Intrepid Metals Launches Phase 1 Exploration Program; Continued Strong Warrant Exercise Participation

Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) ("Intrepid" or the "Company") is pleased to announce the commencement of a comprehensive geochemical campaign and detailed geological mapping as part of its Phase 1 2026 Exploration Program (the "Program") at the Company's Corral Copper Property ("Corral" or the "Property") in Cochise County, Arizona, as previously outlined in its April 21, 2026 news release. The current campaign will focus on refining the geological framework to better prioritize areas for a substantial drill program later this year The drill program is expected to comprise a combination of deeper holes targeting porphyry mineralization and shallower drilling designed to delineate additional zones of CRD mineralization identified in previous exploration campaigns.