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“Copper Intelligence” (AFDG) “a dedicated copper exploration company, with a focus on creating value around Africa and DRC specifically focused on under-explored basins of copper ” (the “Company”) is pleased to announce that it has been invited to present on the Emerging Growth Conference for a business update on February 26, 2026 at 4.10pm EST, and invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation.

This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s Chairman, Andrew Groves as well as the Geological Director Aldo Cesano in real time.

Please register here to ensure you are able to attend the conference and receive any updates that are released.

https://goto.webcasts.com/starthere.jsp?ei=1717092&tp_key=1ddfafa563&sti=afdg

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference. The company will release a link to that after the event.

About ‘ Copper Intelligence ‘

On Feb 4, 2026, African Discovery Group (AFDG), the predecessor company to Copper Intelligence, announced the signing of Definitive Sales and Purchase Agreement (SPA) for the Butembo Copper Asset in the Democratic Republic of Congo, in a Reverse Takeover Transaction (RTO), solidifying its status as the first stand-alone DRC company to be publicly traded in the United States. Butembo is a near surface, low strip, Tier one exploration opportunity, located near the Ruwenzori mountain location of Uganda’s biggest copper mine (Kilembe with 4 million tons of verified reserves), located only 50km from the Ugandan border with verified access to rail. The High-grade copper samples thus far have returned 18% Copper assays, which if maintained at production would rank amongst the highest globally. The recent discovery of the Butembo copper deposit has underscored the need for further exploration work in areas peripheral to the Katanga Copper Belt.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner. The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts. All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

Disclosure:

This press release contains forward-looking statements. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections or expectations relating to future exploration and production work in the Democratic Republic of Congo. The words “anticipates,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “could,” “to be,” “potential,” “assumptions,” “guidance,” “forecasts,” “future,” “pursues,” “initiatives,” “objectives,” “opportunities,” “strategy” and any similar expressions are intended to identify those assertions as forward-looking statements.

The company cautions readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, expected, projected or assumed in the forward-looking statements. Important factors that can cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, operational risks inherent in mining, with higher inherent risks in underground mining; mine sequencing; changes in mine plans or operational modifications, delays, deferrals or any major public health crisis; labor relations, including labor-related work stoppages and increased costs; compliance with applicable environmental, health and safety laws and regulations; weather- and climate-related risks; environmental risks, and impacts, as well as those factors described in more detail under the heading “Risk Factors” in AFDG’s Annual Report on Form 10-K for the year ended February 28, 2026, to be filed with the U.S. Securities and Exchange Commission.

Investors are cautioned that many of the assumptions upon which AFDG’s forward-looking statements are based are likely to change after the date the forward-looking statements are made. Further, AFDG may make changes to its business plans that could affect its results. AFDG undertakes no obligation to update any forward-looking statements, which are as of the date made, notwithstanding any changes in its assumptions, changes in business plans, actual experience or other changes.

Media Contact:

www.copperintelligence.com
Maxine Gordon
(917) 478-0406

Source

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T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) (‘T2 Metals’ or the ‘Company’) is pleased to announce signing of an Option Agreement (the ‘Option’) with renowned explorer Shawn Ryan (‘Ryan’) and Wildwood Exploration Inc. (together with Ryan, the ‘Optionor’) to earn a 100% interest in the 76 sq km Aurora Gold Project in prolific Tintina Gold Belt of the Yukon Territory, Canada.

Aurora is an Intrusion Related Gold System (‘IRGS’) that lies 70 km northeast of Dawson City, is 2 km from the Dempster Hwy at its nearest point, and importantly only 10 km east of Prospector Metals Corp’s ML Project (see Figure 1).

Project Highlights:

  • Situated close to Dawson City and adjacent to the Dempster Hwy, the Aurora Mineral Project spans a significant land package within the Tombstone Gold Belt, one of North America’s premier gold and silver mining districts.
  • Aurora is geologically similar to the nearby ML Project of Prospector Metals Corp, where recent drilling has identified high grade gold-copper mineralization (e.g. 13.79 g/t Au and 1.84% Cu over 44m).
  • The Aurora mineral claims are centred on the Antimony Mountain Stock, a Tombstone Plutonic Suite intrusion similar to other mid-Cretaceous intrusions that are genetically associated with major IRGS deposits in the Yukon and Alaska.
  • Six significant gold-bearing prospects have been identified by Shawn Ryan and past explorers over a 10 km trend utilizing soil and rock chip sampling.
  • Less than 3,000 m of drilling has been completed at Aurora, with no work undertaken for over 15 years.
  • The Golden Wall Prospect has been sampled by past explorers and shows disseminated sulphides and iron oxide over a 400 m cliff face. Up to 61 g/t Au was discovered in outcrop, and Golden Predator drill hole GW10-028 returned 2 m @ 3.2 g/t Au.

Mark Saxon, CEO of T2 Metals Corp., said, ‘The acquisition of the Aurora Gold Project reinforces T2 Metals very strong entry into in the Yukon, built upon foundations laid by explorers Shawn Ryan and Cathy Wood over decades of exploration. Aurora is a well mineralized yet lightly explored mineral project that lies along strike from Prospector Metals’ new ML discovery. They have held the Aurora ground since 2004 and are very pleased to be entrusted with the ongoing exploration of this exciting property.’

Project partner, Shawn Ryan, commented, ‘Aurora is one of the highest prospectivity mineral projects I’ve held in the Yukon, and the nearby success of Prospector Metals reinforces its potential. I’m excited to be working with the T2 Metals technical team to see how this project develops.’

