(In United States dollars, except where noted otherwise) TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today announces the filing of a Technical Report (the “Report”) for its Taca Taca project (the “Project”). The Report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") with an effective date of December 31, 2025. Taca Taca is a porphyry copper-gold-molybdenum deposit l ...

Core Viewpoint - Platinum Group Metals Ltd. reports its financial results for the first fiscal quarter of 2026, focusing on the advancement of the Waterberg Project, which is expected to be one of the largest and lowest-cost underground platinum group metals mines globally [1] Financial Results - The company incurred a net loss of $1.84 million for the three months ended November 30, 2025, consistent with the previous year [13] - General and administrative expenses were $1.08 million, down from $1.24 million in the same period last year [13] - Share-based compensation increased to $1.13 million from $0.72 million year-over-year [13] - A foreign exchange gain of $0.23 million was recognized, attributed to the U.S. Dollar's appreciation against the Canadian Dollar [13] Project Ownership - As of November 30, 2025, the Waterberg Project is owned by Waterberg JV Resources, with Platinum Group holding a 37.32% interest [4] - The ownership structure includes Mnombo (26.0%), HJ Platinum Metals Company (21.95%), and Impala Platinum Holdings (14.73%) [4] Recent Developments - A sixth stage of work was approved for the Waterberg Project, with a budget of Rand 92.1 million (approximately $5.11 million) for fiscal year 2026 [7] - The company closed a non-brokered private placement of common shares at $1.26 per share, raising $1.0 million [8] - An interim budget of Rand 42 million (approximately $2.27 million) was approved for the continuation of work programs [9] Project Expenditures - Total expenditures on the Waterberg Project for the three months ended November 30, 2025, were approximately $0.55 million [17] - Accumulated net costs capitalized to the Waterberg Project reached $51.2 million [17] - Total expenditures since inception to November 30, 2025, amount to approximately $91.6 million [17] Future Outlook - The primary objective is to advance the Waterberg Project to a development and construction decision [19] - Approximately half of the $21.0 million Pre-Construction Program remains to be completed, covering essential site facilities and initial road access [20] - The company is assessing commercial alternatives for mine development financing and concentrate offtake [21] Technical and Economic Considerations - The base case for mine development focuses on lower-cost, bulk mining of F-Zone material from the F-Central deposit [23] - The T-Zone reserves have a more favorable 4E prill split and higher grade compared to the F-Central deposit [23] - Internal studies are evaluating the financial impact of a staged development approach, potentially allowing for lower capital expenditures [25] Environmental, Social, and Governance (ESG) - The company received a BBB score in its 2025 ESG disclosure report from Digbee, indicating a commitment to improving ESG performance [28]

Core Viewpoint - Greenridge Exploration Inc. has entered into a six-month marketing agreement with RMK Marketing Inc. to enhance its online marketing efforts, with a budget of up to $500,000 CAD [1][3]. Group 1: Agreement Details - The agreement with RMK will commence on January 15, 2026, and will involve various marketing services including AdWords campaign management and optimization [2][3]. - Greenridge will compensate RMK $250,000 CAD, with the option to increase the budget to $500,000 CAD during the term of the agreement [3]. Group 2: Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada, with interests in 21 projects covering approximately 281,100 hectares [4]. - The company has a significant portfolio in uranium, lithium, nickel, copper, and gold, with 13 uranium projects covering about 194,350 hectares [5]. Group 3: Project Highlights - The Black Lake property has historical results showing 0.69% U3O8 over 4.4 meters from a discovery hole [7]. - The Firebird Nickel property has seen drilling results of 0.36% Ni and 0.09% Cu over 23.8 meters [7]. Group 4: Management and Strategy - The management team and board of directors possess extensive expertise in capital raising and advancing mining projects, positioning the company to attract new investors [8].

