GOLD, COPPER & NICKEL EXPLORATION IN THE HEART OF THE GOLDEN - - PowerPoint PPT Presentation

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GOLD, COPPER & NICKEL EXPLORATION IN THE HEART OF THE GOLDEN - - PowerPoint PPT Presentation

GOLD, COPPER & NICKEL EXPLORATION IN THE HEART OF THE GOLDEN TRIANGLE TSX.V: MTS | OTCQB: MTLFF CAUTIONARY STATEMENT Certain statements herein may contain forward-looking information within the meaning of applicable securities laws.


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GOLD, COPPER & NICKEL EXPLORATION IN THE HEART OF THE GOLDEN TRIANGLE

TSX.V: MTS | OTCQB: MTLFF

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

Certain statements herein may contain forward-looking information within the meaning of applicable securities

  • laws. Forward-looking information appears in a number of places and can be identified by the use of words such

as “intends” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information includes statements regarding the Company’s exploration and development plans with respect to its properties and the estimate of mineral resources and are subject to such forward-looking risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such risks include metal price volatility, change in equity markets, the uncertainties involved in interpreting geological data, permitting and environmental, increase in costs and exchange rate fluctuations and other risks involved in the exploration and development industry. There can be no assurance that forward-looking information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of Metallis Resources Inc. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information here in are qualified by this cautionary

  • statement. The Company does not undertake to update such forward-looking information except in accordance

with applicable securities laws. Technical aspects on this presentation have been reviewed and approved by the Company’s Vice President of Exploration, David Dupre P.GEO designated as a Qualified Person under National Instrument 43-101.

CAUTIONARY STATEMENT

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

METALLIS RESOURCES INC AN OPPORTUNITY IN HIGHLIGHTS

  • Metallis Resources Inc. is duel listed on both the TSX.V (“MTS”) & OTCQB (“MTLFF”)
  • Highly experienced Exploration & Technical Team with a history of discoveries both globally

and within in the Golden Triangle.

  • Tight share structure & market cap a fraction of most companies in the region.
  • $2.3Million in the bank with a burn rate of ~$50k per month means well financed for 2019
  • ~12% Management ownership, without a single share sold in 7 years (options included)

SHARE STRUCTURE

(As of December 11, 2018)

ISSUED AND OUTSTANDING

32,986,079

OPTIONS

3,085,000

WARRANTS

3,713,744

FULLY DILUTED

39,784,823 MARKET CAP OF NEIGHBORING COMPANIES

(As of December 11, 2018)

MTS: CA$17 Million

Garibaldi Resources: CA$119 Million GT Gold Corp: CA$73 Million Seabridge Gold Inc: CA$916 Million Pretium Resources Inc: CA$1.76 Billion

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

BOARD AND MANAGEMENT

Director, President and CEO - Fiore Aliperti President/CEO since July 2013, Mr. Aliperti has been pivotal in the reorganization of the Company’s business and the creation of new strategic plans which includes the acquisition of the Kirkham Property. Vice President of Exploration - David DuPre

  • Mr. Dupre was intimately involved in the discovery of the

Eskay Creek mine as project manager while at Keewatin Engineering – a major Mining Consultancy that he co-founded. Since 1988, he has concentrated his efforts in the Golden Triangle area of Northwestern BC. While President of Firesteel Resources, he acquired the ROK Property (adjacent to the Red-Chris Mine) and the Copper Creek property in the very active Sheslay Camp. Director and CFO - Jon Lever CPA, CMA Been director and/or CFO of several public resource companies in the past 10 years and has extensive experience in senior financial roles. Director – Independent - Dr. Dave Webb

  • Dr. Webb is a Registered Professional Geologist

with over 30 years of experience in mineral exploration, development and production in Canada and internationally. Director and Chairman - Michael Sikich

  • Mr. Sikich brings to the Metallis team over two

decades of business experience with both privately held and publicly listed companies. Corporate Secretary – Sameen Oates Mrs Oates brings twelve years of public company experience to the company, in which she has served in as various capacities with several Canadian publicly listed companies that

  • perate in various sectors, including in the

resource sector.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

EXPLORATION TEAM

Razique Abdul

  • Dr. Razique is a porphyry specialist, who brings over 20 years’ international experience in the exploration and mining
  • industry. He worked with BHP and Barrick-Antofagasta Minerals J.V. He obtained his PhD. from the University of

British Columbia in 2013 and has worked as consultant in the Golden Triangle for both Garibaldi Resources and Evrim

