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Project: | Kirkham | |
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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. | |
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