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Figure 1: Regional Location of the Aurora Mineral Project, Yukon Territory, Canada.
See Table 2 for additional information on resource-stage projects and supporting NI43-101 report references.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7326/285388_f4b9e3b9c4e0db63_002full.jpg

Exploration History

Exploration at Aurora has been intermittent since the first discovery of stibnite veins in 1916, which provided the early name for the area, Antimony Mountain. Notable work programs were conducted by Conwest Exploration (1966-1967), Anaconda Canada (1979-1980), Total Energold (1988-1989), and Kennecott (1994-1998).

More recently, Logan Resources and Golden Predator conducted soil sampling surveys and limited diamond drilling (2005-2011), intersecting significant gold mineralization and defining further high-grade targets at the AJ Vein and Golden Wall prospects (see Table 1 or https://data.geology.gov.yk.ca/Occurrence/14772#InfoTab).

Regional Geology

The Aurora Gold Project lies near the western edge of the Selwyn Basin in the northwest of the Yukon Territory. The stratigraphy consists of late Proterozoic to Palaeozoic marginal basinal and platformal clastic and pelitic sediments, intruded by post-accretionary mid-Cretaceous plutons. The Tombstone Plutonic Suite (93-91 Ma) are represented by alkalic monzonites and syenites often associated with intrusion-related gold deposits, most often exposed in the western part of the Selwyn Basin, close to the Tintina Fault (Stephens et al., 2004; Colpron et al., 2011).

Table 1. Aurora Gold Project history, taken from Yukon Geological Survey records.

Company Date(s) Work Performed Significant Mineralization Noted
Mr. W Walker 1916-1918 5.5 m adit and hand trenching in stibnite veins in an aplite dyke. Sb
Conwest Exploration & Central Patricia Gold Mines 1966-1967 Staking, geochem, geophysics, mapping, and 4 drill holes (200.9m). Au: Up to 120.0 g/t over 1.3m (North showing); 28.5 g/t over 2.8m in drilling.
Cream Silver Mines 1970 Geological mapping and hand trenching of Rainbow and JC veins N/A
Acheron Mines (later Pan Acheron Resources) 1975-1976 Mapping, geochem, hand trenching, and 3 drill holes (166.1m). Au: 20.6 g/t over 3.1m (South showing vein) in drilling.
Standard Oil Company 1975-1976 Airborne radiometric survey, stream sediment survey over Antimony Mtn stock; ground radiometrics. N/A
Anaconda Exploration Ltd 1979-1980 Mapping and geochemical sampling, 4 DDH totalling 1000 m in the Rainbow and JC veins. N/A
Riocanex Inc. 1980 Electromagnetic (EM) survey. N/A
Cody Hawk Resources 1982-1988 Mapping, EM surveys, rock sampling, and trenching. Au: Identified association with quartz-tourmaline-sulphide veins in hornfels.
Total Energold Corp 1988-1989 Mapping, geochem, airborne/surface geophysics, trenching, 6 drill holes (756m). Au: 22.8 g/t over 1.53m; 7.9 g/t and 7.5 g/t over 1.8m in drilling.
Kennecott Canada Inc. 1994-1998 Large-scale mapping, soil/stream/rock sampling, and prospecting. Au: Float samples of 19.0 g/t and 7.24 g/t; 69.0 g/t Au from Toby Creek vein outcrop.
Prospector International Resources 1997-1998 Staking, stream sampling, and prospecting. Ag/Pb/Zn: 15.6 ppm Ag, 1.3% Pb, and 6.5% Zn (For Sure claims).
Strategic Metals / War Eagle JV 2004 Prospecting, soil sampling, mapping, trenching, and 4 drill holes (832m). Au/Cu: 20-40m intervals of 200-300 ppb Au; associated with chalcopyrite (Cu).
Logan Resources / Golden Predator 2005-2011 12 diamond drill holes on the AJ target. Au: 12.45 g/t over 4.88m; 5.55 g/t over 0.49m; 9.24 g/t over 0.31m.

Property Geology

The Aurora Project is underlain by Late Proterozoic to Lower Cambrian clastic metasediments of the Hyland Group (Yusezyu and Narchilla Formations) which consist of interbedded shale, quartzite, and coarse sandstone. These are transitionally overlain by the Road River Group, comprised of calcareous greywacke, siltstone, and limestone (see Figure 2).

The central part of the project is underlain by the Mid-Cretaceous (93-91 Ma) Antimony Mountain Stock (AMS), part of the Tombstone Plutonic Suite. The stock is an elongate, 7 x 3.5 km body of hornblende syenite to quartz monzonite. It exhibits a porphyritic texture with alkali feldspar phenocrysts and is fringed by a fine-grained diorite phase. Notably, the northern part of the stock is essentially non-magnetic (reduced), while the southern portion is highly magnetic (oxidized), suggesting multiple intrusive pulses.

Aurora is strategically located between the Tintina Fault to the south and the Dawson Thrust Fault to the north, with the Robert Service Thrust situated on the western edge of the property. This regional-scale fault network has provided access for hydrothermal fluids associated with the younger Tombstone-age intrusions.

The property is characterized by isoclinal folding and east-west trending faults that act as local conduits for precious and base metal mineralizing fluids. A massive hornfels aureole extends up to 1 km from the Antimony Mountain Stock margins, where sedimentary rocks are intensely silicified and include finely disseminated pyrrhotite and pyrite, creating prominent iron oxide (limonite, goethite) stained rusty ridges. Skarn/calc-silicate replacement alteration (diopside-epidote-actinolite) is locally developed where the intrusion contacts limey sediments.