  • Resources. He also served with Antofagasta Plc in both Canada and the United States and was a key member of the

exploration team that discovered the Reko Diq cluster; one of the world’s largest porphyry Cu-Au (Mo) deposits in western Pakistan. Dr. Razique recently joined Metallis Resources as Chief Geologist to oversee and lead the Company’s expanded programs at Kirkham property in the Eskay Camp, Northwest British Columbia. Stephen Wetherup

  • Mr. Wetherup is a structural and economic geologist with over 20 years of global exploration experience. He has

worked for Fox Geological Consultants, Phelps Dodge Corporation of Canada and as a consulting geologist for numerous exploration companies including Freeport-McMoran. He is currently the Vice President Geology with Caracle Creek International Consulting and serves as the Vice-President of Exploration for Commander Resources Ltd. Carl Ryan Mr Ryan Graduated from UBC with a specialization in structural geology. Carl joined the Metallis Geological team in 2018 after previously working in the field with Evrim Resources on their Ball Creek project within the Golden Triangle. Max Estaris

  • Mr. Estaris led a project team to the discovery of two Porphyry Copper-Gold deposits in the Philippines, the

Boyongan and the Bayugo porphyry Cu-Au deposits. He has more than 25 years of progressive experience in exploration for gold and base metals in the Philippines, Indonesia, Papua New Guinea and Canada as well as 6 years

  • f experience in underground gold operations in the Philippines.
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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

KIRKHAM PROPERTY IN THE HEART OF THE GOLDEN TRIANGLE

  • 106km2 land package assembled, over several

years, by renowned copper-gold expert Rodney Kirkham.

  • 100% owned
  • Within a highly fertile region, home to mines

and advanced exploration projects collectively worth billions of dollars.

  • Favourable geology with a wide range of

mineral deposits: porphyry, magmatic sulphides, shear vein, epithermal and VMS.

  • Geological environment at Kirkham property

identified all above mineral deposit types.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

Tectonic Environment

  • Intra-Oceanic Island Arcs
  • Trans-tensional Eskay Rift

Geology (Triassic – Jurassic)

  • Mafic-ultra mafic complexes
  • Hazelton Formation
  • Texas Creek suite porphyry
  • Stuhini Formation

Metallogeny

  • VMS & Carbonate replacement
  • Magmatic Ni-Cu (PGE)
  • Shear vein Au
  • Epithermal Au-Ag
  • Porphyry - Cu-Au

BRITISH COLUMBIA’S GOLDEN TRIANGLE

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

KIRKHAM PROPERTY IN THE COMPANY OF GIANTS

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

UPDATED EXPLORATION MODEL THE “RED LINE” AND PORPHYRY ENVIRONMENT

  • The “Red Line”, a key

marker horizon for copper-gold mineralization, can be traced over a 10km strike-length on the Kirkham Property.

  • Most copper-gold

deposits within the Golden Triangle are found within 2km of this contact.

  • The Kirkham claims host

Porphyry Cu-Au, Shear vein Au and magmatic Ni-Cu systems

Courtesy of Visual Capitalist for Skeena Resources and IDM Mining.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

KIRKHAM GEOLOGY AND ALTERATION

  • Triassic – Jurassic “Red-Line”
  • Shear vein Au mineralization
  • Hawilson Porphyry System
  • Epithermal sheeted veins
  • Eskay Rift & structural trend (VMS)
  • Mafic rocks (Magmatic Ni-Cu)
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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CLIFF Cu/Au Porphyry NINA Cu/Au Porphyry KING EAST Cu/Au Porphyry COLE Cu/Au Porphyry NATT VMS/Shear Vein Au ETTA Epithermal THUNDER SOUTH Magmatic Ni/Cu THUNDER NORTH Magmatic Ni/Cu

MULTIPLE TARGETS MULTIPLE DEPOSIT TYPES

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

TARGET DEPOSIT TYPE/ COMMODITIES METHOD(S) OF IDENTIFICATION SCALE OF THE SYSTEM/DEPOSIT ANALOGOUS DEPOSIT(S) EXPLORATION COMPLETED 2019 EXPLORATION PLANNED

Cliff

Cu-Au Porphyry Historical drilling and rock-chip sampling 3000 x 300 x 1000m Porphyry system Kerr Deposit – KSM Porphyry Cluster 2 Million Oz Au & 2586 Million lbs Cu Mapping, rock-chip sampling and drilling. Assays on MTS Website Mapping, sampling and

