Intrepid Metals Corp. announced that the drill rig for the upcoming initial 5,000 meter ("m") program has arrived on site at the Corral Copper Property ("Corral" or the "Property") in Cochise County, Arizona. The 5,000m (23 hole) diamond drill program is expected to start at the Holliday Zone (previously Courtland North), where 7 holes (roughly 1,200m) are planned.

The drill program will then continue on to the Earp Zone (previously Courtland South), where 5 holes (roughly 900m) are planned and finally to the Ringo Zone (previously Man), where the final 11 holes (roughly 2,900m) are planned. The leapfrog model image above is derived from drill results that are historical in nature and based on assay information from independent laboratory Skyline Assayers & Laboratories. Intrepid has not yet undertaken any independent investigation of the sampling nor has it independently analyzed the results of the historical exploration work in order to verify the results.

Intrepid considers these historical drill results relevant, as the Company will use this data as a guide to plan future exploration programs. Intrepid is confident that by combining modern exploration techniques with historical data and with a clear focus on responsible development, the Corral Copper Property can quickly become an advanced exploration stage project and move towards development studies.