{"success":true,"data":{"pressRelease":{"id":"51955","rtpr_id":"nNFC8Lnhn6","ticker":"GRL","exchange":"","all_tickers":["GRL"],"title":"GreenLight Metals Intersects 27.72m of 1.07% Cu and 0.97 g/t Au (2.10% CuEq) including 15.65m of 1.66% Cu and 1.39 g/t Au (3.14% CuEq) at the Bend VMS Deposit in Wisconsin","author":"Newsfile Corp","published_at":"2026-06-02T11:10:19.699Z","article_body":"Medford, Wisconsin--(Newsfile Corp. - June 2, 2026) - GreenLight Metals Inc.\n(TSXV: GRL) (OTCQB: GRLMF) (\"GreenLight\" or the \"Company\") is pleased to\nprovide an update on the drilling program at the Bend copper-gold VMS Project\nin Taylor County, Wisconsin. Assay results from holes B26-008 and B26-010 have\nbeen received and confirm the extension of high-grade copper-gold-tellurium\nmineralization down-dip and along strike from mineralization identified during\nlast year's exploration program. To date, a total of five drillholes (B26-007\nthrough B26-011 - 2,636 meters) have been completed along 3 sections on the\nCompany's leased forty-acre tract of private minerals with the focus of\nexpanding on mineralization encountered during the previous program. All\ndrillholes have encountered significant visual sulfide mineralization\nexpanding the Bend VMS mineralization down-dip and along strike. Assays for\nthe remaining holes, through B26-011, are expected in the coming weeks.\n\nHighlights\n*\nPhase 2 Program On-Going: The planned initial 4,000m portion of the permitted\n7,000m Phase 2 drill program is progressing. The program is building on the\nstrong results of Phase 1, further delineating the VMS-style mineralization\ndown-dip and along strike to the east of the main deposit area. Drilling to\ndate confirms mineralization extends eastward along an approximate 45-50°\nplunge extending mineralization approximately 90m beyond previous drilling\ncompleted by GreenLight (B25-006). Significant VMS mineralization encountered\nwithin all holes drilled to date remains open at depth and along trend to the\neast.\n*\nB26-008 and B26-010: Down-plunge and along strike extension of mineralization\nidentified from drilling to date including:\n*\nB26-008:\n*\n27.72m of 1.07% Copper, 0.97 g/t Gold, 10.02 g/t Silver, and 160 g/t Tellurium\n(2.10% CuEq(1)) over the reported assay interval from 440.96m.(2)\n*\nIncluding 15.65m of 1.66% Copper, 1.39 g/t Gold, 15.59 g/t Silver, and 216 g/t\nTellurium (3.14% CuEq(1)) within the main massive to semi-massive sulfide lens\nfrom 440.96m.(2)\n*\nB26-010:\n*\n21.06m of 1.32% Copper, 1.07 g/t Gold, 12.64 g/t Silver, and 190 g/t Tellurium\n(2.46% CuEq(1)) over the entire mineralized interval from 419.71m.(2)\n*\nIncluding 4.87m of 2.03% Copper, 0.95 g/t Gold, 24.07 g/t Silver, and 234 g/t\nTellurium (3.10% CuEq(1)) within the upper massive to semi-massive sulfide\nlens from 419.71.(2)\n*\nAnd 5.71m of 1.84% Copper, 1.09 g/t Gold, 13.47 g/t Silver, and 215 g/t\nTellurium (2.96% CuEq(1)) within the lower massive to semi-massive sulfide\nlens from 435.06.(2)\n*\nSignificant Visual Sulfide Intercepts:\n*\nB26-008: 52.86m (mineralized interval) consisting of multiple massive to\nsemi-massive sulfide lenses and strongly mineralized interbeds/footwall\ncrystal tuff from 430.6m.\n*\nIncluding 15.65m of massive to semi-massive sulfide (main lens) from 440.96m\n*\nB26-009/009W: ~85m (mineralized interval) - broad zone of intercalated,\npyritic semi-massive to massive sulfide lenses within variably mineralized\ncrystal tuff from ~383m.\n*\nB26-010: 21.06m consisting of massive to semi-massive sulfides interbedded\nwith lesser variably mineralized crystal tuff from 419.71m.\n*\nB26-011: 41.89m (mineralized interval) - massive to semi-massive sulfides\nincluding interbedded and footwall mineralized crystal tuff from 417.35m\n*\nIncluding 14.5m of massive to semi-massive sulfide (main lens) from 423.4m\n*\nDownhole geophysical surveys (BHEM) have been completed on B26-008 through\nB26-011. Processing and interpretation of the collected data is expected to be\ncompleted over the next 2 weeks to guide exploration targeting.\n*\nExpanding Known Zone of Mineralization: All 5 completed drillholes drilled\nduring the current exploration program have successfully intercepted\nsignificant VMS mineralization, expanding the down-dip extents of the\nmineralized zone from the previous 2025 drill program and further defining the\ntrend of the deposit's core plunging approximately 45-50 degrees to the east.\n\nMatt Filgate, President & CEO, commented: \"Results from B26-008 and B26-010\ncontinue to demonstrate the strength and continuity of the Bend system,\nreturning 27.72 meters of 2.10% CuEq and 21.06 meters of 2.46% CuEq\nrespectively. Every hole drilled in Phase 2 has intersected significant VMS\nmineralization, and the stacked massive to semi-massive sulfide lenses logged\nin B26-008, B26-009/009W, and B26-010 confirm the system continues to build\ndown-plunge and along strike to the east. With two rigs turning, assays\npending on B26-009/009W and B26-011, and a strengthening copper market,\nGreenLight is well-positioned to continue advancing the Bend Project through\nPhase 2.