# Metalero Mining Corp. (TSXV:MLO)

> Metalero Mining Corp.

## About

Metalero Mining Corp. (TSX-V: MLO) is a Canadian mineral exploration company focused on acquiring and advancing high-potential copper and gold assets. Our goal is to create significant shareholder value through the exploration and development of flagship projects, including the Benson Project in British Columbia.

## Key facts

- **Cash position:** Exact figure not available
- **Shares outstanding:** 6336356
- **Fully diluted shares:** 40,384,024
- **Warrants:** 9,545,524
- **Options:** 38,401
- **Projects:** ["Benson Project\n\nBenson is drill-ready and located within a prolific copper-gold belt, with multiple large-scale targets showing analogues to major producing deposits.\n\nHighly analogous to Mt. Polley and Mt. Milligan deposits, the Benson project is underlain by the same Triassic-Jurassic intrusive suites and large-scale fluid-conduit structures. The property includes 166 km² of road-accessible terrain just 15 km east of Quesnel, British Columbia, in the heart of the Quesnel porphyry belt.\n\nMajor mining companies are already active in the area, with Fortescue recently staking over 4,000 km². Historical data and modern geophysics support the presence of multiple Cu-Au targets, making this a compelling underexplored discovery opportunity.\n\nLocated along trend from Mt. Polley and only 30 km northwest of it, the Benson property contains several high-potential zones identified through AI-assisted targeting by Geoscience BC. The property features:\n\n- Gossanous intrusives with porphyry-style alteration\n- Historic drill intercepts up to 1.4 g/t Au over 11m\n- Broad-scale magnetic and geochemical anomalies over multiple km-long trends\n- Priority areas include Cantin (9 km anomaly) and Sundberg (4.5 km anomaly)\n\nThese targets are analogous to mineralization types typically found at large porphyry systems in the region.\n\nWell-defined correlations between magnetic anomalies, mapped structures, and geochemical signatures define the drill targets. Historical drilling has already confirmed gold values over wide intervals, but copper assays were historically limited or absent.\n\n- Permitting is underway\n- Initial drill program is expected to begin in Spring 2026\n- Five high-priority zones will be tested across multiple phases\n\nThe strong potential for a Cu-Au porphyry discovery beneath the shallow cover makes Benson one of the most prospective, underexplored properties in the belt.","Cobre Project\n\nCobre is a significant exploration project targeting copper mineralization in a region known for its rich mineral deposits. The project area is strategically located near existing infrastructure, facilitating potential development and access to markets.","Goldrun Project\n\nGoldrun is an advanced exploration project focused on gold mineralization. The project is situated in a historically productive mining district, with previous exploration indicating the presence of significant gold resources.","Grayson Project\n\nGrayson is one of the flagship properties in our portfolio. The emerging scale of this project and its proximity to producing mines and known deposits with analogous structure and mineralization demonstrate the potential for a making significant discovery in the underexplored basins of Nevada. The Cortus team is developing outstanding drill targets with systematic exploration, proprietary data and industry-leading expertise.","Ivanhoe West Project\n\nIvanhoe West is an exploration project with a focus on gold and copper mineralization. The project is located in a region with a history of successful mining operations, providing a favorable environment for exploration and potential development.","Powerline Project\n\nPowerline is a highly prospective project located in Nevada, along strike from the Spring Valley deposit. The project has undergone extensive geological surveys, and initial drilling targets are being defined based on geochemical and geophysical data.","Roberts Creek Project\n\nRoberts Creek is an exploration project targeting gold and silver mineralization. The project area is known for its geological features that are conducive to mineralization, and ongoing exploration efforts aim to define the resource potential.","San Cristobal East (SCE) Project\n\nThe San Cristobal East (SCE) project comprises a district-scale ~230 km² land package in southwestern Bolivia, directly adjacent to the world-class San Cristobal Silver-Lead-Zinc Mine and the Isidorito silver prospect. The projects lie along the regionally significant Uyuni Fault System and overlie the same prospective geology and large-scale structural corridors associated with the San Cristobal, Pulacayo-Paca, and Cosuno silver systems.","San Cristobal South (SCS) Project\n\nThe San Cristobal South (SCS) project is part of the same district-scale land package as SCE, targeting large-scale silver systems along the highly prospective Uyuni Fault System. Initial exploration will include detailed rock and soil sampling, geological mapping, and potential ground geophysical surveys designed to identify zones of hydrothermal alteration and sulphide enrichment associated with the UFS."]
- **Leadership:** Rob L’Heureux (President, Chief Executive Officer, and Director, Professional Geologist with 25 years of mineral exploration experience throughout the Americas, Africa, Asia, and Australia. He has managed exploration campaigns of several multi-million ounce gold deposits and is active in capital markets.), Sean Mager (Director and Advisor)

_Verified data last updated: 2026-08-07_

## Recent filings

- 2026-07-07 — press_release — [mlo_2026-07-07_14-44-20.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89387?documentId=89387)
- 2026-06-30 — other — [mlo_2026-06-30_00-35-26.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89388?documentId=89388)
- 2026-06-30 — mda — [mlo_2026-06-30_00-31-53.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89389?documentId=89389)
- 2026-06-30 — financials — [mlo_2026-06-30_00-29-50.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89390?documentId=89390)
- 2026-06-12 — proxy — [mlo_2026-06-12_16-13-31.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89391?documentId=89391)
- 2026-06-12 — other — [mlo_2026-06-12_16-13-30.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89392?documentId=89392)
- 2026-06-12 — proxy — [mlo_2026-06-12_16-13-00.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89393?documentId=89393)
- 2026-05-27 — press_release — [mlo_2026-05-27_13-59-08.pdf](https://ai-chat-dev-red.vercel.app/mlo/preview/89394?documentId=89394)

## Investor FAQ

### [Latest News](https://ai-chat-dev-red.vercel.app/mlo/faq/latest-news)

Not disclosed in available filings.

### [Projects Overview](https://ai-chat-dev-red.vercel.app/mlo/faq/projects-overview)

Metalero Mining Corp. has several key projects including the Benson Project, which is drill-ready and located in a prolific copper-gold belt in British Columbia. Other projects include Cobre, Goldrun, Grayson, Ivanhoe West, Powerline, Roberts Creek, San Cristobal East, and San Cristobal South, each targeting various mineralization types and located in regions with significant mining potential.

## Live AI chat

- https://ai-chat-dev-red.vercel.app/mlo/chat
- Investor website: https://metaleromining.com/