# Metallis shares up 27% on exploration update news in Idaho Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e Original source: https://resourceworld.com/metallis-shares-up-27-on-exploration-update-news-in-idaho/ Publisher: resourceworld Original announcement: 2026-10-07T14:05:32.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-07T20:19:53.133Z Atlas analysis updated: 2026-10-07T20:19:53.133Z - Company: Metallis Resources Ltd. - Ticker: MTS - Exchange: Unavailable - Region: Idaho - Primary commodity: Silver - Secondary commodities: Gold, Antimony, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-10-07 20:19:53 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Metallis Resources reported significant surface exploration results at the Greyhound Property in Idaho, including the identification of new veins and high-grade silver, gold, and antimony sampling. The news, which includes a 1,425 g/t silver grab sample, led to a nearly 27% rally in the company's share price. Reasoning: Surface sampling returned exceptional silver grades \(up to 1,425 g/t\) and identified new structural targets, driving a 27% share price increase. - Positive factor: High-grade silver and gold surface sampling - Positive factor: Identification of new veins \(Corso, Tanager, Shiba\) - Positive factor: Expansion of exploration footprint Facts used in scoring: 13 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The program identified several previously undiscovered veins and extended known veins. Evidence · text > identified several previously undiscovered veins, extended known veins **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Sampling returned 1,425 g/t silver, which is exceptionally high grade. Evidence · text > returned 1,425 g/t silver ## Extracted facts Stored fact records: 13. Some facts used in scoring do not have a stored record. ## Drill Results (13) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-0) Greyhound Property · silver #### Identity - Project: Greyhound Property - Commodity: silver - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 566 - Grade Unit: g/t - Intercept: 2 m - From: 0 m - To: 2 m #### Classification - Sample Type: surface - Group ID: Metallis:discovery\_outcrop:0-2.0 #### Location - Location: discovery outcrop - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 566 g/t silver is an exceptional grade for silver. - Positive factor: Exceptional silver grade Evidence · text > 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-1) Greyhound Property · gold #### Identity - Project: Greyhound Property - Commodity: gold - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 2 m - From: 0 m - To: 2 m #### Classification - Sample Type: surface - Group ID: Metallis:discovery\_outcrop:0-2.0 #### Location - Location: discovery outcrop - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 1.0 g/t gold is a moderate grade. Evidence · text > 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-2) Greyhound Property · antimony #### Identity - Project: Greyhound Property - Commodity: antimony - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 0.46 - Grade Unit: % - Intercept: 2 m - From: 0 m - To: 2 m #### Classification - Sample Type: surface - Group ID: Metallis:discovery\_outcrop:0-2.0 #### Location - Location: discovery outcrop - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 0.46% stibnite is a notable value for antimony. Evidence · text > 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-3) Greyhound Property · lead #### Identity - Project: Greyhound Property - Commodity: lead - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 0.83 - Grade Unit: % - Intercept: 2 m - From: 0 m - To: 2 m #### Classification - Sample Type: surface - Group ID: Metallis:discovery\_outcrop:0-2.0 #### Location - Location: discovery outcrop - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 0.83% lead is a moderate value. Evidence · text > 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-4) Greyhound Property · zinc #### Identity - Project: Greyhound Property - Commodity: zinc - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 0.17 - Grade Unit: % - Intercept: 2 m - From: 0 m - To: 2 m #### Classification - Sample Type: surface - Group ID: Metallis:discovery\_outcrop:0-2.0 #### Location - Location: discovery outcrop - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 0.17% zinc is a low value. Evidence · text > 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-5) Greyhound Property · silver #### Identity - Project: Greyhound Property - Commodity: silver - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 447 - Grade Unit: g/t - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:grab\_50m\_along\_strike:0-0 #### Location - Location: 50 metres along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 447 g/t silver is a strong grade. - Positive factor: Strong silver grade Evidence · text > 447 g/t silver, 1.1 g/t gold, 0.11% stibnite and 1.1% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-6) Greyhound Property · gold #### Identity - Project: Greyhound Property - Commodity: gold - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 1.1 - Grade Unit: g/t - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:grab\_50m\_along\_strike:0-0 #### Location - Location: 50 metres along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 1.1 g/t gold is a moderate grade. Evidence · text > 447 g/t silver, 1.1 g/t gold, 0.11% stibnite and 1.1% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-7) Greyhound Property · antimony #### Identity - Project: Greyhound Property - Commodity: antimony - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:grab\_50m\_along\_strike:0-0 #### Location - Location: 50 metres along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 0.11% stibnite is a low value. Evidence · text > 447 g/t silver, 1.1 g/t gold, 0.11% stibnite and 1.1% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-8) Greyhound Property · lead #### Identity - Project: Greyhound Property - Commodity: lead - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:grab\_50m\_along\_strike:0-0 #### Location - Location: 50 metres along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 1.1% lead is a moderate value. Evidence · text > 447 g/t silver, 1.1 g/t gold, 0.11% stibnite and 1.1% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-9) Greyhound Property · silver #### Identity - Project: Greyhound Property - Commodity: silver - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 1425 - Grade Unit: g/t - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:float\_old\_trench:0-0 #### Location - Location: old trench along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 1,425 g/t silver is an exceptional grade. - Positive factor: Exceptional silver grade Evidence · text > 1,425 g/t silver, 0.10 g/t gold, 0.34% stibnite and 2.10% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-10) Greyhound Property · gold #### Identity - Project: Greyhound Property - Commodity: gold - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 0.1 - Grade Unit: g/t - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:float\_old\_trench:0-0 #### Location - Location: old trench along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 0.10 g/t gold is a very low grade. Evidence · text > 1,425 g/t silver, 0.10 g/t gold, 0.34% stibnite and 2.10% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-11) Greyhound Property · antimony #### Identity - Project: Greyhound Property - Commodity: antimony - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 0.34 - Grade Unit: % - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:float\_old\_trench:0-0 #### Location - Location: old trench along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 0.34% stibnite is a moderate value. Evidence · text > 1,425 g/t silver, 0.10 g/t gold, 0.34% stibnite and 2.10% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ### Fact 13 [Link to this fact](https://atlas-staging.minestarters.com/news/metallis-shares-up-27-on-exploration-update-news-in-idaho--0f6b0bb9-27f6-42bb-b82e-1d9d312e0c6e#fact-drill-facts-12) Greyhound Property · lead #### Identity - Project: Greyhound Property - Commodity: lead - Region: usa\_id - Reported Region: Idaho - Ticker: MTS #### Geometry - Grade: 2.1 - Grade Unit: % - Intercept: 0 m - From: 0 m - To: 0 m #### Classification - Sample Type: surface - Group ID: Metallis:float\_old\_trench:0-0 #### Location - Location: old trench along strike - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: 2.10% lead is a strong value. Evidence · text > 1,425 g/t silver, 0.10 g/t gold, 0.34% stibnite and 2.10% lead #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Sampling returned 566 g/t silver, 1.0 g/t gold, 0.46% stibnite, 0.83% lead and 0.17% zinc from a 2.0 metre chip sample a" ## 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.