- 181.90m of 0.27% Cu, 0.12 gpt Au and 3.23 gpt Ag (0.41% CuEq¹) from 45.50m to 227.30m in Hole CC25_028 including

• 137.05m of 0.32% Cu, 0.13 gpt Au and 3.72 gpt Ag (0.48% CuEq¹) and
• 7.90m of 1.52% Cu, 0.59 gpt Au and 7.09 gpt Ag (2.10% CuEq¹) and
• 17.60m of 1.11% Cu, 0.35 gpt Au and 13.41 gpt Ag (1.48%CuEq¹).

- 204.25m of 0.22% Cu, 0.08 gpt Au and 1.93 gpt Ag (0.32% CuEq¹) from 0.00m to 204.25m in Hole CC25_027 including

• 90.50m of 0.38% Cu, 0.12 gpt Au and 3.36 gpt Ag (0.54% CuEq¹) and
• 26.30m of 0.98% Cu, 0.17 gpt Au and 6.92 gpt Ag (1.17%CuEq¹).

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) ("Intrepid" or the "Company") is pleased to announce assay results from two additional diamond drill holes as part of the ongoing 2025 drill program at the Company's Corral Copper Property ("Corral" or the "Property") in Cochise County, Arizona. To date, Intrepid has completed nine drill holes (2343.60 meters) across the Ringo, Earp and Holliday zones, with a tenth hole currently underway at the Earp Zone. These latest results continue to build on the encouraging mineralization identified in earlier drilling and further validate the potential of Corral as an emerging copper asset in a highly prospective district. Highlights from Hole CC25_027 and CC25_028: CC25_027 - 204.25 meters ("m") of 0.22% Copper ("Cu"), 0.08 grams per ton ("gpt") Gold ("Au") and 1.93 gpt Silver ("Ag") (0.32% Copper Equivalent ("CuEq")¹) including,

• 7.10m of 0.50% Cu, 0.19 gpt Au and 1.56 gpt Ag (0.65% CuEq¹) and
• 90.50m of 0.38% Cu, 0.12 gpt Au and 3.36 gpt Ag (0.54% CuEq¹) and
• 26.30m of 0.98% Cu, 0.17 gpt Au and 6.92 gpt Ag (1.17%CuEq¹)

CC25_028 - 181.80 meters ("m") of 0.27% Copper ("Cu"), 0.12 grams per ton ("gpt") Gold ("Au") and 3.23 gpt Silver ("Ag") (0.0.41% Copper Equivalent ("CuEq")¹) including,

• 137.05m of 0.32% Cu, 0.13 gpt Au and 3.72 gpt Ag (0.48% CuEq¹) and
• 7.90m of 1.52% Cu, 0.59 gpt Au and 7.09 gpt Ag (2.10% CuEq¹) and
• 8.75m of 1.41% Cu, 0.54 gpt Au and 20.25 gpt Ag (1.98%CuEq¹)
• 17.60m of 1.11% Cu, 0.35 gpt Au and 13.41 gpt Ag (1.48%CuEq¹)
• 4.50m of 0.43% Cu, 0.21 gpt Au and 1.98 gpt Ag (0.60%CuEq¹)

"The 2025 drill program is progressing smoothly and it continues to yield robust copper and gold results from the Ringo Zone. We're particularly encouraged by the success of our recently expanded drilling to the north, which is beginning to demonstrate the potential for further mineralized extensions," said Ken Engquist, CEO of Intrepid. "In addition to containing a significant volume of continuous and locally high-grade copper and gold mineralization, the Ringo Zone displays alteration and mineralization textures consistent with a transition to related copper-gold porphyry style mineralization. This confirms the projects unique upside exploration potential for shallow bulk minable porphyry mineralization. Furthermore, Ringo is only one of several newly identified porphyry centers on the project and a key component in the project's rapidly advancing porphyry copper exploration campaign." Figure 1: Drill plan map from the Ringo Zone at the Corral Copper Project² To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6187/256720_3177a398b448697e_001full.jpgTable 1: Drill Intercepts for the Ringo Zone¹

DRILL HOLE DETAILS				ANALYZED GRADE				DILUTED METAL EQUIVALENT
HOLE	FROM	TO	LENGTH	COPPER	GOLD	SILVER	ZINC	CUEQ	AUEQ
ID	(m)	(m)	(m)	(%)	(ppm)	(ppm)	(%)	(%)	(g/t)
RINGO ZONE
CC25_027	0.00	204.25	204.25	0.22	0.08	1.93	0.07	0.26	0.36
Incl.	68.30	75.40	7.10	0.50	0.19	1.56	0.00	0.55	0.75
Incl.	94.00	94.85	0.85	0.66	0.10	0.90	0.04	0.64	0.87
Incl.	109.00	199.50	90.50	0.38	0.12	3.35	0.16	0.45	0.62
And	161.20	187.50	26.30	0.98	0.17	6.92	0.02	0.98	1.35
CC25_028	45.50	227.30	181.80	0.27	0.12	3.23	0.08	0.34	0.47
Incl.	45.50	182.55	137.05	0.32	0.13	3.72	0.11	0.40	0.55
and	57.50	64.50	7.00	0.54	0.03	0.78	0.01	0.48	0.66
and	121.55	129.45	7.90	1.52	0.59	7.09	0.29	1.75	2.41
and	164.95	173.70	8.75	1.41	0.54	20.25	0.02	1.66	2.27
and	164.95	182.55	17.60	1.11	0.35	13.41	0.02	1.24	1.70
and	215.00	219.50	4.50	0.43	0.21	1.98	0.01	0.50...