Northwire Canada EditionSunday, September 13, 2026
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GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
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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CLARIFICATION OF PRIVATE PLACEMENT CLOSING ANNOUNCED MARCH 10, 2026

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