GreenLight Metals Finds Gold, Sulfide Intersections

News related to:GreenLight Metals Inc · 2 min read

GreenLight Metals Inc., a metals exploration company based in Wisconsin, has reported visual observations from step-out holes B26-015 and B26-016 at its Bend copper-gold volcanogenic massive sulfide ("VMS") Project. These holes intersected intervals containing massive to semi-massive sulfides along the interpreted copper-zone trend to the east and at depth, providing encouraging follow-up targets.

Observations from step-out hole B26-015 indicate a 24.52-metre interval from 428.55 to 453.07 metres comprising massive to semi-massive sulfides and a 0.77-metre tuff interbed, approximately 50 metres east of the B26-008/B26-010 drill section. In contrast, step-out hole B26-016 intersected a 31.62-metre interval from 468.12 to 499.74 metres, comprising massive to semi-massive sulfides and a 0.89-metre quartz vein, approximately 55 metres down-dip of B26-015. These intervals are visually logged but have not yet been assayed.

The company also reported results from step-out hole B26-012, which returned 55.90 metres grading 0.88 g/t gold from 446.50 metres, including 14.87 metres grading 2.65 g/t gold and, within that interval, 6.91 metres grading 4.38 g/t gold. This result demonstrates significant thickness and continuity, supporting further testing of the gold-bearing zone at depth. The true thickness of the interval is estimated to be 65-70% of drilled thickness.

Earlier Phase 2 drilling at the Bend Project returned 52.18 metres grading 1.12 g/t gold from 423.34 metres in B26-009W, approximately 75 metres down-dip of B26-007. The latest results from B26-012 add a gold-bearing intersection below B26-009/009W, reinforcing the potential for further exploration along the copper-zone trend.

Drilling continues in B26-017, with the remaining program focused on the copper-zone trend and a geological transition targeted by planned hole B26-018. These targets are designed to guide winter 2026/27 drilling, subject to required authorizations. The company is targeting approximately 6,800 metres of drilling within the existing 7,000-metre permitted program on the leased forty-acre Soo Line mineral parcel, with completion anticipated in October 2026.

GreenLight Metals Inc. is an exploration-stage copper-gold VMS project in Taylor County, Wisconsin, approximately 30 kilometres north-northwest of Medford. The company's interests are held through Green Light Wisconsin LLC, including the leased forty-acre Soo Line mineral parcel and a pending prospecting permit application over approximately 519 acres of adjacent federal mineral estate.

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