Ophir Completes Review and Initiates Exploration Restart at the Breccia Gold Project in Idaho

Core Viewpoint - Ophir Metals Corp. is repositioning its Breccia Gold Property as a cornerstone asset amid rising gold prices and increasing investor demand for North American precious metal projects [3][11]. Summary by Sections Property Overview - The Breccia Gold Property consists of 52 claims covering approximately 1,043 acres (422 hectares) in the Blackbird Mining District, located about 40 kilometers southwest of Salmon, Idaho [26]. - The property is accessible via paved highways and well-maintained gravel roads, and it includes the historical Gahsmith Gold Mine [26]. Geological and Mineralization Insights - The Breccia Gold Property is supported by a robust geological model and is on trend with the contiguous Challis Gold Project, with surrounding claims showing historical high-grade drilling results [4]. - Recent geophysical data, including CSAMT and magnetic surveys, indicate a continuous resistivity corridor associated with previously drilled gold mineralization, suggesting a structurally controlled system open for expansion [4][21]. - Drill hole BG21-004, located just meters from the property border, returned significant results of 13.02 g/t Au and 46.6 g/t Ag over 7.4 meters, indicating that the mineralized structure likely extends onto the property [5][8]. Exploration and Future Plans - The company is planning a 2026 exploration program focused on refining and testing new drill targets along the CSAMT-defined structural corridor and the northern breccia discovery area [19]. - Recent fieldwork has identified potential for parallel mineralized corridors extending north and east of the main Breccia Gold Zone, with a new breccia outcrop discovered approximately 800 meters north-northwest of the zone [9][10]. - The exploration program will include detailed geological mapping, channel sampling, and integration of CSAMT and historical drill data into a 3D geophysical-geological model [22]. Historical Context and Data Integration - A comprehensive review of historical and modern datasets has enhanced the understanding of structural and lithologic controls on mineralization, showing a clear relationship between high-grade gold intercepts and resistivity anomalies [7]. - The property has a history of exploration dating back to the 1930s, with significant low-sulfidation, epithermal gold system indications from recent exploration activities [26].