Core Insights - Northern Lights Resources Corp. has outlined its achievements in 2025 and a positive outlook for 2026, emphasizing a transformative year ahead [1][2] Corporate & Strategic Milestones - In 2025, the company focused on building a strong technical and corporate foundation, advancing its understanding of assets, and positioning for future value-creating catalysts [2] - Key achievements included disciplined exploration, technical validation, and strategic planning [2] Technical Progress Across the Portfolio - The Horetzky Copper Project in British Columbia remained a core focus, with efforts to strengthen technical confidence ahead of future drilling [3] - The Pup Copper-Gold Project in Yukon demonstrated strong exploration potential, representing a high-upside opportunity in an underexplored region [3] Specific Achievements in 2025 - Advanced geological mapping and sampling to better define structural controls and mineralized trends [4] - Strengthened leadership and technical oversight to support data-driven decision-making [5] - Maintained a tight capital structure and disciplined capital allocation to maximize leverage to exploration success [5] - Compiled, digitized, and reinterpreted historical datasets to establish a modern geological framework for future exploration [5] - Completed targeted field programs and surface sampling to refine drill targeting [5] - Advanced permitting and logistical planning to ensure projects are drill-ready [5] Project Pipeline Expansion - The company is evaluating and advancing a pipeline of prospective project opportunities in a disciplined manner aimed at growing shareholder value [7] Outlook for 2026 - The company anticipates 2026 to be focused on execution, catalysts, and value creation, aiming for consistent news flow through exploration milestones and stakeholder engagement [8]

Core Viewpoint - Teako Minerals Corp. has entered into a Definitive Acquisition Agreement with Nordic Minerals AS to sell a 90% interest in five Norwegian mineral projects, enhancing its strategic position while retaining a 10% free carried interest in the projects [1][4][5]. Agreement Terms - Teako will receive an initial payment of NOK 1,450,000 (approximately C$200,000) shortly after the agreement, with an additional NOK 2,700,000 (approximately C$370,000) contingent upon the projects achieving a collective mineral resource of at least 10 million tonnes [4][11]. - Teako retains a non-dilutive 10% free carried ownership interest in the projects until a final investment decision is made, ensuring no financial responsibility for costs until commercial production begins [5][6]. - Nordic is obligated to incur a minimum of C$700,000 in exploration expenditures within the first 24 months and aims for total expenditures of C$5,000,000 over 60 months [7][8]. Project Overview - The five projects include Mykkelvika, Heimdalhaugen, Sivilvangen, Klasberget, and Hellemyr, all located in Norway and known for their mineral potential, including copper, zinc, gold, and silver [1][11]. - The Mykkelvika Project spans 126 km² and is situated in a geologically favorable area with multiple mineral occurrences, including significant copper and zinc grades [12][13]. - The Heimdalhaugen Project covers 60 km² and has potential for both Cu-Zn VMS systems and Cu-Mo porphyry mineralization, supported by a history of mining in the region [18][19]. - The Sivilvangen Project, also 60 km², hosts a VMS deposit with a reported mineral inventory of approximately 267 kt at 0.72% Cu and 5.27% Zn, benefiting from well-developed infrastructure [23][24]. - The Klasberget Project, measuring 10 km², is adjacent to historic ore fields with significant past production, indicating strong exploration potential [26][29]. - The Hellemyr Project, located near the Kongsberg silver mining district, covers 33 km² and has a history of base metal production, with promising potential from historic tailings [32][33]. Strategic Partnership - The partnership with United Minerals Australia is expected to leverage their extensive experience in financing and developing mineral projects, aiming for responsible and efficient project advancement while focusing on environmental stewardship and community engagement [3][35].

Core Viewpoint - Cornish Metals Inc. has received approval from the Ontario Superior Court for its re-domicile to the United Kingdom through a statutory plan of arrangement, facilitating the transfer of shares to Cornish Metals plc [1][2][3] Group 1: Arrangement Details - The arrangement involves exchanging one Cornish UK Share for every ten Cornish Canada Shares held, with rounding down to the nearest whole number [2] - The arrangement is expected to close on or about December 16, 2025, subject to customary closing conditions [3] - Following the completion, Cornish Canada Shares will be delisted from the TSX Venture Exchange, and the company will cease to be a reporting issuer in applicable jurisdictions [3] Group 2: Company Overview - Cornish Metals is focused on advancing the South Crofty tin project, which is a historical underground tin mine in Cornwall, UK, with existing mine infrastructure [6] - The South Crofty project is noted as the highest grade known tin resource not currently in production and is permitted for underground mining until 2071 [6] - The project is positioned to potentially be the first primary producer of tin in Europe or North America, with tin classified as a critical mineral by multiple governments [6]