\"\n\nPhase 2 Drilling Results and Geological Context\n\nThe Phase 2 program continues to test the eastern extensions of the known Bend\ndeposit along three sections with the objectives of expanding the extents of\nthe known mineralization at depth and along strike. All drilling is currently\nbeing conducted on the Company's leased Soo Line Railroad forty-acre tract. As\npreviously disclosed, Phase 2 drilling will continue to utilize the allocated\nmeterage to pursue thicker mineralization encountered at depth and along trend\nto expand the mineralized footprint at the Bend Project.\n\nStratigraphy across the drill area is consistent, with a sequence of rhyolite\nto dacite flows overlying interlayered fine ash to lapilli tuffs. Immediately\noverlying the semi-massive to massive sulfide horizon are laminated exhalative\ncherty tuffs and argillites (\"hanging wall sediments\"). The mineralized\nhorizon is underlain by a thick quartz-crystal (\"quartz-eye\") tuff with strong\nbedding-parallel pyrite mineralization and pervasive chlorite alteration,\nfollowed by a fine-grained chlorite-sericite tuff that marks the unmineralized\nfootwall contact.\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_001full.jpg)\n\nFigure 1: 2026 Drill Program Plan Map\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_001full.jpg\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_002full.jpg)\n\nFigure 2: Generalized Geologic Cross Section C-C'\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_002full.jpg\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_003full.jpg)\n\nFigure 3: Generalized Geologic Cross Section B-B'\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_003full.jpg\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_004full.jpg)\n\nFigure 4: Generalized Geologic Cross Section A-A'\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_004full.jpg\n\nTable 1: Summary of Significant Intercepts(2)\n\n DDH        From    To  (m)  Interval   Cu  (%)  Au  (g/t)  Ag  (g/t)  Te  (g/t)  CuEq   \n            (m)              (m)                                                  (%)    \n B26-008    440.96  468.68   27.72      1.07     0.97       10.02      160.46     2.10   \n Including  440.96  456.61   15.65      1.66     1.39       15.59      216.14     3.14   \n Including  441.87  447.14   5.27       2.82     1.21       24.09      194.66     4.08   \n Within     431.76  468.68   36.92      0.84     0.83       8.13       130.09     1.71   \n B26-010    419.71  440.77   21.06      1.32     1.07       12.64      189.57     2.46   \n Including  419.71  424.58   4.87       2.03     0.95       24.07      234.06     3.10   \n And        435.06  440.77   5.71       1.84     1.09       13.47      215.16     2.96   \n\n \n\n(1)Copper Equivalent (\"CuEq\") is reported to express the aggregate in-situ\nvalue of copper, gold and silver as a percentage copper grade. CuEq\nincorporates assumed metallurgical recoveries and is not a proxy for, nor\nevidence of, economic value. Tellurium (Te) is reported separately and is not\nincluded in CuEq.\n\nCuEq (%) = ((Cu grade (%) / 100 × 0.9 (recovery) × 2204.6 × US$4.50) + (Au\ngrade (g/t) × 0.9 (recovery) / 31.1035 × US$3,600) + (Ag grade (g/t) × 0.9\n(recovery) / 31.1035 × US$40)) / (2204.6 × 0.01 × US$4.50).\n\nAssumptions: metal prices of US$4.50/lb Cu, US$3,600/oz Au, US$40/oz Ag;\nrecoveries of 90% for Cu, Au and Ag based on the Company's preliminary\nassessment of analogous VMS deposits. No allowances have been made for\nsmelting/refining charges, penalties or deleterious elements, or payability\nfactors. No metallurgical test work has been completed at Bend; actual\nrecoveries and payabilities are unknown and may differ materially.\n\n(2)The composite grades of select intervals are calculated on a\nlength-weighted basis and are reported as drilled thicknesses. True\nthicknesses of the intervals are estimated to be 75-85% of the drilled\nthickness.\n\nHole Details\n*\nB26-008: Designed to test the variability/connectivity in mineralization\nbetween two, wide-spaced historic intercepts (B91-11 - 16.65m of 1.07% Cu,\n1.04 g/t Au and B92-14 - 16.7m of 0.9% Cu and 1.26 g/t Au). The mineralized\nhorizon was intersected at 440.96m representing an approximate 75m overcut of\nB92-14 and showing a thickening of the mineralized section.\n*\nB26-009/009W: Designed to undercut the mineralized section encountered in\nB26-007. Technical issues were encountered within the mineralized zone and the\nhole could not be advanced beyond 456.6m. A 'wedge' was set at ~300m\n(B26-009W) and the hole was completed to a depth of 520.6m. Mineralization\nencountered represents an approximate 80m undercut of B26-007.\n*\nB26-010: Designed to test variability/connectivity of mineralization between\nB26-008 and the wide-spaced historic intercepts (B91-11 - 16.65m of 1.07% Cu,\n1.04 g/t Au; B92-14 - 16.7m of 0.9% Cu, 1.26 g/t Au). Mineralization was\nintersected at 419.71m, representing an approximate 45m overcut of B26-008 and\nan approximate 50m undercut of B91-11.\n*\nB26-011: Designed to undercut hole B25-006 (23.98m of 1.19% Copper and 1.6 g/t\nGold). Mineralization encountered represents an approximate 75m undercut of\nB25-006.