Intrepid Metals Expands Ringo Footprint with Latest Drill Results at Corral Copper in Arizona

Executive Summary
- Intrepid Metals announced assay results from step‑out hole CC25_037 at the Ringo Zone, intersecting 140.80 m of 0.36 % CuEq (including higher‑grade sub‑intervals up to 1.15 % CuEq).
- The intercept confirms continuity of copper‑gold‑silver mineralization north‑west of previous holes and expands the known mineralized footprint, supporting a district‑scale exploration target.
- Additional gold‑rich intervals were highlighted from both the current hole and prior 2024‑2025 drilling, underscoring significant by‑product potential.
Key Details
- Hole CC25_037 composite intercepts:
- 140.80 m @ 0.27 % Cu, 0.15 g/t Au, 3.37 g/t Ag (0.36 % CuEq)
- 87.30 m @ 0.39 % Cu, 0.18 g/t Au, 4.89 g/t Ag (0.49 % CuEq)
- 32.15 m @ 0.66 % Cu, 0.29 g/t Au, 9.87 g/t Ag (0.85 % CuEq)
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13.30 m @ 0.94 % Cu, 0.40 g/t Au, 10.31 g/t Ag (1.15 % CuEq)
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Location & geometry: Hole drilled from 8.00 m to 305.30 m depth; step‑out located ~50 m north of hole CC24_018 and ~90 m northwest of CC24‑019.
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Overall drill program status: 17 holes (4,602.35 m) completed across Ringo, Earp, and Holliday zones; an 18th hole currently underway at Ringo.
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Gold intercept highlights from 2024‑2025 program:
- CC24_011: 105.20 m @ 0.55 g/t Au (incl. 48.85 m @ 0.97 g/t Au)
- CC24_013: 44.40 m @ 0.53 g/t Au (incl. 3.30 m @ 1.86 g/t Au)
- CC24_014: 79.00 m @ 0.65 g/t Au (incl. 33.00 m @ 1.43 g/t Au; 2.35 m @ 15.84 g/t Au)
- CC24_023: 112.95 m @ 0.53 g/t Au (incl. 63.40 m @ 0.91 g/t Au)
- CC25_029: 49.10 m @ 0.78 g/t Au (incl. 23.05 m @ 1.31 g/t Au)
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CC25_030: 37.50 m @ 1.00 g/t Au
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QA/QC: All assays performed by ALS Geochemistry (ISO‑17025/9001 certified). QA/QC program included blanks, duplicates, and standards (~10 % of samples). No significant issues identified.
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Technical verification: Daniel MacNeil, P.Geo., Technical Advisor, qualified under NI 43‑101, verified all drill data and confirmed no material QA/QC concerns.
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Geological context: Intercepts occur in Cambrian‑Devonian carbonate host rocks intruded by Jurassic porphyries; mineralization is structurally controlled within the Abrigo Limestone and Bolsa Quartzite. The Ringo Zone spans ~900 m × 800 m with favorable alteration and breccia styles.
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Forward‑looking statements: Company expects continued drilling to delineate a potential bulk‑minable copper‑gold porphyry system; additional step‑outs planned pending financing and permitting.
Notable Quotes
- “These latest results continue to demonstrate the consistency and scale of copper‑gold‑silver mineralization at our project… The strength of these intercepts, combined with the growing interest from major industry players, reinforces our belief that Corral Copper is emerging as one of the most compelling copper exploration stories in the Southwest.” – Mark Morabito, Chairman & CEO
All non‑material boilerplate and forward‑looking risk disclosures have been omitted for brevity.