Intrepid Metals presents 10,000-meter drilling program at Corral Copper Project
TECK•Intrepid Metals has commenced a 10,000-meter drilling program at its Corral project in Arizona. Financing and warrant exercises generated CAD 19.1 million since December 2025, including an CAD 8.1 million investment by Teck Resources, which now owns 12.6%.
1. Drilling and financing
Intrepid Metals has commenced a 10,000-meter drilling program at Corral in Arizona, targeting porphyry copper-gold mineralization and expansion of carbonate replacement deposits. The company said financing and warrant exercises generated CAD 19.1 million in gross proceeds since December 2025; Teck Resources invested CAD 8.1 million and holds 12.6% following warrant exercises.
2. Tombstone South proposal
A proposed program at Tombstone South would target 4,000 meters across four to five holes during winter 2026/2027.
