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Tag Archives: $MTS

METALLIS PREPARES TO DRILL NICKEL SULPHIDE TARGETS AT THUNDER NORTH

The 106 sq. km Kirkham Property is located about 65 km north of Stewart, B.C., in the heart of the Golden Triangle’s prolific Eskay Camp.  The northern border of Kirkham is contiguous to Garibaldi Resources’ E&L Nickel Mountain Project.  The northeast corner of Kirkham is within 12 km of the Eskay Creek mine while the eastern border is within 15 – 20 km of Seabridge Gold’s KSM deposits and Pretium Resources’ Brucejack mine.
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Metallis Commences Phase 1 Drilling Program

The findings of the June 2018 geological mapping program, along with the results of the 2018 detailed airborne geophysical survey, have provided an enhanced understanding of the geometry, controls of mineralization, and apparent scale of the intrusive-related mineralizing system. This information, together with historical data, has facilitated the selection and prioritization of three specific drill targets: the Cliff, Nina and Cole targets.
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Metallis Announces Expansion of Mineralized Hawilson Monzonite, Drill Targets Identified and 2% NSR Purchase

In addition, the Company confirms it has completed the purchase of a pre-existing 2% net smelter return ("NSR") royalty, securing 100% unencumbered ownership over several critical target areas of the Property, including the entire 7km length of the Hawilson Monzonite ("HM") which contains the Cole, King, Nina, Natt and Cliff targets. The NSR was purchased under a Right of First Refusal for US$300,000.
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