  • drilling. Petrography,

geochronology and Ground IP

Nina

Cu-Au Porphyry Surface mapping, rock and soil Sampling 500 x 200 x 1000m Kerr Deposit – KSM Porphyry Cluster 2 Million Oz Au & 2586 Million lbs Cu Mapping, rock-chip sampling and drilling. Assays pending. Structural analysis of Hawilson Monzonite, step

  • ut drilling to the North

King E

Cu-Au Porphyry/VMS Field mapping, geophysical VTEM & soil anomalies ~1500m2 coincident resistivity & mag Kerr Deposit – KSM Porphyry Cluster 2 Million Oz Au & 2586 Million lbs Cu Technical review, Mapping, VTEM Mapping, sampling and Targeting drill locations

Cole

Cu-Au Porphyry Field mapping & sampling 500 x 600 x 400m - Alteration System Kerr Deposit – KSM Porphyry Cluster 2 Million Oz Au & 2586 Million lbs Cu Rock-chip sampling, mapping and drilling. Assays pending. Sampling, Mapping, Continued drilling

Natt

VMS / Shear vein Au Field mapping & rock-soil anomalies 200 x 200 x 400m - soil anomalies Eskay / Snip gold mine Technical review and exploration targeting Mapping and sampling

Etta

Epithermal Field mapping & rock-soil anomalies 200 x 200 x 400m - soil anomalies Pretivm’s Brucejack deposit Technical review and exploration targeting Mapping, Channel sampling, rock chip sampling

Thunder N Thunder S

Magmatic Ni-Cu Mapping gabbros, alteration and structures/ VTEM 200 x 150 x 400m - Gabbroic units Carajas belt, Brazil and Ailoshan Red-River, Yunnan-China, Voisey Bay 141 Mt @ 1.6% Ni Technical review, VTEM and drilling. Assays pending. Mapping and sampling program, petrography, technical reviews, drilling

MULTIPLE TARGETS MULTIPLE DEPOSIT TYPES

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

SUMMER 2018 EXPLORATION PROGRAM

  • Phase 1 (June)
  • Geological mapping
  • Rock Chip Sampling
  • Soil Sampling
  • Drill collar finalizing
  • Phase 2 (July-October)
  • 5094 meter drill program completed
  • Systematic approach started at lower

elevations in the south

  • 4 targets drilled
  • Remote Sensing (WV3) JV with Garibaldi Resources
  • VTEM Survey (100m) line spacing J.V with Eskay mining

Chief Geologist Dr Abdul Razique describing some hand samples collected on the Kirkham property with local Tahltan Chief Chad Day.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CLASSIFICATION OF MAGNETIC ANOMALIES

Response Shape Correlation

Strong Remnant-irregular Quaternary Basalt / volc. Moderate Induced-Linear Porphyry Cu-Au, dikes Mod-weak Remnant-irregular Volc.-sedimentary rocks

VTEM GEOPHYSICAL SIGNATURE TMI – RTP

Effective tool for Structural Architecture and Exploration Targeting

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

HAWILSON MONZONITE

  • 7km mineralized body trending N-S along

transtensional Adam Fault

  • Hosted in Stuhini sediments adjacent to the

Triassic-Jurassic Red-line unconformity

  • Multiple Porphyry and hydrothermal events

responsible for cluster of gold rich mineralizing systems

  • Structurally comparable to KSM’s Kerr Deposit

which has probable reserves of 2 Million

  • unces of Gold and 2586 million pounds of
  • copper. (Seabridge Gold – Corporate Presentation – October 3, 2018)
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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CONCEPTUAL PORPHYRY MODEL HAWILSON MONZONITE – PORPHYRY SYSTEMS

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CLIFF PORPHYRY SYSTEM

  • Extends for 3km x 0.3km along the southern

half of 7km long Hawilson Monzonite

  • Calc-alkalic Porphyry Copper-Gold system
  • Emplaced as N-S trending stocks and dikes
  • Episodic hydrothermal alteration result in

strong potassic and serricite alteration

  • Late stage epithermal upgrading has created

high grade gold zones

  • 6 New drill holes totalling 3000m
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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CLIFF TARGET DRILL RESULTS 2018

Hole ID Depth(m) From (m) To (m) Interval (m) Cu (%) Au (g/t) *AuEq KH18-11 493.8 136 385 249 0.1018 0.13 0.29 incl. 201.5 210 9 0.0755 0.63 0.74 incl. 228 280 52 0.1572 0.18 0.42 KH18-12 490.7 86 153 67 0.0516 0.20 0.28 372 434 62 0.0090 0.45 0.46 incl. 372 381 9 0.0131 1.56 1.58 KH18-13 568.5 222 248 26 0.0438 0.51 0.58

340 569 229 0.1308 0.21 0.41

incl. 356 398 42 0.1709 0.36 0.62 KH18-14 606.6 9 560 551 0.0256 0.28 0.32 incl. 36 418 382 0.0262 0.36 0.40 incl.

