Intrepid Metals Corp
Intrepid Metals is exploring the Corral Copper Project alongside the Tombstone South and Mesa Well properties in Cochise County, Arizona. The company has raised more than C$16.7 million cumulatively through April 2026, but that figure is a gross-raised total rather than a dated balance-sheet cash position, so cash is left unstated here; no debt has been found, but nil debt is not confirmed and so is left unstated rather than asserted.
Notable vs. Peers
- Financials score of 7.4/10 is stronger than the peer average of 5.5/10.
Lifecycle Milestones
Jurisdiction (40%)9/10
Arizona: Fraser PPI 2025 is 90.73 of 100 (rank 10 of 68), which maps to 9 on this site's scale. Cochise County, Arizona, USA — a top-tier US mining jurisdiction.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Corral Copper Project, Tombstone South & Mesa Well, Cochise County, Arizona (checked Oct 1, 2026; recheck due Mar 30, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)8.5/10
Johnson Camp (Gunnison Copper Corp.) is 42 km away -- within regional-platform range.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score:8.7/10
Teck Resources Limited holds 9.9% (reported 23 Dec 2025) See holders
An operating producer's stake scores 8 at 5%, rising to 10 at 20% (the take-over-bid threshold) and holding there up to 50%.
Weight 25% · 34% here - Distance to a producing mineSub-score:5.8/10
Nearest producing mine: Johnson Camp (Gunnison Copper Corp.), 42 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 31% here - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 20% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 9% here - CommoditySub-score:8/10
Primary commodity: Copper
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 6% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chairman and Interim Chief Executive Officer of Intrepid Metals Corp., assumed March 2026. 30+ years' experience in mineral exploration, corporate development and capital markets. Co-founded Contact Gold, a TSX-V listed gold company focused on developing oxide gold resources in Nevada, serving as President, CEO and Director from its 2017 inception until its acquisition by Orla Mining in April 2024.
President of Intrepid Metals Corp., appointed June 2026. 25+ years in the natural resources sector, focused primarily on advancing and de-risking development-stage projects, building and leading teams, and managing indigenous, government and stakeholder relations.
Vice President Corporate Development of Intrepid Metals Corp. Two decades of experience in public markets, with a track record in corporate communications, corporate development, marketing and finance in the mining sector; career contributions include Liberty Gold Corp, Excelsior Mining Corp (now Gunnison Copper Corp.), Alderon Iron Ore Corp and Candente Copper (now Alta Copper).
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Teck Resources Limited closed a strategic 9.9% cash investment in Intrepid Metals (8,800,000 shares) on 23 December 2025 -- a producer stake. Crescat Portfolio Management holds a further 2.39%. Founder and director Mark Joseph Morabito bought 571,430 shares on the open market on 28 October 2025, the only insider transaction on file.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Intrepid Metals is exploring the Corral Copper Project, together with the Tombstone South and Mesa Well properties, in Cochise County, Arizona. In August 2026 it filed an independent NI 43-101 technical report on Corral, effective 5 August 2026, and in September 2026 it began a 10,000-metre drill program with Major Drilling as contractor. About half of the roughly 20 planned holes are designed to expand near-surface carbonate replacement-style copper-gold-silver mineralisation already identified across the project, and the rest are the first porphyry copper-gold drill tests at Corral. The company has not published a mineral resource estimate.