Copper Discovery Sends This Junior Miner Skyrocketing 44% in a Single Day

Sponsored:

Tuesday, October 7, 2025

With many commodities still riding strong bull market trends, it’s no surprise that when a junior miner announced impressive drill results this morning, its stock soared—up more than 40% at last check.

As mentioned, IDEX Metals Corp. (TSX-Venture: IDEX) (OTCQB: IDXMF) announced impressive drill results from its Freeze Project in Idaho, where hole KSMT25002 intersected multiple copper-rich zones, including 101 metres of 1.02% Cu, 160 metres of 0.77% Cu, and 251 metres of 0.54% Cu within a broader 420.8-metre interval averaging 0.37% Cu from surface. The hole, targeting the Kismet Tourmaline Breccia zone as part of IDEX’s Phase I drill program, also contained notable silver, molybdenum, and tungsten values, with assays reporting up to 5.49 g/t Ag, 299 ppm Mo, and 805 ppm W. These results build on the strong mineralization reported from the project’s first hole earlier in the program.

The company noted that copper mineralization remains consistent throughout the hole, showing variable oxide minerals such as malachite, chrysocolla, and chalcocite within a primarily sulfide-dominant assemblage. For non-geologists reading this, the drill results show that copper is consistently present throughout the entire hole, appearing in both surface-level oxide minerals as well as deeper sulfide minerals. This mix indicates a continuous and well-developed copper system that extends from near the surface into deeper rock layers.

Ongoing geophysical work, including magnetotelluric (MT) and Induced Polarization (IP) surveys, continues to support exploration efforts by identifying resistivity zones and structural trends across the 11 x 4 km Kismet corridor. A third hole, KSMT25003, has been completed to 346.56 metres, with assay results anticipated in November 2025.

Shares of IDEX are currently up 44.44% at $0.78 while the Company’s U.S. listing (IDXMF) has so far been dormant, trading even on the day at $0.388.

Sponsored: