IDEX Metals Corp. (TSXV: IDEX / OTCQB: IDXMF) has released initial 2026 assay results from its Freeze Property in Washington County, Idaho, highlighted by 92.97 m of 0.39% copper (0.67% CuEq) from 247.05 m in hole KSMT26012 at the Kismet Target. The company also reports that its first drill hole at the new Shiver Target has intersected features indicative of a nearby magmatic-hydrothermal system, extending a mineralised corridor to nearly 3 km. The results span three aligned targets — Kismet, Solstice, and Shiver — most of which remains undrilled, a development investors may be watching closely.

Key Points

  • IDEX Metals Corp. (TSXV: IDEX / OTCQB: IDXMF) is a mineral exploration company focused on the Freeze Copper-Gold porphyry project in Idaho, USA.
  • Hole KSMT26012 at Kismet returned the best copper grades of the 2026 programme to date: 92.97 m of 0.39% Cu (0.67% CuEq), including 25.40 m of 0.96% Cu (1.38% CuEq).
  • The Shiver Target, 1.6 km north-northeast of Solstice, has returned visual evidence of QSP alteration and D-type quartz-pyrite veins; assays are pending.
  • Investors may watch for pending assays from holes KSMT26013 through KSMT26018, including the Solstice porphyry discovery hole KSMT26016.

KSMT26012 Extends High-Grade Copper to Depth at Kismet

Hole KSMT26012 was drilled to 502.62 m and targeted the Kismet Breccia Complex at greater depth than previous drilling. The main copper interval of 92.97 m of 0.39% Cu, 308 ppm molybdenum, and 2.04 g/t silver (0.67% CuEq) begins at 247.05 m and coincides with the top of a potassic-altered breccia body. Within this interval, the company reports 6.97 m of 1.50% Cu, 430 ppm Mo, and 11.04 g/t Ag (2.00% CuEq). Elevated tungsten was also recorded, with 50.27 m of 526 ppm W (0.066% WO3) overlapping the main copper zone. The release states mineralisation remains open to the north, east-southeast, and at depth.

Shiver Target Signals a Nearly 3 km Mineralised Corridor at Freeze

Hole KSMT26020, the first drill test at Shiver, encountered porphyritic granodiorite — the same intrusive host identified at Solstice — at 55 m depth. QSP-altered granodiorite with D-type quartz-pyrite veins was logged from 189.4 to 196.0 m. The company's interpretation is that these features indicate proximity to a magmatic-hydrothermal system, though the release cautions these are preliminary visual observations and not a substitute for laboratory analysis. With Shiver lying approximately 2.8 km north-northeast of Kismet, all three targets — Kismet, Solstice, and Shiver — are now aligned along a north-northeast corridor, most of which has never been drilled.

Broad Copper-Tungsten Mineralisation Reported Across Additional 2026 Holes

Beyond KSMT26012, the initial 2026 assay batch covers holes KSMT26007 through KSMT26011. Hole KSMT26010 returned a broad interval of 129.08 m of 0.23% Cu (0.28% CuEq) from 101.00 m, and also delivered the highest tungsten grades of the 2026 programme, including 5.00 m of 3,104 ppm W (0.39% WO3) from 223.00 m. Holes at the North Breccia Target returned more modest results, with KSMT26008 intersecting 26.98 m of 0.14% Cu (0.15% CuEq) from 241.00 m, which the company interprets as testing the periphery of the Solstice system.