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 (IMTCF) reported rock sampling results including 21.0 g/t gold at its Mattie target within Arizona's Corral Copper Project. The 148-sample program also returned results including 195 g/t silver. Gold-bearing samples span approximately 1,550 m by 1,100 m, but continuity remains unestablished and selective grab samples may not represent average grades.
Mapping identified four areas for evaluation, including the unsampled North area. Complete results from approximately 800 soil samples remain pending; the company expects follow-up mapping and additional rock and channel sampling to refine potential drill targets. Four holes totalling 1,725.17 m were completed at Holliday, and the drill moved to Ringo. Intrepid also retained Oak Hill Financial for an initial six months at $12,000 monthly plus pre-approved expenses, subject to TSX Venture Exchange approval.
Intrepid Metals (IMTCF) plans to drill the newly identified Kate copper-gold target at its Corral Copper Project in Arizona in the coming weeks. Kate lies approximately 1.5 kilometres south of the Ringo Zone. Mapping, surface geochemistry and oxygen-isotope analysis identified evidence of mineralizing fluids.
Historical hole MH_03 returned 27.43 metres grading 0.65% copper, 0.98 g/t gold and 17.20 g/t silver, including 7.62 metres grading 1.71% copper, 3.30 g/t gold and 44.55 g/t silver. The hole ended in mineralization. Planned drilling will verify historical results and test for additional mineralization. The historical sampling and results have not been independently investigated or analyzed by Intrepid; mineralization's extent and continuity remain untested.
Intrepid Metals (IMTCF) has started a 10,000-metre diamond drill program and a 65 line-kilometre IP-MT geophysical survey at its Corral Copper Project in Cochise County, Arizona.
The 2026 program allocates about 5,000m to expand and evaluate near-surface CRD-style copper-gold-silver mineralization and 5,000m to first-time drilling of high-priority porphyry copper-gold targets. Quantec Geoscience is running the IP-MT survey over approximately two months to refine porphyry drill targets. Porphyry drilling is currently expected to begin in late October 2026, with survey results integrated into Corral’s geological model.
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.