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Figure 2: Regional Geological Map for Aurora Project, Yukon Territory, Canada.
See Table 1 for additional information on resource-stage projects and supporting NI43-101 report references.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7326/285388_f4b9e3b9c4e0db63_003full.jpg

Mineralization

The Aurora Gold Project is located 10 km west of Prospector Metals Corp’s ML Project, in the heart of the Tombstone Gold Belt, a region renowned for large-scale Intrusion Related Gold Systems. Much like the ML Project, Aurora overlies and is adjacent to a Tombstone-age intrusion that remains significantly underexplored despite high-grade historical drilling intersections. Both properties demonstrate precious and base metal mineralization with potential for bulk-tonnage porphyry Au-Cu, high-grade Au sheeted veins, and skarn replacement mineralization. The exploration success at the ML Project, characterized by its high-grade copper-gold intersections, provides a compelling geological analogue for the untapped potential at T2 Metals’ Aurora Project.

Six significant gold-bearing prospects have been identified at Aurora by past explorers over a 10 km trend utilizing soil and rock chip sampling (see Figure 3). High-grade quartz-arsenopyrite-tourmaline veins are commonly mapped in fault controlled east-trending orientations. The AJ Vein is the most significant vein mapped to date, traced for over 700 m, with historical intercepts of 28.5 g/t Au over 2.74 m. Other known veins include the JC, Rainbow, TK, and TT showings. The Golden Wall prospect displays stratabound disseminated sulphide (arsenopyrite-pyrite-pyrrhotite) in calcareous siltstones and quartzites with potential for bulk-tonnage porphyry-style mineralization within the AMS and broad stockwork zones within the contact metamorphic halo.

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Figure 3: Local Geological Map for Aurora Project, Yukon Territory, Canada Including Know Gold Prospects.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7326/285388_f4b9e3b9c4e0db63_004full.jpg

Next Steps

T2 Metals is now integrating all historical geophysical and geochemical data to refine targets for a comprehensive diamond drilling program. Focus will be placed on the Golden Wall prospect which remains untested, expanding the known mineralization at the AJ Vein, and testing other undrilled gold-bearing prospects.

Option Terms

Subject to receipt of TSX Venture Exchange (‘TSXV’) approval of the Option Agreement, T2 Metals will have the option to acquire a 100% undivided interest in the Aurora mineral project, for a total consideration of $850,000 in cash and 3,500,000 common shares of T2 Metals to be paid to the Optionor in incremental amounts over a seven-year period, which may be accelerated at the discretion of T2 Metals. An initial cash payment of $75,000 and an initial payment of 400,000 common shares in T2 Metals will be made following TSXV acceptance of the Transaction. All shares issued under the Option Agreement will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws.

In order to exercise the Option, T2 Metals is also required to incur exploration expenditures on the Aurora mineral project totalling a minimum of $2,500,000 over eight years, including $100,000 by November 15, 2026. On completion of an NI 43-101 compliant Feasibility Study, $1 per Indicated and Measured resource estimate ounces of gold will be payable to the Optionor. Upon commencement of commercial production on the Aurora mineral project, the Optionor will retain a 2.5% net smelter return royalty on the property with 1% purchasable by T2 Metals for the cash payment of $2,000,000 to the Optionor.

Furthermore, the Company will pay a 5% finder’s fee to an arm’s-length party in consideration for their efforts in introducing the Company to the Aurora opportunity. The finders fee will be paid on the equivalent schedule as payments to the Optionor and is in accordance with the policies of the TSX Venture Exchange.

The mineral claims are located principally within the traditional territory of the Trʼondëk Hwëchʼin First Nation, which has settled its land claim, and is a self-governing first nation.

About Shawn Ryan

Shawn Ryan is a well-known prospector and entrepreneur in the Yukon’s mineral exploration industry and sits on T2 Metals Advisory Board. He is recognized for his innovative and systematic approach to gold exploration, which has been credited with sparking a ‘second Klondike gold rush.’ Mr. Ryan’s career is marked by a methodical approach to sampling, including development of a novel auger soil sampling technique, a method particularly effective in the Yukon where thick soil layers often obscure bedrock.

Shawn Ryan’s work has led to several significant discoveries including the Golden Saddle and Arc deposits, which became part of the multi-million ounce White Gold Project acquired by Kinross Gold; and the Coffee project, which was sold to Goldcorp (now Newmont Corporation) for $520 million and is now being advanced to production by Fuerte Metals Corp. His contributions to the industry have earned him numerous awards, including the Bill Dennis Award for prospecting from the Prospectors & Developers Association of Canada (PDAC). Shawn’s work is seen as a major factor in modernizing exploration in the Yukon and drawing new attention to the territory’s mineral potential.

