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Metallis & Talhtan Central Government Execute Communications Agreement

Marketing Announcement

METALLIS & TALHTAN CENTRAL GOVERNMENT

EXECUTE COMMUNICATIONS AGREEMENT

May 15, 2018

Vancouver, BC: Metallis Resources Inc. (TSX-V: MTS) (“Metallis” or the “Company”) and Tahltan

Central Government (“TCG”) are pleased to announce the signing of a Communications Agreement (the

“Agreement”) covering the company‟s 100% owned Kirkham Property located within the prolific Golden

Triangle in BC's northwest.

The Tahltan Central Government is the administrative body of the Tahltan Nation, located in northwest

British Columbia. The TCG protects Tahltan Aboriginal rights and title, the ecosystems and natural

resources of the Tahltan traditional terr itory by managing sustainable economic development, and

supporting the cultural wellness of the Tahltan community. For more information, visit www.tahltan.org.

The Agreement establishes a solid framework and collabo rative working arrangement between the

parties, based on open dialogue, transparent communications and mutual cooperation with regards to the

company‟s exploration activities on the Kirkham Property. The Agreement also offers opportunities for

cultural, economic and educational support for Tahltan members.

Metallis President and CEO, Fiore Aliperti, commented “A mutually respectful and open relationship with

our First Nation partners is an integral piece in moving both our company and project for ward. The

signing of this agreement, even at this early stage of exploration, ensures that any questions or concerns

can be addressed as early as possible within the exploration process.”

About the Kirkham Property

The 106 sq. km Kirkham Property is loca ted about 65 km north of Stewart, BC within the prolific Golden

Triangle. The northern border of Kirkham is contiguous to Garibaldi Resources‟ E&L Nickel Mountain

Project whereas the northeast corner of Kirkham is within 12 km of the Eskay Creek mine and the eastern

border is within 15 - 20km of Seabridge Gold‟s KSM deposits and Pretium Resources‟ Brucejack mine.

About Metallis

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 trades under the symbol MTS on the TSX Venture Exchange and currently has 32,416,129

shares issued and outstanding.

2018 Venture 50

Metallis Resources Inc. was included in the 2018 Venture 50 (the “V50”). The V50 is a ranking of top

performers on the TSX Venture Exchange last year. The ranking is comprised of ten companies from

each of five industry sectors selected based on t hree equally weighted criteria: Market capitalization

growth, share price appreciation and trading volume amount. To view the V50 video click here.

On behalf of the Board of Directors:

/s/ “Fiore Aliperti”

Chief Executive Officer, President and Director

For further information:

Tel: 604-688-5077

Email: [email protected]

Web: www.metallisresources.com

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This Press Release may contain statements which constitute „forward -looking‟ statements, including

statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors,

or its officers with respect to the future business activities and operating performance of the

Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”,

“expect” and similar expressi ons, as they relate to the Company, or its management, are intended to

identify such forward -looking statements. Investors are cautioned that any such forward -looking

statements are not guarantees of future business activities or performance and involve ri sks and

uncertainties, and that the Company‟s future business activities may differ materially from those in the

forward-looking statements as a result of various factors. Such risks, uncertainties and factors are

described in the periodic filings with the Canadian securities regulatory authorities, including quarterly and

annual Management‟s Discussion and Analysis, which may be viewed on SEDAR at

www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions

underlying the forward -looking statements prove incorrect, actual results may vary materially from those

described herein as intended, planned, anticipated, believed, estimated or expected. Although the

Company has attempted to identify important risks, uncertainti es and factors which could cause actual

results to differ materially, there may be others that cause results not to be as intended, planned,

anticipated, believed, estimated or expected. The Company does not intend, and does not assume any

obligation, to update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX-

V Stock Exchange has neither approved nor disapproved the contents of this news release.