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Metallis Resources Inc.

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Summary

Project:

Kirkham

Deposit:Cole
Location:Canada
Commodities:Gold-Copper-Molybdenum
Date:3/24/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:24-3-2020: Metallis Resources Inc. announces an Exploration/Drilling Update report for its Cole deposit at the Kirkham project. Drilling results incl. 45.1m @ 0.36g/t Au, 0.03% Cu, 5.1g/t Mo from 59.9m. VANCOUVER, March 24, 2020 /CNW/ - Metallis Resources
Resources:x
CP/QP:[Overall Report]: David Dupre (Internal)
ABSTRACT:VANCOUVER, March 24, 2020 /CNW/ - Metallis Resources Inc. (TSX-V: MTS; OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce assay results from the Cole-Etta Porphyry-Epithermal system (the "Cole") clustered on the northern end of the 7.5km-long Hawilson Monzonite Complex at its 100%-owned Kirkham Property (the "Property"). The Property is situated within the prolific Golden Triangle in northwest British Columbia, an area known for hosting worldclass deposits such as the past producing Eskay Creek and Snip gold mines along with Seabridge's major KSM porphyry deposits and Pretium's Brucejack mine. The 2019 drilling program (the "Program") included a test of the continuity of high-grade gold mineralization at the Cole target, where the Company in 2018 had tested epithermal style veins returning assays of 7.7m @ 11.18 g/t Au including 137 g/t Au over 0.6m (News Release Nov 29, 2018). The 2019 program consisted of six drill holes totalling 2,617 meters testing the porphyry to epithermal transition of the Cole Porphyry system.

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