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Intrepid Metals Introduces the Corral Copper Project, a New District Scale, Exploration Project in Arizona
Over 50,000 metres of historical drilling has been completed within the district, with significan...
About this update from Intrepid Metals Corp.
[{"type":"text","content":"Intrepid Metals Introduces the Corral Copper Project, a New District Scale, Exploration Project in ArizonaOver 50,000 metres of historical drilling has been completed within the district, with significant shallow copper intercepts, including 126.2 metres of 1.24% copperA robust land package of over 8,500 acres (13 square miles) of mineral rights and over 1,700 acres of surface rights and ownership from patented rightsAnglo American retains an interest on a portion of the projectVANCOUVER, BC / ACCESSWIRE / February 28, 2023 / Intrepid Metals Corp. (TSXV:INTR) (\"Intrepid\" or the \"Company\") is pleased to introduce its new district scale, advanced exploration copper property, the Corral Copper Project, in Cochise County, Arizona. The project area is located approximately 20 miles from the Company's Tombstone South property and has over 50,000 metres (\"m\") of drilling, with shallow mineralization of copper, silver, zinc, and gold.FIGURE 1: Aerial View of Corral Copper Showing Road Access\"After many months of developing relationships with local stakeholders, we are very pleased to introduce the Corral Copper Project in Cochise County, Arizona,\" said Ken Brophy, CEO of Intrepid. \"We are excited to have secured such a robust land package in an area with historical mining that includes patented mining claims, private surface rights, federal mineral claims and Arizona State Mineral Exploration Permits.\"\"There has been considerable interest from both junior exploration and large mining companies - including Anglo American - however, fractured land ownership structures, and a variety of commercial disputes in the district, have previously acted as a barrier in the advancement of the district,\" continued Brophy. \"We have invested significant time to learn from local stakeholders about the fragmented land ownership and historical conflicts as we take steps to consolidate key land positions. This area is one which we have been interested in since completing our change of business in May of 2022 and believe it will be a great strategic fit with our Tombstone South and Mesa Well properties, as we remain focused on drill ready copper and silver projects within a tier one mining state like Arizona.\"Consolidation of the DistrictIntrepid has concluded transactions for 100% ownership with two of the largest individual land holders in t...