Magmatic - Hydrothermal System
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IDEX Completes Maiden Drill Program at the Freeze Property, Idaho & Provides Program Update and Technical Discussion
Thenewswireยท 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]