Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Drill Results

GreenLight Metals Reviews 2025 Achievements and 2026 Exploration Strategy

GreenLight Metals De-Risks Flagship Bend Project with High-Grade Intercepts and $11.5 Million War Chest for 2026.

By The Northwire Desk — AI Analysis Jan 08, 2026 · 07:01 GRL · 0.365 GreenLight Metals Inc.
Executive Summary

The most recent release (January 8, 2026) summarizes a "transformational" 2025 and sets an aggressive 2026 exploration strategy. In 2025, GreenLight completed a Phase 1 drilling program (2,037m) at its Bend Project in Wisconsin, confirming high-grade copper-gold mineralization. Notable intercepts include 22.24m of 5.27% CuEq (Hole B25-004) and 23.98m of 2.86% CuEq (Hole B25-006). Crucially, the company transitioned from a cash-poor private entity to a well-funded public company, closing an $11.5 million bought deal financing in November 2025. For 2026, the company plans to double down with a 7,000m drill program aimed at a maiden NI 43-101 resource estimate.

Material Impact

The impact is Material - Positive. - Proof of Concept: Drilling successfully validated the historical thesis that the Bend deposit strengthens and thickens at depth. The grades encountered (over 5% CuEq in certain zones) are exceptional for a VMS system and suggest significant economic potential. - Financial De-risking: Entering 2025, the company had less than $400k in cash. The recent $11.5 million raise provides approximately two years of exploration runway at current burn rates, removing the immediate "going concern" risk and the need for predatory financing. - Critical Minerals Angle: The consistent encounter of Tellurium (>500 g/t Te) adds a "critical metals" narrative that aligns with U.S. domestic supply chain security, potentially opening doors for federal grants or strategic partnerships. - Scale: The plan to mobilize two rigs for 7,000m in 2026 is a massive step-change from the 2,000m "test" program in 2025.

GRL · Price
Company Overview

GreenLight Metals is focused on the Penokean VMS Belt in Wisconsin, USA. - Flagship Project: The Bend Project. - Historical Resource: 4.0 million tonnes at 1.74% Cu and 2.44 g/t Au (non-NI 43-101 compliant). - Geology: Volcanogenic Massive Sulfide (VMS). The deposit is a near-vertical massive sulfide body hosted in felsic volcanic rocks. - Strategy: Aggressive consolidation and exploration of the belt, which has seen little activity since a mining moratorium was lifted in Wisconsin in 2017.

Read the original news release →

More from GreenLight Metals Inc.

Nov 10, 2026 · 07:01

GreenLight confirms copper-gold continuity at Bend step-out, with the stock near lows as investors await potential scale-up.

Drill Results Oct 22, 2026 · 07:02

GreenLight’s B26-015 tops Phase 2 CuEq grades and extends the Bend East deposit, with pending assays carrying the weight of the results.

Drill Results Sep 22, 2026 · 07:01

GreenLight reports unassayed sulfide hits and a single gold-only assay at its project, with no true widths disclosed for the new intercepts.

Drill Results Aug 04, 2026 · 07:31

GreenLight secures non-dilutive Nevada funding and advances drilling at its Wisconsin VMS project.

M&A / Property Jul 22, 2026 · 07:11

GreenLight reports a broad gold footwall hit extending the Bend VMS deposit, though copper grades underwhelm compared to prior rich copper intersections.

Drill Results Jul 20, 2026 · 07:11

GreenLight’s FAST-41 listing accelerates federal review for its Wisconsin copper-gold project.

Regulatory