Table 1: Gold Deposits in the Tombstone Gold Belt with NI43-101 References

Project EFFECTIVE DATE Author Report For Tonnes (M) Au (g/t) Contained Gold Status
Brewery Creek 18/01/2022 Cook. C. et al., 2022. Sabre Gold Mines Corp 34.5 1.03 1.142 M oz Measured & Indicated
36.0 0.88 1.018 M oz Inferred
Report Title: Preliminary Economic Assessment. NI 43-101 Technical Report on the Brewery Creek Project Yukon Territory, Canada
Eagle (Dublin Gulch) 31/12/2022 Harvey, N., 2022 Victoria Gold
Corp
233.2 0.57 4.303 M oz Measured & Indicated
36.2 0.62 0.724 M oz Inferred
Report Title: Technical Report. Eagle Gold Mine. Yukon Territory, Canada
Olive (Dublin Gulch) 31/12/2022 Harvey, N., 2022 Victoria Gold
Corp
11.6 0.97 0.361 M oz Measured & Indicated
5.5 1.17 206,479 Inferred
Report Title: Technical Report. Eagle Gold Mine. Yukon Territory, Canada
Raven (Dublin Gulch) 15/09/2022 Jutras, M., 2022. Victoria Gold
Corp
19.9 1.67 1.071 M oz Inferred
Report Title: Technical Report On The Raven Mineral Deposit, Mayo Mining District Yukon Territory, Canada
Blackjack (RC Gold) 21/01/2025 Simpson. R., 2025 Sitka Gold
Corp
39.9 1.01 1.298 M oz Indicated
34.6 0.94 1.045 M oz Inferred
Report Title: Clear Creek Property, RC Gold Project NI 43-101 Technical Report Dawson Mining District, Yukon Territory
Eiger (RC Gold) 19/01/2023 Simpson. R., 2025 Sitka Gold
Corp
27.4 0.5 0.440 M oz Inferred
Report Title: Clear Creek Property, RC Gold Project. NI 43-101 Technical Report. Dawson Mining District, Yukon Territory
Airstrip (AurMac) 28/06/2025 Jutras, M., 2025 Banyan Gold
Corp
27.7 0.69 0.614 M oz Indicated
10.1 0.75 0.244 M oz Inferred
Report Title: Technical Report, Aurmac Property, Yukon Territory, Canada
Powerline (AurMac) 28/06/2025 Jutras, M., 2025 Banyan Gold
Corp
84.8 0.61 1.663 M oz Indicated
270.4 0.60 5.216 M oz Inferred
Report Title: Technical Report, Aurmac Property, Yukon Territory, Canada
Florin 6/04/2025 Simpson. R., 2021 St. James Gold
Corp
170.9 0.45 2.474 M oz Inferred
Report Title: Florin Gold Project. NI 43-101 Technical Report. Mayo and Dawson Mining Districts, Yukon Territory
Valley (Rouge) 15/05/2025 Burrell. H. et al., 2024 Snowline Gold
Corp
75.8 1.66 4,047 M oz Indicated
81.0 1.25 3.256 M oz Inferred
Report Title: Rogue Project. NI 43-101 Technical Report and Mineral Resource Estimate. Yukon Territory, Canada

About the Tombstone Gold Belt

The Tombstone Gold Belt, a component of the larger Tintina Gold Province, is a highly prospective metallogenic province in the Yukon, with a range of well-known and emerging gold discoveries. The belt is characterized by a suite of mid-Cretaceous, reduced, felsic intrusions known as the Tombstone Plutonic Suite. These intrusive bodies and the surrounding host rocks have created conditions for the formation of numerous Intrusion-Related Gold Systems (IRGS). Exploration efforts have identified multiple mineralized corridors with gold hosted in sheeted quartz veins and disseminated mineralization within both the intrusive bodies and the hornfelsed country rocks.

Gold mineralization in the Tombstone Gold Belt is typically associated with a distinctive multi-element signature that includes bismuth, tellurium, and tungsten, along with arsenic and antimony. Gold-bearing fluids exsolved from cooling intrusions and preferentially deposited gold in brittle, structurally controlled environments. Both high-grade, structurally-controlled vein systems and lower-grade, bulk-tonnage deposits are known. The region hosts numerous significant deposits and is the site of recent discoveries by companies such as Snowline Gold Corp., Banyan Gold Corp., Sitka Gold Corp. and Prospector Metals Corp.

Disclaimers

The qualified person (as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects) for the Company’s projects, Mr. Mark Saxon, the Company’s Chief Executive Officer, a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has reviewed and approved the contents of this release.

Readers are cautioned that the discussion about adjacent or similar properties in this press release is not necessarily indicative of the mineralization or potential of the Aurora property. The Company has no interest in or right to acquire any interest in any such adjacent properties.

About T2 Metals Corp (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD)

T2 Metals Corp is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery. T2 Metals is committed to engage with rights holders and stakeholders with the highest level of respect, ensuring that our exploration activities contribute positively to the communities in which we operate.

ON BEHALF OF THE BOARD,

‘Mark Saxon’

Mark Saxon
President & CEO
For further information, please contact:
t2metals.com

1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
info@t2metals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

References:

Colpron, M. and Nelson, J.L., 2011. A Palaeozoic NW Passage and the Timanian, Caledonian and Uralian connections of some exotic terranes in the North American Cordillera.

Stephens, J.R., Mair, J.L., Oliver, N.H., Hart, C.J. and Baker, T., 2004. Structural and mechanical controls on intrusion-related deposits of the Tombstone Gold Belt, Yukon, Canada, with comparisons to other vein-hosted ore-deposit types. Journal of structural geology, 26(6-7), pp.1025-1041.

Cautionary Note Regarding Forward-Looking Statements

Certain information set out in this news release constitutes forward-looking information. Forward-looking statements are often, but not always, identified by the use of words such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’ and similar expressions. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements.

These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. Such risks include uncertainties relating to exploration activities. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

Source

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce the commencement of its 2026 induced polarization (‘IP’) survey at its 1,168-hectare North Island Copper Project located near Port Hardy on Vancouver Island, British Columbia.

The 10-15 line-kilometre IP program is being conducted by Peter E. Walcott & Associates Limited (‘Walcott’) of Coquitlam, British Columbia.

The 2026 IP survey is designed to confirm and refine historical geophysical targets associated with the Marisa Zone porphyry copper system and to support the development of follow-up drill targets.

In 1992, two of five diamond drill holes completed to test a 1991 IP chargeability anomaly intersected copper mineralization, including:

  • 0.078% copper over 56.39 metres (DDH92-01)
  • 0.041% copper over 70.71 metres (DDH92-03)

Both intercepts were encountered within altered quartz diorite, with DDH92-03 reporting increasing copper grades at depth.

