Intrepid Metals drills 177.25 metres of 0.58% Copper Equivalent from Ringo Zone at Corral Copper Project, Arizona

Intrepid Metals Corp. [TSXV: INTR; OTCQB: IMTCF] provided assay results assay results from two additional diamond drill holes from the Ringo Zone, part of the ongoing 2025 drill campaign at the company’s flagship Corral Copper Property in Cochise County, Arizona. Assay results for the final four holes of the 2025 drill program are pending.

“With every new round of results, we’re not only advancing the geological understanding of Corral but also strengthening Intrepid’s strategic position in the copper sector,” said Mark Morabito, Chairman and CEO of Intrepid Metals. “The growing scale of the system reinforces our view that Corral represents a rare opportunity to deliver meaningful value for shareholders and attract the attention of major industry players.”

Highlights from Holes CC25_041 and CC25_042 – CC25_041: 177.25 metres of 0.41% copper, 0.19 g/t gold and 2.52 g/t silver (0.58% Copper Equivalent (CuEq)), including, 13.00 metres of 2.20% Cu, 0.84 g/t Au and 4.46 g/t Ag (2.76% CuEq).

CC25_042: 26.50 metres of 0.25% Cu, 0.17 g/t Au and 1.13 g/t Ag (0.46% CuEq) and 47.85 metres of 0.33% Cu, 0.27 g/t Au and 3.99 g/t Ag (0.63% CuEq), including 11.35 metres of 0.98% Cu, 0.35 g/t Au and 7.40 g/t Ag (1.31% CuEq).

The Corral Copper Property, located near historical mining areas, is an advanced exploration and development opportunity in Cochise County. Corral is located 15 miles east of the famous mining town of Tombstone and 22 miles north of the historic Bisbee mining camp which has produced more than 8 billion pounds of copper.

The district has a mining history dating back to the late 1800s, with several small mines extracting copper from the area in the early 1900s, producing several thousand tons. Between 1950 and 2008, various companies explored parts of the district, but the effort was uncoordinated, non-synergistic and focused on discrete land positions and commodities due to the fragmented ownership.

There is over 50,000 metres of historical drilling at Corral mainly centered on the Ringo, Earp and Holliday Zones and although this core has been destroyed, Intrepid has a historical digital drill hole archive database which the company uses for the purposes of exploration targeting and drill hole planning. Intrepid, through ongoing exploration drilling and surface geological mapping, sampling and prospecting is increasing confidence in the validity of this data.

Intrepid is confident that by combining modern exploration techniques with historical data and with a focus on responsible development, the Corral Copper property can quickly become an advanced exploration stage project and move towards development studies.

Intrepid Metals Corp. is exploring for high-grade essential metals such as copper, silver, and zinc mineral projects in proximity to established mining jurisdictions in southeastern Arizona, USA.

The company has acquired or has agreements to acquire several drill ready projects, including the Corral Copper Project (a district scale advanced exploration and development opportunity with significant shallow historical drill results), the Tombstone South Project (within the historical Tombstone mining district with geological similarities to the Taylor Deposit, which was purchased for $1.3B in 2018. Mineralization at the Taylor Deposit is not necessarily indicative of the mineral potential at the Tombstone South Project) both of which are in Cochise County, and the Mesa Well Project (located in the Laramide Copper Porphyry Belt in Arizona).