Mobilization Of Crew For Comprehensive Drilling At Corral Copper Property

Mobilization Of Crew For Comprehensive Drilling At Corral Copper Property

VANCOUVER – Intrepid Metals Corp. has signed a Drill Contract with Godbe Drilling LLC on the Corral Copper Property in Cochise County, Arizona. The Godbe drill crew is currently on the Property preparing for drilling to commence within the next two weeks. The Property, which has historical mining shafts, contains 50,000 metres (“m”) of historical drilling data, with shallow mineralization of copper, gold, silver and zinc.

“We are very pleased to have crews on site and preparing for our first drill program on our Corral Copper Property,” said Ken Brophy, CEO. “We spent 2022-2023 consolidating the 3km trend of impressive copper and gold mineralization and the historical drilling data and we’re excited to finally start confirming those results. It’s not often that a company has such confidence in a drill program, but our assurance is grounded in the historic drill data we have compiled. Being fully funded for our drill program secures our ability to provide our shareholders with the opportunity to develop our project and build substantial value. This is going to be a very busy first half of 2024 and I’m looking forward to updating our investors with our progress over the coming quarters.”

Work on the Property currently consists of clearing 23 drill pads and reestablishing access roads in preparation for drilling, which is scheduled to commence within the next two weeks. The initial 5,000 m diamond drill program is expected to consist of 23 drill holes: 7 holes (roughly 1,200 m) at Courtland North, 5 holes (roughly 900 m) at Courtland South, both of which fall within patented mining claims and 11 holes (2,900 m) at Man for which the surface rights will be acquired under the terms of the existing option agreement. Please refer to the map below for drill hole locations. The drill program is expected to verify the fragmented historical results from various previous drill campaigns and extend certain holes that ended in mineralization.”