All figures are in United States dollars unless otherwise stated. This news release contains forward-looking information that is subject to risk factors and assumptions as set out in the “Cautionary Note Regarding Forward-Looking Information” below.  TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces its 2025 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves increased 58% year-ove ...

We envision. We deliver. Q4 - FY 2025 Financial and Operational Results Webcast February 19, 2026 NYSE: FSM | TSX: FVI We envision. We deliver. Q4 - FY 2025 Highlights FY 2025 record free cash flow from ongoing operations4 of $330 million Cash Flow & Margins Balance Sheet Strength Delivering Growth Production $704.0 M in liquidity $381.5 M net cash position Safety Cash Cost & AISC Record FCF from Operations1,4 $132.3 M Q3 2025: $73.4 M Operating cash flow before working capital of $147.6 M or $0.48/share2 E ...

Core Viewpoint - OceanaGold Corporation reported its Mineral Reserves and Resources for the year ended December 31, 2025, highlighting significant changes in reserves and resources due to exploration efforts and higher gold prices, with a total of 5.83 million ounces of gold in reserves and 8.63 million ounces in measured and indicated resources [1][2][3]. Group 1: Mineral Reserves - Total Mineral Reserves decreased by 0.39 million ounces from the previous year, primarily due to depletion at Haile and a change in mining method at Ledbetter from open pit to underground, which improved overall asset NPV [1][2]. - The gold price assumption for reserves was increased to $2,200 per ounce, which allowed for new open pit phases at Macraes, extending its mine life to 2032 [1][2]. - The Haile mine is expected to produce an average of 210,000 ounces of gold per year from 2027 through 2031, providing a more sustainable production profile [1][3]. Group 2: Mineral Resources - Total Measured and Indicated Resources decreased by 0.31 million ounces from the prior year, mainly due to mining depletion and the change in mining method at Ledbetter [2][3]. - Inferred Resources increased by 0.3 million ounces, driven by additions at Wharekirauponga Underground and gold price-related open pit expansions at Macraes [2][3]. - The company plans to increase its exploration investment by 50%, with a budget of $60 million for 2026, reflecting its commitment to organic growth in reserves and resources [1][2]. Group 3: Operational Changes - The transition to underground mining at Ledbetter is expected to reduce waste movement and greenhouse gas emissions while improving the NPV of the Haile asset [1][3]. - Updated technical reports for Haile and Macraes will be filed by the end of March 2026, including life-of-mine plans and capital cost estimates based on Mineral Reserves only [1][2]. - The construction of the LUG portal at Haile is scheduled to commence in 2028, with first development ore expected in 2029 and steady-state production anticipated in 2030 [1][3].

NYSE & TSX: AEM The information in this presentation has been prepared as at February 12, 2026. Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" under the provisions of Canadian provincial securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, that address circumstance ...

Agnico Eagle is Canada's largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholder ...

Core Insights - Largo Inc. reported annual production of 9,150 tonnes (20.17 million lbs) of vanadium pentoxide equivalent from its Maracás Menchen Mine in 2025, with sales of 8,686 tonnes, achieving production guidance despite challenges from lower ore grades and new US tariffs [4][5][7] Production and Sales Performance - Q4 2025 V2O5 equivalent production was 2,961 tonnes, a 66.8% increase from Q4 2024, while annual production was slightly lower than 2024's 9,264 tonnes [7][20] - Total ore mined in Q4 2025 was 665,953 tonnes, with an effective ore grade of 0.53% V2O5, higher than the previous year [6][20] - Global recovery rates improved to 80.1% in 2025 from 76.4% in 2024, maintaining 77.9% in Q4 2025 [7][20] Market and Pricing Trends - The average benchmark price per lb of V2O5 in Europe rose to $5.85 in Q4 2025, a 9.55% increase from Q4 2024, while ferrovanadium prices in the US and Europe saw declines of 8.54% and 8.62% respectively [7][20] - Vanadium spot demand remained soft in Q4 2025, primarily due to weaker demand in the Chinese and European steel industries, although the US steel market remained stable [7][20] Future Guidance and Strategic Initiatives - The company expects higher V2O5-equivalent production in Q1 2026 compared to Q1 2025, driven by increased ore availability [9][10] - Largo is focusing on productivity improvements, including mining efficiency and operational enhancements, to stabilize and enhance throughput in 2026 and beyond [10][20] - The company has suspended ilmenite production guidance for 2026 to evaluate the potential for copper and PGM production using existing infrastructure [5][7]

Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin Zone (antimony-gold) at its 100% owned Wabamisk Property in Quebec, Canada, which is recognized as one of the most significant antimony mineralized systems in Canada [1][2]. Drilling Program - The new drilling program aims to deepen the exploration of the Fortin Zone to identify potential gold enrichment associated with a vertical antimony-gold zoning, which has been observed in various deposits globally [3]. - A total of 86 drill holes (12,286 meters) have been completed on the Fortin Zone and surrounding targets since its discovery in 2024, with a distinct gold target being delineated immediately south of Fortin [2]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from Fortin and to assess global demand for such products [4]. Gold Target Evaluation - Significant results obtained since 2024 support a comprehensive reevaluation of the gold potential of the Wabamisk Property, with geophysical work, prospecting, and drilling planned on priority targets [5]. - The second phase of drilling included 35 holes (5,890 meters) with an average spacing of 100 meters, revealing that 29 holes (83%) contain antimony mineralization with grades exceeding 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [6]. Mineralized Body Geometry - The Fortin Zone is at least 1.8 kilometers long, determined by 58 mineralized drill holes, within a broader prospective corridor of 2.4 kilometers [9]. - The mineralized intervals show thicknesses ranging from 5 meters to 50 meters, with an average thickness of approximately 25 meters, and the zone remains open at depth [10]. Geological Context - The antimony-gold mineralized system is associated with a massive hydrothermal alteration zone, suggesting a significant vertical extension of the mineralized unit [11][12]. - The mineralization is characterized by a dense network of quartz veins and is associated with various sulfides, indicating a complex geological environment [13]. Strategic Importance of Antimony - Antimony is classified as a critical mineral by Canadian and U.S. governments, with significant global production concentrated in China, Tajikistan, and Russia [16]. - The volatility in antimony prices due to supply shortages and trade disputes highlights the importance of diversifying supply chains for critical minerals outside of China [16]. Property Overview - The Wabamisk Property, covering 356 square kilometers, is strategically located near other significant mining projects, enhancing its exploration potential [17][18]. - The property is fully owned by Azimut and includes adjacent claims that are primarily explored for lithium, indicating a diversified mineral exploration strategy [17].

Core Viewpoint - Fortuna Mining Corp. has announced updated Mineral Reserves and Resources for the Séguéla Mine, indicating a total of 1.54 million ounces of gold in Mineral Reserves as of December 31, 2025, with significant potential for further growth and expansion in production capacity [1][2][9]. Mineral Reserves - The Séguéla Mine has Proven and Probable Mineral Reserves of 16.0 million tonnes, containing 1.54 million ounces of gold, reflecting a 31% increase in contained gold ounces compared to October 31, 2025 [9]. - Mineral Reserve tonnes increased by 23% and the average gold grade rose by 7% to 3.01 g/t Au during the same period [9]. - The first-time estimation of underground Mineral Reserves at the Sunbird deposit totals 3.5 million tonnes at an average grade of 3.60 g/t Au, containing 401,000 ounces of gold [13]. Mineral Resources - Measured and Indicated Mineral Resource gold ounces, exclusive of Mineral Reserves, decreased by 333,000 ounces due to the application of modifying factors for the estimation of underground Mineral Reserves [9]. - Inferred Resources remained relatively unchanged compared to October 31, 2025 [10]. Production and Expansion Potential - The mine life of Séguéla now exceeds 9 years at current production rates, with exploration drilling indicating further growth potential [2]. - A processing plant expansion study has been initiated, which could increase annual gold production to over 200,000 ounces, with completion expected in Q2 2026 [2][14]. - Current mining rate is 1.75 million tonnes per annum, with plans to expand capacity to between 2.0 and 2.5 million tonnes per year [7][14]. Exploration and Future Growth - Exploration drilling completed in 2025 suggests that mineralization at the Sunbird deposit remains open down plunge and down dip, with an updated estimate planned for Q2 2026 [7]. - Drilling at Kingfisher, Koula, and Ancien deposits shows that mineralization remains open at depth, indicating additional potential for underground mining expansion [7].

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Core Insights - Heliostar Metals Ltd. announced a positive Prefeasibility Study (PFS) for its Cerro del Gallo project, highlighting strong economic metrics and significant expansion potential [1][2] Project Overview - The Cerro del Gallo project has a reserve base of 2.27 million gold equivalent ounces (GEOs) of probable mineral reserves as of July 31, 2025 [3] - The project is designed as a 6 million tonne-per-year open-pit mining operation utilizing conventional methods [6] Economic Analysis - The base case scenario shows a post-tax NPV of US$424 million, an IRR of 33.1%, and a payback period of 2.3 years at a gold price of US$2,300/oz [4][5] - The upside case indicates a post-tax NPV of US$972 million, an IRR of 59.3%, and a payback period of 1.4 years at a gold price of US$3,900/oz [4][12] - Average annual free cash flow is projected at US$47.6 million at a gold price of US$2,300/oz, increasing to US$104.5 million at US$3,900/oz [4][25] Production Metrics - The mine life is estimated at 15.3 years, with an average annual production of approximately 85,700 GEOs [5][8] - The average total cash cost is projected at US$1,252 per GEO, with an all-in sustaining cost (AISC) of US$1,390 per GEO [9][18] Resource Estimates - Indicated resources total 240 million tonnes grading 0.63 g/t AuEq for 4.9 million GEOs, while inferred resources are 24 million tonnes grading 0.52 g/t AuEq for 0.4 million GEOs [4][40] Capital Expenditure - Initial capital expenditure is estimated at US$195.3 million, which includes costs for a heap leach mine and SART plant [4][20] - Total life-of-mine capital costs are projected at US$355.6 million, including US$132 million allocated for reclamation at the end of the mine life [10][21] Next Steps - The company plans to continue technical work, permitting, and community engagement to advance the project to a feasibility level [2][38] - Future drilling will focus on increasing mineral resources and reserves, particularly in areas with high potential for growth [37][36]