\n\nNext Steps\n*\nPending Assays: Results for B26-009/009W and B26-011 are expected over the\ncourse of the next 3-6 weeks.\n*\nDrilling Ongoing: Continued drilling utilizing two diamond core drill rigs to\ncontinue exploration efforts on the Soo Line Mineral tract extending\nmineralization down dip and testing the projected 45°-50° east trending\ndown-plunge extension\n\nTable 2: Drill Collar Information\n\n Hole ID       Northing   Easting   Elevation   Azimuth  Dip    Total Depth  (m)  \n               (m)        (m)       (masl)                                        \n B26-007       5018525    688500    415.0       344      -65    391.97            \n B26-008       5018488    688602    412.1       343      -66    538.58            \n B26-009/009W  5018496    688519    414.3       343      -67.5  457.15/520.60     \n B26-010       5018488    688602    412.1       343      -63    522.12            \n B26-011       5018488    688602    412.1       333      -64    523.04            \n\nCoordinates in NAD83 UTM Zone 15N\n\nFinal survey data pending\n\nAbout the Bend Project\n\nThe Bend VMS Project represents an advanced exploration opportunity. To date,\nover US$8 million has been invested in the project, including 64 diamond drill\nholes totaling 26,485 meters. Prior drilling highlights from GreenLight\nMetals' 2025 drilling included drillhole B25-004 which intercepted 34.25\nmeters averaging 1.35% Cu, 2.22 g/t Au, 15.62 g/t Ag, and 193.22 g/t Te.\n\nSample Preparation and QA/QC\n\nSamples from the 2026 Bend drill program followed strict chain of custody from\ncollection, through processing and delivery to ALS Global's (\"ALS\") laboratory\nin Twin Falls, Idaho. The drill core was delivered directly from the drill\narea to GreenLight's core facility in Medford, WI. The drill core was\ninspected and sampled by GreenLight's geologists who insert Certified\nReference Materials (\"CRMS\") and Blank material into the sampling stream and\nmake up 10% of the total samples submitted to ALS. The drill core at the Bend\nproject is drilled in NQ size (47.6mm) and is bifurcated by an electric\nmasonry saw and placed in sentry sample bags sealed with zip-ties. Samples are\nshipped by ground directly to ALS via certified cartridge courier in rice bags\nsecured on pallets. Samples are prepared using the ALS method PREP-31y which\nincludes drying (if necessary) in an oven at a maximum temperature of 60°C,\nfine crushed of the sample to at least 70% passing less than 2mm and rotary\nsplit continuously through crushing via a Boyd RSD crusher-splitter. A 250g\nsplit sub-samples is then pulverized to 85% passing 75µm. Gold is analyzed by\nfire assay and inductively coupled plasma mass spectrometer (ICP-MS) of a 25g\naliquot sample. (ALS Method Au-ICP21), while multi-element chemistry is\nanalyzed by four acid digestion of a 0.25g pulverized sample split with\ndetection by inductively coupled plasma mass spectrometer (ICP-MS) for 48\nelements (Ag, Al, As, Ba, Be, Bi, Ca, Cd. Ce. Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf,\nIn, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr,\nTa, Te, Th, Ti, Tl, U, V, W,Y, Zn, Zr)(ALS method core ME-MS61). Gold assay\nmethod Au-ICP21 has an upper detection limit of 10ppm. Any sample that\nproduced an over-limit gold value from ICP-MS is then sent for a gravimetric\nfinish analysis. Samples that return copper assays greater than 1% Cu, the\nupper detection limit for ME-MS61 is sent for an \"ore grade\" analysis, in this\ncase ALS method code Cu-OG46, which is a 0.4g aliquot pulverized sample with\nan ICP finish and an upper detection limit of 50% Cu.\n\nQualified Person Statement\n\nThe technical information in this news release has been prepared in accordance\nwith Canadian regulatory requirements as set out in NI 43-101 and reviewed and\napproved by Thomas Quigley, MSc, CPG-11962, Exploration Director of the\nCompany, a Qualified Person as defined by NI 43-101.\n\nAbout GreenLight Metals Inc.\n\nGreenLight is a Wisconsin-focused exploration company advancing copper-gold\nand gold projects across the Penokean Volcanic Belt-one of North America's\nmost prospective VMS districts-and the Kalium Canyon epithermal gold project\nin Nevada's Walker Lane, which is subject to a binding term sheet for a\nproposed staged earn-in and joint venture with Barrick. In Wisconsin,\nGreenLight's portfolio includes the Bend copper-gold deposit, the Reef\nhigh-grade gold project, and the Lobo and Lobo East massive sulfide targets.\nGuided by a team with deep roots in the state, GreenLight is building a modern\nminerals company for Wisconsin, by Wisconsin-committed to responsible\nexploration, transparent engagement, and creating durable local opportunities\nas it helps supply the critical metals that power the energy transition.\n\nFor more information, please contact:\n\nMatt Filgate\nPresident & CEO\n(778) 679-3579\nmatt@greenlightmetals.com\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this news release.