Inaugural Drill Program To Begin At The Greyhound Property

VANCOUVER – Metallis Resources Inc. has signed a drilling contract to carry out the upcoming inaugural drill program at the Greyhound Property, located in the historic Stibnite Mining District of central Idaho, USA. The Company has filed the required Notice of Mining Exploration Activity with respect to the patented claims, allowing the Program to begin in August.

The Program is designed to test high-grade silver-gold-antimony targets within a 3.5 km-long mineralized shear zone. The area hosts several historic mining adits but has never been drill tested using modern exploration methods.

CEO, Fiore Aliperti, said, “This is a significant milestone for Metallis. Meticulous planning and preparation took a number of months, and now we’re ready to drill test this very exciting precious metals and critical minerals target. The Greyhound Property sits in the heart of Idaho’s historic Stibnite Mining District, both the historical results and our surface exploration to date has already delivered exceptional results, the geo-political support has never been stronger, and it’s the Property’s maiden drilling campaign. We’re positioned to unlock significant value for our shareholders. This inaugural drill program represents a key milestone within our strategic vision of advancing high-quality assets in mining-friendly jurisdictions with strong commodity fundamentals. The timing couldn’t be better, with silver and gold at record highs along with growing recognition of antimony as a critical mineral essential for certain defense technologies, metals manufacturing and in the semiconductor industry.”