INTREPID METALS CORP Stock Price, News & Analysis

Intrepid Metals (OTCQB: IMTCF) has acquired strategic Viewsite Claims near its Corral Copper Property in Arizona through a Purchase and Sale Agreement worth US$475,000. The claims, spanning 348 acres of patented mining land, are located within 2km of Ivanhoe Electric claims and adjacent to Intrepid's high-grade Ringo Zone, where previous drilling yielded impressive results of 112.95m of 1.50% copper and 216.50m of 0.71% copper.

The Viewsite Claims increase Intrepid's total land position to 10,346 acres and provide full ownership of both surface and mineral rights. The acquisition terms include a US$100,000 payment upon closing and the remaining US$375,000 by January 31st, 2026. The claims show significant exploration potential, featuring porphyry-style alteration, skarn, and carbonate replacement style mineralization.

Intrepid Metals (OTCQB: IMTCF) has announced significant drilling results from its Corral Copper Property in Arizona, with outstanding copper intersections in two diamond drill holes at the Ringo Zone. The highlight includes hole CC25_029 which intersected 216.50m of 0.71% copper, starting just 29m from surface, including high-grade sections of up to 5.94% copper over 10.25m.

The second hole, CC25_030, returned 98.20m of 0.35% copper with gold and silver credits. These results are part of an ongoing 2025 drill program that has completed eleven holes across multiple zones. The drilling campaign suggests potential for a shallow, bulk-minable porphyry target, with clear signs of transition toward copper-gold porphyry-style systems.

Intrepid Metals (OTCQB: IMTCF) has strategically expanded its Corral Copper Property in Cochise County, Arizona through the acquisition of four state leases from the Arizona State Land Department and a patented mining claim from Silver Nickle Mining Company.

The expansion adds 2,195 acres to the property, bringing total holdings to 11,715 acres. Notably, the new state leases connect Intrepid's existing property with recently acquired claims by Rio Tinto, following Intrepid's successful 2024 drill program that attracted significant regional interest.

Intrepid Metals (OTCQB: IMTCF) has announced significant drilling results from its Corral Copper Property in Arizona. The company reported impressive copper mineralization in two new drill holes, with CC25_027 yielding 204.25m of 0.32% copper equivalent from surface, and CC25_028 producing 181.90m of 0.41% copper equivalent.

The drilling program has completed nine holes across the Ringo, Earp, and Holliday zones, totaling 2,343.60 meters. Notable high-grade intersections include 7.90m of 2.10% copper equivalent and 17.60m of 1.48% copper equivalent in CC25_028. The results suggest potential for shallow bulk minable porphyry mineralization, with the Ringo Zone showing promising signs of copper-gold porphyry style mineralization.

The company also announced the promotion of Mark Morabito to Executive Chairman, taking on additional responsibilities in capital markets and corporate communications.

Intrepid Metals (IMTCF) has reported exceptional results from its first 2025 diamond drill hole at the Corral Copper Property in Arizona. Hole CC25_026 intercepted significant mineralization including 142.30 meters of 0.51% Copper, 0.17 gpt Gold and 4.01 gpt Silver. The most notable intersection showed 27.50% Copper, 10.15 gpt Gold, and 192 gpt Silver over 0.55m. The drilling is part of a broader program targeting the Ringo, Holliday, and Earp Zones, with four holes completed to date at the Ringo Zone. The mineralization occurs in structurally controlled northeast dipping sedimentary rocks, with the most intense mineralization in the Abrigo Limestone and Bolsa Quartzite. The Ringo Zone extends approximately 900m by 800m and is part of a 3.5km long string of copper-gold-silver-zinc bearing carbonate replacement bodies.

Intrepid Metals (TSXV: INTR) (OTCQB: IMTCF) has amended its option agreement for the Tombstone South Property in Arizona. The amendment extends the deadlines for completing two US$1.5 million work commitments: from May 2025 to May 2026, and from May 2026 to May 2027. In exchange, Intrepid has issued 300,000 common shares and paid US$25,000 to New Empire Exploration LLC.

Additionally, the company has engaged Resource Stock Digest (RSD) for a 3-month promotional services program starting May 15, 2025, for US$10,000. The agreement with RSD, which is subject to TSX Venture Exchange approval, includes no performance factors or equity compensation.

Intrepid Metals Corp (TSXV: INTR) (OTCQB: IMTCF) has engaged Independent Trading Group (ITG) as its market maker to enhance trading liquidity of its common shares. Under the agreement, ITG will provide market-making services across all trading venues, with compensation set at CAD$7,500 per month. The initial one-month term is renewable and can be terminated by either party with 30 days' notice. The agreement is between unaffiliated parties, with ITG having no direct or indirect interest in Intrepid's securities. The company will fund the market-making services from existing cash reserves.

Intrepid Metals has launched its second drill program at the Corral Copper Property in Arizona's Turquoise District. The program targets the Ringo, Earp, and Holliday Zones across a significant 3.5 by 1.5 kilometer mineralized footprint.

Previous drilling at the Ringo Zone in 2024 yielded impressive results, including:

• 112.95m of 1.50% Copper, 0.53 g/t Gold, and 8.22 g/t Silver
• A high-grade section of 1.40m containing 20.20% Copper, 8.51 g/t Gold, and 250.00 g/t Silver
• 193.15m of 0.68% Copper and 0.33 g/t Gold

The initial 5,000m diamond drill program begins at the Ringo Zone with six planned holes. The project shows potential for Carbonate Replacement Copper-gold-silver deposits, skarn copper-gold, and porphyry copper-gold deposits. The property is geologically similar to the Bisbee Camp, which historically produced significant copper yields.

Intrepid Metals (TSXV: INTR) (OTCQB: IMTCF) has received permits for a 5,000-meter Phase 2 drill program at its Corral Copper Project in Cochise County, Arizona's Turquoise District. The program is scheduled to begin by the end of April 2025.

The company aims to expand upon its 3.5 by 1.5 km copper-gold-silver-zinc mineralized footprint discovered during their 2024 program. While most drill locations are on patented mining claims requiring no permits, the new permits allow expansion beyond these boundaries.

Currently, exploration crews are conducting systematic surface mapping and geochemical sampling. This work builds on 2024 activities that included 4,806 metres of diamond drilling, surface mapping, geological modeling, ground-based gravity geophysical survey, and 3D inversion of historical airborne magnetic data. The 2025 exploration results will help refine drill locations for the upcoming Phase 2 program.