\n\nForward-Looking Information\n\nThis news release contains \"forward-looking information\" within the meaning of\napplicable Canadian securities laws, including statements regarding: the\ntiming for receipt and reporting of assay results; the interpretation of\nvisual core observations; the potential significance of the mineralized\nintervals; the planning, timing, scope and objectives of future work programs;\nthe potential for tellurium to add value to the project; the Company's ability\nto obtain and maintain required permits and approvals; and the advancement and\npotential of the Bend Project and the Penokean Volcanic Belt. Forward-looking\ninformation is based on reasonable assumptions that management believes are\nappropriate, including assumptions regarding lab turnaround times, the\nCompany's ability to execute planned programs in a safe and timely manner,\navailability of equipment and personnel, access to properties, approval\ntimelines, financing availability, and prevailing commodity prices and market\nconditions.\n\nForward-looking information is inherently subject to known and unknown risks,\nuncertainties and other factors that may cause actual results to differ\nmaterially from those expressed or implied, including, without limitation:\nthat visual estimates do not correlate with assay results; that assay results\nare delayed or do not meet expectations; inaccuracies in geological models;\nchanges in project parameters as plans continue to be refined; cost\nescalations; availability of drill rigs, qualified contractors and supplies;\nadverse weather or wildfire; operational, health, safety and environmental\nrisks; title, access and permitting risks (including delays or denials of\nfederal, state or local approvals); stakeholder, community or Indigenous\nengagement risks; regulatory changes; and fluctuations in commodity prices and\ncurrency exchange rates. Additional risks are described under the Company's\ncontinuous disclosure filings available on SEDAR+.\n\nAlthough the Company has attempted to identify important factors that could\ncause actual results to differ materially from those contained in the\nforward-looking information, there may be other factors that cause results not\nto be as anticipated, estimated or intended. Readers are cautioned not to\nplace undue reliance on forward-looking information. The forward-looking\ninformation in this news release is provided as of the date hereof, and the\nCompany does not undertake any obligation to update such information except as\nrequired by applicable law.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299763","article_body_html":"","raw_payload":{"data":{"id":"nNFC8Lnhn6","title":"GreenLight Metals Intersects 27.72m of 1.07% Cu and 0.97 g/t Au (2.10% CuEq) including 15.65m of 1.66% Cu and 1.39 g/t Au (3.14% CuEq) at the Bend VMS Deposit in Wisconsin","author":"Newsfile Corp","ticker":"GRL","created":"2026-06-02T11:10:19.699Z","tickers":["GRL"],"exchange":"","article_body":"Medford, Wisconsin--(Newsfile Corp. - June 2, 2026) - GreenLight Metals Inc.\n(TSXV: GRL) (OTCQB: GRLMF) (\"GreenLight\" or the \"Company\") is pleased to\nprovide an update on the drilling program at the Bend copper-gold VMS Project\nin Taylor County, Wisconsin. Assay results from holes B26-008 and B26-010 have\nbeen received and confirm the extension of high-grade copper-gold-tellurium\nmineralization down-dip and along strike from mineralization identified during\nlast year's exploration program. To date, a total of five drillholes (B26-007\nthrough B26-011 - 2,636 meters) have been completed along 3 sections on the\nCompany's leased forty-acre tract of private minerals with the focus of\nexpanding on mineralization encountered during the previous program. All\ndrillholes have encountered significant visual sulfide mineralization\nexpanding the Bend VMS mineralization down-dip and along strike. Assays for\nthe remaining holes, through B26-011, are expected in the coming weeks.\n\nHighlights\n*\nPhase 2 Program On-Going: The planned initial 4,000m portion of the permitted\n7,000m Phase 2 drill program is progressing. The program is building on the\nstrong results of Phase 1, further delineating the VMS-style mineralization\ndown-dip and along strike to the east of the main deposit area. Drilling to\ndate confirms mineralization extends eastward along an approximate 45-50°\nplunge extending mineralization approximately 90m beyond previous drilling\ncompleted by GreenLight (B25-006). Significant VMS mineralization encountered\nwithin all holes drilled to date remains open at depth and along trend to the\neast.\n*\nB26-008 and B26-010: Down-plunge and along strike extension of mineralization\nidentified from drilling to date including:\n*\nB26-008:\n*\n27.72m of 1.07% Copper, 0.97 g/t Gold, 10.02 g/t Silver, and 160 g/t Tellurium\n(2.10% CuEq(1)) over the reported assay interval from 440.96m.(2)\n*\nIncluding 15.65m of 1.66% Copper, 1.39 g/t Gold, 15.59 g/t Silver, and 216 g/t\nTellurium (3.14% CuEq(1)) within the main massive to semi-massive sulfide lens\nfrom 440.96m.(2)\n*\nB26-010:\n*\n21.06m of 1.32% Copper, 1.07 g/t Gold, 12.64 g/t Silver, and 190 g/t Tellurium\n(2.46% CuEq(1)) over the entire mineralized interval from 419.71m.