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Metallis Discovers Epithermal Vein System at Kirkham
Metallis Discovers Epithermal Vein System at Kirkham Canada NewsWire VANCOUVER, ...
About this update from Metallis Resources Inc.
[{"type":"text","content":"\n\n\n\nMetallis Discovers Epithermal Vein System at Kirkham\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\nCanada NewsWire\nVANCOUVER, Nov. 20, 2018\n\n\n\nVANCOUVER, Nov. 20, 2018 /CNW/ - Metallis Resources Inc. (TSX-V: MTS) (OTCQB: MTLFF) (the \"Company\" or \"Metallis\") is pleased to announce a new gold/silver discovery on the Company's 100%-owned Kirkham Property located in the heart of the Eskay Camp.  The Etta vein discovery occurs at the northern end of the 7.5km long mineralized Hawilson Monzonite Porphyry Complex, west of the Cole target.  \n\n \n \n\n \nHighlights:\nA rock chip sample (Y060741) from a newly discovered vein assayed 13.2 g/t Au, 795 g/t Ag, 0.5% Cu and 1.3% Zn while a wall-rock chip sample half a meter away returned 1.14 g/t Au, 1.18% Cu and 67 g/t Ag – see attached photo of Y060741 sample location; Gold mineralization at Etta is hosted by several parallel, tabular north-south trending veins of bull-quartz-carbonate with native gold, electrum a chalcopyrite. These veins are emplaced in a phyllic alteration zone around the periphery of the Hawilson Monzonite; A historic copper-gold and silver-lead-zinc soil geochemical anomaly extends over an area of 700 meters by 300 meters and is open for expansion; and The rocks at Etta are characterized by sheeted drusy quartz veins exhibiting typical gold pathfinder mineralogy associated with epithermal systems.During the 2018 field mapping program, a steeply dipping epithermal vein with ~10 meters strike length and ~0.5 meter width, was discovered on a north facing cliff at the Etta target. The quartz-calcite vein demonstrates drusy textures and remains open along strike. The discovery has led the geological team to re-interpret the historic geochemical anomaly at Etta as part of an epithermal system proximal to the Hawilson Monzonite porphyry. – see map of Etta and Cole targets\nDr. Abdul Razique, Metallis' Chief Geologist, commented: \"Etta represents an exciting new prospect that fits the classic epithermal model that hosts many significant deposits throughout the Cordill...