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An announcement from Metallis Resources ( (TSE:MTS) ) is now available.
Metallis Resources Inc. has announced a significant high-grade mineral discovery at the 1350 Zone on its Greyhound Property in Idaho. The inaugural diamond drilling program revealed multiple high-grade intervals of silver and gold, alongside substantial antimony, lead, and zinc mineralization. The discovery underscores the robust potential of the 1350 Zone, prompting plans for further drilling to assess its full extent. This development positions Metallis to potentially transform its operations and deliver substantial value to shareholders, highlighting the critical-metal potential of the Greyhound Property.
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 discovering and extracting precious metals such as silver and gold, with a significant interest in critical metals like antimony, lead, and zinc. Metallis is actively exploring high-potential mineral zones in central Idaho, USA, aiming to expand its resource base and enhance its market position.
Average Trading Volume: 138,332
Technical Sentiment Signal: Buy
Current Market Cap: C$39.27M
Learn more about MTS stock on TipRanks’ Stock Analysis page.