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IDEX Metals Engages Geotech Drilling for Fully-Funded 10,000-Metre Drill Program & Expands IP Survey at Freeze Project, Idaho, USA
Vancouver, B.C., May 12, 2026 - IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that it has engaged Geotech

About this update from Idex Metals Corp.
[{"type":"text","content":"Vancouver, B.C., May 12, 2026 - IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that it has engaged Geotech Drilling Services Ltd. (“Geotech”) to complete the Company’s fully-funded 2026 diamond drilling program at the Freeze Project in Idaho, USA (“Freeze”, or the “Property”). The ambitious 2026 drilling campaign at Freeze is expected to be comprised of approximately 10,000 metres of drilling across 20 holes, with the majority planned to target depths of approximately 300 to 800 metres, up to a maximum designed depth of 1,200 metres. The program is expected to be carried out by two drill rigs, with mobilization of the first one anticipated in early June 2026 and the second to follow shortly thereafter. The Company is also pleased to announce that based on encouraging preliminary results from its ongoing induced polarization (“IP”) survey originally announced on April 8, 2026, the survey has been expanded from the initial 37 line-kilometre program to approximately 64 line-kilometres. This larger program will extend coverage to the north and south with an additional 21 line-kilometres, including survey lines over U.S. Forest Service (“USFS”) ground to better evaluate the area between two emerging anomalies associated with the CM Target. The Company has also added approximately 6 line-kilometres of IP coverage over the Shiver Target, where preliminary results to the north have warranted additional work aimed at advancing Shiver toward drill-ready status. Figure 1: 2026 Induced Polarization Survey Grid, including Kismet Corridor, CM and Shiver Expansion “We are absolutely thrilled with the momentum building at Freeze,” said Clayton Fisher, CEO of IDEX. “The engagement of Geotech is a major step forward for the Company and our 2026 exploration season. Geotech is a large, highly-respected drilling organization with deep technical experience, modern equipment and a track record of completing drilling programs in a wide array of environments all over the world. We believe they are the right partner to help execute the largest and most ambitious drill program in IDEX’s history.” “We’re equally excited about the early takeaways from the ongoing IP survey. Preliminary results have been compelling enough that we have made the decision to significantly expand the program in real time....