Intrepid Metals Corp. (TSXV: INTR) has provided additional details regarding its district scale, advanced exploration, and development copper property, the Corral Copper Project, in Cochise County, Arizona.
The project 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 copper with grades of up to 23%.
“Over 50,000m of drilling from 225 drill holes has been completed within the district, many with significant copper intercepts,” stated Ken Brophy, CEO of Intrepid.
“In addition, we also now have the benefit of the 2017 VTEM and ZTEM geophysical surveys that were acquired from Anglo American. The previous fragmented land ownership has acted as a barrier in the advancement of the development of the district, and we have now consolidated over 8,500 acres (3,440ha).”
The company expects drilling on the project to take place later this year after the historical data has been compiled into a new database. All the historical drill logs and assay data will be re-examined to distinguish the copper mineralization (e.g., supergene chalcocite, supergene oxide and primary sulphide zones) ahead of more detailed modelling.
This modelling will help guide Intrepid’s confirmation drill programme and enable the company to advance the project much quicker than a typical exploration drill campaign. The two cross sections below show the historical drill results within the recently acquired patented mining claims and highlight some of the copper, silver, gold, and zinc grades within the project.
“We have invested significant time to listen and engage with local area stakeholders and have been able to consolidate the key property segments required to move this project forward. We continue to be impressed by the data we have acquired as we begin to plan a targeted comprehensive drill programme for later this year and our team continues to refine our geological modelling using the latest technology and techniques to plan the drill programme.”
To find out more, please visit www.intrepidmetals.com
