Vancouver, British Columbia – (February 24, 2026) – TheNewswire - Sendero Resources Corp. (TSXV: SEND)(FSE: 9O40) (the “Company” or “Sendero”) is pleased to announce that its common shares have been accepted for listing on the Frankfurt Stock Exchange (“FSE”) and have started trading under the symbol 9O40.The Frankfurt Stock Exchange is one of the world’s largest securities trading platforms and provides access to a broad base of European institutional and retail investors. The FSE listing is expected to ...

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to announce that Litio Minera Argentina S.A., a subsidiary of Ganfeng Lithium ("Ganfeng Lithium") has provided an update on the Mariana Lithium Project in Argentina. TNR holds a 1.5% Net Smelter Return Royalty ("NSR") on the Mariana Lithium Project, of which a 0.15% NSR Royalty is held on behalf of a shareholder.On February 18, 2026, Litio Minera Argentina S.A. stat ...

Core Viewpoint - ATEX Resources Inc. has successfully raised approximately $52.5 million through the exercise of common share purchase warrants, enhancing its financial position to support ongoing exploration and development activities in the Valeriano district [1][2]. Financial Summary - The company has a cash balance of approximately $140 million following the warrant exercise, with a total of about 368 million common shares issued and outstanding [2]. - There are 42.3 million common share purchase warrants remaining, with an exercise price of $4.00, which could provide an additional funding of approximately $169 million if fully exercised [2]. Exploration and Development - The company is expanding its Phase VI drill program by adding approximately 5,000 meters of drilling, aimed at further delineating the B2B Zone and testing surrounding high-grade breccia targets [3][4]. - The Phase VI program has been the most successful to date, with about 21,000 of the originally planned 25,000 meters already completed [3]. Project Overview - ATEX is focused on the Valeriano copper-gold project located in Region III of the Atacama, Chile, which is part of an emerging copper-gold porphyry mineral belt [6]. - The project is targeting high-grade breccia zones and high-grade porphyry mineralization, with ongoing multi-rig drill campaigns [6].

Core Insights - Lundin Mining (LUNMF) reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.30 per share, and showing a significant increase from $0.12 per share a year ago, resulting in an earnings surprise of +40.80% [1] - The company achieved revenues of $1.3 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 13.06%, and compared to $858.9 million in the same quarter last year [2] - Lundin shares have increased approximately 20% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $1.09 billion, while for the current fiscal year, the estimate is $1.07 on revenues of $4.17 billion [7] - The estimate revisions trend for Lundin was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Mining - Non Ferrous industry, to which Lundin belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Lundin Mining Project Update Summary Company and Industry - **Company**: Lundin Mining Corporation - **Project**: Vicuña Project - **Industry**: Mining, specifically copper and precious metals Core Points and Arguments 1. **Preliminary Economic Assessment (PEA)**: The PEA outlines a pathway for Lundin Mining to become a top 10 copper producer, highlighting the project's potential as a Tier One status project with a mine life exceeding 70 years [4][12][16] 2. **Stage Development Plan**: The project is divided into three stages: - **Stage One**: Focuses on the Josemaria project with a sulfide concentrator capacity of 175,000 tons per day, producing approximately 200,000 tons of copper and 400,000 ounces of gold in the first five years [6][7] - **Stage Two**: Involves a heap leaching process for oxide material, with a capacity of 60,000 tons per day for copper and 30,000 tons per day for gold [7] - **Stage Three**: Expands the concentrator to nearly 300,000 tons per day, aiming for peak production of over 500,000 tons of copper and 800,000 ounces of gold annually [8][12] 3. **Capital Expenditure (CapEx)**: - Stage One CapEx is estimated at $7.1 billion, with a capital intensity of approximately $21,000 per copper equivalent ton [10] - Total initial capital for all stages is projected to be over $18 billion, with a full-scale capital intensity of about $26,000 per ton copper equivalent [12] 4. **Free Cash Flow**: The project is expected to generate an average annual free cash flow of $2.2 billion over 25 years, largely due to the favorable commodity mix [11] 5. **Economic Benefits**: The project is anticipated to contribute approximately $1 billion annually in taxes and royalties to Argentina, along with creating over 5,000 direct jobs and nearly 20,000 indirect jobs [13] 6. **Mineral Resource Estimate**: The updated estimate shows a combined resource of 46 million tons of copper, nearly 100 million ounces of gold, and 1.8 billion ounces of silver, indicating significant growth in resources [19][20] 7. **Infrastructure Strategy**: The project will utilize a third-party infrastructure strategy to manage costs effectively, with a desalinated seawater system proposed to support Stage Three [25][26] 8. **Funding Mechanisms**: Discussions are ongoing with BHP regarding funding strategies, including potential debt financing or streaming arrangements for precious metals [34][47] 9. **Regulatory Environment**: The project is operating under the RIGI framework, with a 25% corporate tax rate assumed for the first 40 years, reverting to 35% thereafter [62][64] Other Important Content 1. **Market Positioning**: The Vicuña project is positioned to rank among the top five producers of copper, gold, and silver globally, showcasing its competitive advantage [15][16] 2. **Geological Insights**: The transition zone between mineral domains is being studied to mitigate risks associated with acid-consuming sulfides [38] 3. **Labor Management**: The project is not currently facing labor shortages due to high local unemployment, and training programs are in place to ensure skilled labor availability [45] 4. **Environmental Considerations**: The project includes plans for tailings management with three proposed sites close to the processing facility [79] 5. **Future Exploration**: There is potential for future expansions beyond the current deposits, indicating ongoing exploration opportunities in the Vicuña District [83] This summary encapsulates the key points from the Lundin Mining Project update, focusing on the economic assessment, project stages, financial metrics, and strategic considerations for the Vicuña Project.

