Metallis Resources Inc. announced antimony assay results from the inaugural field exploration program on the Company's Greyhound property ("the Property"), a high-grade silver/gold/antimony project within a historic stibnite mining camp, located in Idaho, USA. Initial results have returned multiple rock samples greater than 1% antimony at a time when significant attention is being paid to this critical mineral. Recent curbs by the Chinese government have increased urgency for domestic sources of antimony, demonstrated by the US federal government's funding of nearby Perpetua Resources with a USD 1.8 billion loan facility to develop an antimony/gold mine, and the Pentagon's commitment of USD 60 million to fund the mine's permitting.
The Program, which began in early July, was designed to outline high-grade mineralized shoots at several historic showings along the 3.6 km Greyhound shear zone. A total of 559 soil samples and 133 rock samples were collected along with geological mapping and structural data. Roadwork was also completed to maintain safe and efficient access to the property and to several historic showings on site.
Initial assay results have confirmed that the Greyhound shear hosts highly anomalous antimony ("Sb") with 12% of the rocks returning >1% Sb. The most elevated antimony assay was returned from a rock sample taken at the Bulldog Showing that delivered a significant 4.54% Sb from semi-massive sulfide containing galena, sphalerite, arsenopyrite and stibnite. Three contiguous rock samples taken as 'continuous chips' near the Bulldog returned 0.61% Sb over a 3 m length, further validating the strong mineralization at surface.
Although consistent antimony mineralization was identified along the entire length of the Greyhound shear, the best antimony results occur in the northwestern portion of the property at showings that include Bulldog, Republican, and Idaho, none of which have ever been drilled (See map). Assay results for gold and silver are pending as "over-limit" analyses are still being completed.
