Vancouver, British Columbia — January 5, 2026 — Leads & Copy — Ophir Metals Corp. (TSXV: OPHR) is re-engaging exploration at its Breccia Gold Property, located about 40 km southwest of Salmon, Idaho, amid record gold and silver prices.
The company’s Breccia Gold Property hosts extensive gold mineralization via surface outcrop samples, including 84.3 g/t Au and 31.3 g/t Ag (Meadows Fault Trend), 57.6 g/t Au and 19.6 g/t Ag (East Breccia Zone) and 16.4 g/t Au and 15.1 g/t Ag (Musgrove Trend), according to the company.
Ophir Metals noted that outcrop samples expanded the mineralized potential 800 m North, along Meadows Fault Zone: 25.2 g/t Au. The property surrounds unowned claims with a historical drill hole that returned 13.02 g/t Au and 46.6 g/t Ag over 7.4 m (BG21-004), and that was mere meters off of the property boundary.
The company said the property is on trend to the neighboring Challis Gold Project claims. CSAMT and magnetic surveys on the property define a continuous structural corridor consistent with the known mineralized trend, according to the company.
The Breccia Gold Property is anchored by a geological model and is on trend to the contiguous Challis Gold Project. The geophysics dataset including CSAMT and magnetics defines a continuous resistivity corridor coincident with previously drilled gold mineralization on neighboring surrounded claims. Ophir Metals said that this integrated dataset confirms the presence of a structurally controlled system that remains open for expansion both along strike and at depth.
Within only metres of the property border, on surrounded unowned claims, drill hole BG21-004 returned 13.02 g/t Au and 46.6 g/t Ag over 7.4 m. The mineralized structure is interpreted to continue onto the company’s property for over a kilometre, supported by CSAMT and magnetics data, and remains to be drill tested.
According to Ophir Metals, the Breccia Gold Property hosts a well-defined precious metal system interpreted to represent the upper levels of a low-sulphidation epithermal vein network developed along the Meadows Fault Zone and related subparallel structures. Gold and silver mineralization occur within silicified breccias, quartz-adularia veins, and hydrothermal breccia zones that form along steeply dipping, north- to northwest-trending fault corridors.
The company also noted that a comprehensive review of historical and modern datasets, including CSAMT geophysics, surface sampling, and drilling, has refined the company’s understanding of the structural and lithologic controls on mineralization. These studies show a clear relationship between high-grade gold intercepts and resistivity anomalies identified in the CSAMT survey.
Drilling completed in 2021 on the central portion of the broader breccia system on claims that are no longer part of Ophir’s current property intersected multiple zones of gold-silver mineralization that coincide with CSAMT-defined resistivity highs. Notable results include BG21-004: 13.02 g/t Au and 46.6 g/t Ag over 7.4 m and 1.68 g/t Au over 22.8 m. Hole BG21-004 is the northernmost hole drilled by the company and lies within metres of the property border, according to the company.
Recent fieldwork and data integration have also identified potential for parallel mineralized corridors extending north and east of the property’s main Breccia Gold Zone (BGZ). The discovery of a new breccia outcrop approximately 800 m north-northwest of the BGZ suggests a structural splay off the Meadows Fault Zone and highlights the property’s broader surface potential.
A total of 16 samples, including a sample that returned 25.2 g/t Au (grab-outcrop), were collected from a series of large breccia outcrops, extending for at least 200 m in a generally east-west direction. The discovery indicates a potential splay off the Meadow’s Fault Zone, according to the company.
A Controlled-Source Audio-Frequency Magnetotelluric (CSAMT) survey completed in 2021 delineated two prominent north-northwest-trending resistivity corridors extending across the property. These resistivity anomalies are interpreted to represent silicified, structurally controlled zones associated with gold-silver mineralization.
Ophir Metals has initiated planning for a 2026 exploration program, focused on refining and testing new drill targets along the CSAMT-defined structural corridor and the northern breccia discovery area. Planned work includes detailed geological mapping and channel sampling, integration of CSAMT and historical drill data into a 3D geophysical-geological model, and prioritization of drill targets to test strike and depth extensions of the BGZ.
Shawn Westcott, CEO of Ophir Metals comments: “Gold’s historic rise has made precious metals a priority for the Company. As we evaluated opportunities in the sector, management and the board were quick to conclude how valuable the Breccia Gold Property is. The mineralization thus far observed appears to suggest a very robust mineralized system, and we look forward to the commencement of field work and drill target prioritization.”
Trevor Mills, P.G., SME-RM, Principal Geologist / US Operations Manager of Dahrouge Geological Consulting USA Ltd., a Qualified Person as defined by NI 43-101, has reviewed and approved the technical information and verified the data contained within the news release.
Shawn Westcott, CEO
Phone 1 (604) 365 6681
swestcott@ophirmetals.com
Source: Ophir Metals Corp.
