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IDEX Metals Announces Investor Relations Agreement
Thenewswire· 2026-01-23 22:30
Core Insights - IDEX Metals Corp. has entered into a consulting agreement with Bunt Capital Corporation for investor relations services [1][2] - The agreement includes a monthly payment of US$15,000 and the granting of 200,000 stock options at an exercise price of $0.50 per share [3] - IDEX is focused on mineral exploration, particularly in the Idaho Copper District, with a commitment to advancing its base and precious metal projects [4] Consulting Agreement Details - Bunt Capital will provide capital markets advisory services, including strategy advice and coordination of roadshows and site visits [2] - The term of the consulting agreement is set for 6 months, subject to approval from the TSX Venture Exchange [3] - The stock options will vest in four tranches over a year, with 25% vesting at three, six, nine, and twelve months after issuance [3] Company Overview - IDEX Metals Corp. is primarily focused on the exploration and development of the Freeze Copper-Gold porphyry prospect in Idaho [4] - The company aims to redefine district-scale exploration in a top-tier mining jurisdiction surrounded by major industry players [4]
IDEX Drilling Confirms Scale of Copper Mineralization at Kismet Breccia Complex, Intersects 130.93 m of 0.40% Cu within 344 m of 0.30% Cu at the Freeze Project, Idaho, USA
Thenewswire· 2026-01-14 13:00
Core Insights - IDEX Metals Corp. announced positive drill results from its Freeze Copper-Gold-Molybdenum Project, confirming the scale and growth potential of the copper system [1][2][9] Drilling Highlights - Drill hole KSMT25004 intersected 130.93 meters of 0.50% CuEq (0.40% Cu, 1.87 g/t Ag, 89 ppm Mo) within 344.34 meters of 0.45% CuEq (0.30% Cu, 1.88 g/t Ag, 147 ppm Mo) [4][11] - Drill hole KSMT25003 intersected 57.10 meters of 0.65% CuEq (0.50% Cu, 3.14 g/t Ag, 140 ppm Mo) within 134.22 meters of 0.42% CuEq (0.34% Cu, 1.92 g/t Ag, 71 ppm Mo) [4][11] - The Kismet Breccia Complex remains open in all directions and at depth, indicating strong continuity of mineralization [4][8] Geological Context - The Freeze Project is located in the emerging Idaho Copper Belt, exhibiting geological characteristics similar to major porphyry-related systems globally [9][36] - The consistency and thickness of mineralization support the potential for Kismet to evolve into a district-scale copper system through systematic drilling [9] Upcoming Catalysts - Future activities include assay results from additional drill holes, geophysical results, and the completion of a property-wide model with defined porphyry copper drill targets for the 2026 exploration season [34]
IDEX Completes Maiden Drill Program at the Freeze Property, Idaho & Provides Program Update and Technical Discussion
Thenewswire· 2025-12-09 13:00
Core Insights - IDEX Metals Corp. has successfully completed its first drill campaign at the Freeze Property in Idaho, confirming the presence of a significant copper-bearing magmatic-hydrothermal system at the Kismet Breccia Target [1][3][5] Summary by Sections Drill Campaign Results - A total of 2,282 meters of drilling was conducted across 6 drillholes at the Kismet Breccia Target, with copper mineralization encountered in all holes [1][4] - The Kismet Breccia Complex has a lateral extent of 765 meters North-South and 135 meters East-West, with vertical continuity exceeding 500 meters, remaining open in all directions [4][6] Significant Discoveries - The final drillhole, KSMT25006, intersected the first intrusive-hosted mineralization on the Property, indicating a deeper magmatic-hydrothermal system [4][7] - Historical mineralization levels have been exceeded, with IDEX drilling returning 101 meters of 1.02% Cu from surface, compared to historical results of 40 meters at 0.83% Cu [6][20] Future Exploration Plans - The company plans to continue exploration at the Freeze Property, with a focus on understanding the connection between the Kismet Breccia and the North Breccia [5][20] - Additional drilling is anticipated in 2026, targeting high-priority areas based on the new project model developed from the recent drilling data [26][20] Technical Objectives - The primary goals of the drilling program were to confirm and expand the historical mineralization footprint and to explore for deeper porphyry-style copper deposits [5][6] - The results have established a cohesive picture of scale and continuity, reinforcing the potential for a major copper discovery at the Freeze Property [3][20]
IDEX Metals Expands Mineralized Footprint at Freeze Property with Discovery of New Breccia Zone and New Gold Zone
Thenewswire· 2025-11-06 13:00
Core Insights - IDEX Metals Corp. has discovered a second mineralized breccia body, the North Breccia, located 700 meters north of the Kismet Breccia Complex, along with a new gold-bearing zone, the Frostfall Zone, approximately 950 meters further north, indicating a potentially large magmatic-hydrothermal system at the Freeze Property [1][2][3] Exploration Zones - A total of 323 rock and 1,986 soil samples have been collected on the Freeze Property, revealing a metallogenic zonation with a copper-molybdenum system in the south/central section and a copper-gold system emerging in the northern area [2] - The North Breccia exhibits malachite and chalcopyrite mineralization in porphyritic granodiorite, expanding the mineralized footprint [3][4] - The Frostfall Zone returned a sample of up to 2.91 g/t Au, indicating a new structural gold trend north of Placer Creek [3][6] - The ongoing geophysical surveys, including MT, IP, and ELF, are aimed at further defining the mineralization potential and guiding future drilling [3][19] Geophysical Survey Insights - The 2025 MT survey has highlighted NW-SE resistivity trends linking Kismet, North Breccia, and Frostfall, outlining a connected intrusive-hydrothermal corridor along Hornet Creek [3][10] - The MT data indicates the presence of large anomalies across the Freeze Property, correlating with known intrusives and mineralization zones [10][14] Next Steps and Catalysts - The company is advancing its drilling program with KSMT25004 and KSMT25005, which are currently being processed for results, and further exploration field results are expected [20][31] - The planned ELF survey will complement the ongoing IP survey to map additional conductive features across the Freeze Property, enhancing exploration targeting [19][20] Corporate Developments - IDEX has entered into consulting agreements with Capital Analytica and Think Ink to enhance marketing and public relations efforts, with a total cash fee of $270,000 and stock options granted [21][27] - The company announced the resignation of Sharyn Alexander as Vice President of Corporate Development [29]
IDEX Metals Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2025-10-24 20:05
Core Viewpoint - IDEX Metals Corp. has successfully closed a non-brokered private placement offering, raising approximately $5.32 million through the issuance of 8,867,099 units at a price of $0.60 per unit, which reflects strong investor demand and confidence in the company's exploration efforts in Idaho [1][2]. Group 1: Offering Details - The offering consisted of 8,867,099 units priced at $0.60 each, generating gross proceeds of about $5,320,259 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.90 for 24 months [2]. - Finder's fees of $204,418.20 were paid, and 511,030 finder's warrants were issued under similar terms as the offering warrants [3]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated for exploration of mineral properties in Idaho and for general working capital [4]. Group 3: Company Overview - IDEX Metals Corp. is focused on advancing a portfolio of base and precious metal projects in Idaho, particularly the Freeze Copper-Gold porphyry prospect in the Idaho Copper District [7]. - The company aims to redefine district-scale exploration in Idaho, supported by a strategic land position and proximity to major industry players [7].
IDEX Metals Announces Upsize of Non-Brokered Private Placement of Units
Thenewswire· 2025-10-23 00:15
Core Points - IDEX Metals Corp. has increased its non-brokered private placement from $2,000,000 to $5,320,500 due to significant market demand [1] - The offering will consist of up to 8,867,500 units priced at $0.60 per unit, aiming for aggregate gross proceeds of up to $5,320,500 [1][2] - Each unit includes one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 per share for 24 months [2] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [5] - The offering is subject to customary conditions, including TSX Venture Exchange approval [4] Company Overview - IDEX Metals Corp. is focused on mineral exploration, particularly in base and precious metal projects in Idaho, USA [8] - The company is advancing the Freeze Copper-Gold porphyry prospect in the Idaho Copper District, surrounded by major industry players [8]
IDEX Metals Announces Non-Brokered Private Placement of Units
Thenewswire· 2025-10-15 21:00
Core Points - IDEX Metals Corp. announced a non-brokered private placement of up to 3,333,333 units at a price of $0.60 per unit, aiming for gross proceeds of up to $2,000,000 [1][3] - Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 for a period of 24 months [2][3] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [3] Company Overview - IDEX Metals Corp. is focused on advancing a portfolio of base and precious metal projects in Idaho, particularly the Freeze Copper-Gold porphyry prospect [6] - The company is positioned in a top-tier mining jurisdiction and is surrounded by major industry players, aiming to redefine district-scale exploration in Idaho [6]
IDEX Metals Intersects 101m of 1.02% Cu, 160m of 0.77% Cu and 251m of 0.54% Cu within 421m of 0.37% Cu from Surface, Including 1.96 g/t Ag, 192 ppm Mo, and 419 ppm W, at the Freeze Project, Idaho, USA
Thenewswire· 2025-10-07 12:00
Vancouver, B.C. – October 7th, 2025 – TheNewswire - IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that drillhole KSMT25002, recently completed by IDEX on the Freeze property (“Freeze” or the “Property”), intersected 101.0 m of 1.02% Cu, within wider zones of 160.1 m of 0.77% Cu and 420.8 m of 0.37% Cu (from surface). KSMT25002 was designed to test the Kismet Tourmaline Breccia target (“Kismet”) as part of the Company’s Phase I drill program, and followed up o ...
IDEX Metals Drills 182.25m of 0.32% Cu From Surface at the Kismet Tourmaline Breccia, Freeze Project, Idaho
Thenewswire· 2025-09-10 13:55
Vancouver, B.C. – TheNewswire - September 10, 2025 - IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that the first ever drillhole completed by IDEX on the Freeze property (“Freeze” or the “Property”) intersected 182.25 m of 0.32% Cu, from surface. The drill hole, KSMT25001, intersected variable intervals of oxide copper mineralization beginning at 1.5 metres downhole, with malachite, chalcocite, and chrysocolla occurring as supergene replacement of primary cha ...