Intrepid Metals publishes investor presentation on Arizona high-grade copper exploration strategy
Reuters2026/08/05 20:57- Intrepid Metals investor presentation outlined a strategy to define a high-grade, district-scale copper deposit in Arizona, focused on Corral Copper.
- Corral drilling highlights included 112.95 m at 1.5% Cu in CC24_023, including 1.4 m at 20.2% Cu.
- Teck Resources held 12.8% equity, secured 2 of 4 technical committee seats, retains participation rights up to 19.9%.
- Capital structure as of July 31, 2026: 123,600,000 shares outstanding; market capitalization about $90 million; gross proceeds of C$ 19.1 million since December 2025.
- 2026 Corral plan targets porphyry and CRD extensions, including about 10,000 m of diamond drilling starting in September.
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