Unlocking Vicuña The World's Next Giant Mining District Technical Report Presentation February 16, 2026 TSX: LUN NASDAQ STOCKHOLM: LUMI Cautionary Statements Regarding Forward-Looking Information Certain of the statements made and information contained herein are "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to stateme ...

Core Viewpoint - Sendero Resources Corp. is highlighting the geological characteristics of its Peñas Negras Project in Argentina, which align with large-scale magmatic-hydrothermal systems found in the Vicuña Copper-Gold Belt, indicating significant exploration potential [1][21]. Geological Characteristics - The Peñas Negras Project is situated within the Miocene Andean magmatic arc, known for its metal-fertile intrusive activity and large hydrothermal footprints typical of world-class geological environments [3][20]. - The project exhibits features consistent with a large-scale mineralizing system rather than an isolated prospect, including widespread hydrothermal alteration and multiple intrusive phases [4][5]. System Comparison - Peñas Negras shares geological characteristics with major deposits in the Vicuña Belt, such as Miocene age magmatism, Andean arc setting, and porphyry-style alteration [5][20]. - The project shows early-stage porphyry architecture indicators and a broad alteration footprint, suggesting potential for significant mineralization [5][6]. Historical Exploration and Drilling Results - Historical exploration has involved approximately 15,875 meters of drilling across 80 holes, revealing significant copper and gold mineralization extending to depth [8][12]. - Notable drill results include: - Hole PNDH-001: 226 meters grading 0.22 g/t AuEq from surface - Hole PNDH-003: 256 meters grading 0.53 g/t AuEq from 84 meters - Hole PNDH-006: 364.2 meters grading 0.51 g/t AuEq from 33.8 meters [11]. Exploration Strategy - The company's exploration strategy focuses on testing the ENE-trending Mogotes fault, with a fully funded drill program planned to advance the area of interest and define structural traps and extended mineralization [15][20]. - The program aims to delineate Cu–Au and associated pathfinder element anomalies and alteration patterns across the property [15]. Strategic Positioning - Sendero Resources controls a strategic structural corridor within the Vicuña Belt, which is recognized as a significant emerging copper-gold district globally [21][22]. - The Peñas Negras Project is positioned approximately 18 km southeast of the Caserones mine and near other significant projects, enhancing its exploration potential [22].

