Metallis Resources Inc. announced the completion of the Company's 2022 exploration program (the "Program") at its 100%-owned Kirkham Property situated in the prolific Eskay Camp of the Golden Triangle, northwestern British Columbia, a district known worldwide for the past producing Eskay Creek and Snip gold mines, Seabridge's KSM porphyry deposits, and Newcrest Mining's producing Brucejack gold mine. The 2022 drill program occurred at the South Cliff area of the Cliff-Miles porphyry corridor and was designed to undercut and extend the best drill results on the property, occurring within the Hawilson Porphyry Complex (KH18-16 with 0.8 g/t AuEq over 118 m, including 0.96 g/t AuEq over 84 m and KH19-30 with 0.5 g/t AuEq* over 126.55 m). The geological team utilized a single cost and time efficient drill pad to drill four holes between two fans to avoid costly weather-related delays as had been experienced by Metallis and other projects in 2021, and by many surrounding projects in 2022.

In addition to drilling, first-pass soil sampling and rock sampling took place along the Hawilson Trend – an 11 km long series of ZTEM features that lie on trend with and resemble the Cliff-Miles Half Graben, as well as over the "Max" magnetic anomaly. All drill core and surface samples have been submitted to ALS Labs. Assay results will be reported after they have been subjected to QA/QC validation.

David Dupre, P.Geo, Vice President - Exploration and the Qualified Person, as defined by National Instrument 43-101, has reviewed, and approved the technical information contained in this release.