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INTREPID METALS CORP - IMTCF STOCK NEWS

Welcome to our dedicated page for INTREPID METALS news (Ticker: IMTCF), a resource for investors and traders seeking the latest updates and insights on INTREPID METALS stock.

About Intrepid Metals Corp (IMTCF)

Intrepid Metals Corp is a Canadian mineral exploration company dedicated to discovering and developing high-grade essential metals, including copper, silver, lead, and zinc. Operating primarily in southeastern Arizona, USA, the company strategically focuses on acquiring and advancing drill-ready projects in proximity to established mining jurisdictions. Intrepid's portfolio includes three key properties: the Corral Copper Project, the Tombstone South Project, and the Mesa Well Project, each offering significant exploration potential in historically productive mining regions.

Core Projects

  • Corral Copper Project: Located in Cochise County, Arizona, this advanced exploration property spans a 3.5 by 1.5 km mineralized footprint. It is characterized by shallow, high-grade copper-gold-silver-zinc carbonate replacement deposits (CRD), skarn, and related porphyry copper mineralization. Intrepid's initial drill program at Corral has revealed substantial mineralization across the Holliday, Earp, and Ringo zones, with ongoing exploration leveraging modern techniques such as gravity surveys and machine learning to identify new high-priority drill targets.
  • Tombstone South Project: Situated within the historic Tombstone mining district, this property shares geological similarities with the Taylor Deposit, which was acquired for $1.3 billion in 2018. While historical production in the region underscores its potential, Intrepid is focused on exploring structurally and stratigraphically controlled mineralization, including silver, zinc, and lead.
  • Mesa Well Project: Located in the heart of the Laramide Copper Porphyry Belt, this drill-ready property covers approximately 6,550 acres. Positioned between major deposits owned by BHP, Freeport-McMoRan, and Asarco, Mesa Well is a promising exploration target for porphyry copper mineralization.

Strategic Positioning

Intrepid Metals operates in a highly competitive landscape, with major mining companies like Rio Tinto and Ivanhoe Electric recently acquiring mineral rights adjacent to its Corral Copper Project. This underscores the strategic importance of Intrepid's land holdings and highlights its potential to contribute to the next district-scale copper opportunity in North America. By combining historical data with cutting-edge exploration technologies, Intrepid aims to maximize the economic potential of its properties while adhering to responsible development practices.

Exploration Expertise

Intrepid has assembled a team of seasoned professionals with extensive experience in mineral exploration, development, and permitting within North America. The company's technical team employs advanced geological and geophysical methods, including 3D modeling, satellite-based alteration studies, and detailed surface mapping, to refine its understanding of mineralized systems and guide future exploration efforts.

Commitment to Responsible Development

While Intrepid Metals is in the exploration and development phase, its approach emphasizes responsible resource development, leveraging private land holdings to minimize regulatory complexities and environmental impact. The company's focus on essential metals aligns with global demand for critical materials used in renewable energy, electrification, and industrial applications.

Market Presence

Intrepid Metals Corp is publicly traded on the TSX Venture Exchange under the symbol "INTR" and on the OTCQB Venture Market under the symbol "IMTCF." Its strategic focus on high-grade, drill-ready projects in Arizona positions the company as a significant player in the exploration sector, attracting interest from major industry players and investors alike.

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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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Intrepid Metals Corp. (TSX.V:INTR)(OTCQB:IMTCF) announces the appointment of Mr. Ken Engquist to its Board of Directors, effective November 8, 2023. Engquist brings 30 years of leadership and development experience in the mining sector, with extensive knowledge and expertise in project evaluation, market sensitivities, economics, and strategic drivers. He was granted incentive stock options to purchase 150,000 common shares of Intrepid at an exercise price of $0.25 per share.
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Intrepid Metals Corp continues compilation work and drill planning on its Corral Copper Project after acquiring the MAN Property.
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FAQ

What is the current stock price of INTREPID METALS (IMTCF)?

The current stock price of INTREPID METALS (IMTCF) is $0.30064 as of February 28, 2025.

What is the market cap of INTREPID METALS (IMTCF)?

The market cap of INTREPID METALS (IMTCF) is approximately 14.3M.

What does Intrepid Metals Corp specialize in?

Intrepid Metals Corp specializes in exploring and developing high-grade essential metals such as copper, silver, lead, and zinc in southeastern Arizona, USA.

Where are Intrepid Metals Corp's key projects located?

Intrepid's key projects—Corral Copper, Tombstone South, and Mesa Well—are located in Cochise County, Arizona, within established mining jurisdictions.

What is the significance of the Corral Copper Project?

The Corral Copper Project is an advanced exploration property with a 3.5 by 1.5 km mineralized footprint, hosting shallow, high-grade copper-gold-silver-zinc mineralization.

How does Intrepid Metals differentiate itself in the mining industry?

Intrepid combines historical data with modern exploration techniques, such as gravity surveys and machine learning, to identify high-priority drill targets and maximize resource potential.

What is Intrepid Metals' trading symbol?

Intrepid Metals Corp is traded on the TSX Venture Exchange under the symbol 'INTR' and on the OTCQB Venture Market under the symbol 'IMTCF'.

How does Intrepid approach responsible development?

Intrepid focuses on private land holdings to reduce regulatory complexities and environmental impact, emphasizing responsible resource development.

What metals does Intrepid Metals Corp explore?

Intrepid explores for copper, silver, lead, and zinc, which are critical for renewable energy, electrification, and industrial applications.

What is the Tombstone South Project?

The Tombstone South Project is located in the historic Tombstone mining district and shares geological similarities with the Taylor Deposit, a significant acquisition in 2018.

What exploration methods does Intrepid use?

Intrepid employs advanced methods like 3D modeling, satellite-based alteration studies, and surface mapping to refine its geological understanding and guide exploration.

Why is the Mesa Well Project significant?

The Mesa Well Project, located in the Laramide Copper Porphyry Belt, is a drill-ready property situated near major deposits owned by industry leaders like BHP and Freeport-McMoRan.
INTREPID METALS CORP

OTC:IMTCF

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IMTCF Stock Data

14.32M
35.90M
23.93%
5.17%
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