Skip to main content

METALLIS ANNOUNCES SIGNIFICANT ANTIMONY RESULTS AT GREYHOUND AS CHINA LIMITS CRITICAL MINERAL EXPORTS

Newswire.ca - Wed Sep 4, 2024

VANCOUVER, BC, Sept. 4, 2024 /CNW/ - Metallis Resources Inc. (TSXV: MTS) (OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce antimony assay results from the inaugural field exploration program (the "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 US$1.8 billion loan facility to develop an antimony/gold mine, and the Pentagon's commitment of US$60 million to fund the mine's permitting.

Read more at newswire.ca
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.