(2)\n*\nIncluding 4.87m of 2.03% Copper, 0.95 g/t Gold, 24.07 g/t Silver, and 234 g/t\nTellurium (3.10% CuEq(1)) within the upper massive to semi-massive sulfide\nlens from 419.71.(2)\n*\nAnd 5.71m of 1.84% Copper, 1.09 g/t Gold, 13.47 g/t Silver, and 215 g/t\nTellurium (2.96% CuEq(1)) within the lower massive to semi-massive sulfide\nlens from 435.06.(2)\n*\nSignificant Visual Sulfide Intercepts:\n*\nB26-008: 52.86m (mineralized interval) consisting of multiple massive to\nsemi-massive sulfide lenses and strongly mineralized interbeds/footwall\ncrystal tuff from 430.6m.\n*\nIncluding 15.65m of massive to semi-massive sulfide (main lens) from 440.96m\n*\nB26-009/009W: ~85m (mineralized interval) - broad zone of intercalated,\npyritic semi-massive to massive sulfide lenses within variably mineralized\ncrystal tuff from ~383m.\n*\nB26-010: 21.06m consisting of massive to semi-massive sulfides interbedded\nwith lesser variably mineralized crystal tuff from 419.71m.\n*\nB26-011: 41.89m (mineralized interval) - massive to semi-massive sulfides\nincluding interbedded and footwall mineralized crystal tuff from 417.35m\n*\nIncluding 14.5m of massive to semi-massive sulfide (main lens) from 423.4m\n*\nDownhole geophysical surveys (BHEM) have been completed on B26-008 through\nB26-011. Processing and interpretation of the collected data is expected to be\ncompleted over the next 2 weeks to guide exploration targeting.\n*\nExpanding Known Zone of Mineralization: All 5 completed drillholes drilled\nduring the current exploration program have successfully intercepted\nsignificant VMS mineralization, expanding the down-dip extents of the\nmineralized zone from the previous 2025 drill program and further defining the\ntrend of the deposit's core plunging approximately 45-50 degrees to the east.\n\nMatt Filgate, President & CEO, commented: \"Results from B26-008 and B26-010\ncontinue to demonstrate the strength and continuity of the Bend system,\nreturning 27.72 meters of 2.10% CuEq and 21.06 meters of 2.46% CuEq\nrespectively. Every hole drilled in Phase 2 has intersected significant VMS\nmineralization, and the stacked massive to semi-massive sulfide lenses logged\nin B26-008, B26-009/009W, and B26-010 confirm the system continues to build\ndown-plunge and along strike to the east. With two rigs turning, assays\npending on B26-009/009W and B26-011, and a strengthening copper market,\nGreenLight is well-positioned to continue advancing the Bend Project through\nPhase 2.\"\n\nPhase 2 Drilling Results and Geological Context\n\nThe Phase 2 program continues to test the eastern extensions of the known Bend\ndeposit along three sections with the objectives of expanding the extents of\nthe known mineralization at depth and along strike. All drilling is currently\nbeing conducted on the Company's leased Soo Line Railroad forty-acre tract. As\npreviously disclosed, Phase 2 drilling will continue to utilize the allocated\nmeterage to pursue thicker mineralization encountered at depth and along trend\nto expand the mineralized footprint at the Bend Project.\n\nStratigraphy across the drill area is consistent, with a sequence of rhyolite\nto dacite flows overlying interlayered fine ash to lapilli tuffs. Immediately\noverlying the semi-massive to massive sulfide horizon are laminated exhalative\ncherty tuffs and argillites (\"hanging wall sediments\"). The mineralized\nhorizon is underlain by a thick quartz-crystal (\"quartz-eye\") tuff with strong\nbedding-parallel pyrite mineralization and pervasive chlorite alteration,\nfollowed by a fine-grained chlorite-sericite tuff that marks the unmineralized\nfootwall contact.\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_001full.jpg)\n\nFigure 1: 2026 Drill Program Plan Map\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_001full.jpg\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_002full.jpg)\n\nFigure 2: Generalized Geologic Cross Section C-C'\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_002full.jpg\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_003full.jpg)\n\nFigure 3: Generalized Geologic Cross Section B-B'\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_003full.jpg\n\n(https://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_004full.jpg)\n\nFigure 4: Generalized Geologic Cross Section A-A'\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7506/299763_200a9d91c4b7a95a_004full.jpg\n\nTable 1: Summary of Significant Intercepts(2)\n\n DDH        From    To  (m)  Interval   Cu  (%)  Au  (g/t)  Ag  (g/t)  Te  (g/t)  CuEq   \n            (m)              (m)                                                  (%)    \n B26-008    440.96  468.68   27.72      1.07     0.97       10.02      160.46     2.10   \n Including  440.96  456.61   15.65      1.66     1.39       15.59      216.14     3.14   \n Including  441.87  447.14   5.27       2.82     1.21       24.09      194.66     4.08   \n Within     431.76  468.68   36.92      0.84     0.83       8.13       130.09     1.71   \n B26-010    419.71  440.77   21.06      1.32     1.07       12.64      189.57     2.46   \n Including  419.71  424.58   4.87       2.03     0.95       24.07      234.06     3.10   \n And        435.06  440.77   5.71       1.84     1.09       13.47      215.16     2.96   \n\n \n\n(1)Copper Equivalent (\"CuEq\") is reported to express the aggregate in-situ\nvalue of copper, gold and silver as a percentage copper grade. CuEq\nincorporates assumed metallurgical recoveries and is not a proxy for, nor\nevidence of, economic value. Tellurium (Te) is reported separately and is not\nincluded in CuEq.