Exploration Program Highlights:
- Four diamond drill holes totaling 1,961 m successfully intersected chalcopyrite-mineralized porphyry below the highest copper and gold grades encountered by the Company's previous drill campaigns as well as massive pyrite and pyrrhotite veining attributed to the late gold event;
- 2 drill holes were relogged and 5 holes reviewed from the South Cliff target area to bring further conformity to the project's drilling database, evaluate the current geologic model, and to reassess the use of applying a geochemical signature towards locating concentrations of mineralization vectors and improving the geologic model; and
- First-pass soil sampling and prospecting of several ZTEM features resembling the Cliff-Miles Half-Graben (Click Here to View News Release), as well as select additional targets on the property were carried out (Click Here to View Map).
The 2022 drill program occurred at the South Cliff area of the Cliff-Miles porphyry corridor and was designed to undercut and extend the best drill results on the property, occurring within the
In addition to drilling, first-pass soil sampling and rock sampling took place along the Hawilson Trend – an 11 km long series of ZTEM features that lie on trend with and resemble the Cliff-Miles Half Graben, as well as over the "Max" magnetic anomaly.
All drill core and surface samples have been submitted to
Qualified Person
The wholly owned, 106 sq. km Kirkham Property is located about 65 km north of
The Kirkham Property is contiguous to Garibaldi Resources Corp.'s
Metallis trades under the symbols MTS on the
On behalf of the Board of Directors:
/s/ "Fiore Aliperti"
Chief Executive Officer, President, and Director
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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 because 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 intended, planned, anticipated, believed, estimated, or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.
Neither
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