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Metallis Prepares to Drill Nickel Sulphide Targets at Thunder

Exploration Programs

Metallis Prepares to Drill Nickel Sulphide

Targets at Thunder North

VANCOUVER

,

Sept. 20, 2018

/CNW/ -

Metallis Resources Inc.

(TSX-V: MTS; OTCQB: MTLFF)

("Metallis" or the "Company") is pleased to provide the following exploration update as drilling

intensifies at its 100%-owned Kirkham Property ("Kirkham") in the heart of the Eskay Camp:

Highlights:

A final round of geophysics is being completed over the Thunder North target area, contiguous

to the southern and eastern border of Garibaldi Resources Inc's Nickel Mountain Project, in

order to prioritize nickel sulphide drill targets after a highly encouraging VTEM survey earlier in

the season;

The textures and compositions of the gabbros at Thunder North support the presence of mafic

intrusive magmatism in the

Hazelton

stratigraphy along the western margin of the Eskay Rift;

Six drill holes totaling 3,006 meters have expanded the Cliff copper-gold porphyry system in the

southern portion of Kirkham (assays pending, Cliff remains open in all directions);

Current drilling at Kirkham is focused on the Cole and Nina target areas, featuring additional

discovery potential, up to 6 km north of Cliff. Observed copper mineralization of the drill core

from both targets, combined with extensive surface sampling and mapping, has led to a rapidly

evolving exploration model of a shallow-level gold-rich porphyry system and a strong epithermal

gold footprint.

Fiore Aliperti

, Metallis President and CEO, stated: "We've entered the most exciting part of our

exploration season given the potential for new discoveries on the very under-explored northern parts

of Kirkham (Thunder North, Thunder South, Cole and Nina). We look forward to initial assay results

and imminent drilling at Thunder North."

Qualified Person

Technical aspects of this news release have been reviewed and approved by Metallis Resources'

V.P. of Exploration David Dupre, P.Geo. designated as a qualified person under National Instrument

43-101.

About the Kirkham Property

The 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 northern border of Kirkham is contiguous to Garibaldi

Resources' E&L Nickel Mountain Project. The northeast corner of Kirkham is within 12 km of the

Eskay Creek mine while the eastern border is within 15 – 20 km 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 32,981,129 shares issued and outstanding.

2018 Venture 50

Metallis Resources Inc. was recently 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 comprises 10

companies from each of five industry sectors selected based on three 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

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 expressions, 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 risks

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, uncertainties 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.

SOURCE

Metallis Resources Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/September2018/20/c7579.html

%SEDAR: 00025829E

For further information:

Tel: 604-688-5077, Email: [email protected], Web:

www.metallisresources.com

CO: Metallis Resources Inc.

CNW 15:48e 20-SEP-18