Mark Morabitois a seasoned investor and developer in the mining industry, no stranger to identifying and seizing opportunities. From the boreal forests of Labrador to the deserts of Arizona, Morabito’s mining and resource development journey spans his 20-plus years.as CEO of King & Bay Also head of several other public and private companies, he has led some of the most successful ventures in the field.As a founder now Intrepid Metals Corporation(TSXV:INTR) Morabito’s target is the Corral copper and silver project in the Tombstone area of southwestern Arizona.
basic career
Mark Morabito career He started his career as a corporate finance and securities attorney in Toronto and Vancouver. After eight years of strenuous work, he moved to the customer side and accumulated his background in banking, corporate development and junior his mining as a merchant. His business acumen and talent for recognizing opportunities have enabled him to establish and lead multiple resource development companies. For example, at Alderon Iron Ore, Morabito’s negotiations and pioneering expertise led him to a $400 million contract with HBIS Group, China’s largest steel maker at the time.
As founder of King & Bay, a merchant bank and public company services provider, Mark Morabito has focused on identifying, financing, developing and managing business opportunities within and outside the mining sector. To date, he has raised over US$1 billion in his career. With Intrepid Metals, Morabito aims to leverage his experience and track record to make a significant impact on Arizona’s copper and silver mining environment.
bold effort
Intrepid Metals Corp. (TSXV:INTR) The Corral Copper Project is an advanced exploration and development opportunity in Cochise County, Arizona, offering an impressive land package of over 8,500 acres (over 13 square miles) of mining rights. The region has a rich mining history dating back to the late 1800s and is well positioned for an ESG-focused future. With its superior infrastructure, skilled local workforce, and access to Tier 1 mining jurisdictions, Arizona provides an ideal environment for Intrepid Metals to thrive.
In the region, despite the challenges of fragmented land tenure and commercial disputes, Intrepid Metals has consolidated key land locations and developed good relationships with local stakeholders. Leveraging over 50,000 meters of historical drilling data and the latest exploration technology, the company is well equipped to move the Corral Copper Project into development and feasibility level studies.
Intrepid Metals Corp.’s Corral Copper Project has great potential from a mining perspective. The project is characterized by near-surface mineralization of copper, silver, zinc and gold, with a tendency of 2 km of mineralized material. The district itself has a long history of small-scale mining, and based on past reports, he has produced over 48 million pounds of copper at grades up to 9.2%.
To date, the company has consolidated over 8,500 acres of robust land packages, including over 1,700 acres of patented mining and surface rights. This integration has given Intrepid access to drilling logs and analytical data, providing valuable insight into the geological structure of the region. The company also acquired an Anglo-American data package. This identified targets for carbonate displacement deposits and porphyry copper in the area.
Intrepid Metals Corp. is also committed to responsible development and use of the latest exploration techniques in conjunction with historical data. The company’s approach to the Corral Copper Project is holistic, with a strong focus on creating geological interpretations and identifying new target areas.
Making Major Advances in Arizona’s Mining Environment
Intrepid Metals’ management team is made up of experienced professionals with a proven track record of creating value. The company has ambitious plans for the Corral Copper Project this year, including a 30-hole drilling program and drilling up to 6,000 meters. The initiative aims to confirm historical data, extend mineralization depth and projections, and explore unverified areas within mineralization trends.
Leveraging Mark Moravito’s extensive experience and proven track record in resource development, the company is making significant progress in the Arizona mining environment. With a strong foundation and a clear vision for the future, Intrepid Metals leads a captain who has led a course from exploration to development to unlocking, delivering real value to stakeholders and the broader mining industry. Well positioned to serve. The complete project possibilities again and again.