36 73 37 0.0454 1.54 1.61

KH18-15 503.0 214 264 50 0.0590 0.38 0.47 321 339 18 0.0085 0.50 0.51 494 503 9 0.0074 0.49 0.50 KH18-16 399.6

7 148 141 0.2294 0.40 0.75

incl. 30 148 118 0.2551 0.46 0.85 incl. 78 114 36 0.2972 0.64 1.09

  • 141 m of 0.4 g/t Au and 0.23% Cu

in KH18-16 is associated with a swarm of potassic altered Monzonite dikes.

  • 37 m of 1.54 g/t Au in KH18-14

are linked to quartz-carbonate veins and breccias

  • 1-3 m intercepts with gold grades

up to 3.0 g/t Au are related to quartz-carbonate and massive sulphide veins of Py-Po-Cpy.

*AuEq based on $1,200/oz gold, $2.70/lb Cu and 100% recovery

3 Styles of mineralization discerned:

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CLIFF ZONE CROSS SECTION

  • Well mineralized tabular body beginning to take shape
  • Strong potential for expansion at depth
  • Pervasive potassic zone located in hole 16 extends to the North
  • KH18-14 shows a small break in the system due to extensional faulting, but can be used

to vector towards high grade gold zones.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CLIFF TARGET PORPHYRY INTRUSIONS & BRECCIAS

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

HYDROTHERMAL ALTERATION MINERALIZATION

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

NINA TARGET

  • 1.5 km step out to the north of Cliff Target
  • Drilled 180 m of mineralized Monzonite
  • Potassic intervals with 0.34% Cu and 0.77 g/t

AuEq vector richer grades at depth

  • KH18-17 confirmed the continuity of 4 km long

Cliff-Nina porphyry corridor

Nina drill pad looking West towards the Eskay Rift

DISCOVERY HOLE KH18-17

Nina is represented by extensive (400m x 300m) zone of sericitic alteration and NS-trending Monzonite dikes and breccias. The drilling intercepts including 0.34% Cu and 0.77 g/t AuEq in porphyry intrusions and 0.41 g/t AuEq in hydrothermal breccia reflect significant porphyry potential in the area.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

COLE TARGET

  • Porphyry and Epithermal Gold-Copper target
  • Northern end of 7.5 km long Hawilson Monzonite
  • Right along the “Red line” unconformity
  • Extensive geochemical footprint rich in Cu & Au
  • Large circular alteration Halo (500m X 500m)
  • Stockwork and Chalcopyrite at surface
  • 1300m drilled over 3 holes in 2018 program
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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

COLE TARGET DRILLING

  • KH18-18: intersected porphyry style

mineralization and elevated gold in sulphides.

  • KH18-19: discovered a high-grade gold zone of

137 g/t Au over 0.6m in shallow, intrusion- related massive sulphide veins.

  • KH18-20: drilled along and across the Adam fault

underneath an East dipping monzonite dike.

Hole ID Depth (m) From (m) To (m) Interval (m) Cu (ppm) Au (g/t) AuEq KH18-18 457.0 298.0 307. 9.0 183.3 0.94 0.97 424.0 434. 10.0 314.6 0.38 0.42 KH18-19 378.0 57.3 65.0 7.7 166.7 11.18 11.21 inc 64.4 65.0 0.6 812.0 137.0 137.12 138.0 145. 7.0 288.4 0.23 0.28 KH18-20 466.0 95.5 96.5 1.0 4180.0 0.10 0.74 198.0 202. 4.0 1622.5 0.45 0.70 309.0 318. 9.0 125.17 0.37 0.39

*AuEq values are based on $1,200/oz gold, $2.70/lb. Cu and 100% recovery.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

COLE TARGET

  • NS-trending Porphyry dikes, faults and multi-generational veins
  • A tabular zone of high-grade gold veins intersected in both KH18-18 and KH18-19
  • Geology, geophysics and alteration patterns vector a porphyry system to the Southeast

.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

ETTA TARGET

  • Au/Ag/Cu Epithermal Target
  • Intermediate sulphidation system to the west
  • f the Hawilson Monzonite
  • Well mineralized drusy quartz veins
  • utcropping at surface
  • 10m quartz-carbonate vein, which assayed

13.2 g/t Au, 795 g/t Ag and 1.3% Zn.

