Announcement Date: 2022-11-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Metallis Resources Inc.
Project name: Kirkham
Location: Canada
Commodities: Gold,Copper
Highlight: Drilling results incl. 320.1m at 0.24g/t Au, 0.063% Cu from 15.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, Nov. 22, 2022 /CNW/ – Metallis Resources Inc. (TSXV: MTS) (OTCQB: MTLFF) (the “Company” or “Metallis”) is pleased to announce assay results from drill hole KH22-46, the first hole from the Company’s 2022 exploration program (the “Program”) at its 100%-owned Kirkham Property situated in the prolific Golden Triangle, northwestern British Columbia, a region known worldwide for the past producing Eskay Creek and Snip gold mines, Seabridge’s KSM porphyry deposits, and Newcrest Mining’s Brucejack and Red-Chris mines. The Program was focused at the South Cliff area of the Cliff-Miles porphyry corridor, with an objective to test for higher-grade extensions of copper and gold mineralization beneath the well mineralized drill intersections of holes KH17-08, KH18-16 and KH19-30, which returned the best results from the Kirkham Property to date (Click Here to View Drilling Results Table) The assay results from KH22-46 show that the mineralized porphyry gold/copper system has been extended approximately 150 m below hole KH18-16 which cut 118 m of 0.80 g/t AuEq from surface ( Click Here to View Figure 1.) The tabular Feeder Zone within the South Cliff area now exceeds 500 m in length, is approximately 100 m thick and extends to a depth of over 300 m below surface.
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