GreenLight Metals Receives Regulatory Approvals and Commences Mobilization for Expanded Bend Drill Program
GreenLight Secures Federal Permits for 7,000m Drill Blitz as Wisconsin VMS Targets Deepen

The news release dated February 11, 2026, announces that GreenLight Metals' subsidiary has received all necessary regulatory approvals from the Wisconsin Department of Natural Resources (WDNR) and the U.S. Forest Service (USFS) for exploration drilling at the Bend VMS Project. Consequently, the company has commenced mobilization of two drill rigs for its expanded 2026 winter drill program. The program is planned for 7,000 meters across 15 holes, utilizing diamond drilling and Borehole Electromagnetic (BHEM) surveys to test down-plunge and down-dip extensions of a high-grade copper-gold-tellurium system. Taconite Drilling LLC has been retained as the contractor.
This news is Material - Positive for the following reasons: - Regulatory De-risking: Securing authorization from the U.S. Forest Service is a significant hurdle in U.S.-based exploration. Receiving both state (WDNR) and federal (USFS) approvals confirms the project’s ability to navigate the complex Wisconsin regulatory environment. - Operational Scale: The 7,000m program is more than triple the size of the 2037m Phase 1 program completed in 2025. The use of two rigs indicates a fast-tracked timeline. - Strategic Continuity: The program follows 2025 results that demonstrated high-grade hits (e.g., 22.24m of 5.27% CuEq in Hole B25-004). This program is designed to transform these "hits" into a maiden resource estimate. - Critical Minerals Angle: The explicit focus on Tellurium (Te) alongside Copper and Gold aligns the company with U.S. domestic supply chain priorities, potentially easing future permitting or opening doors for strategic partnerships.
GreenLight Metals Inc. is a mineral exploration company focused on the Penokean Volcanic Belt in Wisconsin, USA. - Flagship Project: The Bend VMS Project. - Commodities: Copper, Gold, Silver, and Tellurium. - Project Stage: Advanced Exploration. - Historical Data: The project hosts a historical (non-NI 43-101 compliant) estimate of 4.0 million tonnes at 1.74% Cu and 2.44 g/t Au. Recent 2025 drilling confirmed the system remains open and appears to strengthen at depth. - Additional Assets: Lobo (Zinc-Copper), Lobo East (VMS targets), and Reef (Gold-Copper).