For thousands of other reports visit RSC's Mineral Intellingence Map

Metallis Resources Inc.

opaxe

Summary

Project:

Kirkham

Deposit:Cliff
Location:Canada
Commodities:Gold
Date:10/29/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-10-2018: Metallis Resources Inc. announces an Exploration/Drilling Update report for its Cliff deposit at the Kirkham project. Drilling results incl. 551m @ 256ppm Cu, 0.28g/t Au from 9m. VANCOUVER, Oct. 29, 2018 /CNW/ - Metallis Resources Inc. (TSX-V:
Resources:x
CP/QP:[Overall Report]: David Dupre (Not stated)
ABSTRACT:VANCOUVER, Oct. 29, 2018 /CNW/ - Metallis Resources Inc. (TSX-V: MTS; OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce the first set of results of its 2018 drilling program. These results cover the 6 holes drilled on the Cliff Porphyry system within its 100%-owned Kirkham Property in British Columbia's prolific Golden Triangle. The Kirkham Property is wellpositioned along the "Red Line" on the western margin of the Eskay rift, where the trans-tensional tectonic environment formed a fertile corridor of sub-parallel, strike-slip faults with porphyry coppergold deposits. The 2018 exploration program at the Cliff target comprised 6 deep diamond drill holes totaling 3,062 meters, yielding intervals of significant gold-rich mineralization. The drilling assays confirmed the continuity of copper-gold grades associated with multiple porphyry intrusions and hydrothermal events in the Cliff target, extending over a strike-length of 3 km, at the southern end of the 7.5 km long Hawilson monzonite. (See Map of Hawilson Monzonite) The Cliff target is identified as a unique porphyry system with three distinct styles of copper-gold mineralization given below in chronological order.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report