Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

METALLIS ADVANCES GEOLOGICAL INTERPRETATION OF GREYHOUND SHEAR AND REFINES TARGETING MODEL FOR 2026 DRILL PROGRAM

Metallis Refines Greyhound Targeting Model Amidst Consolidation

By The Northwire Desk — AI Analysis May 06, 2026 · 08:00 MTS · 0.17 Metallis Resources Inc.
Executive Summary

Executive Summary

  • Metallis Resources has completed a technical review and reinterpretation of the Greyhound Silver-Gold-Antimony Project in Idaho using 3D modeling.
  • The updated model identifies new high-grade target areas along a 3.5 km trend and reveals a significant new geochemical anomaly north of the Republican zone.
  • A 3,000-meter drilling program is planned for the 2026 field season, focusing on the Rufus Zone and targets including Bulldog, Birdie, and Idaho.
Material Impact

News Context and Expectations

  • The news confirms the execution of the 2026 drilling program previously funded by the March 2026 private placement ($1.262M).
  • It refines targeting based on 2025 drill results, which were released in December 2025 (NewsId 122412) and caused a significant price spike followed by a sharp decline.
  • The market has already priced in the existence of high-grade mineralization from the Dec 2025 announcement; this news is an operational refinement rather than a new discovery event.
MTS · Price
Company Overview

Corporate Profile

  • Company Name: Metallis Resources Inc. (TSX-V: MTS, OTCQB: MTLFF).
  • Strategy: Focus on exploration of high-grade gold-copper targets in the Golden Triangle (Kirkham) and polymetallic silver-gold-antimony targets in Idaho (Greyhound).
  • Management: Fiore Aliperti (CEO), Dave Nuttall (VP Exploration - appointed March 2026).
Read the original news release →

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