IDEX Metals Reports Integrated 2025 Soil Geochemistry Exploration Results, Freeze Property, Idaho
IDEX Metals Reports Integrated 2025 Soil Geochemistry Exploration Results, Freeze Property,
Idaho
Vancouver, B.C., March 25, 2026: IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB:
IDXMF) is pleased to report results from its 2025 Freeze Property (“Freeze”, or the “Property”) soil
geochemistry program located in Idaho, USA . The program has defined a cohesive, multi-kilometre
hydrothermal footprint consistent with an intrusive-centered porphyry copper-molybdenum system.
When combined with drill results and geophysical data acquired during the 2025 exploration season,
the soil geochemistry completes a multi -disciplinary dataset strongly inferring the presence of a
buried intrusive centre beneath the North Breccia-Kismet Corridor.
Highlights
• Soil geochemistry suggests a buried intrusive centre under the North Breccia-Kismet
Corridor:
o Molybdenum at the core of the North Breccia-Kismet Corridor: a concentrated
molybdenum anomaly approximately 700 to 900 m in length is expressed at surface
along the North B reccia-Kismet Corridor, representing the strongest and most
reliable indicator of proximity to a mineralized buried intrusion
o Tellurium confirms the high -temperature signal: tellurium enrichment overlaps the
molybdenum core at North Breccia and western Kismet, providing a significant vector
towards a high temperature source
o Copper wraps around the core: elevated copper values form a shell around the
anomalous molybdenum domain across a width of 400 to 700 m. This copper halo is
also c oincident with tourmaline -copper breccia showings locally, and a broader
dispersal pattern
o Metal ratios vector inward to the source: copper-to-molybdenum ratios are lowest
directly over the center of the Kismet target and increase progressively outward,
pointing to a single buried intrusive center beneath the North Breccia
• Soil geochemistry, drill results, and geophysics converge at the North Breccia:
o Three independent datasets all lead the Company to the same conclusion: the
highest-priority target lies beneath the North Breccia and immediate drill testing is
required
• 2026 exploration season set to commence April 2026:
o Induced Polarization survey is expected to begin in early April 2026, with the Phase
II Drill Program to follow in late April to early May.
CEO Clayton Fisher, commented, “The 2025 program at Freeze has given us a very clear picture of
the potential mineralized system within the Kismet Corridor. Soil geochemistry has now
corroborated what lithological observations in drilling and overlapping geophysical anomalies
(both MT and IP) were telling us: we have a potential buried mineralized intrusive in our sights at
North Breccia. We’re approaching the 2026 drill season with excitement and increased confidence
that the Kismet Corridor – and especially the North Breccia – will deliver the goods for IDEX.”
Figure 1: Surface Soil Sampling Location Displaying the Extent of the Kismet Exploration Corridor and Exploration
Targets on the Freeze Property
Figure 2: Soil Surface Sampling Geochemistry, Copper (Cu) Anomalies on the Freeze Property
Figure 3: Soil Surface Sampling Geochemistry, Molybdenum (Mo) Anomalies on the Freeze Property
Figure 4: Soil Surface Sampling Geochemistry, Tungsten (W) Anomalies on the Freeze Property
Soil Geochemistry at the Kismet Corridor
Results from the 2025 soil survey reveal a concentrically zoned metal system centered on the North
Breccia and Kismet Corridor. Molybdenum and tellurium define the innermost zone, potentially
marking the highest temperature and most proximal expression of a magmatic-hydrothermal system.
Surrounding the Mo-Te core is a broader Cu shell, beyond which lies an envelope of tungsten and
bismuth that establishes the outer region of hydrothermal influence. This progression from core to
halo – all centered on the Kismet Corridor – is a typical pattern associated with buried mineralized
intrusive systems.
The copper-to-molybdenum ratio map reinforces the Company’s interpretation. Ratios are at their
lowest directly over the North Breccia and Kismet core (where molybdenum dominates) and increase
progressively outward s in all directions. This concentric gradient is consistent and systematic,
possibly indicating a buried intrusion and mineralization source at the Kismet and North Breccia
systems.
The geochemical surface expression at Kismet is significant in its implications regarding target
depth. Molybdenum and tellurium are high -temperature indicators that sit near the top of the
porphyry zonation sequence. Their presence and strength at surface (Mo: 2-6 ppm; Te >0.5 ppm)
imply that the erosion level at Kismet intersects the upper portion of the system rather than its roots.
This is highly significant in that the majority of the porphyry system – including its upper portions
– could remain preserved and uneroded.
