Metallis Retains Dr. Peter Lightfoot to Advance Thunder North Nickel Opportunity
METALLIS RETAINS DR. PETER LIGHTFOOT TO ADVANCE
THUNDER NORTH NICKEL OPPORTUNITY
November 3, 2017
Vancouver, BC: Metallis Resources Inc. (TSX-V: MTS) (the “Company” or “Metallis
Resources”) is pleased to announce that it has retained Lightfoot Geoscience Inc., owned and
operated by Dr. Peter C. Lightfoot, PhD., P .Geo. Dr. Lightfoot will be conducting a
comprehensive review and interpretation of geochemical, g eophysical and geological data
collected by Metallis to evaluate the potential for a magmatic nickel -copper sulphide system at
Thunder North, contiguous to the southern and eastern borders of Nickel Mountain.
Dr. Lightfoot (LightfootGeoscience.ca) brings over 30 years of experience with nickel sulphide
deposits including Voisey’s Bay and last year published the first comprehensive textbook on
Sudbury ore deposits. He has als o played a key role in Garibaldi Resources’ Nickel Mountain
discovery, the first of its kind in the Eskay Camp and the broader Golden Triangle.
Fiore Aliperti, Metallis President and CEO, commented: “We’re delighted to retain the services
of Dr. Lightfoot to take Thunder North to a new stage of explora tion following a very promising
and exciting initial investigation this summer. The nickel pot ential of this Camp is much greater
than originally understood.”
Thunder North
Based on a similar geological setting as Nickel Mountain, combined with strong magnetic an d
VTEM anomalies along with significant glacial retreat at T hunder North, Metallis extended its
2017 regional exploration program at higher altitudes and discovered a cluster of mafic to ultra -
mafic intrusive rocks favorable for magmatic nickel-copper sulphide mineralization (see attached
map). Rock chip sampling and a single drill hole (KH17 -09) tested a structurally contr olled
sulphide-rich zone dominated by silica -pyrite altered diorite and mafic volcanics along the
margin of an olivine gabbro intrusive body.
Drill core samples from hole KH17 -09 have been submitted for analysis and assay results will
be released when they are received and interpreted.
Metallis anticipates having a greatly expanded 2018 e xploration program at Thunder North
which will include further surface sampling, geophysical analysis, petrographic studies as we ll
as additional drilling.
About the Kirkham Property
Metallis’ 100%-owned, 100 sq. km Kirkham Property rests in the heart of the Eskay Camp and
is prospective for gold -copper porphyry, high -grade gold and b ase metal mineralization. The
northern border of Kirkham is contiguous to Garibaldi Resources’ E&L Nickel Mountain Project,
approximately 12 km southwest of the Eskay Creek mine. The eastern border of Kirkham is
within 15 to 20 km of Seabridge Gold’s KSM deposit and Pretium Resour ces’ Brucejack mine
which is now in commercial production.
About Metallis
Metallis Resources Inc. is a Vancouver -based company focused on the exploration of precious
metals and base metals at its 100% -owned Kirkham Property in northwest British Columbia ’s
Golden Triangle. Metallis trades under the symbol MTS on the TSX Venture Excha nge and
currently has 29,565,709 shares issued and outstanding.
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
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