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Vancouver, British Columbia, February 12th, 2026 TheNewswire — Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF | OTCQB: PMOMF) is pleased to announce that it has received formal permit approval from the U.S. Forest Service to proceed with its fully funded drill program at the Company’s historic Silver King Mine project located in Arizona’s prolific Copper Belt.

The approved permit authorizes drilling from multiple drill pads in the area of the historic mine designed to test the upper part of the Silver King mineralized body that was mined on nine levels over about 300 meters depth (Fig. 1).

Additional high-priority targets identified through recent exploration work can also be tested with some of the planned drill locations. Testing of other targets on private ground is being considered. Mobilization on site is scheduled for February 20th followed by preparatory site work and access improvements followed by drilling.

Dr. Craig Gibson, Chief Exploration Officer of Prismo Metals, commented: ‘Receiving approval for drilling at Silver King is a key milestone as we transition from surface exploration into active testing of the system. With funding in place for multiple phases of drilling, we are well positioned to evaluate the significant exploration potential of this historic, high-grade silver system.’

Alain Lambert, CEO of Prismo commented: ‘Following a very smooth permitting process with Forest Service, we are now ready to conduct the first ever comprehensive drill program at Silver King. Our exploration work to date has attracted the attention of many given the results we have published and our proximity (3.4 km) to Resolution Copper, a Rio Tinto/BHP joint venture. I expect the drilling program to heighten attention.’

Phase 1 Drill Program Highlights:

  • Fully funded program 

  • 1,000 meters of diamond drilling to test the upper portion of the steeply plunging, pipe-like Silver King mineralized body 

  • Mobilization to Silver King Project scheduled for February 20th, 2026 

  • Additional drilling to test lower down in the mineralized structure and mineralized areas adjacent to the historic mine may also be completed 


Click Image To View Full Size

Fig. 1.  Permitted drill sites planned for initial Phase I drilling at the Silver King mine shown by white dots.  The orange line indicates the approximate location of the cross section in Fig. 2.  View looking south-easterly.

Drilling will initially focus on testing the upper portion of the steeply west-dipping pipelike stockwork and breccia zone that historically produced high-grade silver and base metals (Fig. 2), as well as targets adjacent to and beneath historic workings. Initial drilling is estimated at 1000 meters in nine holes.  A second phase of drilling will be dedicated to testing at deeper levels and areas adjacent to the historic mine.

Dr. Gibson, added: ‘We are pleased to engage Godbe Drilling, a highly respected contractor with substantial experience in Arizona and a staging area near the project. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body, as well as potential mineralization adjacent to the dense stockwork zones that were the focus of historic mining.’

Drilling Contractor Engagement

Prismo has engaged Godbe Drilling LLC to conduct this Phase 1 drilling program. Godbe Drilling LLC is a Colorado-based family-owned diamond core drilling and mineral exploration business with extensive operating experience in the southwestern United States, including Arizona.

 

Fig. 2.  Cross section through Silver King mine showing workings and first four planned drill holes.

 

Silver King Project Overview

The Silver King mine was discovered in 1875 and is one of Arizona’s most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production. Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, suggesting that high-grade mineralization remains within the system. The project is located within the same geological framework as other world-class deposits in the Arizona Copper Belt, and its proximity to active mining operations enhances its strategic significance.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

 

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

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

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends’ or anticipates‘, or variations of such words and phrases or statements that certain actions, events or results may’, could’, should’, would’ or occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; and the intended use of any proceeds raised under recent financings.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) under the Companys issuer profile.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Second Tranche as currently anticipated and on the timeline currently expected.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward- looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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 and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on high-potential projects in the Eeyou Istchee James Bay region. Its flagship Cheechoo gold project ranks among the largest in the province by resource size and benefits from favourable geology, near-surface mineralization, and existing infrastructure, including road access, power lines, and proximity to the Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion, and technical studies, aiming to progress the project toward a Preliminary Economic Assessment (PEA).

In December 2025, Sirios completed a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction integrates Sirios into the Osisko development ecosystem, strengthening the leadership team with proven mine-building and capital markets expertise while maintaining the company’s deep geological knowledge of the James Bay region.

With over 30 years of continuous exploration in James Bay and strong partnerships with local and Indigenous communities, Sirios is well-positioned to create value through disciplined project advancement and exploration-driven growth. The company’s combination of experience, strategic assets, and community engagement underpins its long-term growth strategy.

