IDEX Drilling Confirms Scale of Copper Mineralization at Kismet Breccia Complex, Intersects 130.93 m of 0.40% Cu within 344 m of 0.30% Cu at the Freeze Project, Idaho, USA
Executive Summary
- IDEX Metals announced significant drill intercepts from holes KSMT25003 and KSMT25004, confirming extensive copper mineralization at depth and expanding the known breccia complex laterally.
- Hole KSMT25004 returned 130.93 m @ 0.50 % CuEq (0.40 % Cu) within a broader 344.34 m interval @ 0.45 % CuEq, starting at just 38.71 m depth.
- Hole KSMT25003 intersected 57.10 m @ 0.65 % CuEq (0.50 % Cu) within a 134.22 m interval @ 0.42 % CuEq, confirming strong continuity north of prior drilling.
Key Details
- Drill Hole KSMT25004 – 130.93 m grading 0.40 % Cu (0.50 % CuEq) within 344.34 m @ 0.30 % Cu (0.45 % CuEq); starts at 38.71 m depth; includes high‑grade oxide copper zone at 372.51–375.17 m.
- Drill Hole KSMT25003 – 57.10 m grading 0.50 % Cu (0.65 % CuEq) within 134.22 m @ 0.34 % Cu (0.42 % CuEq); starts at 39.95 m depth; includes coarse molybdenum with disseminated chalcopyrite/pyrite at ~220.75 m.
- Assay Summary Table (selected intervals):
| Hole | From (m) | To (m) | Interval (m) | Cu (%) | CuEq (%) | Ag (g/t) | Mo (ppm) |
|---|---|---|---|---|---|---|---|
| KSMT25004 | 38.71 | 383.05 | 344.34 | 0.30 | 0.45 | 1.88 | 146.72 |
| KSMT25004 | 90.05 | 220.98 | 130.93 | 0.40 | 0.50 | 1.87 | 89.19 |
| KSMT25003 | 39.95 | 97.05 | 57.10 | 0.50 | 0.65 | 3.14 | 140.20 |
- Geological Interpretation:
- Breccia complex remains open in all directions and at depth; Phase I drilling identified multiple high‑priority expansion targets.
- Continuity of breccia mineralization confirmed; weakly‑mineralized tonalite constrained, strengthening structural model.
-
High resistivity (>700 Ω·m) zones host significant copper mineralization; lower‑resistivity features flagged for future porphyry targeting.
-
Technical Discussion Highlights:
- KSMT25003 drilled north of previous holes to extend mineralization and improve geometry understanding; encountered oxide copper near surface, transitioning to sulfide at depth.
- KSMT25004 tested southern extension; did not intersect weakly‑mineralized tonalite seen earlier, indicating breccia remains open southward.
-
Both holes terminated due to challenging downhole conditions (caving, loss of circulation).
-
Upcoming Catalysts:
- Assay results from drill holes KSMT25005‑25006.
- New IP, Vector IP, NSIP ELF geophysical survey data.
- Completion of property‑wide model with defined porphyry targets for the 2026 season.
-
Planning and execution of Phase II drilling campaign.
-
Sample Analysis: Conducted at AGAT Labs (Calgary & Thunder Bay) using ISO‑17025/9001 certified methods; 4‑acid digestion, ICP‑OES/MS, fire assay for gold (no significant results).
Notable Quotes
“These results are exactly what we want to see as we continue to define a large copper system… Intersecting hundreds of meters of consistent copper mineralization from surface – in multiple directions – clearly demonstrates the strength, scale, and continuity of the system at Freeze.” – Clayton Fisher, CEO & Director, IDEX Metals Corp.