Source: Geophysical and Diamond Drilling Report on the Marisa Property, G.J. Allen and P.G. Dasler, dated February 29, 1992, prepared for Great Western Gold Corporation.

The current survey lines will follow the historical survey azimuth and will be positioned midway between the 1992 IP lines to enhance data resolution across the target area. Historical and newly acquired datasets will be integrated to generate updated chargeability and resistivity elevation models, as well as pseudosection interpretations. The objective is to improve subsurface targeting precision ahead of a potential drill program.

‘The North Island Copper Project represents a compelling porphyry copper target with demonstrated historical mineralization,’ stated Saf Dhillon, President & Chief Executive Officer. ‘This IP program is a disciplined step toward refining our geological model and advancing toward drill-ready targets. With our recent financings completed, the Company is well positioned to execute its planned exploration programs while maintaining a prudent approach to capital deployment.’

The Company cautions that a Qualified Person has not verified the historical exploration data referenced in this release. The presence of mineralization on adjacent or nearby properties, including NorthIsle Copper and Gold and BHP properties, is not necessarily indicative of mineralization on the North Island Copper Project.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a Director of the Company and a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Questcorp Mining Inc.

Questcorp is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metal properties of merit. The Company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island Copper property, on Vancouver Island, B.C., subject to a royalty obligation. The Company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Corp.
saf@questcorpmining.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6

https://questcorpmining.ca

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering; and closing of subsequent tranches of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285467

News Provided by TMX Newsfile via QuoteMedia

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Here’s a quick recap of the crypto landscape for Wednesday (February 25) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$69,190.26, up by 7.4 percent over the last 24 hours.

Bitcoin price performance, February 25, 2026.

Chart via TradingView

After a “cautiously bearish” start to the week marked by institutional ETF outflows, the market has suddenly flipped green, surging toward the US$70k territory.

Analysts noted a double-bottom technical formation, a pattern that often signals the end of a short-term downtrend.

Amberdata’s recent snapshot highlighted a bullish divergence where stablecoin supply expanded by over US$773 million, creating a dry powder reserve that sidelined cash. Combined with an aggressive short position in the perpetuals market, the stage is set for a classic short squeeze.

Meanwhile, Glassnode analysts noted that a leverage reset was already complete and the market had shifted into an “accumulation backdrop.”

This structural thinning of sell-side pressure essentially created a liquidity vacuum, allowing today’s move to happen with explosive speed once buyers returned.

Crucially, open interest has climbed +1.57 percent in the last four hours and funding rates remain negative at -0.01 percent, indicating that the market isn’t overheated with leveraged buyers yet and that BTC may have more room to run before hitting the resistance at the US$70k- US$82k zone.

Ether (ETH) was priced at US$2,074.84, up by 11.7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.47, up by eight percent over 24 hours.
  • Solana (SOL) was trading at US$89.75, up by 14.1 percent over 24 hours.

Today’s crypto news to know

Meta reportedly plans to integrate stablecoin payments this year

Anonymous sources for CoinDesk claim that Meta Platforms (NASDAQ:META) is planning to integrate a third-party firm that will enable stablecoin payments across all three of its platforms – WhatsApp, Facebook and Instagram – early in H2, as well as implement a new wallet.

Meta reportedly sent out a request for product to third-party firms. One source mentioned partner Stripe, which acquired stablecoin specialist Bridge in 2025, as a candidate for piloting a potential Meta stablecoin; however, a subsequent Tweet from senior communications executive Andy Stone clarified that Meta is not planning to launch its own stablecoin, but confirmed that the company is exploring opportunities to “(enable) people and businesses to make payments on our platforms using their preferred method.

Coinbase partners with Yahoo Finance

Coinbase (NASDAQ:COIN) has announced the official launch of stock trading for all of its US -based users by partnering with Yahoo Finance. This puts the exchange directly in competition with broker Robinhood, widely considered the leading app-based platform for retail traders

The company is beginning with a selection of the market’s most popular stocks and intends to roll out 24/5 trading for additional companies in the coming months.

By Spring 2026, Coinbase will introduce stock perpetuals for international users. “Looking further ahead, our goal is to offer fully tokenized stocks, creating a seamless, 24/7 global market where your equities can even serve as on-chain collateral,” Coinbase said in its press announcement.

“Our Everything Exchange vision is about removing artificial boundaries between asset classes and building for the next generation of markets. This expansion is a foundational step toward unifying traditional investments and digital assets into a single platform, simplifying portfolio management and unlocking what comes next.”

Circle, Hut 8 report earnings

Hut 8 Mining (TSX:HUT) and Circle (NYSE:CRCL) both released Q4 2025 earnings reports today. Investors sent Circle shares up over 35 percent on the day after revenue exceeded expectations, growing 77 percent year-over-year to US$770.2 million. Earnings per share also far exceeded estimates of US$0.16, coming in at US$0.43.

Circulation of the company’s stablecoin, USDC, reached US$75.3 billion, up 72 percent, with on-chain transaction volume hitting US$11.9 trillion for the quarter.

Meanwhile, shares of Hut 8 closed down 6.57 percent after it reported a net loss of US$301.8 million for the quarter, largely as a result of losses on its BTC holdings of US$220 million. Revenue grew 45 percent year-over-year, driven by its ASIC mining and AI cloud segment.

Bitcoin rally fades during Trump address

Bitcoin briefly pushed above US$66,000 during Asian trading before trimming gains as President Donald Trump delivered his State of the Union address.