Core Viewpoint - BHP Group reported a stronger-than-expected half-year underlying profit, primarily driven by copper, which has now surpassed iron ore in earnings for the first time, due to increased demand fueled by AI and cleaner energy initiatives [1][2]. Financial Performance - First-half underlying attributable profit rose 22% to $6.20 billion, exceeding the Visible Alpha consensus of $6.03 billion [3]. - BHP declared an interim dividend of 73 cents per share, surpassing market estimates of 63 cents, with a payout ratio of 60% [3]. - Copper, including byproducts, contributed $7.95 billion to operating earnings, higher than iron ore's $7.50 billion, making up 51% of total underlying operating earnings of $15.46 billion [3]. Market Dynamics - Demand for copper is surging due to rapid growth in power use for AI data centers and the transition to cleaner energy, leading to increased competition among mining companies for high-quality copper assets [2]. - A 32% increase in realized copper prices, along with higher prices for precious metals, significantly boosted profits [4]. - Iron ore prices have recently hit a seven-month low, and unit costs for iron ore increased by 7% to $19.41 per metric ton [4][5]. Strategic Focus - BHP is focusing on organic growth options for copper and does not feel pressured to pursue mergers and acquisitions, having previously walked away from a potential acquisition of Anglo American [7]. - The company has raised its copper production forecast for the year to between 1.9 million and 2 million tons, citing strong operational performance [8]. - BHP announced an $18 billion multi-year investment plan to develop copper, gold, and silver mining projects in northern Argentina, with potential peak copper production exceeding 500,000 tons annually [9]. Partnerships and Agreements - BHP entered a silver streaming agreement with Wheaton Precious Metals for an upfront payment of $4.3 billion, part of a targeted $10 billion to be raised from existing assets to potentially enhance dividend payouts [11].

Financial Data and Key Metrics Changes - The underlying EBITDA grew by 25%, with an increased margin of 58% [9] - Underlying attributable profit reached $6.2 billion, and return on capital employed was 24%, both significantly up from the previous year [9] - An interim dividend of $0.73 per share was declared, representing a 46% increase half-on-half [4] Business Line Data and Key Metrics Changes - Copper business generated a record $8 billion of EBITDA, accounting for over half of the group total, with a margin of 66% [10] - Production in copper increased by 2%, while unit costs improved by approximately 4.5% despite inflation [10] - Western Australia Iron Ore achieved record first-half production and shipments, maintaining its position as the lowest-cost major iron ore producer globally [11] Market Data and Key Metrics Changes - Global demand for copper is projected to grow by around 70% between 2021 and 2050, driven by economic growth and energy transition [21] - The company expects to generate around $60 billion in attributable free cash flow over the next five years at current spot prices [12] - Even in a prolonged low-price environment, the company anticipates generating around $10 billion in attributable free cash flow [12] Company Strategy and Development Direction - The company focuses on investing in highly attractive commodities, operating world-class assets, and maintaining disciplined capital allocation [4][5] - A clear pathway to grow iron ore volumes to over 305 million tons per year by the end of financial year 2028 has been established [19] - The Jansen Potash asset is expected to deliver around $1 billion of EBITDA per year per stage, enhancing the company's portfolio [20] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the business outlook, supported by healthy demand and favorable trade outcomes [17] - The company is well-positioned to thrive amid geopolitical uncertainties and expects global GDP growth in 2026 to align with the previous year [17] - The management highlighted the importance of operational performance in generating maximum value for deployed capital [6] Other Important Information - The company has identified potential to unlock up to $10 billion in capital for reinvestment or increased shareholder returns [4][15] - Recent agreements related to silver streaming and power consumption are expected to unlock over $6 billion in cash [13][14] - The company has a clear capital allocation framework to maximize value and returns for shareholders [13] Q&A Session Summary Question: What are the expectations for copper production growth? - The company expects a production growth of around 40% by 2035, primarily through capital-efficient brownfield projects [20] Question: How does the company plan to manage costs in the current environment? - The company has reduced costs in real terms post-COVID and aims to maintain its position as the lowest-cost major producer [6] Question: What is the outlook for the iron ore market? - The company anticipates fierce competition in the iron ore market but is well-positioned due to its cost leadership and operational excellence [18]

分组1 - First Quantum Minerals reported quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share, representing an earnings surprise of -84.45% [1] - The company posted revenues of $1.48 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 6.51%, compared to year-ago revenues of $1.26 billion [2] - The stock has gained approximately 6.4% since the beginning of the year, outperforming the S&P 500's gain of 1.7% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $1.49 billion, and for the current fiscal year, it is $0.88 on revenues of $6.22 billion [7] - The Mining - Non Ferrous industry is currently in the top 10% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Lundin Mining, another company in the same industry, is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year change of +133.3% [9]