GreenLight Metals Intersects Significant Copper-Rich VMS Mineralization at Bend Project in Wisconsin Including 12.85m of 4.15% Copper Equivalent
Executive Summary
- GreenLight Metals completed its six‑hole, 2,037 m Phase 1 diamond drill program at the Bend project and released assay results for holes B25‑001 to B25‑003, confirming high‑grade copper–gold mineralization with notable tellurium content.
- Hole B25‑003 delivered a standout intercept of 12.85 m (true thickness 11.3 m) grading 1.81 % Cu, 1.75 g/t Au, 22.7 g/t Ag and 346.9 g/t Te, including a higher‑grade sub‑interval of 3.56 m at 2.68 % Cu, 2.77 g/t Au.
- Visual core logging in holes B25‑004 to B25‑006 identified exceptionally thick massive to semi‑massive sulfide zones (22.24 m, 8.79 m and 17.11 m respectively); assay results are pending but suggest further expansion of the deposit eastward and down‑plunge.
Key Details
- Phase 1 Completion: Six holes drilled on privately owned mineral land; program finished on schedule, testing the eastern extension of the known Bend VMS deposit.
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Assay Highlights – Holes B25‑001 to B25‑003:
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B25‑001: 0.56 m @ 0.49 % Cu, 0.54 g/t Au, 18.85 g/t Ag, 163.5 g/t Te (Cu Eq 1.37 %).
- B25‑002: 10.85 m @ 0.32 % Cu, 0.54 g/t Au, 3.95 g/t Ag, 59.21 g/t Te (Cu Eq 1.00 %); includes higher‑grade sub‑intervals (1.32 m @ 1.17 % Cu, 1.20 g/t Au).
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B25‑003: 12.85 m @ 1.81 % Cu, 1.75 g/t Au, 22.7 g/t Ag, 346.9 g/t Te (Cu Eq 4.15 %); sub‑interval 3.56 m @ 2.68 % Cu, 2.77 g/t Au, 21.17 g/t Ag, 481.5 g/t Te (Cu Eq 6.19 %).
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Visual Sulfide Intercepts – Holes B25‑004 to B25‑006 (assays pending):
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B25‑004: 22.24 m (true thickness 17.8 m) massive to semi‑massive pyrite‑chalcopyrite sulfide (~75 % pyrite, ~8 % chalcopyrite).
- B25‑005: 8.79 m (7.21 m true) similar sulfide mineralization (~65 % pyrite, ~6 % chalcopyrite).
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B25‑006: 17.11 m (11.98 m true) massive to semi‑massive sulfide (~55 % pyrite, ~6 % chalcopyrite).
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Tellurium Inclusion: Analytical program includes Te; six samples from the B25‑003 intercept exceed the 500 g/t detection limit—results pending, potentially adding critical‑metal value.
- Geological Context: Intercepts confirm eastward plunge (~36–42°) and open continuity at depth; mineralization thickens down‑plunge with consistent stratigraphy (rhyolite/dacite flows over ash‑tuff sequences).
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Next Steps:
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Assay results for B25‑004 – B25‑006 expected within 3–4 weeks.
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Planning Phase 2 winter drill program (5,000–6,000 m) to further delineate the deposit; permitting underway for both federal prospecting permit area and private mineral parcel.
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Qualified Person: Thomas Quigley, MSc, CPG‑11962, Exploration Director (NI 43‑101 QP).
Notable Quotes
“These results mark a new beginning for the Bend Project… the 22.24‑meter interval in hole B25‑004 represents one of the thickest massive to semi‑massive sulfide intercepts recorded on the property.” – Matt Filgate, President & CEO
All forward‑looking statements are subject to risks and uncertainties detailed in the release.