Core Viewpoint - American Critical Minerals Corp. is advancing its initial drill program at the Green River Potash and Lithium Project in Utah's Paradox Basin following successful funding efforts [1] Funding and Financials - The company closed a Bought Deal Offering and a Concurrent Non-Brokered Offering, raising approximately $7,451,000 in gross proceeds, which will be used for final bonding and drilling launch [1] Technical Expertise - With the appointment of Dean Pekeski and the existing Technical and Advisory Team, the company has enhanced its in-house expertise and technical capability for drilling and developing the project [1] Project Status - The company has three drill holes within its State of Utah Potash Mineral Leases (SITLA Leases) that are fully permitted and bonded for drilling [1]

Core Viewpoint - Cornish Metals Inc. is making significant progress on its South Crofty tin project in Cornwall, UK, with various underground and surface activities advancing as planned, following a successful fundraising in Q1 2025 [1][7]. Underground Activities - Refurbishment of the New Cook's Kitchen mid-shaft pump station is on track, with the old pumps and infrastructure removed and new permanent pumps being installed, expected to be completed by year-end 2025 [2]. - Development has commenced at the No. 1 level, involving approximately 600 meters of lateral development to establish rock handling facilities, which will also serve as a training platform for mining crews [3]. Surface Activities - The second phase of excavation for the new pre-concentration plant began in late November 2025, focusing on overburden and rock removal [4]. - Construction of a new workshop and stores facility at the old Bartles Foundry site is progressing well, with major works expected to be completed by the end of Q1 2026 [5]. - Phase 1 of the Mine Dry refurbishment was completed in October 2025, with Phase 2 currently underway and expected to finish in Q1 2026 [6]. Company Insights - CEO Don Turvey highlighted that the work program at South Crofty is progressing in line with guidance, with significant advancements in both surface and underground activities [7]. - South Crofty is recognized as the highest grade known tin resource not currently in production and is permitted for underground mining and construction of a new processing facility [14].

Core Insights - Cornish Metals Inc. has released its unaudited financial statements and management discussion for the nine months ended September 30, 2025, highlighting significant advancements in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, an increase from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Net cash used in operating activities was CAD 9.06 million, up from CAD 4.02 million in 2024 [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million in 2024, primarily due to a successful fundraising effort [4][8]. Project Development - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. - Significant progress has been made in mine dewatering and shaft refurbishment, with work reaching approximately 360 meters below the surface [2]. Strategic Initiatives - A strategic fundraising effort totaling £57.4 million was completed, with major investments from National Wealth Fund Limited and Vision Blue Resources Limited [2]. - The company is advancing towards a formal final investment decision for the South Crofty project in 2026, aiming for first tin production by mid-2028 [3]. - Senior management has been strengthened with key appointments to enhance project and operational capabilities [2]. Sustainability and Community Engagement - Cornish Metals published its inaugural sustainability report, receiving an overall sustainability rating of "A" from Digbee, reflecting its commitment to governance, social responsibility, and environmental stewardship [5]. - The South Crofty project is positioned to generate over 300 direct jobs and benefits from strong local and governmental support [8].

Core Insights - Cornish Metals Inc. has released its unaudited financial statements for the nine months ended September 30, 2025, highlighting significant developments in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, up from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million, primarily due to a successful fundraising effort [4][7]. Project Developments - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. Strategic Initiatives - A strategic fundraising effort raised £57.4 million, with significant investments from National Wealth Fund Limited and Vision Blue Resources Limited, aimed at de-risking the South Crofty project [2]. - Key long-lead item orders have been placed for production and service winders at the South Crofty site, indicating progress in project execution [2]. Management and Operations - The company has strengthened its project and operations teams with the appointment of experienced professionals, including a new General Manager and Project Director [5]. - Ongoing work includes mine dewatering and refurbishment of the NCK shaft, with significant progress reported in stabilizing the underground chamber [2][3]. Market Position and Outlook - The South Crofty tin project is positioned to potentially become the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. - The company aims to advance towards a formal final investment decision in 2026, with expectations of first tin production by mid-2028 [3][6].