Property in the Golden Triangle’s Eskay Camp.
THUNDER AT KIRKHAM
September 12, 2017
Vancouver, British Columbia : Metallis Resources Inc. (TSX-V: MTS) (“Metallis” or the “Company”) is
pleased to provide the following drilling and exploration update regarding its 100% -owned Kirkham
Property in the Golden Triangle’s Eskay Camp.
Highlights:
The Company’s recent ly expanded exploration program has identified several gabbroic units in
the previously unexplored northeastern section of Kirkham in areas now referred to as “Thunder
North” and “Thunder South”;
The gabbroic units are similar to the rocks which host nickel -copper sulphides at Garibaldi
Resources’ E&L Nickel Mountain Project, contiguous to Thunder North and Thunder South;
Upcoming drilling at Kirkham will include, but may not be limited to, the King high -grade gold
target adjacent to the 6-km-long Hawilson porphyry;
Three drill holes have successfully intersected a deeper potassic gold -copper porphyry system at
the Cliff target in the southern part of Kirkham.
Metallis President and CEO Fiore Aliperti commented, “The 100 sq. km Kirkham Property is now showing
potential for multiple deposit types along an under-explored corridor within the prolific Eskay Camp.
“The decision to extend the 2017 program at Kirkham demonstrates our commitment to build shareholder
value by unlocking this property’s geological potential while we also evaluate year-round exploration
opportunities for Metallis,” Aliperti concluded.
Thunder North & Thunder South
Mapping and sam pling continue at Thunder North and Thunder South to correlate the surface geology
with a cluster of airborne magnetic and VTEM anomalies. Both area s are located at the intersection of
major east -west and northeast trending faults, introducing mafic -ultramafic rocks. Significant glacial
retreat has occurred, exposing altered rocks for the first time.
The gabbroic units begin at Thunder South where they outcrop intermit tently over a distance of 800
meters. The gabbro is more intensely alt ered at Thunder North where it’s exposed over 200 meters. The
gabbroic units in both areas occur along a northeast -trending fault and include sections with disseminated
sulphides.
Multiple samples have been collected and are being sent for assaying and petrographic stud ies. The
Thunder North gabbro showings are approximately 4 km southeast of Nickel Mountain drilling.
The structural setting at Thunder North and Thunder South extends into Garibaldi’s E&L Nickel Mountain
Property with this 10 sq. km part of Kirkham considered highl y prospective for intrusion-hosted nickel -
copper, VMS base metal and copper-gold porphyry mineralization.
King
Upcoming drilling at the King target will test a geophysical anomaly that could be produced by an
intrusion-related gold-pyrrhotite vein-type system categorized by the British Columbia Geological Survey.
This type of system is typically high-grade (15 - 30 g/t gold). The Snip mine is one of the outstanding gold
deposits of this type.
Cliff
Initial d rilling at the Cliff target has concluded after three drill holes totaling 1,048 meters. The
consistently mineralized holes with zones of potassic alteration featuring abundant chalcopyrite
demonstrate that the gold -copper porphyry system extends well beyond the depths of historical drilling
over a considerable strike length. Assay results are expected early in Q4.
Cautionary Statement
Metallis management cautions that past results or discoveries on adjacent properties may not be
indicative of potential mineralization at Kirkham.
Qualified Person
Technical aspects of this news release have been reviewed and ap proved by David Dupre, P.Geo.,
designated as a qualified person under National Instrument 43-101.
About the Kirkham Property
The 10,600 hectare Kirkham Property is located about 65 km north of Stewart within the prolific Golden
Triangle. The northeast corner of Kirkham is withi n 12 km of the Eskay Creek mine while the eastern
border is within 15 to 20 km of Seabridge Gold’s KSM deposit and Pretium Resources’ Brucejack mine
which is now in production.
About Metallis
Metallis Resources Inc. is a Vancouver -based company focused o n the exploration of gold, copper 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 E xchange and currently has 23,428 ,617
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
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 exp ressions, 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 invol ve 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, uncerta inties and factors which could cause actual
results to differ materially, there may be others that cause results not to be as anticipated, estimated or
intended. The Company does not intend, and does not assume any obligation, to update these forward -
looking statements.
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the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX-
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