The token rose as much as 3.5 percent, its strongest intraday advance since mid-February, before slipping back toward the mid-US$65,000 range as the speech progressed. Ether climbed nearly 5 percent at one point, while Solana and XRP also posted solid early gains before momentum cooled.

The rebound followed a bruising stretch earlier in the week, when a Supreme Court ruling invalidating Trump’s emergency tariff authority and his subsequent move to impose 15 percent global tariffs rattled markets.

Still, caution remains visible in derivatives markets. Nearly US$230 million in put options expiring March 6 are clustered around the US$58,000 strike, according to Deribit data, signaling demand for protection against renewed downside.

Mastercard expands crypto push with new stablecoin, DeFi leadership role

Mastercard (NYSE:MA) is stepping up its digital asset strategy with a new senior hire aimed squarely at stablecoins and decentralized finance. The payments giant is recruiting a Director of Crypto Flows to oversee stablecoin-linked card products, DeFi integrations, and updates to its internal risk and network frameworks.

The move builds on partnerships forged in 2025 with Circle Internet Group (NYSE:CRCL), Paxos, and OKX that enabled spending from crypto wallets and merchant settlement in stablecoins.

The new role will focus in part on allowing users to spend blockchain-based dollars at more than 150 million Mastercard-accepting locations worldwide, while preserving familiar card features such as rewards and cashback. It will also explore connecting Mastercard’s rails to decentralized applications, enabling programmable payments and automated settlement flows.

Canaan buys deeper into Texas mining

Canaan (NASDAQ:CAN) has acquired a 49 percent stake in a joint venture tied to several West Texas Bitcoin mining projects from Cipher Mining (NASDAQ:CIFR) in a US$39.75 million all-stock deal.

The transaction gives Canaan exposure to operations totaling 120 megawatts of energized capacity and roughly 4.4 exahashes per second of hashrate. The sites operate at an average efficiency of about 25.7 joules per terahash, placing them within competitive industry benchmarks.

As part of the agreement, Canaan also acquired 6,840 Avalon A15Pro rigs previously deployed at Cipher’s Black Pearl facility. That site is being converted into an artificial intelligence and high-performance computing data center.

Cipher shares rose more than 6 percent following the announcement, while Canaan gained nearly 8 percent, suggesting investors welcomed the consolidation.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Denison Mines (TSX:DML,NYSEAMERICAN:DNN) has approved construction of what it says will be Canada’s first new large-scale uranium mine in more than 20 years, setting the stage for work to begin next month at its flagship Phoenix project in northern Saskatchewan.

The company announced that its board has made a Final Investment Decision to proceed with development of the Phoenix in-situ recovery (ISR) uranium mine, part of the broader Wheeler River project in the Athabasca Basin.

“Making a Final Investment Decision and the upcoming initiation of construction activities at Phoenix mark the beginning of a new era in Denison’s history and the Canadian uranium mining sector,” said David Cates, Denison’s president and chief executive officer.

“With construction anticipated to take approximately two years, commencing construction in March is expected to allow us to maintain our objective to achieve first production from Phoenix by mid-2028 and ultimately position Denison as one of the few uranium suppliers globally who will be able to provide a sizeable new source of uranium production before the end of the decade,” Cates added.

Wheeler River is described by Denison as the largest undeveloped uranium project in the infrastructure-rich eastern portion of the Athabasca Basin.

The project hosts the high-grade Phoenix and Gryphon deposits and is a joint venture in which Denison holds a 90 percent interest and serves as operator, with JCU (Canada) Exploration Company Limited holding the remaining 10 percent.

Phoenix is planned as an ISR operation, a method that extracts uranium by circulating solutions through the ore body rather than conventional open-pit or underground mining.

Permitting for the project began in 2019. The Province of Saskatchewan approved the project’s Environmental Assessment in July 2025, followed by federal approval and the grant of a Licence to Prepare Site & Construct by the Canadian Nuclear Safety Commission in February 2026.

The investment decision comes amid a broader resurgence of uranium development activity in Saskatchewan, home to some of the world’s highest-grade deposits.

Just days before Denison’s announcement, Australia-headquartered Paladin Energy (ASX:PDN,OTCQX:PALAF) said it had received provincial approval for the Environmental Impact Statement for its Patterson Lake South (PLS) project, also located in the Athabasca Basin.

The approval, granted on February 18 by Saskatchewan’s Minister of Environment, followed technical acceptance of the document in June 2025 and a public review process.

“The Environmental Assessment approval is an important regulatory milestone for the PLS Project and a prerequisite for permits and licences issued by provincial and federal authorities leading to construction and operation,” Paladin said.

Paladin is continuing to work with the Canadian Nuclear Safety Commission as it advances the federal licensing process.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Zimbabwe has imposed an immediate ban on exports of all raw minerals and lithium concentrates, halting shipments already in transit as the government tightens control over the country’s mining sector.

Mines and Mining Development Minister Polite Kambamura announced Wednesday that the suspension takes effect immediately and will remain in place until further notice.

“Government expects cooperation of the mining industry on this measure which has been taken in the national interest,” the ministry said in a statement.

It added that authorities remain committed to “ensuring transparency, in-country value addition and beneficiation, compliance, and accountability in the exportation of Zimbabwe’s mineral resources.”

The abrupt move accelerates earlier plans to curb lithium concentrate exports. Harare had previously set January 2027 as the deadline for banning such shipments, aiming to push miners to establish local processing and refining capacity. Wednesday’s announcement effectively brings that timeline forward.

In a February 17 letter to the Chamber of Mines of Zimbabwe seen by Reuters, the ministry said it would realign export processes amid concerns about “continued malpractices during the exportation of minerals.”

The letter described the review as “part of a broader effort to curb leakages and enhance efficiency within our systems.”

