Ophir completes review, plans exploration at Breccia

Executive Summary

• Ophir Metals Corp. has completed a review of its Breccia gold property in Idaho and is initiating an exploration restart, focusing on a 2026 program to test new drill targets along CSAMT-defined structural corridors.
• The release highlights significant surface outcrop sampling results, including high-grade gold intercepts along the Meadows Fault trend, East Breccia zone, and Musgrove trend, expanding the known mineralized potential.
• Historical drilling on neighboring unowned claims (BG21-004) returned high-grade gold and silver, confirming a robust mineralized system that extends onto Ophir's property, supported by geophysical data indicating a continuous structural corridor.

Key Details

• Surface Sampling Results:
  • Meadows Fault trend: 84.3 g/t Au and 31.3 g/t Ag.
  • East Breccia zone: 57.6 g/t Au and 19.6 g/t Ag.
  • Musgrove trend: 16.4 g/t Au and 15.1 g/t Ag.
  • New outcrop discovery 800 m north of the Breccia Gold Zone (BGZ): 25.2 g/t Au.
• Historical Drilling Data (Neighboring Claims):
  • Hole BG21-004 (located within meters of property border): 13.02 g/t Au and 46.6 g/t Ag over 7.4 m.
  • Hole BG21-004 (additional interval): 1.68 g/t Au over 22.8 m.
• Geophysical Data (CSAMT & Magnetics):
  • Defined a continuous north-northwest-trending resistivity corridor consistent with the known mineralized trend.
  • Identified broad high-resistivity features (300 to 500 ohm-m) coinciding with known surface mineralization at the BGZ.
  • Identified a deep, high-resistivity body (>1,000 ohm-m) beneath the BGZ, interpreted as a possible intrusive source/heat driver.
• Exploration Strategy & Next Steps:
  • Planning for a 2026 exploration program.
  • Focus on refining and testing drill targets along the CSAMT-defined structural corridor and the northern breccia discovery area.
  • Planned activities include detailed geological mapping, channel sampling, integration of data into a 3-D geophysical-geological model, and prioritization of drill targets to test strike and depth extensions.
• Property Details:
  • Located ~40 km southwest of Salmon, Idaho, in the Blackbird mining district.
  • Consists of 52 claims covering ~1,043 acres (422 hectares).
  • Hosts the historical Gahsmith gold mine; exploration dates back to the 1930s.
  • Geology interpreted as a low-sulphidation epithermal vein network along the Meadows Fault zone.

Notable Quotes

• Shawn Wescott, CEO: "Gold's historic rise has made precious metals a priority for the company. As we evaluated opportunities in the sector, management and the board were quick to conclude how valuable the Breccia gold property is. The mineralization thus far observed appears to suggest a very robust mineralized system, and we look forward to the commencement of field work and drill target prioritization."