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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 has successfully completed its initial drill program on the Corral Copper Property in Cochise County, Arizona. The program, completed on time and within budget, involved 25 diamond drill holes totaling 4,844 meters. The drilling targeted the Holliday, Earp, and Ringo Zones, validating the property's potential with significant copper, gold, silver, and zinc mineralization.
Key results include intervals of:
- 193.15m of 0.68% Cu, 0.33 gpt Au, and 4.22 gpt Ag
- 198.00m of 0.56% Cu, 0.12 gpt Au, and 4.35 gpt Ag
- 124.00m of 0.52% Cu, 0.35 gpt Au, and 7.58 gpt Ag
- 159.65m of 0.57% Cu, 0.22 gpt Au, and 3.21 gpt Ag
Results from the remaining 8 holes are expected soon. The drill program reinforces the company's confidence in the property's potential to host economic mineralization.
Intrepid Metals announced the results of its initial drilling program at the Corral Copper Property in Arizona. Significant findings include 198 meters of 0.68% Copper Equivalent (CuEq) with an impressive 72.20 meters of 1.28% Cu from Hole CC24_016. The project also showed high-grade gold mineralization with 21.3 gpt Au over 1.1 meters in Hole CC24_15 and 15.84 gpt Au over 4.71 meters in Hole CC24_14. The Ringo Zone, a key target, exhibited continuous and locally high-grade mineralization, particularly within the Abrigo Limestone and Bolsa Formation. The program included 20 diamond drill holes totaling 3,900 meters aimed at exploring a 3.5 by 1.5 km area for economic copper, gold, silver, and zinc deposits.
Intrepid Metals Corp. reports successful drilling results at its Corral Copper Property in Arizona, with high-grade intervals of copper-gold-silver-zinc mineralization. The Company plans to continue drilling to expand mineralized zones and add shareholder value.
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