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Intrepid Metals Announces Plans for New District Scale Copper Property in Arizona
VANCOUVER, BC / ACCESSWIRE / March 28, 2023 / Intrepid Metals Corp. (TSXV:INTR) ("Intrepid" or th...
About this update from Intrepid Metals Corp.
[{"type":"text","content":"Intrepid Metals Announces Plans for New District Scale Copper Property in ArizonaVANCOUVER, BC / ACCESSWIRE / March 28, 2023 / Intrepid Metals Corp. (TSXV:INTR) (\"Intrepid\" or the \"Company\") provides additional details, including its 2023 exploration plans, surrounding the recently announced district scale, advanced exploration and development copper property, the Corral Copper Project (the \"Project\"), in Cochise County, Arizona. The Project is located 15 miles east of the famous mining town of Tombstone & 22 miles north of the historical Bisbee mining camp which has produced more than 8 billion pounds of copper with grades of up to 23%.\"Over 50,000 meters (\"m\") of drilling from 225 drill holes has been completed within the district, many with significant copper intercepts\" states Ken Brophy, CEO of Intrepid. \"In addition, we also now have the benefit of the 2017 VTEM and ZTEM geophysical surveys that were acquired from Anglo American (see news release dated February 28, 2023). The previous fragmented land ownership has acted as a barrier in the advancement of the development of the district, and we have now consolidated over 8,500 acres (3,440 hectares). We have invested significant time to listen and engage with local area stakeholders and have been able to consolidate the key property segments required to move this project forward. We continue to be impressed by the data we have acquired as we begin to plan a targeted comprehensive drill program for later this year and our team continues to refine our geological modelling using the latest technology and techniques to plan the drill program.\"Drilling on the Project is expected to take place later this year after the historical data has been compiled into a new database. All of the historical drill logs and assay data will be re-examined in order to distinguish the copper mineralization (e.g. supergene chalcocite, supergene oxide and primary sulfide zones) ahead of more detailed modeling. This modeling will help guide Intrepid's confirmation drill program and enable the Company to advance the Project much quicker than a typical exploration drill campaign. The two cross sections below show the historical drill results within the recently acquired patented mining claims and highlight some of the copper, silver, gold and zinc grades within the Project.​Histo...