Northwire Canada EditionThursday, July 30, 2026
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ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results

Metallis starts drill program at Greyhound

By The Northwire Desk — AI Analysis Aug 22, 2025 · 13:08 MTS · 0.21 Metallis Resources Inc.
MTS · Price

Executive Summary

  • Metallis Resources Inc. has launched its inaugural diamond‑drill program at the Greyhound property in Idaho, targeting high‑grade silver, gold and antimony zones within a 3.5 km shear zone.
  • Up to 2,000 m of drilling will be performed by Foraco Drilling Ltd., focusing on three priority targets (Lower Rufus, Bulldog, Birdie).
  • The program follows historic sampling that returned 1.85 g/t Au and 785 g/t Ag over a 36.9‑m interval, indicating significant exploration potential.

Key Details

  • Drill Contractor: Foraco Drilling Ltd., a global drilling services provider.
  • Planned Depth: Up to 2,000 metres of diamond drilling for the 2025 program.
  • Target Areas:
  • Lower Rufus target – historic channel sample: 1.85 g/t Au and 785 g/t Ag over 36.9 m.
  • Bulldog target – broad shear zone with quartz‑sulphide veins, existing road access.
  • Birdie target – parallel shear trend with adits and trenches indicating additional mineralization.
  • Property Background: Optioned in Feb 2024; located ~42 km NW of Stanley, ID, within historic Stibnite mining district.
  • Geology: Polymetallic quartz‑sulphide veins containing gold, silver, antimony (critical mineral), lead and zinc; comparable to Silver Valley deposits.
  • Qualified Person: David Dupre, P.Geo., VP Exploration, NI 43‑101 qualified person, reviewed and approved technical information.

Notable Quotes

“Launching our inaugural drill program at Greyhound marks a milestone moment for Metallis… We believe the results from this inaugural program will provide the foundation for significant value creation for our shareholders.” – Fiore Aliperti, CEO, Metallis Resources Inc.

Read the original news release →

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Drill Results