Toronto, Ontario — February 11, 2026 — Leads & Copy — Metal Energy Corp. has appointed geologist Charlie Greig as CEO, reflecting a corporate strategy focused on creating value from British Columbia’s Toodoggone Region.
Greig brings a 40-year career in exploration geology to the role. He played a key role as VP Exploration in the discoveries of GT Gold’s Saddle North Cu-Au porphyry and the Saddle South high-grade gold-silver system, which was sold to Newmont in 2021 for $400 million. His background includes geologic mapping on projects such as Brucejack (Pretium-Newmont), Bisha (Nevsun Resources), La India (Grayd Minerals-Agnico Eagle), and Alamo Dorado (Corner Bay-Pan American Silver).
Greig also serves as lead technical advisor for American Eagle Gold’s NAK copper-gold porphyry project near Smithers, British Columbia, and as Executive Chairman of Evergold, a Toodoggone, BC-focused gold-silver exploration company.
Metal Energy thanked former CEO James Sykes for his leadership and contributions during the management transition.
According to Greig, the NIV project has the potential to be Toodoggone’s newest porphyry discovery, with the right geology and alteration, as well as geochemical and geophysical anomalies. The company is fully funded for 2026, having Centerra Gold and Teck as cornerstone investors, and has multiple high-priority targets along a five kilometer long trend that it will drill test in 2026.
On December 17, 2025, Metal Energy welcomed Centerra Gold Inc. and Teck Resources Limited as cornerstone investors, closing a $9.25 million financing that will fully fund the Company’s 2026 exploration season.
Teck and Centerra each hold 9.9% of the Company’s issued and outstanding common shares. According to the company, this investment was made without the Company having drilled a single hole at NIV, a testament to the quality of targets at NIV.
The Company plans to announce its 2026 exploration program soon, detailing the highest-priority drill targets at the NIV Property.
The NIV Property spans more than 12,500 hectares across two claim blocks-NIV (1,048 ha) and West NIV (11,500 ha)-located approximately 32 km south of Centerra Gold’s Kemess mine complex. Exploration was first recorded in the 1960s, but modern, extensive and systematic work began only in 2010 when the underlying rightsholders first staked the ground. Subsequent programs between 2016 and 2024 revealed:
Strongly anomalous soil geochemistry: copper (>300 ppm), gold (>200 ppb), and molybdenum (>12 ppm) over a strike length of over 5 km.
Geological mapping that suggested the presence of porphyry dikes and associated alteration closely associated with the anomalous soil geochemistry.
Coincident Induced Polarization (IP) chargeability and resistivity anomalies from both shallow- and deep-looking surveys that align with the anomalous geochemistry and geological trends, as well as with an extensive magnetic low evident in airborne geophysical surveys that is punctuated by local magnetic highs.
Metal Energy Corp. is a critical metals exploration company focused on copper and gold assets in Canada. The Company controls NIV, a fully permitted and drill-ready copper-gold-molybdenum project located in B.C’.s prolific Toodoggone District.
With the addition of NIV, Metal Energy’s portfolio now includes three high-potential projects:
NIV Project (Cu-Au-Mo, 100% controlled) – Toodoggone District, British Columbia
Highland Valley Project (Cu-Mo-Ag-Au-Re, 100% owned) – British Columbia
Manibridge Project (Ni-Cu-Co-PGE, 85% owned) – Manitoba
Source: Metal Energy Corp.
