- Metallis Resources (MTS) is pleased to announce the commencement of its 2021 drill program at its Kirkham Property
- An initial 8,000m drill program has begun, focusing on the Cliff-Miles porphyry corridor
- Drilling will target high-grade copper and gold mineralization beneath previous hole intersections and large gold-bearing overprinted siliceous zones and quartz-carbonate-sulphide veins in the Miles Zone
- The Kirkham Property is located about 65 km north of Stewart, B.C.
- Metallis Resources Inc. is focused on the exploration of gold, copper, nickel, and silver at its 100%-owned Kirkham Property
- Metallis Resources Inc. (MTS) opened trading at C$0.43 per share
Metallis Resources (MTS) is pleased to announce the commencement of its 2021 drill program at its 100 per cent-owned Kirkham Property.
An initial 8,000m drill program has begun, focusing on the Cliff-Miles porphyry corridor that forms a 4 km section of the Hawilson Monzonite (HM), a 7.5 km long porphyritic intrusion on the property.
The program will target two types of mineralization. The first holes are intended to test for higher-grade copper and gold mineralization beneath previous drill hole intersections. The other target in the Miles Zone is the large gold-bearing overprinted siliceous zones and quartz-carbonate-sulphide veins that are coincident with a prominent IP resistivity-high and a strong gold-in-soil geochemical anomaly.
Preliminary results from the recently completed property-wide ZTEM survey, along with drill core re-logging and ground-truthing work over the last two weeks, have helped support the geological team with confirming optimal drill collar locations.
Metallis’ VP of Exploration Dave Dupre stated,
“Metallis’ planning and early execution of time sensitive actions have led to the on-time commencement of the diamond drilling program at the Cliff/Miles Zone. During the past two weeks, the field crew has constructed most of the drill pads and relogged over 6,500m of drill core from 12 holes that have a bearing on this year’s target selection.”
He went on to add, “A very aggressive drilling campaign has been planned for this field season. This program will seek to expand on last year’s results such as KH20-37 which returned 83m @ 0.68 g/t AuEq.* and KH20-34 which returned 141m @ 0.64 g/t AuEq.”
*Gold equivalent grades (“AuEq.”) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as no metallurgical data are available. Metal prices of US$1700/oz Gold, US$20/oz Silver, US$3.0/lb. Copper & $9.0/lb. Mo. was used for (AuEq g/t).
The wholly-owned 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 Property is prospective for multiple mineral deposit types and is located along a strategic geological boundary – the “Red-line” exposed on the western margin of the Eskay Rift system in the Golden Triangle, northwestern British Columbia.
Metallis Resources Inc. is a Vancouver-based company focused on the exploration of gold, copper, nickel, and silver at its 100%-owned Kirkham Property situated in northwest British Columbia’s Golden Triangle.
Metallis Resources Inc. (MTS) opened trading at C$0.43 per share.
