Intrepid Metals Corp. (TSXV: INTR | OTCQB: IMTCF) has continued compilation work and drill planning on its 100% controlled Corral Copper Project, in Arizona, USA following its recent option agreement to acquire the MAN Property.
With the addition of the MAN Property, the Corral Copper Project contains a 3km trend of pre-established mineralization with several high-grade historical diamond drill hole results. The area includes 50,000m of historical drilling data, with shallow high-grade mineralization of copper, gold, and silver.
“Most of the 3km mineralized trend occurs within our patented mining claims, which minimizes permit approvals. The MAN portion of our property is within Bureau of Land Management (BLM) lands, where Intrepid also controls the surface rights which is advantageous for permitting,” said Ken Brophy, CEO of Intrepid.
“None of the historical drill core is available for the property and new drilling must be completed to confirm the historical records can be relied upon. Intrepid intends to conduct Phase I exploration drilling to confirm historical drill intercepts, establish oxidation depths and test copper, gold, and silver grades as well as continuity.”
The recently acquired MAN Property hosts 19,449m of historical assay data, including high-grade intercepts of:
- Hole 28_11: 19.0% Cu over 0.46m
- Hole M_05: 12.7% Cu over 1.07m
- Hole M_35: 13.0% Cu over 1.22m within 0.73% Cu over 74.98m
- Hole M_01: 8.3% Cu over 1.22m within 2.14% Cu over 38.7m
The Corral Copper Project is a district scale advanced exploration and development opportunity in Cochise County, Arizona. Corral Copper is located 15 miles east of the famous mining town of Tombstone and 22 miles north of the historical Bisbee mining camp which has produced more than 8Blbs of Cu with grades of up to 23%.
The Corral Copper Project is made up of the Cave Creek Property, MAN Property, Excelsior Property, and certain other mineral claims which Intrepid either owns, or has the right to acquire under the terms of option agreements.
For further information, please visit: www.intrepidmetals.com
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