Kambamura told reporters in Harare that the ban would only be lifted if miners comply with government requirements. He said Zimbabwe “will be engaging the industry in the near future on new expectations and way forward.”

Zimbabwe has rapidly emerged as a major supplier of lithium concentrate to China, where the material is refined into battery-grade products used in electric vehicles and energy storage systems.

The country exported 1.128 million metric tons of lithium-bearing spodumene concentrate by the end of 2025, up 11 percent from the previous year. It also holds Africa’s largest lithium reserves and ranks among the top global producers, with resources estimated at 126 million metric tons, according to official data.

Much of the sector’s recent growth has been driven by Chinese investment, with companies committing billions of dollars to develop Zimbabwean mines.

Lithium, along with rare earths and other strategic materials, have gained strategic priority for its role in producing batteries, electronics, renewable energy systems, and defense technologies.

Mining is Zimbabwe’s second-largest contributor to gross domestic product after manufacturing, accounting for 14.3 percent of output, according to World Bank data.

The immediate suspension, however, introduces uncertainty for producers and exporters who had been preparing for a phased transition.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Sankamap Metals Inc. (CSE: SCU), a mineral exploration company focused on high-potential gold and copper assets in the Solomon Islands, is pleased to announce its participation in the upcoming Prospectors & Developers Association of Canada (‘PDAC’) Convention in Toronto.

PDAC 2026 will mark one of Sankamap’s first major international investor events, providing an opportunity to introduce the Company’s portfolio and near-term exploration strategy to a global audience. Sankamap is advancing a district-scale land package in the Solomon Islands, an emerging and highly prospective jurisdiction with significant potential for gold and copper discoveries.

The Company is currently preparing for an upcoming drill program on the Kuma Property, focused on defining high-grade targets and advancing priority zones toward discovery. At PDAC, Sankamap will highlight its exploration plans, including drill targeting, timelines, and key catalysts for 2026.

PDAC Convention | March 1-4, 2026
The PDAC Convention is the world’s premier mineral exploration and mining event, bringing together industry leaders, investors, and stakeholders from across the globe. The convention represents a key platform for companies to showcase projects, share technical advancements, and connect with the investment community.

Sankamap Metals will be exhibit at booth 2807 and welcomes investors and industry participants to visit the team learn more about its Solomon Islands portfolio and upcoming catalysts.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont’s Lihir Mine¹

1Lihir

Proven and Probable: 23 Moz Au; 310 Mt at 2.3 g/t Au
Indicated: 520 Mt containing 39 Moz Au at 2.3 g/t Au
Measured: 81 Mt containing 5 Moz Au at 1.9 g/t Au
Inferred: 61 Mt containing 4.9 Moz Au at 2.3 g/t Au

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap which returned numerous high-grade copper values, reaching up to 4.09% Cu, and up to 116 g/t Au . In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

  1. Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

  2. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

  3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

Contact Information

ON BEHALF OF THE BOARD OF DIRECTORS,

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

Krystle Adair, VP Exploration
T: (778) 558-3635
E: krystlea@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285369

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Trading resumes in:

Company: Lithium Africa Corp.

TSX-Venture Symbol: LAF

All Issues: Yes

Resumption (ET): 8:00 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Cision View original content: http://www.newswire.ca/en/releases/archive/February2026/26/c5919.html

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(TheNewswire)

Vancouver, British Columbia, February 26, 2026 TheNewswire – FinEx Metals Ltd. (TSX-V: FINX) (‘FinEx’ or the ‘Company’) is pleased to announce that it proposes to undertake a non-brokered private placement (the ‘Offering’) to raise gross proceeds of up to $1,500,000 through the sale of up to 12,500,000 units (each, a ‘Unit’) of the Company at a price of $0.12 per Unit.  Each Unit will comprise of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.18 for a term of 24 months.  All securities issued will be subject to a statutory hold period of four months and one day.

The proceeds from the Offering will be used for exploration activities on the Company’s 100% owned projects in Finland and for general working capital.

Finder’s fees may be paid in connection with the Offering in accordance with the policies of the TSX Venture Exchange (the ‘TSXV’). The Offering is subject to the approval of the TSXV.

Directors and officers of the Company may acquire securities under the Offering, which will be considered a ‘related party transaction’ as defined under Multilateral Instrument 61-101 (‘MI 61 101’). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.  

The offered securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ‘Securities Act’) or any state securities laws and may not be offered or sold to, or for the account or benefit of, any person in the United States or any ‘U.S person’, as such term is defined in Regulation S under the Securities Act, absent registration or an applicable exemption from registration requirements.  Offers and sales in the United States will be limited to institutional accredited investors and qualified institutional buyers.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

About FinEx Metals Ltd.

FinEx Metals Ltd. (TSX-V: FINX) is a gold, nickel and PGE-focused mineral exploration company advancing a portfolio of 100%-owned, royalty-free projects in northern Finland, strategically located in the Central Lapland Greenstone Belt and Eastern Lapland Greenstone Belt. FinEx’s projects are near existing mining operations and benefit from strong infrastructure, a stable jurisdiction, and a proven exploration model, supporting multiple targets with clear discovery potential in one of Europe’s most prospective and underexplored regions. For more information, please visit the Company’s website at www.finexmetals.net.

 

FinEx Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest can be found on the company website at www.nqcapitalgroup.com.