Figure 5: Cu/Mo Ratio Overlaying Vector IP Geophysics, showing outward dispersion of higher molybdenum core to
more copper rich periphery
Integrated Soil and Geophysical Interpretation
The soil geochemistry findings are directly supported by magnetotelluric (MT) , and Vector IP data
geophysical data acquired across the Freeze Property during the 2025 field season (see February
25th, 2026 , news release) . The Kismet Breccia Complex itself produces a relatively resistive
geophysical response at surface, consistent with the tourmaline -bearing breccia and oxide copper
mineralization encountered in relatively shallow drilling.
Beneath the Kismet breccia, the MT inversion defines a large conductive zone at moderate depth
corresponding to a pyrite -rich shell. This interpretation was directly validated by drill hole
KSMT25006, which penetrated the breccia and intersected the pyrite shell, with coincident quartz-
sericite-pyrite alteration at depth and the first instances of elevated molybdenum and molybdenite-
chalcopyrite vein networks.
The property-wide MT data also defines a large, highly conductive body at approximately 800 m
depth directly beneath the North Breccia trend, with resistivity values in the 100 to 200 ohm -m
range. This deep conductor sits precisely below the broad molybdenum and tellurium core defined
by the soil survey and has not yet been tested by drilling. Its size, depth, and alignment with the
Kismet Corridor, elevate the North Breccia to the primary drill target of the 2026 exploration season.
Figure 6: Idealized Porphyry Model Geochemical Zonation from Haley et al., 2015 applied to Kismet Corridor and
Additional Targets (Looking NE)
Three Datasets, One Target
The convergence of vectors from three independent datasets at the Kismet Corridor is the most
compelling takeaway from the 2025 exploration program. The soil geochemistry identifies the North
Breccia and Kismet Corridor as the highest -priority drill targets, with molybdenum, tellurium, and
metal ratio gradients all pointing inward to the same theorized buried intrusive body. The drill results
from KSMT25006 confirm the existence of a developed pyrite shell with increasing molybdenum and
molybdenite veining at depth . The MT geophysics defines a large transitional conductive response
from 300 -800 m beneath the same corridor. Each dataset was acquired and interpreted
independently. All three point to the same target beneath the North Breccia and Kismet Corridor.
2026 Exploration Season
IDEX’s 2026 exploration season is scheduled to commence in early April 2026 with an expanded
Induced Polarization survey across the Kismet Corridor to better define near -surface structures and
improve the efficiency and accuracy of drill targeting, followe d by drilling at the North Breccia
porphyry target in late April to early May. The company also anticipates continuing with generative
surface exploration, which includes mapping and soil & rock sampling across the remain ing
unexplored areas of the project.
Bunt Capital Stock Option Issuance Clarification
As previously announced on January 23, 2026, the Company has entered into a consulting
agreement with Bunt Capital Corporation (“Bunt Capital”) to provide certain investor relations
services to the Company. Pursuant to the consulting agreement, the Company granted 200,000
stock options to Bunt Capital at an exercise price of $0.50 per share, expiring on January 23, 2029.
References
Halley, S., Dilles, J.H., and Tosdal, R.M., 2015, Footprints: Hydrothermal Alteration and Geochemical
Dispersion Around Porphyry Copper Deposits: SEG Newsletter, no. 100, p. 29–40.
Sample Analysis and QAQC
Rock and Soil samples taken during the 2025 program were prepped and analyzed in Calgary,
Alberta and Thunder Bay, Ontario, by AGAT Labs Analytical, an ISO 17025 and ISO 9001 certified
laboratory. Soil samples were dried and screened to 180 micron mesh, followed by assaying via
method 201-074, a 51-element aqua regia digestion method with an ICP-OES/MS finish. Rock
samples were crushed to 2 mm, from which a 250 g split was further pulverized to 85% passing a
75 micron sieve. Following preparation, a 30 g sample was analyzed by method 202-051 with a 30
g sample being analyzed by fire assay with an AAS finish. Multi-element assays for rocks were
determined by method 202-071 where a 0.25 g aliquot was digested in a 4-acid solution and
analyzed by ICP-OES/MS. Samples with initial results beyond the upper detection limit of the 201-
071 method were further analyzed by over-limit 201-470 procedure (ICP-OES and/or ICP-MS). For
copper, the threshold is >1%. AGAT Labs Analytical employs internal quality control standards,
duplicates and blank samples at set frequencies. Blind certified reference material (CRM), blank
and standard samples were also systematically inserted by the Company into the sample stream
and analyzed as part of the Company's quality assurance/quality control protocol.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved for
disclosure by David Hladky, P.Geo. (registered in Alberta), V.P. Exploration of IDEX Metals Corp.
David Hladky is a "Qualified Person" for IDEX Metals Corp. within the meaning of National
Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About IDEX Metals Corp.