WHO IS METALLIS
Metallis Resources Inc. is a Vancouver-based mineral exploration company focused on precious and critical metal discoveries in North America. The company is actively advancing the Greyhound Property, a silver/ gold/antimony shear zone project in Idaho, USA and the Kirkham Property, a copper/gold porphyry project in Canadas’ Golden Triangle.
The company sees a bright future in mineral exploration as the demand for critical metals grows exponentially. Securing a domestic supply of strategic metals such as antimony is a top priority for governments as trade tensions grow between China and the West. Metallis looks to capitalize on this gap as a growing demand on critical minerals and broken supply chains provide a perfect backdrop for exponential growth in the industry. With gold values at an all-time high, the opportunity awaits as the industry sets the stage for a run on multiple commodities. Metallis is well positioned to lead the pack with advanced properties in two of the best districts in North America.
Metallis trades under the symbols MTS on the TSX Venture Exchange, MTLFF on the OTCQB Exchange, and 0CVM on the Frankfurt Stock Exchange.
THE METALLIS OPPORTUNITY
- Highly experienced exploration team with involvement in major discoveries in the Golden Triangle and around the globe
- Fiscally responsible management – After 12 years of operation only ~75 million Shares are Issued & Outstanding
- ~8% management ownership, without a single share being sold in 12years (options included)
- Two properties in well endowed mineral districts with stable political regimes
- Inaugural drill program planned for 2025 at the Greyhound Property where historic mining has demonstrated spectacular Silver/ Gold / Antimony grades
GREYHOUND PROPERTY
In February 2024, the Company optioned the Greyhound Property located in Custer County, Idaho, approximately 42 km northwest of the town of Stanley. This property was the center of an active silver mining camp in the early 1900’s and at one point contained a smelter and two active mines situated along a 3.5 km mineralized shear zone. Since 1910, the property has seen limited exploration and only minor development when the Greyhound Mine was reactivated and mined sporadically from 1980-1991. Recent approval of Perpetua’s Stibnite Mine (gold/antimony), located only 35 km away, has spurred increased attention in the area. Metallis has demonstrated significant antimony grades from initial rock sampling programs on the Greyhound.
The Greyhound mineralization is hosted by prominent shear zones with polymetallic quartz-sulphide veins containing elevated concentrations of Au, Ag, Sb, Pb, and Zn. Historical sampling from the 1350’ zone averaged 785 g/t silver and 1.85 g/t gold from twenty chip samples taken perpendicular to strike for 36.9 m along the Rufus Adit. These grades are on par or better than numerous mines in North Idaho’s Silver Valley, one of the most prolific silver districts in the world with over 1 billion ounces of silver mined historically. The Greyhound property has never been drilled and remains substantially underexplored.
KIRKHAM PROPERTY
The Company has a 100% interest in the 106 sq. km Kirkham Property, located 65 km north of Stewart, B.C., in the heart of the Golden Triangle’s prolific Eskay (Sulphurets) Camp. It is located along a strategic geological boundary – the “Red-line” exposed on the western margin of the Eskay Rift system and is prospective for multiple mineral deposit types. The Kirkham Property is within 20 km of the past producing Eskay Creek mine while the eastern border is within 12 – 20 km of Seabridge Gold’s KSM deposits (88 mill oz Au, M+I) and Newcrest Mining’s producing Brucejack mine.
The Kirkham Properties main asset is the Hawilson Porphyry Complex, a 6.8 km monzonitic porphyry dyke swarm belonging to the important Texas Creek intrusive suite know to host a significant amount of the mineralization in the Golden Triangle. Approximately 40 drill holes have been focused primarily on a 4 km portion of the intrusion with grades up to 0.40 g/t Au and 0.23% Cu over 141 m in drill core. Deeper drilling is recommended. Other potential styles of mineralization including magmatic nickel sulphide, shear vein gold, and VMS (Eskay Creek stratigraphy) as the property remains underexplored.
