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Intrepid Metals Corp. (IMTCF) is a Canadian company with a focus on exploring high-grade essential metals like copper, silver, lead, and zinc mineral projects in southeastern Arizona, USA. The company's operations include acquiring drill-ready projects such as the Corral Copper Project, Tombstone South Project, and Mesa Well Project in Cochise County, Arizona.
The Corral Copper Project, a district scale advanced exploration opportunity, has shown promising results with a trend of near-surface carbonate replacement mineralization, reaffirming the economic potential of the property. Intrepid Metals, under the leadership of CEO Ken Brophy, has successfully completed a 5,000-meter initial drill program at Corral Copper, demonstrating robust grades of copper and gold, paving the way for future exploration and development.
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Intrepid Metals Corp. announces progress on the Holliday Zone drill program at the Corral Copper Property in Arizona. The company has completed 4 drill holes covering 1km, with initial results expected in late March or early April. The 5,000m drill program will consist of 23 holes across 3 main zones. Core from the first 2 holes has been sent for analysis, showing promising mineralization. CEO Ken Brophy expresses optimism for shareholder value creation.
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Intrepid Metals Corp. (IMTCF) announces the commencement of a 5,000-meter core drilling program on the Corral Copper Property in Arizona. The program aims to confirm historical results and extend mineralization, expected to take four months to complete. CEO Ken Brophy expresses excitement over the potential value creation for the company and shareholders.
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Intrepid Metals Corp. (IMTCF) announces the extension of 3,838,125 share purchase warrants with an exercise price of $0.70 per share until October 31, 2024. The Company also grants 1,470,000 stock options at $0.64 each, expiring on February 12, 2029.
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Intrepid Metals Corp. terminates investor relations agreement with Planet Ventures Inc. and seeks replacement service provider.
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Intrepid Metals Corp. announces the arrival of the drill rig for a 5,000 meter program at the Corral Copper Property in Arizona. The company is well-positioned after consolidating the property and completing a $6.6 million financing. The initial drill program aims to de-risk the property and create value for shareholders.
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Intrepid Metals Corp. (TSXV:INTR)(OTCQB:IMTCF) Announces Share Consolidation and Private Placement with Leocor Gold Inc.
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Intrepid Metals Corp. (TSXV:INTR)(OTCQB:IMTCF) announces a restructured $3 million non-brokered private placement with Leocor Gold Inc. (CSE:LECR) to avoid Leocor becoming a 'control person' and to facilitate the completion of the Offering without shareholder approval. The restructured Offering consists of 6,600,000 units and 2,223,529 pre-funded special warrants units, providing the full $3 million in gross proceeds. Leocor will have the right to nominate two directors to Intrepid's Board of Directors. Intrepid also engages Planet Ventures Inc. for investor relations and corporate communications services.
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Intrepid Metals Corp. (TSX.V:INTR)(OTCQB:IMTCF) announces non-brokered private placement with Leocor Gold Inc. (CSE: LECR) for gross proceeds of $3 million and plans to conduct a secondary offering for up to $2 million. Leocor will have the right to nominate two directors to the Board of Directors of Intrepid. The net proceeds will be used for exploration expenditures and general working capital.
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Intrepid Metals Corp. (TSXV:INTR)(OTCQB:IMTCF) has acquired a 100% interest in the MAN Property within its Corral Copper Project, adding a 3 km long mineralized trend and 9,600 acres to its portfolio. The deal includes $2.26 million in cash payments and 12,000,000 shares to Mining and Mineral Opportunity Ltd. The acquisition consolidates fragmented land ownership, unlocking the value within the district for exploration and development.
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Intrepid Metals Corp. (TSXV:INTR)(OTCQB:IMTCF) Announces Non-Brokered Private Placement Offering of 12,500,000 to 15,600,000 Units at $0.20 Per Unit, with Each Unit Consisting of One Common Share and One-Half of One Common Share Purchase Warrant. The Offering Aims to Raise a Minimum of $2.5 Million and a Maximum of $3.12 Million for Exploration Expenditures and General Working Capital. The Company Plans to Close the Offering on or around December 1, 2023, Subject to TSX Venture Exchange Approval.
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FAQ
What is the current stock price of INTREPID METALS (IMTCF)?
The current stock price of INTREPID METALS (IMTCF) is $0.32 as of September 5, 2024.
What is the market cap of INTREPID METALS (IMTCF)?
The market cap of INTREPID METALS (IMTCF) is approximately 14.3M.
What is the focus of Intrepid Metals Corp.?
Intrepid Metals Corp. focuses on exploring high-grade essential metals such as copper, silver, lead, and zinc mineral projects in southeastern Arizona, USA.
What are some of the projects Intrepid Metals is involved in?
Intrepid Metals has acquired or has agreements to acquire several drill-ready projects, including the Corral Copper Project, the Tombstone South Project, and the Mesa Well Project in Cochise County, Arizona.
Who is the CEO of Intrepid Metals Corp.?
Ken Brophy is the CEO of Intrepid Metals Corp., leading the company's exploration efforts in the mining sector.
What recent achievements has Intrepid Metals Corp. celebrated?
Intrepid Metals Corp. successfully completed a 5,000-meter initial drill program at the Corral Copper Project, showcasing robust grades of copper and gold, affirming the economic potential of the property.
How has Intrepid Metals Corp. contributed to the mining industry?
Intrepid Metals Corp. has demonstrated significant progress in exploring and developing high-grade essential metal projects, particularly in the southeastern Arizona region, positioning itself as a key player in the mining sector.
INTREPID METALS CORP
OTC:IMTCF
IMTCF Rankings
IMTCF Stock Data
14.35M
31.92M
19.93%
5.58%
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