\n\nCuEq (%) = ((Cu grade (%) / 100 × 0.9 (recovery) × 2204.6 × US$4.50) + (Au\ngrade (g/t) × 0.9 (recovery) / 31.1035 × US$3,600) + (Ag grade (g/t) × 0.9\n(recovery) / 31.1035 × US$40)) / (2204.6 × 0.01 × US$4.50).\n\nAssumptions: metal prices of US$4.50/lb Cu, US$3,600/oz Au, US$40/oz Ag;\nrecoveries of 90% for Cu, Au and Ag based on the Company's preliminary\nassessment of analogous VMS deposits. No allowances have been made for\nsmelting/refining charges, penalties or deleterious elements, or payability\nfactors. No metallurgical test work has been completed at Bend; actual\nrecoveries and payabilities are unknown and may differ materially.\n\n(2)The composite grades of select intervals are calculated on a\nlength-weighted basis and are reported as drilled thicknesses. True\nthicknesses of the intervals are estimated to be 75-85% of the drilled\nthickness.\n\nHole Details\n*\nB26-008: Designed to test the variability/connectivity in mineralization\nbetween two, wide-spaced historic intercepts (B91-11 - 16.65m of 1.07% Cu,\n1.04 g/t Au and B92-14 - 16.7m of 0.9% Cu and 1.26 g/t Au). The mineralized\nhorizon was intersected at 440.96m representing an approximate 75m overcut of\nB92-14 and showing a thickening of the mineralized section.\n*\nB26-009/009W: Designed to undercut the mineralized section encountered in\nB26-007. Technical issues were encountered within the mineralized zone and the\nhole could not be advanced beyond 456.6m. A 'wedge' was set at ~300m\n(B26-009W) and the hole was completed to a depth of 520.6m. Mineralization\nencountered represents an approximate 80m undercut of B26-007.\n*\nB26-010: Designed to test variability/connectivity of mineralization between\nB26-008 and the wide-spaced historic intercepts (B91-11 - 16.65m of 1.07% Cu,\n1.04 g/t Au; B92-14 - 16.7m of 0.9% Cu, 1.26 g/t Au). Mineralization was\nintersected at 419.71m, representing an approximate 45m overcut of B26-008 and\nan approximate 50m undercut of B91-11.\n*\nB26-011: Designed to undercut hole B25-006 (23.98m of 1.19% Copper and 1.6 g/t\nGold). Mineralization encountered represents an approximate 75m undercut of\nB25-006.\n\nNext Steps\n*\nPending Assays: Results for B26-009/009W and B26-011 are expected over the\ncourse of the next 3-6 weeks.\n*\nDrilling Ongoing: Continued drilling utilizing two diamond core drill rigs to\ncontinue exploration efforts on the Soo Line Mineral tract extending\nmineralization down dip and testing the projected 45°-50° east trending\ndown-plunge extension\n\nTable 2: Drill Collar Information\n\n Hole ID       Northing   Easting   Elevation   Azimuth  Dip    Total Depth  (m)  \n               (m)        (m)       (masl)                                        \n B26-007       5018525    688500    415.0       344      -65    391.97            \n B26-008       5018488    688602    412.1       343      -66    538.58            \n B26-009/009W  5018496    688519    414.3       343      -67.5  457.15/520.60     \n B26-010       5018488    688602    412.1       343      -63    522.12            \n B26-011       5018488    688602    412.1       333      -64    523.04            \n\nCoordinates in NAD83 UTM Zone 15N\n\nFinal survey data pending\n\nAbout the Bend Project\n\nThe Bend VMS Project represents an advanced exploration opportunity. To date,\nover US$8 million has been invested in the project, including 64 diamond drill\nholes totaling 26,485 meters. Prior drilling highlights from GreenLight\nMetals' 2025 drilling included drillhole B25-004 which intercepted 34.25\nmeters averaging 1.35% Cu, 2.22 g/t Au, 15.62 g/t Ag, and 193.22 g/t Te.\n\nSample Preparation and QA/QC\n\nSamples from the 2026 Bend drill program followed strict chain of custody from\ncollection, through processing and delivery to ALS Global's (\"ALS\") laboratory\nin Twin Falls, Idaho. The drill core was delivered directly from the drill\narea to GreenLight's core facility in Medford, WI. The drill core was\ninspected and sampled by GreenLight's geologists who insert Certified\nReference Materials (\"CRMS\") and Blank material into the sampling stream and\nmake up 10% of the total samples submitted to ALS. The drill core at the Bend\nproject is drilled in NQ size (47.6mm) and is bifurcated by an electric\nmasonry saw and placed in sentry sample bags sealed with zip-ties. Samples are\nshipped by ground directly to ALS via certified cartridge courier in rice bags\nsecured on pallets. Samples are prepared using the ALS method PREP-31y which\nincludes drying (if necessary) in an oven at a maximum temperature of 60°C,\nfine crushed of the sample to at least 70% passing less than 2mm and rotary\nsplit continuously through crushing via a Boyd RSD crusher-splitter. A 250g\nsplit sub-samples is then pulverized to 85% passing 75µm. Gold is analyzed by\nfire assay and inductively coupled plasma mass spectrometer (ICP-MS) of a 25g\naliquot sample. (ALS Method Au-ICP21), while multi-element chemistry is\nanalyzed by four acid digestion of a 0.25g pulverized sample split with\ndetection by inductively coupled plasma mass spectrometer (ICP-MS) for 48\nelements (Ag, Al, As, Ba, Be, Bi, Ca, Cd. Ce. Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf,\nIn, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr,\nTa, Te, Th, Ti, Tl, U, V, W,Y, Zn, Zr)(ALS method core ME-MS61). Gold assay\nmethod Au-ICP21 has an upper detection limit of 10ppm. Any sample that\nproduced an over-limit gold value from ICP-MS is then sent for a gravimetric\nfinish analysis. Samples that return copper assays greater than 1% Cu, the\nupper detection limit for ME-MS61 is sent for an \"ore grade\" analysis, in this\ncase ALS method code Cu-OG46, which is a 0.4g aliquot pulverized sample with\nan ICP finish and an upper detection limit of 50% Cu.\n\nQualified Person Statement\n\nThe technical information in this news release has been prepared in accordance\nwith Canadian regulatory requirements as set out in NI 43-101 and reviewed and\napproved by Thomas Quigley, MSc, CPG-11962, Exploration Director of the\nCompany, a Qualified Person as defined by NI 43-101.\n\nAbout GreenLight Metals Inc.\n\nGreenLight is a Wisconsin-focused exploration company advancing copper-gold\nand gold projects across the Penokean Volcanic Belt-one of North America's\nmost prospective VMS districts-and the Kalium Canyon epithermal gold project\nin Nevada's Walker Lane, which is subject to a binding term sheet for a\nproposed staged earn-in and joint venture with Barrick. In Wisconsin,\nGreenLight's portfolio includes the Bend copper-gold deposit, the Reef\nhigh-grade gold project, and the Lobo and Lobo East massive sulfide targets.\nGuided by a team with deep roots in the state, GreenLight is building a modern\nminerals company for Wisconsin, by Wisconsin-committed to responsible\nexploration, transparent engagement, and creating durable local opportunities\nas it helps supply the critical metals that power the energy transition.\n\nFor more information, please contact:\n\nMatt Filgate\nPresident & CEO\n(778) 679-3579\nmatt@greenlightmetals.com\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this news release.\n\nForward-Looking Information\n\nThis news release contains \"forward-looking information\" within the meaning of\napplicable Canadian securities laws, including statements regarding: the\ntiming for receipt and reporting of assay results; the interpretation of\nvisual core observations; the potential significance of the mineralized\nintervals; the planning, timing, scope and objectives of future work programs;\nthe potential for tellurium to add value to the project; the Company's ability\nto obtain and maintain required permits and approvals; and the advancement and\npotential of the Bend Project and the Penokean Volcanic Belt. Forward-looking\ninformation is based on reasonable assumptions that management believes are\nappropriate, including assumptions regarding lab turnaround times, the\nCompany's ability to execute planned programs in a safe and timely manner,\navailability of equipment and personnel, access to properties, approval\ntimelines, financing availability, and prevailing commodity prices and market\nconditions.\n\nForward-looking information is inherently subject to known and unknown risks,\nuncertainties and other factors that may cause actual results to differ\nmaterially from those expressed or implied, including, without limitation:\nthat visual estimates do not correlate with assay results; that assay results\nare delayed or do not meet expectations; inaccuracies in geological models;\nchanges in project parameters as plans continue to be refined; cost\nescalations; availability of drill rigs, qualified contractors and supplies;\nadverse weather or wildfire; operational, health, safety and environmental\nrisks; title, access and permitting risks (including delays or denials of\nfederal, state or local approvals); stakeholder, community or Indigenous\nengagement risks; regulatory changes; and fluctuations in commodity prices and\ncurrency exchange rates. Additional risks are described under the Company's\ncontinuous disclosure filings available on SEDAR+.\n\nAlthough the Company has attempted to identify important factors that could\ncause actual results to differ materially from those contained in the\nforward-looking information, there may be other factors that cause results not\nto be as anticipated, estimated or intended. Readers are cautioned not to\nplace undue reliance on forward-looking information. The forward-looking\ninformation in this news release is provided as of the date hereof, and the\nCompany does not undertake any obligation to update such information except as\nrequired by applicable law.