Company Highlights

  • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
  • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
  • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
  • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets
  • Well-funded with recent treasury additions, supporting advancement of Cheechoo toward a preliminary economic assessment (PEA) and ongoing exploration across the portfolio

This Sirios Resources profile is part of a paid investor education campaign.*

Click here to connect with Sirios Resources (TSXV:SOI) to receive an Investor Presentation

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CORTINA D’AMPEZZO, Italy — A Ukrainian skeleton athlete has been kicked out of the Milano Cortina Olympics for insisting on wearing a helmet honoring fellow athletes killed in Russia’s unprovoked invasion of his country.

The International Olympic Committee announced the decision on Thursday, Feb. 12, after Vladyslav Heraskevych met with IOC president Kirsty Coventry before the start of the skeleton competition.

‘The IOC was very keen for Mr Heraskevych to compete,’ the IOC said in a statement. ‘This is why the IOC sat down with him to look for the most respectful way to address his desire to remember his fellow athletes who have lost their lives following Russia’s invasion of Ukraine. The essence of this case is not about the message, it is about where he wanted to express it.’

Heraskevych said he will appeal the IOC’s decision to the Court of Arbitration for Sport.

‘It’s hard to say or put into words. It’s emptiness,” he told reporters outside the sliding center.

Heraskevych’s helmet has images of more than 20 athletes and coaches killed since Russia invaded Ukraine almost four years ago. They include figure skater Dmytro Sharpar, who competed with Heraskevych during the 2016 Winter Youth Olympics

The IOC says the helmet violates its rules against making political statements on the field of play, and said it offered Heraskevych alternatives, including wearing a black armband or a black ribbon. It also said Heraskevych could carry the helmet with him in the mixed zone after he was done competing.

But Heraskevych has rebuffed the options, saying his helmet is not a political statement.

‘This is price of our dignity,’ he said in a post on X after the IOC’s decision.

Heraskevych had seemed to anticipate the IOC’s decision in a post Wednesday night thanking people for their support. 

‘For me, the sacrifice of the people depicted on the helmet means more than any medal ever could – because they gave the most precious thing they had,’ he wrote.

This is not the first time Heraskevych has used his Olympic platform to protest Russia’s aggression toward his country. He displayed a small sign with ‘No war in Ukraine’ after his final run at the 2022 Olympics in Beijing.

Russia invaded Ukraine two weeks later.

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Bobsled, one of the oldest sports at the Winter Olympics, returns to the 2026 Milano Cortina Games and will showcase athletes with nerves of steel as they steer a high-tech sled down a fast, icy track with multiple turns.

Veteran U.S. bobsledders Kaillie Humphries and Elana Meyers Taylor are set to make their fifth appearance at the Winter Games and are heavy favorites to podium. Humphries and Meyers Taylor finished first and second respectively in the inaugural women’s monobob event at the 2022 Beijing Winter Olympics.

Bobsled includes a total of four events, which will be contested at the Cortina Sliding Centre in Cortina d’Ampezzo.

When did bobsled become a Winter Olympic sport?

Bobsled has been part of the Winter Olympics since the inaugural 1924 Chamonix Winter Games, although it wasn’t contested in Squaw Valley in 1960 to cut down expenses by not building a bobsled track. The two-man event was added to the program at the 1932 Lake Placid Winter Games and the two-woman race made its Olympic debut in Salt Lake in 2002. The Olympic women’s monobob was first held at the 2022 Games in Beijing.

How does Olympic bobsled work?

Each sled has one driver, while others push the sled from the starting gate before jumping into the back of the sled for the rest of the ride. Bobsled events each last two days, with two runs each day. The fastest combined time determines the winner. Men and women each compete in their own events:

Men

  • 4-man bobsled: One driver and three pushers in each sled
  • 2-man bobsled: One driver and one pusher in each sled

Women

  • 2-women bobsled: One driver and one pusher in each sled
  • Monobob: One driver, no pushers

Top Team USA athletes

  • Kaillie Humphries: The 40-year-old pilot won gold for the U.S. in monobob at the 2022 Beijing Games and also won gold in two-man in 2014 and 2010 while representing Canada. She joined short-track speedskater Viktor Ahn as the only Winter Olympians to win gold for different countries. Milano Cortina marks her fifth Games and first as a mother after giving birth to son Aulden in June 2024.
  • Elana Meyers Taylor: The 41-year-old pilot/brakeman enters Milano Cortina, her fifth Winter Games, with five Olympic medals, including three silvers and two bronzes. She earned a silver medal in the inaugural women’s monobob at the 2022 Beijing Winter Olympics and a bronze in the two-woman bobsled race with Sylvia Hoffman to become the most decorated Black athlete in Winter Olympics history.
  • Kaysha Love: The up-and-coming bobsledder won gold in women’s monobob at the 2025 IBSF World Championships. Love, 28, made her Olympic debut at the 2022 Beijing Winter Games, less than two years after beginning bobsled following a track and field career at the University of Nevada, Las Vegas.

