METALLIS ANNOUNCES HIGH-GRADE DISCOVERY AT "1350 ZONE" INCLUDING 795 G/T SILVER EQUIVALENT* OVER 1.48 METERS
Original announcement by tmx on
- Company
- Metallis Resources Inc.
- Ticker
- MTS
- Exchange
- TSX
- Region
- Idaho, USA
- Primary commodity
- Silver
- Secondary commodities
- Gold, Antimony, Lead, Zinc
- Document categories
- Drill results, Other
- Extracted
- 2026-08-25 23:00:44 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Metallis Resources has announced high-grade silver-equivalent discovery at its Greyhound Property in Idaho, highlighted by an intercept of 4,859 g/t AgEq over 0.15m in hole GH25-05. The inaugural program also identified a new parallel shear zone and significant antimony mineralization, suggesting strong critical-metal potential.
Reasoning: Inaugural drilling program at the 1350 Zone has returned exceptional silver-equivalent grades and discovered a new parallel structure, significantly expanding the exploration potential of the Greyhound Property.
Positive factors
- exceptional silver grades
- discovery of new parallel shear zone
- critical mineral (antimony) presence
- QA/QC disclosed
Negative factors
- poor drill recoveries at Bulldog target
- true widths not yet determined
Facts used in scoring: 10
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 4,859 g/t AgEq is exceptionally high grade.
Evidence · text
“standout high-grade intercept in GH25-05 returned 4,859 g/t AgEq* over 0.15 m”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Discovery of a previously unknown shear zone parallel to the main shear.
Evidence · text
“uncovered a previously unknown mineralized structure parallel to the main Greyhound shear”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions ALS Labs (ISO 17025 accredited), use of blanks, duplicates, and standards.
Evidence · text
“ALS Labs (an independent ISO-IEC 17025:2017 and ISO 9001:2015 accredited geo-analytical laboratory )”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: Not applicable as QA/QC is disclosed.
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Drill Results (10)
GH25-05Greyhound · silverGrade: 4859Grade Unit: g/t AgEqIntercept: 0.15 mView all detailsHide details
Identity
- Hole ID
- GH25-05
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 4859
- Grade Unit
- g/t AgEq
- Intercept
- 0.15 m
- From
- 129.55 m
- To
- 129.7 m
Classification
- Sample Type
- drill
- Group ID
- GH25-05:129.55-129.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Extremely high grade AgEq intercept in an inaugural program.
Positive factors
- Bonanza Intercept
Evidence · text
“standout high-grade intercept in GH25-05 returned 4,859 g/t AgEq* over 0.15 m”
GH25-05Greyhound · silverGrade: 795Grade Unit: g/t AgEqIntercept: 1.48 mView all detailsHide details
Identity
- Hole ID
- GH25-05
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 795
- Grade Unit
- g/t AgEq
- Intercept
- 1.48 m
- From
- 129.55 m
- To
- 131.03 m
Classification
- Sample Type
- drill
- Group ID
- GH25-05:129.55-131.03
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: High grade silver equivalent intercept.
Positive factors
- Strong grade
Evidence · text
“795 g/t AgEq* over 1.48 meters”
GH25-05Greyhound · antimonyGrade: 5.02Grade Unit: %Intercept: 0.15 mView all detailsHide details
Identity
- Hole ID
- GH25-05
- Project
- Greyhound
- Commodity
- antimony
- Ticker
- MTS
Geometry
- Grade
- 5.02
- Grade Unit
- %
- Intercept
- 0.15 m
- From
- 129.55 m
- To
- 129.7 m
Classification
- Sample Type
- drill
- Group ID
- GH25-05:129.55-129.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: High grade antimony intercept confirming critical metal potential.
Positive factors
- Critical mineral discovery
Evidence · text
“5.02% antimony over 0.15 m in GH25-05”
GH25-05Greyhound · goldGrade: 1.5Grade Unit: g/tIntercept: 3.8 mView all detailsHide details
Identity
- Hole ID
- GH25-05
- Project
- Greyhound
- Commodity
- gold
- Ticker
- MTS
Geometry
- Grade
- 1.5
- Grade Unit
- g/t
- Intercept
- 3.8 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Moderate gold grade identified in inaugural program.
Evidence · text
“1.5 g/t Au over 3.8 m In GH25-05”
GH25-07Greyhound · silverGrade: 514Grade Unit: g/t AgEqIntercept: 1.9 mView all detailsHide details
Identity
- Hole ID
- GH25-07
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 514
- Grade Unit
- g/t AgEq
- Intercept
- 1.9 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Strong silver equivalent intercept.
Evidence · text
“1.9 m of 514 g/t AgEq*”
GH25-07Greyhound · silverGrade: 1168Grade Unit: g/t AgEqIntercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- GH25-07
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 1168
- Grade Unit
- g/t AgEq
- Intercept
- 0.35 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: High grade silver intercept.
Positive factors
- Bonanza Intercept
Evidence · text
“0.35 m of 1,168 g/t AgEq*”
GH25-07Greyhound · silverGrade: 142Grade Unit: g/t AgEqIntercept: 15.45 mView all detailsHide details
Identity
- Hole ID
- GH25-07
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 142
- Grade Unit
- g/t AgEq
- Intercept
- 15.45 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Broad interval of moderate mineralization.
Positive factors
- Strong continuity
Evidence · text
“15.45 m of 142 g/t AgEq* in GH25-07”
GH25-07Greyhound · antimonyGrade: 0.56Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- GH25-07
- Project
- Greyhound
- Commodity
- antimony
- Ticker
- MTS
Geometry
- Grade
- 0.56
- Grade Unit
- %
- Intercept
- 0.35 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Presence of antimony confirmed.
Evidence · text
“0.56% Sb over 0.35 m in GH25-07”
GH25-06Greyhound · silverGrade: 21.8Grade Unit: g/t AgEqIntercept: 18 mView all detailsHide details
Identity
- Hole ID
- GH25-06
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 21.8
- Grade Unit
- g/t AgEq
- Intercept
- 18 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Moderate grades in a broad zone, but lacked the high-grade silver-rich band seen elsewhere.
Negative factors
- Lacked high-grade band
Evidence · text
“18.0 m of 21.8 g/t AgEq*”
GH25-03Greyhound · silverGrade: 127Grade Unit: g/t AgEqIntercept: 0.76 mView all detailsHide details
Identity
- Hole ID
- GH25-03
- Project
- Greyhound
- Commodity
- silver
- Ticker
- MTS
Geometry
- Grade
- 127
- Grade Unit
- g/t AgEq
- Intercept
- 0.76 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-04T00:00:00.000Z
Reasoning: Intercept reported at Bulldog target where poor drill recoveries may affect assay reliability.
Negative factors
- Poor drill recoveries
Evidence · text
“0.76 m of 127 AgEq*”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.