Northwire Canada EditionMonday, November 9, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Intrepid Metals Reports Large, Multi-line, Multi-Station Gold in Soils Anomalies Including + 1 g/t from Mattie Gold Target at Corral Copper in Arizona

Soil sampling validates Mattie gold target ahead of Corral drill program

By The Northwire Desk — AI Analysis Nov 09, 2026 · 07:01 INTR · 0.64 Intrepid Metals Corp.
Executive Summary
  • The most recent release (November 9, 2026) details soil sampling results from the Mattie Gold Target at the Corral Copper Project in Arizona.
  • A total of 686 soil samples were collected, identifying multiple large zones of anomalous gold and silver values.
  • Gold values range from 0.0006 g/t to greater than 1.0 g/t, with 52 samples exceeding 0.05 g/t and 22 exceeding 0.10 g/t. One sample exceeded the 1.0 g/t upper detection limit.
  • Silver values reach up to 2.50 g/t, with a prominent northwest-southeast trend observed in the central and eastern portions.
  • Results build on previously reported rock chip sampling from October 20, 2026, which returned high-grade values including 21.0 g/t gold and 195 g/t silver.
  • The company plans to integrate these geochemical data with geological mapping and previous rock sampling to prioritize specific drill targets for the ongoing 10,000-metre program.
  • Interim CEO Matt Lennox-King highlighted the strength of the gold response and widespread surface alteration as a compelling basis for advancing exploration at Mattie.
Material Impact
  • The soil sampling results represent an expected, incremental step in the systematic exploration workflow at Corral. They validate the Mattie target's potential but do not alter the project's advanced exploration stage.
  • The data aligns with the company's stated 2026 exploration strategy, which prioritized defining the Mattie gold footprint ahead of targeted drilling. The progression from rock sampling (October) to soil sampling (November) demonstrates methodical target refinement.
  • No new capital was raised, no management changes occurred, and no material agreements were signed. The release does not introduce unexpected financial or operational shifts.
  • The market has already priced in the exploration activity through the company's financing rounds and the commencement of the drill program in September 2026. Routine exploration updates of this nature typically generate limited immediate price reaction unless they reveal a high-grade, near-surface discovery that fundamentally changes the project's economics.
  • The news reinforces the geological model but does not provide a material catalyst for valuation re-rating. It is a positive operational update that supports the ongoing drill program's targeting strategy.
INTR · Price
Company Overview
  • Intrepid Metals Corp. is a pre-revenue exploration company focused on defining a high-grade, district-scale copper deposit in Cochise County, Arizona.
  • The flagship Corral Copper Project spans approximately 42 km² and hosts multiple mineralization styles, including Carbonate Replacement Deposits (CRD), porphyry copper-gold, and epithermal gold systems.
  • The project is situated in a Tier 1 mining jurisdiction with mining-friendly regulations, year-round access, and proximity to major infrastructure, including the Apache Generating Station and Interstate Highway access.
  • Historical production at Corral includes approximately 49 million lbs of copper, 5 million oz of silver, and 68,000 oz of gold.
  • The company also holds the Tombstone South Property (Ag-Zn-Pb CRD/skarn) and the Mesa Well Property (porphyry copper), providing additional exploration upside.
Read the original news release →

More from Intrepid Metals Corp.

Oct 20, 2026 · 07:01

Intrepid’s Mattie Target sampling at the Corral Copper Project reveals high-grade gold mineralisation, expanding the project’s known gold footprint.

Drill Results Oct 06, 2026 · 07:01

Intrepid’s verification drilling at the Kate deposit will test historical rock samples to confirm grades and widths ahead of future resource updates.

Drill Results Sep 16, 2026 · 07:01

Intrepid’s Corral Copper drill program has commenced, validating execution pace ahead of planned porphyry testing.

Drill Results Aug 19, 2026 · 07:01

Intrepid secures $18.8m cash runway as it advances to first porphyry drilling at its Corral Copper project.

Drill Results Aug 13, 2026 · 07:01

Intrepid’s SWIR analysis identified a porphyry corridor ahead of a planned 10,000-meter drill program to further define the deposit.

Drill Results Aug 06, 2026 · 16:31

Intrepid filed a ni 43-101 report for corral copper, paving the way for a september drill program.

Technical Study