International landscape

German bobsledder Francesco Friedrich is in pursuit of a record fifth gold medal. His four gold medals are tied for the most in the sport after winning the two-man and four-man event in Pyeongchang in 2018 and Beijing in 2022. Milano Cortina will mark his fourth Winter Games. Germany’s Laura Nolte is also a top contender after winning gold in the two-woman bobsleigh in 2022 in Beijing.

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  • American ice dancers Madison Chock and Evan Bates won a silver medal at the 2026 Winter Olympics.
  • The husband-and-wife duo fell just short of the gold, which went to a French pair.
  • Chock and Bates are undecided about their future in the sport following their fourth Olympic appearance.
  • The pair expressed pride in their performance, calling it their ‘gold medal performance’ despite the results.

MILAN  — Madison Chock and Evan Bates are undecided on their future after the American husband-and-wife duo won silver in ice dance at the 2026 Winter Olympics, falling 1.43 points short of gold-medal winners Laurence Fournier Beaudry and Guillaume Cizeron of France despite turning in a season-best free skate.

When asked if this was their last dance, Bates candidly said, ‘I’m not sure.’

‘We’ve got a lot to be proud of and a lot to be grateful for because we’ve had an incredible career,’ added Chock. ‘Sometimes that’s just how it shakes out. This is this story for us and I wouldn’t change anything.’

Milano Cortina was widely expected to be Chock and Bates’ fourth and final Games. Although the couple didn’t implicitly state they would retire afterwards, Bates said they ‘put all of our effort and emphasis to peak at this event.’

‘Immediately right now it’s really hard to say what the career plans will be, but TBD,’ Bates added. 

Chock and Bates fell short of the ice dance podium at the 2022 Beijing Winter Olympics with a fourth-place finish, but helped USA win gold in the team event. The pair won three consecutive world championships leading up to the Winter Games and performed both the rhythm and free dance portion of the team event here to help Team USA clinch its second consecutive gold.

All that was missing from their resume was an Olympic medal in ice dance. Chock and Bates turned in a season-best 134.67 in their matador-themed free skate for a total score of 224.39. After their performance, Bates fell to his knees and pounded the ice before sharing a long embrace with his wife. But they had to settle for silver after Beaudry and Cizeron posted a total score of 225.82.

‘It was our gold medal performance. It was the best that we could skate,’ Bates said. ‘It was a personal best score. It was a fourth performance over six days. It took a lot of mental strength and discipline to be locked in and to continue to go out and skate well and we did everything that we could.’

Chock, 33, described the silver-medal win as ‘bittersweet’ as she fought back tears. When asked about being unfairly judged, she said they ‘put out our very best skates every time we took Olympic ice.’

‘All four performances we had here at the Olympics, we’re very proud of. They were flawless for us,’ she reiterated. ‘We couldn’t have skated any better and we’re super proud with how we took the ice, how we handled ourselves every time, and the rest is out of our hands. ‘

Bates, who turns 37 on Feb. 23, said the couple would need time to process the results and reflect on the experience before making any decisions.

‘When things settle we’ll be super proud and look back on our time here and be happy with everything that was up to us,’ he added. ‘We really did our best.’

Only one figure skating duo has competed in five different Games together in Olympic history — Margarita Drobiazko and Povilas Vanagas of Lithuania competed in the 1992, 1994 , 1998, 2002 and 2006 Games. 

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MILAN — Madison Chock took a long pause to gather her thoughts. Her eyes already red, and tears on the verge of flowing again.

With the lights at their brightest, they gave the performance of a lifetime. Ice dance gold was on the line, and what transpired over four minutes on the ice indicated it was in sight. After falling short so many times, Chock and Evan Bates weren’t going to be denied from reaching figure skating immortality.

When the dust settled, they had done it. Chock and Bates finally won a Winter Olympic ice dance medal. 

Just one thing: it wasn’t gold. 

In a result that has sent shockwaves through the figure skating world, one of the most decorated U.S. duos was upset, taking silver as the controversial French team of Laurence Fournier Beaudry and Guillaume Cizeron were crowned Olympic champions.

In the immediate aftermath, Chock and Bates stayed stoic. They smiled and waved when their name was called as the second-place team. They smiled with their fellow medalists for a picture. They carried the U.S. flag around the ice with pride, sending love to the crowd.

The husband-and-wife tried to keep it together, but eventually, as they went away from the crowd, the emotions couldn’t be held back any longer. 

More than an hour after the results were finalized, Chock and Bates were still trying to grasp the result. It was two days ago when Bates said the goal was gold, but it wouldn’t be a failure if they weren’t at the top of the podium.

