Underlying Near Surface MineralizationAt Corral Copper Property

VANCOUVER – Intrepid Metals Corp. reported on two additional diamond drill holes from the Ringo Zone, part of the ongoing 2025 drill campaign at the Company’s Corral Copper Property in Cochise County, Arizona. To date, Intrepid has competed nineteen drill holes (5344.20 meters (m)) across the Ringo, Earp and Holliday zones, with a twentieth hole currently underway.

“These new results highlight the momentum we’re building at Corral and continue to provide compelling evidence for a significant porphyry system underlying the near-surface mineralization, further enhancing the potential scale of the property,” said Mark Morabito, Chairman and CEO. “The continuity and strength of mineralization we are encountering underscores the potential for a large, scalable deposit in one of the most attractive copper jurisdictions in the U.S. Each round of drilling not only increases our confidence in the geological model but also positions Intrepid to unlock substantial value for shareholders. With the industry interest in the Property increasing, we believe that Corral is rapidly emerging as a district-scale opportunity capable of attracting strategic attention while cementing our role as a leading player in the Southwest copper space.”