Four Drill Holes Completed At The Ringo Zone

VANCOUVER - Intrepid Metals Corp. reported on the first diamond drill hole of its 2025 exploration program at the Company's Corral Copper Property in Cochise County, Arizona. To date, four drill holes have been completed at the Ringo Zone and assay results have been received from one of the four drill holes.

Hole CC25_026 - 142.30 meters (m) of 0.51% Copper (Cu), 0.17 grams per ton (gpt) Gold (Au) and 4.01 gpt Silver (Ag) (0.69% Copper Equivalent (CuEq1), including: 1) 84.90m of 0.79% Cu, 0.26 gpt Au and 6.18 gpt Ag (1.06% CuEq1). 2) 17.65m of 2.72% Cu, 0.58 gpt Au and 18.16 gpt Ag (3.30% CuEq1). 3) 5.45m of 4.91% Cu, 1.25 gpt Au and 31.74 gpt Ag (6.09% CuEq1). 4) 3.70m of 6.43% Cu, 1.78 gpt Au and 40.62 gpt Ag (8.07%CuEq1). 5) 0.55m of 27.50% Cu, 10.15 gpt Au and 192 gpt Ag (36.54 CuEq1).

"We're very pleased with the strong start to our 2025 drill program, building on the exceptional results we achieved at Corral last year," said Ken Engquist, CEO. "The initial hole at the Ringo Zone continues to highlight the scale and continuity of copper mineralization across the property, and we look forward to sharing more results soon. With drilling soon moving to the Holliday and Earp Zones, we're excited to advance what we believe is one of the most compelling emerging copper projects in the Southwest, continuing to deliver value to our shareholders.”