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Intrepid Metals Completes Geophysical Survey at Tombstone South Property
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2022) - Intrepid Metals Corp. (TSXV: I...
About this update from Intrepid Metals Corp.
[{"type":"text","content":"Intrepid Metals Completes Geophysical Survey at Tombstone South PropertyVancouver, British Columbia--(Newsfile Corp. - May 10, 2022) - Intrepid Metals Corp. (TSXV: INTR) (\"Intrepid\" or the \"Company\") is pleased to announce that it has completed a ground-based geophysical survey on its Tombstone South Property (the \"Property\" or \"Tombstone South\") located in Cochise County, Arizona. An induced polarization (\"IP\") geophysical survey was completed by Zonge International, Inc. who previously conducted a Natural Source Audio-Frequency Magnetotelluric survey (NSAMT) on the property in 2007. \"Following the completion of the change of business and the closing of our recent financing, we are excited to start groundwork at Tombstone South in preparation for our drill program in the months ahead,\" states Ken Brophy, Company CEO. \"We asked our technical team to complete a thorough review of all the available data on the Property and it was recommended we complete a large dipole IP geophysical survey in an attempt to directly target concentrations of iron and lead sulfides, consistent with Carbonate Replacement deposits ('CRD') and skarn mineralization analogous to South 32's Taylor Deposit. We anticipate the results from the IP survey will enable Intrepid to prioritize the permitted drill hole locations and identify new proposed target areas for the upcoming drill program.\"The geophysical survey consisted of one line using standard 7-electrode dipole-dipole arrays with dipole lengths of 450 meters, which may provide over 1000-meter depth penetration in order to target polymetallic CRD's in the Cretaceous rocks of the Bisbee Group and skarns at the Cretaceous - Paleozoic contact, the two exploration targets that exist at Tombstone South. Tombstone South PropertyThe Tombstone South Property is located approximately 5.6 kilometers (\"km\") southwest of the town of Tombstone, Arizona, USA which occupies the center of the historic Tombstone Mining District (over 30M ounces of silver produced). The Property is easily accessible via two hours of driving on paved highway from Tucson, Arizona and is approximately 113 km southeast of Tucson, Arizona. The Property consists of 39 unpatented federal mining claims and six Arizona State Prospecting Permits comprising a total of 1,335 hectares.The main Tombstone District is well-known for hig...