Vancouver, B.C. – February 25th, 2026 – IDEX Metals Corp. ($IDEX) is excited to announce the final assay results from drill holes KSMT25005 and KSMT25006 at its 100%-owned Freeze Copper-Gold-Molybdenum Project located in Idaho, USA. The 2025 drill program successfully confirmed continuous mineralization across the Kismet Breccia Complex, with significant copper intersected in all six drill holes.
The drilling demonstrated that the Freeze system extends from a surface-exposed tourmaline breccia complex into deeper intrusive-hosted mineralization. Notably, drill hole KSMT25006 intersected intrusive-hosted copper-molybdenum mineralization, indicating a key geological transition within the system after penetrating a pyrite-rich shell. Increasing molybdenum grades and molybdenite-chalcopyrite-bearing vein networks at the bottom of the hole suggest proximity to a deeper magmatic-hydrothermal source.
These geological observations are backed by new induced polarization (IP) and Magnetotelluric/Extremely Low Frequency (MT/ELF) geophysical data, defining a large, coherent conductivity anomaly at depth beneath the Kismet and North Breccia trend. This represents a priority porphyry target for drilling in 2026.
Clayton Fisher, CEO of IDEX Metals Corp., stated, “Our 2025 drill program clearly demonstrated the consistent presence of copper mineralization from surface to depth across an emerging porphyry prospect at Freeze.” He emphasized the significance of the intrusive-hosted copper-molybdenum intersection in KSMT25006, adding, “The increasing molybdenum grades and molybdenite veining at the bottom of that hole provided the geological indicators we want to see as we vector towards a deeper magmatic source.”
Drill hole KSMT25005 was drilled to evaluate the eastern extent of the Kismet Breccia Complex and was completed to a depth of 287.43 meters. The hole intersected a clast-supported breccia hosting oxide copper mineralization derived from the alteration of primary chalcopyrite with rare bornite.
KSMT25006, the final hole of the 2025 campaign, was aimed at testing the northern extent of the Kismet Breccia Complex and its potential connection to the North Breccia Zone. The hole reached a total depth of 428.55 meters and revealed a magmatic breccia sequence at the surface, transitioning to porphyritic granodiorite at depth, strongly altered by quartz-sericite-pyrite.
The integrated evaluation of lithology, alteration, and geochemistry at the bottom of KSMT25006 indicates a vector towards a potential heat source, bolstered by increasing molybdenum values and localized potassic alteration. This supports the hypothesis of a deeper, mineralized magmatic-hydrothermal system within the broader Kismet corridor.
Additionally, IDEX conducted an IP survey during the 2025 season, which identified several conceptual targets for further exploration in 2026. The IP data revealed a broad, mildly-chargeable feature coinciding with the Kismet tourmaline breccia complex, interpreted to represent the flank of a magmatic-hydrothermal system.
The results from the joint MT and ELF survey further outlined a coherent geophysical system centered on the Kismet corridor, indicating the potential presence of a large, deep-seated magmatic-hydrothermal system.
As IDEX progresses with its plans for the 2026 exploration program, the focus will be on systematically testing the interpreted porphyry source underlying the Kismet Corridor and defining the scale of the broader magmatic-hydrothermal system at Freeze. For more insights, visit Inside Ticker.