# METALLIS ANNOUNCES HIGH-GRADE DISCOVERY AT "1350 ZONE" INCLUDING 795 G/T SILVER EQUIVALENT\* OVER 1.48 METERS

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8

Original source: https://money.tmx.com/en/quote/MTS/news/7077950863843150/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq

Publisher: tmx

Original announcement: 2025-12-04T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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: 2026-09-18 11:04:11 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Metallis Resources Inc. has announced high-grade silver-equivalent discovery at the 1350 Zone of its Greyhound Property in Idaho. The inaugural diamond drilling program returned exceptional intercepts, including 4,859 g/t AgEq over 0.15 m, and identified a new parallel mineralized shear zone.

Reasoning: The inaugural drilling program at the 1350 Zone returned exceptional high-grade silver-equivalent intercepts and identified a new structural target, significantly de-risking the property's exploration potential.

- Positive factor: Exceptional silver equivalent grades \(up to 4,859 g/t AgEq\)

- Positive factor: Discovery of a new parallel shear zone

- Positive factor: Presence of critical mineral antimony

- Positive factor: Inaugural program confirms high-grade mineralized footprint

- Negative factor: Poor drill recoveries noted at the Bulldog target

- Negative factor: True widths currently unknown

Facts used in scoring: 6

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 4,859 g/t AgEq is exceptionally high for a silver-equivalent intercept.

Evidence · text

> A standout high-grade intercept in GH25-05 returned 4,859 g/t AgEq\* over 0.15 m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Discovery of a previously unknown mineralized structure parallel to the main shear.

Evidence · text

> uncovered a previously unknown mineralized structure parallel to the main Greyhound shear

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions ALS Labs \(accredited\), use of blanks, duplicates, and standards.

Evidence · text

> ALS Labs \(an independent ISO-IEC 17025:2017 and ISO 9001:2015 accredited geo-analytical laboratory \)

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states true widths are still unknown at this early stage.

Evidence · text

> True widths still unknown at early stage of exploration.

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### GH25-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8#fact-drill-facts-0)

Greyhound · silver

#### Identity

- Hole ID: GH25-05
- Project: Greyhound
- Commodity: silver
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: MTS

#### Geometry

- Grade: 4859
- Grade Unit: g/t
- Intercept: 0.15 m
- From: 129.55 m
- To: 129.7 m
- Intercept Depth: 129.55 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH25-05:129.55-129.7
- Mining Method: unknown

#### Location

- Location: 1350 Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4859
- Metal Eq. Unit: g/t AgEq\*
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: Standout high-grade intercept.

- Positive factor: Exceptional grade

Evidence · text

> A standout high-grade intercept in GH25-05 returned 4,859 g/t AgEq\* over 0.15 m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is 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: "We are committed to unlocking its full value alongside our investors." Highlights: 5.02% antimony over 0.15 m in GH25-05"

### GH25-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8#fact-drill-facts-1)

Greyhound · silver

#### Identity

- Hole ID: GH25-05
- Project: Greyhound
- Commodity: silver
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: MTS

#### Geometry

- Grade: 795
- Grade Unit: g/t
- Intercept: 1.48 m
- From: 129.55 m
- To: 131.03 m
- Intercept Depth: 129.55 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH25-05:129.55-131.03
- Mining Method: unknown

#### Location

- Location: 1350 Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 795
- Metal Eq. Unit: g/t AgEq\*
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: Strong intercept in the main target zone.

- Positive factor: High grade

Evidence · text

> At 129.55 m depth, a quartz sulphide vein was intercepted grading 795 g/t AgEq\* over 1.48 m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is 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: "We are committed to unlocking its full value alongside our investors." Highlights: 5.02% antimony over 0.15 m in GH25-05"

### GH25-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8#fact-drill-facts-2)

Greyhound · antimony

#### Identity

- Hole ID: GH25-05
- Project: Greyhound
- Commodity: antimony
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: MTS

#### Geometry

- Grade: 5.02
- Grade Unit: %
- Intercept: 0.15 m
- From: 129.55 m
- To: 129.7 m
- Intercept Depth: 129.55 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH25-05:129.55-129.7
- Mining Method: unknown

#### Location

- Location: 1350 Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: High grade antimony confirms critical metal potential.

- Positive factor: Critical mineral presence

Evidence · text

> 5.02% antimony over 0.15 m in GH25-05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is 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: "We are committed to unlocking its full value alongside our investors." Highlights: 5.02% antimony over 0.15 m in GH25-05"

### GH25-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8#fact-drill-facts-3)

Greyhound · silver

#### Identity

- Hole ID: GH25-07
- Project: Greyhound
- Commodity: silver
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: MTS

#### Geometry

- Grade: 514
- Grade Unit: g/t
- Intercept: 1.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Location: 1350 Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 514
- Metal Eq. Unit: g/t AgEq\*
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: Strong silver equivalent intercept.

- Positive factor: High grade

Evidence · text

> 1.90 meters of 514 g/t AgEq\* \(including 0.50 m of 1,281 g/t AgEq\*\) in GH25-07

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is 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: "We are committed to unlocking its full value alongside our investors." Highlights: 5.02% antimony over 0.15 m in GH25-05"

### GH25-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8#fact-drill-facts-4)

Greyhound · silver

#### Identity

- Hole ID: GH25-07
- Project: Greyhound
- Commodity: silver
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: MTS

#### Geometry

- Grade: 142
- Grade Unit: g/t
- Intercept: 15.45 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Location: 1350 Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 142
- Metal Eq. Unit: g/t AgEq\*
- Assumptions Disclosed: Yes

#### 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 factor: Broad interval

Evidence · text

> 15.45 m of 142 g/t AgEq\* in GH25-07

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is 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: "We are committed to unlocking its full value alongside our investors." Highlights: 5.02% antimony over 0.15 m in GH25-05"

### GH25-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/metallis-announces-high-grade-discovery-at-1350-zone-including-795-g-t-silver-eq--497d47b6-1f2a-46f4-816c-1f31e01912e8#fact-drill-facts-5)

Greyhound · gold

#### Identity

- Hole ID: GH25-05
- Project: Greyhound
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: MTS

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 3.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Location: 1350 Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: Identified gold grades in the system.

- Positive factor: Gold presence

Evidence · text

> 1.5 g/t Au over 3.8 m In GH25-05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is 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: "We are committed to unlocking its full value alongside our investors." Highlights: 5.02% antimony over 0.15 m in GH25-05"

## 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.
