Metallis Resources Inc (MTLFF)

[eqinvestor]

CLIFF PORPHYRY SYSTEM


Overview

Location: 398805 E, 6257215 N

Mineral Deposit Type: Porphyry

Commodity: Copper-Gold (Moly)

Size: 3.5 x 0.5 Km

Exploration Completed: Remote Sensing, Mapping, VTEM Surveys and Drilling (8,267m)

Planned Work: Detailed mapping, sampling, IP survey and drilling


Geographical Framework

Cliff porphyry system lies on the southern end of the 7.5 km long Hawilson Monzonite (‘HM’) complex at Kirkham Property. Porphyry Cu-Au mineralization at Cliff is associated with a 200-500m wide and 3.5 km long, north-south trending corridor of Jurassic age (191 Ma) monzodiorite porphyry intrusions and breccias hosted by upper Triassic Stuhini Group rocks. The porphyry dikes and hydrothermal alteration footprint is proximate to the Triassic-Jurassic unconformity; referred to as the “Red Line” (Kyba 2014) recognized as an important geological horizon for copper-gold deposits in the Golden Triangle. The geological framework and metallogeny of the Cliff porphyry system is similar to the Kerr Deposit of Seabridge Gold’s KSM project, which has an inferred resource of 1.92 billion tonnes grading 0.41% copper and 0.31 g/t gold, containing 19.0 million ounces of gold and 17.3 billion pounds of copper (Seabridge New Release Feb 16, 2017).

More information can be found in the IBOX above. I will update as updates are provided by the company.