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299763"},"type":"article","timestamp":"2026-06-02T11:10:19.76928855Z","server_sent_at_ms":1780398619769},"received_at":"2026-06-02T11:10:19.923Z","source_url":"https://www.newsfilecorp.com/release/299763"},"analysis":{"id":"41390","press_release_id":"51955","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"GreenLight Metals reported positive Phase 2 drilling results at its Bend VMS deposit in Wisconsin, with holes B26-008 and B26-010 confirming the extension of high-grade mineralization.\n\nHole B26-008 intersected 27.72 meters of 1.07% copper and 0.97 g/t gold (2.10% CuEq), including a higher-grade core of 15.65 meters averaging 1.66% copper and 1.39 g/t gold (3.14% CuEq).\n\nHole B26-010 returned 21.06 meters of 1.32% copper and 1.07 g/t gold (2.46% CuEq). All five holes drilled in the current program have hit significant sulfide mineralization, expanding the known zone down-dip and along strike.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"GreenLight extends Bend VMS resource with high-grade copper-gold intercepts, validating Phase 2 drilling strategy."},"keyFigures":{"customDimensions":{"b26_008_au_gpt":0.97,"b26_008_cu_pct":1.07,"b26_010_au_gpt":1.07,"b26_010_cu_pct":1.32,"b26_008_cuEq_pct":2.1,"b26_010_cuEq_pct":2.46,"b26_008_interval_m":27.72,"b26_010_interval_m":21.06,"b26_008_inner_au_gpt":1.39,"b26_008_inner_cu_pct":1.66,"total_investment_usd":8000000,"b26_008_inner_cuEq_pct":3.14,"b26_008_inner_interval_m":15.65,"total_drill_meters_phase2":4000,"total_historic_drill_holes":64,"total_historic_drill_meters":26485,"total_drill_meters_permitted":7000}},"quotedText":"Results from B26-008 and B26-010 continue to demonstrate the strength and continuity of the Bend system, returning 27.72 meters of 2.10% CuEq and 21.06 meters of 2.46% CuEq respectively.","namedEntities":{"people":[{"name":"Matt Filgate","role":"President & CEO"},{"name":"Thomas Quigley","role":"Exploration Director"}],"products":["Bend VMS Project","Reef high-grade gold project","Lobo and Lobo East massive sulfide targets","Kalium Canyon epithermal gold project"],"companies":[{"name":"GreenLight Metals Inc.","ticker":"GRL","relationship":"filer"},{"name":"ALS Global","relationship":"laboratory"},{"name":"Barrick","relationship":"partner"}],"dollarAmounts":[{"amount":"US$8 million","context":"total investment in Bend Project to date"},{"amount":"US$4.50/lb","context":"assumed copper price for CuEq calculation"},{"amount":"US$3,600/oz","context":"assumed gold price for CuEq calculation"},{"amount":"US$40/oz","context":"assumed silver price for CuEq calculation"}]},"materialImpact":{"score":3,"reasoning":"Positive drilling results extending the known mineralized zone at the primary Bend VMS deposit. High-grade intercepts (up to 4.08% CuEq) confirm continuity and expansion of the resource, which is a key value driver for this exploration-stage company. However, this is pre-resource definition, so it is not a binary event like M&A or FDA approval."},"tickerRelevance":{"others":[{"ticker":"GRLMF","relevance":"subsidiary"},{"ticker":"ABX","relevance":"partner"}],"primary":"GRL"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"exploration_success","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"GreenLight Metals reported positive Phase 2 drilling results at its Bend VMS deposit in Wisconsin, with holes B26-008 and B26-010 confirming the extension of high-grade mineralization.\n\nHole B26-008 intersected 27.72 meters of 1.07% copper and 0.97 g/t gold (2.10% CuEq), including a higher-grade core of 15.65 meters averaging 1.66% copper and 1.39 g/t gold (3.14% CuEq).\n\nHole B26-010 returned 21.06 meters of 1.32% copper and 1.07 g/t gold (2.46% CuEq). All five holes drilled in the current program have hit significant sulfide mineralization, expanding the known zone down-dip and along strike.","key_figures":{"customDimensions":{"b26_008_au_gpt":0.97,"b26_008_cu_pct":1.07,"b26_010_au_gpt":1.07,"b26_010_cu_pct":1.32,"b26_008_cuEq_pct":2.1,"b26_010_cuEq_pct":2.46,"b26_008_interval_m":27.72,"b26_010_interval_m":21.06,"b26_008_inner_au_gpt":1.39,"b26_008_inner_cu_pct":1.66,"total_investment_usd":8000000,"b26_008_inner_cuEq_pct":3.14,"b26_008_inner_interval_m":15.65,"total_drill_meters_phase2":4000,"total_historic_drill_holes":64,"total_historic_drill_meters":26485,"total_drill_meters_permitted":7000}},"named_entities":{"people":[{"name":"Matt Filgate","role":"President & CEO"},{"name":"Thomas Quigley","role":"Exploration Director"}],"products":["Bend VMS Project","Reef high-grade gold project","Lobo and Lobo East massive sulfide targets","Kalium Canyon epithermal gold project"],"companies":[{"name":"GreenLight Metals Inc.","ticker":"GRL","relationship":"filer"},{"name":"ALS Global","relationship":"laboratory"},{"name":"Barrick","relationship":"partner"}],"dollarAmounts":[{"amount":"US$8 million","context":"total investment in Bend Project to date"},{"amount":"US$4.50/lb","context":"assumed copper price for CuEq calculation"},{"amount":"US$3,600/oz","context":"assumed gold price for CuEq calculation"},{"amount":"US$40/oz","context":"assumed silver price for CuEq calculation"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-02T11:20:16.512Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"exploration_success","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":50565,"modelName":"george-droid-qwen-72b"}}