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Metallis Resources Begins 2026 Field Season at Greyhound Project, Idaho

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Metallis Resources (MTS.V) has begun 2026 field season at its Greyhound Project in central Idaho, it said Wednesday.

Exploration crews have arrived at the project and initial field activities include road and access route maintenance, establishing camp facilities and site visits to priority exploration targets and to verify drill pad locations, said the company.

The 2026 exploration program, which will include diamond drilling, geological mapping, trenching, and geochemical sampling, is expected to help the company understand the Greyhound Shear Zone, refine existing drill targets, and identify additional mineralized structures for future exploration, it added.

Drilling is expected to begin once mobilization activities and final target verification are complete and initial drilling will focus on the Rufus Zone, said Metallis.

"We are particularly excited to return to the Rufus Zone, where last year's drilling significantly improved our understanding of the scale and mineralized potential of the system," said VP of Exploration Dave Nuttall. "Our objective this season is to better define the structural controls on mineralization and further evaluate the continuity of higher-grade shoots within the broader shear zone."

The company's shares were last seen down C$0.005 to C$0.13 on the TSX Venture Exchange.

Price: $0.13, Change: $-0.01, Percent Change: -3.70%

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