December 1, 2017

 Vancouver, British Columbia: Metallis Resources Inc. (TSX-V: MTS) (“Metallis” or the “Company”) is pleased to announce that it has retained mineral exploration specialist Abdul Razique, PhD., P.Geo, as Chief Geologist to oversee and lead the Company’s expanded programs at its 100%-owned Kirkham Property in the heart of the Eskay Camp.

Fiore Aliperti, Metallis President and CEO, commented:  “We’re elated to have Dr. Razique join our team.  He played a pivotal role over the summer at establishing Thunder North as an exciting grassroots nickel sulphide prospect in the Eskay Camp’s new nickel corridor.  In addition, his broad skill sets, BC and worldwide experience with high-grade gold systems and copper-gold porphyry deposits are a dynamic fit for our multi-commodity approach at Kirkham given the opportunities along the Hawilson Monzonite Porphyry Complex.” 

Dr. Razique brings over 20 years of experience in mineral exploration and mining in Canada and abroad.  He obtained his PhD. from the University of British Columbia in 2013 and has worked as a consulting geologist in the Golden Triangle for both Garibaldi Resources and Evrim Resources.  He also served with Antofogasta PLC in both Canada and the United States and was a key member of the exploration team that discovered one of the world’s largest porphyry copper-gold deposits at Reko Diq in western Pakistan.

“Kirkham remains a very under-explored property in a highly favorable geological setting,” explained Dr. Razique.  “I’m tremendously excited about the possibilities for 2018 and I’m thrilled at the opportunity to be able to work with such an exceptional team that includes Dave Dupre, Dr. Peter Lightfoot, Jeff Kyba, Steve Wetherup, Lawrence Roulston and others. We are in ‘discovery mode’ with a clear aim to build shareholder value.”   

About the Kirkham Property

The 10,600-hectare Kirkham Property is located about 65 km north of Stewart, BC within the prolific Golden Triangle. The northeast corner of Kirkham is within 12 km of the Eskay Creek mine while the eastern border is within 15 to 20 km of Seabridge Gold’s KSM deposit and Pretium Resources’ Brucejack mine.

About Metallis

Metallis Resources Inc. is a Vancouver-based company focused on the exploration of gold, copper, silver and nickel at its 100%-owned Kirkham Property situated in northwest British Columbia’s Golden Triangle. Metallis trades under the symbol MTS on the TSX Venture Exchange and currently has 29,683,209 shares issued and outstanding.

On behalf of the Board of Directors:

/s/ “Fiore Aliperti”
Chief Executive Officer,President and Director

For further information:
Tel: 604-688-5077
Email: info@metallisresources.com
Web: www.metallisresources.com

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This Press Release may contain statements which constitute ‘forward-looking’ statements, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including quarterly and annual Management’s Discussion and Analysis, which may be viewed on SEDAR at www.sedar.com Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX-V Stock Exchange has neither approved nor disapproved the contents of this news release.