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METALLIS COMPLETES INITIAL 3D GEOLOGICAL MODEL WHICH REVEALS LARGE ZONES OF PORPHYRY AND GOLD-ENRICHED ZONES
METALLIS COMPLETES INITIAL 3D GEOLOGICAL MODEL WHICH REVEALS LARGE ZONES OF PORPHYRY AND ...
About this update from Metallis Resources Inc.
[{"type":"text","content":"\n \n \n \n METALLIS COMPLETES INITIAL 3D GEOLOGICAL MODEL WHICH REVEALS LARGE ZONES OF PORPHYRY AND GOLD-ENRICHED ZONES\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 \n VANCOUVER, BC\n \n \n ,\n \n \n May 18, 2022\n \n \n /CNW/ -\n \n Metallis Resources Inc.\n \n (TSXV: MTS) (OTCQB: MTLFF) (FSE: 0CVM) (the \"Company\" or \"Metallis\") is pleased to release its initial 3-dimensional (or \"3D\") geological model, providing breakthrough insights into both the mineralized porphyry and enriched-gold zones at the Cliff-Miles Porphyry Corridor (or \"Cliff-Miles\") lying within Metallis' 100%-owned Kirkham Property (the \"Property\"), situated in the prolific\n \n Eskay Camp\n \n of the Golden Triangle, northwestern\n \n British Columbia\n \n . It is located approximately 30 km west of Seabridge's world class KSM porphyry deposits, and Newcrest Mining's producing Brucejack gold mine. The Golden Triangle is a district known worldwide for the past producing Eskay Creek and Snip gold mines.\n \n \n \n Nickolas Dudek\n \n , Metallis' Chief Geologist, stated \"It is incredibly rewarding for the Company to achieve this critical milestone in the continued development of the Cliff-Miles porphyry corridor. Through this geological 3D Model, the team is finally able to highlight the true scale of the system and demonstrate the dominant controls on grade within the well-mineralized Medium-Grained Porphyry (\"MP\") and the later gold-enriched zones. We are now also able to explain most of the copper/gold distribution at Cliff-Miles\". He went on to add \"This year, the goal of the technical team is to evaluate and refine this updated geological model and utilize the information to guide us, through drilling, to increasing the average grade of the system.\"\n \n \n \n Model Highlights\n \n \n \n \n Metallis geologists have built a 3D model for each of the porphyry phases and gold-enriched zones at the Cliff-Miles to help demonstrate the distribution of high-grade intercepts;\n \n \n The highest porphyry grades can be tied to a semi-continuous Me...