IDEX Metals Commences 2026 Exploration Season at Freeze Property with IP Survey over Kismet Corridor
IDEX Metals Commences 2026 Exploration Season at Freeze Property with IP
Survey over Kismet Corridor
Vancouver, B.C., April 8th, 2026: IDEX Metals Corp. (“IDEX” or the “Company”)
(TSXV: IDEX; OTCQB: IDXMF) is pleased to announce the commencement of an
Induced Polarization (“IP”) geophysical survey over the Kismet-North Breccia-Frostfall
targets (“Kismet Corridor”) at its Freeze Property (“Freeze” or the “Property”),
formally kicking off the Company’s 2026 exploration season. The survey is designed to
define near-surface structures and alteration zones, providing high-resolution targeting
data ahead of a planned drill program slated to begin in May 2026.
Clayton Fisher, CEO of IDEX Metals, commented: “The IP survey marks the opening of
what we expect will be an exciting and very active 2026 exploration season. The Kismet
Corridor has demonstrated compelling geological and geochemical characteristics that
warrant a full-fledged geophysical investigation. By completing this survey first, we will
be able to further derisk these targets and fine-tune our 2026 drill campaign with
increased confidence. We anticipate mobilization of this season’s drill rig to occur
following completion of the IP survey and receipt of the initial data.”
Figure 1. Summary of completed and planned IP survey grid
2026 IP Program
The Company has engaged TMC Geophysics Ltd. to conduct a 37 line-kilometre IP
geophysical survey over the Property, with primary coverage focused around the Kismet
Corridor target area. The program is comprised of multiple survey lines in a NW-SE
orientation, to best resolve the geometry, continuity, and depth of mineralization between
the Kismet, North Breccia and Frostfall targets. The IP program will provide complete and
systematic coverage of the Kismet Corridor’s full strike length, while also capturing
flanking ground to ensure that no significant anomalies are missed along the margins of
the magmatic-hydrothermal system.
The expanded 2026 IP survey builds directly on geophysical and geochemical work
completed during the 2025 exploration season. Previous IP and magnetotelluric (“MT”)
data acquired across Freeze in 2025 identified a large, conductive body directly beneath
the North Breccia. This conductive body sits directly below the molybdenum and
tellurium core defined by the 2025 soil geochemistry survey; the two datasets together
represent a strong vector towards the mineralized source (see March 25th news
release).The 2026 IP survey will provide the additional resolution and spatial coverage
required to finalize drill collar locations and maximize the effectiveness of the 2026 drill
program.
Results from the IP survey will be processed, inverted, and integrated with existing
surface geological mapping, soil geochemistry, and 2025 drill results to generate a
refined geological model of the Kismet Corridor. This data will directly inform the 2026
exploration program, allowing IDEX to target mineralization at the North Breccia &
Kismet targets with increased precision when drilling commences.
Following completion of the IP survey, IDEX's 2026 exploration program at Freeze will
advance on two concurrent fronts beginning in May: a Phase II drill program targeting
the North Breccia porphyry target, and a comprehensive surface exploration campaign
encompassing soil sampling, rock sampling, and geological mapping across the broader
Freeze Property.
2026 Drill Program
The 2026 drill program will be initiated immediately following completion and
interpretation of the 37 line-kilometre IP survey, with drilling expected to commence in
May 2026. Drilling will target the buried intrusive centre interpreted beneath the North
Breccia and Kismet targets, where soil geochemistry, geophysics, and 2025 drilling
(notably, hole KSMT25006), have collectively outlined the highest-priority target on the
Property. The program is designed to test the pyrite-rich sulphide shell intersected in
2025 and expand into the interpreted core of a copper-molybdenum porphyry system
associated with the molybdenum-tellurium geochemical anomaly, in addition to
measuring grade continuity and depth of mineralization beneath the North Breccia.
2026 Surface Exploration Campaign
IDEX will also conduct a focused surface exploration campaign across the Freeze
Property, concurrent with drilling, beginning in May 2026. The program will encompass
expanded soil geochemistry, targeted rock sampling, and geological mapping across
priority target areas including Frostfall, Devils Slide, Shiver, Shine, Coldsnap and Olive
Creek. This work will further develop the Company’s understanding of priority
exploration targets and improve the general geological model of the Freeze Property
and the broader Idaho Copper Belt.
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.
IDEX Metals Corp. is a mineral exploration company focused on advancing a portfolio of
base and precious metal projects in Idaho, USA. IDEX is primarily focused on the
exploration and development of the Freeze Copper-Gold porphyry prospect located in
the newly discovered Idaho Copper Belt, Washington County, Idaho. With a strategic
land position in a great mining jurisdiction and surrounded by major industry players,
IDEX is committed to redefining district-scale exploration in Idaho.
For more information, please visit https://idexmetals.com/
ON BEHALF OF THE BOARD OF DIRECTORS
Clayton Fisher, CEO & Director
For further information regarding IDEX contact:
Investor Relations
1 (604) 260-0356
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this news release that are not historical facts may be forward-
looking statements. These forward-looking statements involve risks, uncertainties and
other factors that could cause actual results to differ materially from those expressed or
implied by such forward-looking statements. In addition, the forward-looking statements
require management to make assumptions and are subject to inherent risks and
uncertainties. There is significant risk that the forward-looking statements will not prove
to be accurate, that the management’s assumptions may not be correct and that actual
results may differ materially from such forward-looking statements. Accordingly, readers
should not place undue reliance on the forward-looking statements. Generally forward-
looking statements can be identified by the use of terminology such as “anticipate”,
“will”, “expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and
similar expressions. These forward-looking statements are based on a number of
assumptions which may prove to be incorrect which, without limiting the generality of
the following, include: risks inherent in exploration activities; the impact of exploration
competition; unexpected geological or hydrological conditions; changes in government
regulations and policies, including trade laws and policies; failure to obtain necessary
permits and approvals from government authorities; volatility and sensitivity to market
prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds
through private or public equity financings; environmental and safety risks including
increased regulatory burdens; weather and other natural phenomena; and other
exploration, development, operating, financial market and regulatory risks. The forward-
looking statements contained in this press release are made as of the date hereof or the
dates specifically referenced in this press release, where applicable. Except as required
by applicable securities laws and regulation, IDEX disclaims any intention or obligation
to update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws.
All forward-looking statements contained in this press release are expressly qualified by
this cautionary statement.
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adequacy or accuracy of this release.