IDEX Metals Engages Geotech Drilling for Fully-Funded 10,000-Metre Drill Program & Expands IP Survey at Freeze Project, Idaho, USA
IDEX Metals Engages Geotech Drilling for Fully-Funded 10,000-Metre Drill Program &
Expands IP Survey at Freeze Project, Idaho, USA
Vancouver, B.C., May 12, 2026: IDEX Metals Corp. (“ IDEX” or the “ Company”) (TSXV: IDEX; OTCQB:
IDXMF) is pleased to announce that it has engaged Geotech Drilling Services Ltd. (“ Geotech”) to
complete the Company’s fully-funded 2026 diamond drilling program at the Freeze Project in Idaho,
USA (“Freeze”, or the “Property”).
The ambitious 2026 drilling campaign at Freeze is expected to be comprised of approximately
10,000 metres of drilling across 20 holes, with the majority planned to target depths of
approximately 300 to 800 metres, up to a maximum designed depth of 1,200 metres. The program
is expected to be carried out by two drill rigs, with mobilization of the first one anticipated in early
June 2026 and the second to follow shortly thereafter.
The Company is also pleased to announce that based on encouraging preliminary results from its
ongoing induced polarization (“IP”) survey originally announced on April 8, 2026, the survey has been
expanded from the initial 37 line-kilometre program to approximately 64 line-kilometres. This larger
program will extend coverage to the north and south with an additional 21 line-kilometres, including
survey lines over U.S. Forest Service (“USFS”) ground to better evaluate the area between two
emerging anomalies associated with the CM Target. The Company has also added approximately 6
line-kilometres of IP coverage over the Shiver Target , where preliminary results to the north have
warranted additional work aimed at advancing Shiver toward drill-ready status.
Figure 1: 2026 Induced Polarization Survey Grid, including Kismet Corridor, CM and Shiver Expansion
“We are absolutely thrilled with the momentum building at Freeze,” said Clayton Fisher, CEO of IDEX.
“The engagement of Geotech is a major step forward for the Company and our 2026 exploration
season. Geotech is a large, highly -respected drilling organization with deep technical experience,
modern equipment and a track record of completing drilling programs in a wide array of
environments all over the world. We believe they are the right partner to help execute the largest
and most ambitious drill program in IDEX’s history.”
“We’re equally excited about the early takeaways from the ongoing IP survey. Preliminary results
have been compelling enough that we have made the decision to significantly expand the program
in real time. Filling in the gaps between the Kismet Corridor and the CM Target, extending lines onto
USFS ground, and adding new lines over Shiver , gives us the ability to refine multiple high-priority
targets before the drills begin to turn. This is exactly the kind of technical momentum we hoped to
build at the start of this season, and we are more excited than ever about the scale of the opportunity
developing at Freeze.”
Geotech is a multi-disciplinary drilling contractor active in exploration, geotechnical, environmental
and construction drilling markets, with completed projects in Canada, the United States, South
America and Greenland. Geotech is part of the ConeTec Grou p, which operates a global platform of
site investigation, drilling, sampling and geophysical profiling services from more than 30 locations
worldwide.
The 2026 program is designed to follow up on the Company’s 2025 exploration results and advance
priority targets across the Freeze Project, including the Kismet Corridor, CM Target , Shiver T arget
and related copper-gold-molybdenum porphyry targets. Final drill targeting will be refined using the
expanded IP survey, geological mapping, soil geochemistry and prior drilling results.
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 n ewly 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
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