American Resources Corporation shares rise 16.55% intraday after Metallis Resources Inc. commences drilling at Greyhound Property.

American Resources Corporation rose 16.55% intraday, with the company announcing the commencement of its inaugural drill program at the Greyhound Property, located in the historic Stibnite Mining District of central Idaho. This first-ever drilling campaign will test high-grade silver, gold, and antimony targets within a 3.5 km-long mineralized shear zone. The drill program has been contracted to Foraco Drilling Ltd., a leading global drilling services provider, with up to 2,000 m of diamond drilling planned for the inaugural campaign.