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IP Survey Extends IP Anomalies at Cliff-Miles Targets, Kirkham Property

IP Survey Extends IP Anomalies at Cliff-Miles Targets, Kirkham Property Canada ...

articleMetallis Resources Inc.October 21, 20214/company/metallis-resources-inc/news/ip-survey-extends-ip-anomalies-at-cliff-miles-targets-kirkham-property
IP Survey Extends IP Anomalies at Cliff-Miles Targets, Kirkham Property

About this update from Metallis Resources Inc.

[{"type":"text","content":"\n \n \n \n IP Survey Extends IP Anomalies at Cliff-Miles Targets, Kirkham Property\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 21, 2021\n \n /CNW/ -\n \n Metallis Resources Inc.\n \n (TSX-V: MTS) (OTCQB: MTLFF) (FSE: 0CVM) (the \"Company\" or \"Metallis\") announces the results of its recently completed high-resolution induced polarization (\"IP\") survey (or \"Survey\") on the Company's Cliff-Miles porphyry corridor, which extends over a strike-length of 4 km at the 100%-owned Kirkham Property (the \"Property\"). The Property is situated in the prolific Eskay mining camp of the Golden Triangle in northwestern\n \n British Columbia\n \n . The Eskay camp is well-known for its past producing Eskay Creek and Snip gold mines, Seabridge's KSM porphyry deposits and Pretium's Brucejack gold mine currently in production.\n \n \n \n \n \n \n \n \n \n Two IP lines were positioned to the north of last year's IP survey area with results highlighting an\n \n 800m\n \n extension (open to the north) to the previously identified, high priority Cliff and Miles anomalies. Additionally, two north-south oriented tie-lines were completed over the entire Miles copper-gold zone leading to assist the line-to-line correlation of the IP results. Additional prospective targets on the Property including Cole, Rhyolite Ridge and Mount Dunn are expected to be surveyed early next spring as the Survey was suspended due to abnormally difficult weather conditions.\n \n \n \n Key Highlights\n \n \n \n \n The IP survey and subsequent modelling has established a spatial association between areas of coincident moderate-to-high resistivity and chargeability to high-grade copper-gold mineralization and positive core logging indicators (chalcopyrite, pyrite and veining etc.) along a 2.5 km-long section of the Cliff-Miles porphyry corridor; (\n \n Click Here to View Typical Inverted\n \n 1,200m\n \n Elevation Level Plan\n \n )\n \n \n Both the inverted IP sections and level plans have emphasized a substantial (\n \n 2,500m\n \n x\n ...

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