Metalero Mining outlines 2026 exploration, drill plans

Executive Summary

• Metalero Mining Corp. outlined its strategic vision for 2026, focusing on advanced exploration at its flagship Benson project in British Columbia and pursuing strategic acquisitions.
• The company anticipates releasing full results from its 2025 exploration programs (soil sampling and geophysics) in early Q1 2026, which will guide a potential 2026 drill program.
• The Benson project land package has been expanded to 173 square km, and the company has completed two oversubscribed financings in 2025 totaling approximately $1.23 million to support these initiatives.

Key Details

• Project Expansion: The Benson project in central British Columbia (Quesnel Trough) has been expanded by 7 square km, bringing the total land package to 173 square km. It is located ~15 km east of Quesnel.
• Exploration Targets: Five high-priority copper-gold targets identified via AI work by Geoscience B.C. are located within Benson: Bollos, Pinnacle, Cantin, Chiaz, and Sundberg.
  • Cantin: The most advanced target with ~30 historical drill holes from the late 1980s. Modern 2025 soil sampling expanded historical anomalies, outlining broad gold and copper-in-soil trends.
  • Sundberg: A dual-lobed target extending ~5 km with a strong magnetic signature; 2025 work included ground geophysics (magnetics and VLF-EM) and soil sampling.
  • Chiaz: A new target with no prior historical sampling; tested with two reconnaissance soil lines across a 3.5 km magnetic anomaly.
• 2025 Field Work Results:
  • Late-spring: Initial soil sampling at Cantin and ground geophysical surveys at Sundberg.
  • Late fall: Expanded infill/stepout soil sampling at Cantin; first-pass reconnaissance soil sampling at Sundberg and Chiaz.
• Upcoming Milestones: Full release of 2025 exploration results (soil and geophysical data) is expected in early Q1 2026. This data will inform a potential 2026 drill program at Benson.
• Indigenous Engagement: The company has conducted multiple meetings and territory tours with the Lhtako Dene Nation to build respectful relationships and ensure input on exploration plans.
• Regulatory Status: The new claim staked in 2025 is under review through British Columbia's Mineral Claim Consultation Framework.
• Financing: Two oversubscribed financings were completed in 2025, raising ~$1.23 million total:
  • $919,501 hard-dollar financing.
  • $308,679.83 flow-through financing.
• 2026 Strategy: Initiation of a targeted drill program at Benson to delineate mineralization and identify new targets; evaluation of strategic partnerships and acquisition opportunities.

Notable Quotes

• "The last year has been an exciting one for MLO as we have continued to reshape the company and shift the focus while being efficient with our capital and executing two field programs at our flagship Benson project. These field programs yielded excellent results strengthening our belief in Benson and providing a great exploration platform for the year ahead." — Rob L'Heureux, President and CEO