IDEX Metals Commences 2026 Exploration Season at Freeze Property with IP Survey over Kismet Corridor

IDEX Metals announced the commencement of a 37 km Induced Polarization (IP) geophysical survey over the “Kismet Corridor” on its wholly‑owned Freeze Property in Idaho. The survey is intended to refine near‑surface structural and alteration models before a Phase II drill program slated for May 2026. TMC Geophysics Ltd. will conduct, process, and invert the data. Results will be integrated with 2025 drilling, soil geochemistry, and magnetotelluric (MT) datasets.

• Scope: The IP survey is a standard pre‑drill de‑risking activity that follows a series of positive exploration updates (soil work, drill results, financing).
• Expectation vs. reality: Market participants already anticipated an expanded geophysical program after the strong 2025 drill and soil data. The announcement therefore confirms the planned path rather than delivering new, unexpected value.
• Catalyst effect: While the survey will improve target definition for the upcoming Phase II drill campaign, it does not materially alter the project’s economics at this stage. Consequently the news is classified as Routine – Positive.

IDEX Metals Corp. is a junior explorer focused on copper‑gold‑molybdenum systems in Idaho’s emerging “Idaho Copper Belt.” Its flagship asset is the Freeze Project (≈31,000 acres), hosting the Kismet breccia pipe, North Breccia, and several peripheral targets (Frostfall, Devils Slide, Cuddy Mine). The project exhibits near‑surface copper mineralization with increasing molybdenum grades at depth, indicative of a potential porphyry system.