper Project in Arizona, advancing porphyry copper-gold targeting alongside known CRD mineralization.
The 2026 program, designed with input from Teck Resources, includes a ~65 line-km IP survey starting early August and a planned 10,000 m Q3 drill campaign, with about 5,000 m focused on priority porphyry targets.
Recent technical work identified multiple porphyry-style features and refined target areas for upcoming drilling.
Intrepid Metals (OTCQB: IMTCF) reported results of its 2026 AGM held June 30, 2026, in Vancouver. All motions were approved, with 42,116,953 common shares voted, representing 34.1% of issued and outstanding shares. Seven directors were elected and DMCL LLP was re-appointed as auditor.
Intrepid Metals (OTCQB: IMTCF, TSXV: INTR) appointed veteran geologist Ken Balleweg as Senior Geologist, formalizing his role after consulting since 2022 on the Arizona projects, including the Corral Copper Project's 2026 exploration campaign.
The company also engaged Torrey Hills Capital for investor relations services under a US$22,500 initial three‑month agreement starting July 1, 2026, followed by a month‑to‑month term at US$7,500, paid from cash on hand.
Intrepid Metals (OTCQB: IMTCF) announced that Chairman and Interim CEO Matthew Lennox-King will join a fireside chat at the Emerging Growth Conference on June 10, 2026 at 2:55 p.m. ET.
He will discuss recent achievements, Arizona exploration activities, and 2026 objectives. Registration and webcast details are available online.
Intrepid Metals (OTCQB: IMTCF) appointed Ken Brophy as President, strengthening its leadership team. Brophy has previously held senior executive roles at Intrepid and remained a technical and strategic advisor.
According to Intrepid, he played a key role in consolidating the flagship Corral Copper Project in Arizona and brings over 25 years of experience advancing and de-risking development-stage natural resource projects.