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Intrepid Metals Completes Consolidation of Established Copper and Gold Mineralized Trend in Arizona
Signs an agreement to acquire a 100% interest in the MAN Property in Cochise County, Arizona M...
About this update from Intrepid Metals Corp.
[{"type":"text","content":"Intrepid Metals Completes Consolidation of Established Copper and Gold Mineralized Trend in ArizonaSigns an agreement to acquire a 100% interest in the MAN Property in Cochise County, ArizonaMAN Property hosts 80 previous drill holes and 19,449 meters of assay data, within 622 acres of patented mining claims and BLM lode claimsSeveral high-grade copper and gold intercepts from historic drilling, including;Hole 28_08 included 53.03 meters of 1.63% Cu and 1.45 g/t AuHole 28_01 included 72.03 meters of 0.75% Cu, 0.34 g/t Au and 14.47 g/t AgWith the addition of the MAN Property, the Corral Copper Project now totals over 9,600 acres (15 Square miles), including 1,800 acres of patented mining claims and surface rightsVANCOUVER, BC / ACCESSWIRE / September 12, 2023 / Intrepid Metals Corp. (TSXV:INTR) (OTCQB:IMTCF) (\"Intrepid\" or the \"Company\") is pleased to announce it has entered into an option agreement (the \"Agreement\") to acquire a 100% interest in the MAN Property (the \"Property\") from Mining and Mineral Opportunity Ltd. (\"MMO\") completing a pivotal land consolidation exercise of an established trend of known mineralization within its Corral Copper Project, in Cochise County, Arizona. The Corral Copper Project area is located approximately 20 miles from the Company's Tombstone South property and includes 50,000 metres (\"m\") of historical drilling data, with shallow mineralization of copper, silver, gold, and zinc.FIGURE 1: Aerial View of Historical Mining Activity at Corral Copper Project \"This latest acquisition will effectively complete the consolidation of a 3 km trend of known copper, gold, silver and zinc mineralization within our larger Corral Copper Project area,\" said Ken Brophy, CEO of Intrepid. \"I would like to thank everyone involved in concluding the agreement for this transaction as we can now begin to meaningfully unlock the value within the district. We will now control over 9,500 acres, with 1,800 acres made up of patented mining claims and additional surface rights that host the mineralized trend. With the historical assay data to guide us, we are excited to start drilling Corral and quickly move the historical drilling to NI 43-101 standards.\"\"When I brought Intrepid to the market in 2022, it was my hope that we would be able to do what others had failed to do: namely consolidate this district, w...