  • Strong potential for high grade drill intercepts
  • Currently untested with the drilling

Drusy quartz-carbonate veins in shear zone with ~10m strike length

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

THUNDER NORTH TARGET

  • Thunder N & S are early stage

prospects that collectively cover ~10km2 of the Kirkham Property

  • Adjacent to the Eskay Rift with

Trans-tensional tectonic setting

  • Similar geo-tectonic setting as

Garibaldis’ Nickel Mountain.

  • Young Basalts and glaciers cover

remain a challenge to explore and generate targets.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

THUNDER NORTH TARGET 2018 PROGRAM

  • Multiple VTEM Conductors identified for follow-up
  • Technical Advisor Dr. Lightfoot generated 56 targets

to be investigated

  • Dr. Lightfoot carried out 5-day mapping, prospecting

program and collected a series of gabbros for Ni-Cu potential.

  • Exploration targets (green points) to be investigated

for potential Ni-Cu systems.

  • 2 holes totaling 395 meters tested two VTEM

conductors in Oct 2018.

  • 2019 field program is focused to reveal the nickel

potential on the Kirkham property.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

REGIONAL TARGETS TO BE EXPLORED

  • King East: Large coincident mag and resistivity with

numerous gold-veins and felsic stocks to the south.

  • Fewright: An arcuate resistivity and mag anomaly

coincident with the southern Hawilson Monzonite.

  • Rhyolite Ridge: Represent Rhyolite lenses and sulfide

enrichment near contacts with sedimentary units indicate VMS style mineralization in the area.

  • Natt: VMS exhalative / Shear vein gold target with

anomalous Au-Ag, Zn and pathfinder As and Hg in soil.

  • Terwilligen: High in the porphyry system evident by

propylitic alteration. The geophysical modeling indicate a near surface intrusion.

  • Iliad: Coincident Mag-high and resistivity anomaly with

gossan showings to the west along Harrymel creek.

  • Maxmillion: Coincident Mag-highs and resistivity

anomaly with subtle geochemical anomalies.

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#515 – 850 West Hastings St., Vancouver, BC V6C 1E1 | Phone: 604.688.5077 | Email: info@metallisresources.com | Web: metallisresources.com

CONCLUSIONS

  • The 106km2 Kirkham property (100% owned by Metallis Resources Inc) is situated within a metallogenic belt of north-

western British Columbia, with a gold endowment greater than that in Carlin Trend, Nevada.

  • Approximately 10km strike-length of the “Red Line”, (Eskay Rift margin), hosting most of the copper-gold deposits in

the Golden Triangle, can be mapped through the Kirkham Property.

  • Multiple deposit types (Porphyry, Shear vein, Magmatic sulphide, Epithermal) and multiple targets, present the

company opportunities to make an economic discovery.

  • The 2018 Exploration Program consisted of:
  • In-fill VTEM survey (83m) over Thunder North, Thunder South and Central Kirkham
  • A Joint Venture VTEM Survey between Metallis Resources Inc. and Eskay Mining Corp. over the eastern border
  • f the property
  • Field mapping and rock-soil sampling over the Hawilson Monzonite to generate drill targets
  • 5094 meters of diamond core drilling spread over 4 exploration targets
  • 2018 Drilling Highlights:
  • Cliff Target = 383m @ 0.36 g/t Au incl. 37m @ 1.54 g/t Au in hole KH18-14
  • Cliff Target = 141m @ 0.40 g/t Au and 0.23% Cu in hole KH18-16
  • Cole Target = 7.7m @ 11.18 g/t Au over 7.7m including 137 g/t Au over 0.6m in hole KH18-18
  • Nina Target = 180m of mineralized Hawilson Monzonite (“HM”) and breccias highlighted by 17m @ 0.33 g/t

AuEq and 2m @ 0.34% Cu and 0.77 g/t AuEq in pristine potassic alteration.

  • Discovery of 10m quartz-carbonate vein at Etta, which assayed 13.2 g/t Au, 795 g/t Ag and 1.3% Zn
  • Discovery of Rhyolite Ridge (VMS Target) and Iliad (Porphyry Target) in Kirkham Property.
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A Golden Opportunity in the Heart of the Golden Triangle

515 – 850 West Hastings St Vancouver, BC V6C 1E1 Phone: 604.688.5077 Fax: 604.688.5017 Email: info@metallisresources.com Web: metallisresources.com

TSX-V: MTS