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The latest update is out from Metallis Resources ( (TSE:MTS) ).
Metallis Resources Inc. has announced the prioritization of high-impact drill targets at its Greyhound Property in Idaho, which is known for its high-grade silver, gold, and antimony prospects. The company plans to drill three high-priority targets during the 2025 season, marking the first-ever drilling on the property. This initiative is expected to unlock the property’s full potential, particularly given its strategic value in light of recent global antimony supply concerns. The development of the Greyhound Property could enhance Metallis’ positioning in the mining industry by leveraging its multi-metal profile and reducing antimony-related risks.
More about Metallis Resources
Metallis Resources Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in the extraction of silver, gold, and antimony, with a strategic emphasis on projects within historically significant mining regions, such as the Stibnite Mining Camp in Idaho, USA.
Average Trading Volume: 51,608
Technical Sentiment Signal: Sell
Current Market Cap: C$12.8M
For an in-depth examination of MTS stock, go to TipRanks’ Stock Analysis page.