  

On Behalf of the Board of Directors

Tero Kosonen

Chairman and Chief Executive Officer

+1 (604) 681-9100

tero@finexmetals.net

For further information, please contact:

Brennan Zerb

Investor Relations Manager

+1 (778) 867-5016

bzerb@nqcapitalgroup.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements:

This news release includes certain forward-looking statements and forward-looking information (together, ‘forward-looking statements’). All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the offering, the use of proceeds from the Offering, other future plans and objectives of the Company are forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events may vary from those anticipated in such statements. Important risk factors that could cause actual results to differ materially from the Company’s plans or expectations include failure to obtain TSXV acceptance of the Offering, inability to use of proceeds from the Offering as expected, failure to raise sufficient funds on the proposed terms or at all, and risks associated with mineral exploration, including the risk that actual results and timing of exploration and development will be different from those expected by management. The forward-looking statements in this news release were developed based on the assumptions and expectations of management, including that TSXV acceptance for the Offering will be obtained, the Company will be able to use the proceeds from the Offering as anticipated, required fundraising will be completed, as well as the other assumptions disclosed in this news release and that the risks described above will not materialize. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.

  

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Rio Silver Inc. (‘Rio Silver’ or the ‘Company’) (TSX-V: RYO | OTC: RYOOF) is pleased to announce that it has received permission from the local community to commence planned site activities at its Maria Norte Project in Peru. The agreement allows the Company to begin establishing the necessary infrastructure to efficiently start exploration and development of the Maria Norte Property.

The agreement follows ongoing dialogue and participation from local residents and community leadership. With this initial agreement, the Company will continue to work with the local community and the broader Huachocolpa community to enter into a formal definitive agreement for the long-term use of the area for both exploration and mining activities. Rio Silver may now proceed with planned access preparation and related technical initiatives in alignment with the community’s support.

Huachocolpa: A Community Built on Mining Heritage

The Huachocolpa District has long been recognized as a region rooted in mineral development, with a proud legacy of resource extraction. Compañia de Minas Buenaventura (‘Buenaventura’), Peru’s historic mining company, initially commenced operations in this district in the 1950s. Buenaventura has, for decades in this district, provided employment, technical training, and opportunity for generations.

The district is home to a significant Canadian presence, including neighboring operations led by Silver X Mining Corp. and Endeavour Silver Corp., among others operating regionally. Canadian-led companies in Peru have historically operated under rigorous environmental, social, and governance standards, supported by strong capital markets and disciplined regulatory frameworks. Rio Silver is committed to upholding those same principles of transparency, accountability, and long-term partnership.

Management Commentary

‘We are extremely grateful for the active and thoughtful participation demonstrated by the surrounding community,’ said Chris Verrico, President and Chief Executive Officer of Rio Silver. ‘The response from our host neighbors reflects strong leadership, solid intentions, and a shared commitment to ensuring development proceeds in a manner that benefits all stakeholders.’

‘Huachocolpa is a community shaped by mining expertise and integrity. We recognize that the opportunity to advance Maria Norte comes with responsibility. We are honored to build upon the legacy established by those who developed this region before us, and we are committed to maintaining open dialogue, respecting local values, and working collaboratively as we move forward. With this initial step achieved, we are excited to continue working with all stakeholders to enter into a definitive agreement in 2026. The future for the project and for our partnership with the community is truly exciting.’

Immediate Next Steps

With formal authorization confirmed, the Company intends to:

  • Mobilize personnel to initiate planned site activities
  • Advance access and portal preparation work, including camp construction
  • Advance mineral process optimization (metallurgical) programs
  • Conduct systematic surface mapping and technical field programs

These activities are structured to ensure steady advancement while maintaining continued engagement and cooperation with local stakeholders.

Metallurgical Program Advancing to Support Silver Recovery Optimization

The Company also confirms that its previously announced metallurgical program to de-risk processing and optimize silver recoveries at Maria Norte remains actively underway. This technical work is focused on validating processing assumptions, refining the proposed flow sheet design, and supporting the Company’s staged development strategy. Upon receipt and review of the metallurgical results, Rio Silver intends to provide a comprehensive update to the market.

Further details regarding the metallurgical program are available in the Company’s prior release titled ‘Rio Silver Launches Metallurgical Program to De-Risk Processing and Optimize Silver Recoveries at Maria Norte,’ which can be accessed at:

https://riosilverinc.com/rio-silver-launches-metallurgical-program-to-de-risk-processing-and-optimize-silver-recoveries-at-maria-norte/

Why This Matters to Investors

Community support is fundamental to responsible project advancement. A formal authorization is expected to follow from a duly convened assembly, which will provide further clarity and alignment as Rio Silver advances its silver-dominant Maria Norte Project. With the support of the local community, the Company may now proceed with planned on-site initiatives in a coordinated manner, reinforcing its commitment to long-term stakeholder value.

About Rio Silver Inc.

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world’s second-largest silver producer. The Company is focused on near-term development opportunities within proven mineral belts and is supported by a seasoned technical and operational team with deep experience in Peruvian geology, underground mining, and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru’s next emerging silver producers.

Learn more at www.riosilverinc.com

Stay Connected with Rio Silver
Investors and stakeholders are encouraged to follow Rio Silver for the latest company updates, project milestones, and event announcements across the Company’s official social media channels:

    By following Rio Silver’s official channels, investors can stay informed as the Company advances its silver-dominant projects and executes on key development milestones.

    ON BEHALF OF Rio Silver INC.

    Chris Verrico
    Director, President and Chief Executive Officer

    To learn more or engage directly with the Company, please contact:
    Christopher Verrico, President and CEO
    Tel: (604) 762-4448
    Email: chris.verrico@riosilverinc.com
    Website: www.riosilverinc.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding anticipated development activities, underground access timing, permitting progress, community engagement, processing strategies, and the Company’s ability to advance toward potential production and cash flow. Forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Rio Silver undertakes no obligation to update such statements except as required by law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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