Toronto, Ontario — February 26, 2026 — Leads & Copy — Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) has announced that drilling is progressing at its Filo Sur project, located south of the BHP/Lundin Filo Del Sol (FDS) Cu-Au-Ag resource. Three drill rigs are active on the site.
Allen Sabet, CEO of Mogotes, stated that drilling has commenced at the Meseta target in Chile, south of the Filo del Sol Cu-Au-Ag resource. The company plans to test multiple targets while the drill season permits and will update the market as results become available.
Drilling is planned to continue on priority targets highlighted in a news release dated November 26, 2025. This season’s program initially focused on lower-altitude targets in Argentina at Cruz del Sur and Stockwork Hills, and has now advanced to the Argentine side of the Meseta and Camino prospects.
At Cruz del Sur, the initial single-hole drill test was expanded to four holes due to encouraging geological features intercepted in the first hole.
Drilling is now advancing in Chile, testing the Meseta HSE Au-Ag target near the Mogotes/BHP-Lundin property boundary. The program plans to move to the lower-altitude Luz del Sol target (previously called Los Mogotes) as the season permits.
Drilling will continue until operational conditions necessitate closure of the program. Results are expected to be released on a target-by-target basis as they are received and interpreted. Results from Cruz del Sur and Stockwork Hills are expected in March.
Mogotes Metals will be exhibiting at PDAC 2025 in Toronto at Booth 2847. The Mogotes team will be available to meet with investors and stakeholders to discuss the Filo Sur project and the ongoing drill program.
Mogotes Metals Inc. is exploring for copper, gold, and silver in the Vicuña district of Argentina and Chile. Its flagship project, Filo Sur, adjoins the Filo del Sol Copper-gold-silver discovery and is along the same N-S trending belt as the Filo Del Sol – Aurora and NGEx Minerals Lunahuasi and Los Helados copper-gold deposits.
Source: Mogotes Metals Inc.