Yet after their second-place finish, it felt like the ultimate let down.

“It’s definitely a little bittersweet,” Chock said with tissues in hand. 

Most figure skating fans – and even the casual viewer – would argue Chock and Bates outperformed Beaudry and Cizeron. Even though the French team started the night in first place, only .46 separated them in the standings. The slightest advantage could help the Americans leap over them.

It was done with a free dance that has captivated audiences every single time it was performed. Chock and Bates brought the fire and intensity with their matadora and bull story, and most importantly, skated clean. 

Like so many times before, they achieved a season-best score of 134.67. In their eyes, they secured what they set out to get. 

Chock went on to say how happy they were with their performance, trying to speak through the tears that started to flow. Neither of them said it, but there was a real belief the competition was decided by the time their performance was done.

‘It was our gold medal performance,” Bates said. ‘It was the best that we could skate.”

Yet, there were still the leaders going into the night. Beaudry and Cizeron did exceptionally well, but it didn’t feel as clean as it needed to be. It definitely wasn’t obvious or a given they would keep the lead. The crowd collectively stilled waiting for the results.

The judges thought the opposite. The French score was .97 better, finishing with a victory margin of 1.43.

You couldn’t have asked for more from Chock and Bates, who had a chaotic schedule of four performances in six days. It took so much physical and mental work to go through such a rigorous grind, and they still found a way to collect a medal.

Even with a literal silver lining, they struggled to find the happiness in finally crossing off that Olympic achievement. There are plenty of people who feel like Chock and Bates, who have been the face of American ice dance for nearly a decade, were robbed, with teammates vouching for the symbolic mom and dad of Team USA.

‘It’s disappointing to me that they didn’t get the gold,’ said fellow U.S. ice dancer Emilea Zingas, who finished fifth with partner Vadym Kolesnik.

It’s going to take some time to process the result for Chock and Bates.

“There’s so many emotions that come through after a week like this,” Bates said. “I think when things settle, we’ll be super proud and look back on our time here and be happy with everything that was up to us. We really did our best.”

The night was building toward a coronation where Chock and Bates would cement themselves as one of the most successful ice dance pairs to grace the ice. They still did that, even if it wasn’t with a gold medal. Neither have said this is the end of the line for their Olympic careers, Chock being 33 and Bates nearly 37, but it very well could be.

‘I wouldn’t change anything about how we approached each performance. What we delivered in each performance, we really gave it our best,” Chock said. ‘Sometimes that’s just how it shakes out. This is the story for us, and I wouldn’t change anything.”

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LIVIGNO, Italy — You haven’t seen anything yet.

That was Alessandro Barbieri’s message after the 17-year-old American finished fourth in the Olympic men’s halfpipe qualifier on Feb. 11 at Livigno Snow Park.

Barbieri, the highest finisher of the three Americans who advanced into the 12-man final on Feb. 13, posted an 88.50 on the third overall run of the competition. Though he’d ultimately finish behind Australian star Scotty James (94) and Japan’s Yuto Totuska (91.25) and Ryusei Yamada (90.25), it was a highly encouraging Olympics debut for the confident youngster from Portland, Oregon.

And get this:

‘What I really have in my head is a 10. That was more like a six,’ Barbieri said. ‘I have a lot more in the tank. … I kind of expect myself to be near the top after all this hard work I’ve put. I’m pleased, but not too shocked.’

On a second run that set up more as a practice run, Barbieri suffered an odd fall, slipping after landing a trick and setting up for the next.

Barbieri’s big Olympic debut in Livigno happening in front of snowboarding legend Shaun White, who pointed to Barbieri as one to watch in these Games.

‘We need another guy like Shaun,’ Barbieri said. ‘We have really good snowboarders. Obviously, no one to the level of Shaun and his dominance. But we need the U.S. back on the podium or even on the top step.

Barbieri will be joined in the final by American teammates Chase Josey and Jake Pates, who finished 11th and 12th, making them the final two riders to advance out of the 25-man qualifying event after a tense wait until the finish line.

Josey, 30, fell on his second run after earning a 76.50 score on an initial run that was based largely on execution – he grabbed the board mid-air through his legs at one point – than high-flying acrobatics.

‘Those are the little things that the judges look for,’ Josey said, ‘and that’s what I’ve got to do to compete with some of these Japanese guys who are doing triples and really at the top of the game. I’m fighting for this opportunity to be in the finals, but it’s nice to see that run get rewarded.’

Pates, 27, fell on his first run and responded with a clutch performance, scoring 75.50 when he needed to exceed a 74 to move into 12th place, placing him right on the cut line.

From there, he and Josey each had to wait out nine more competitors.

‘When I was put into 12th. I had a crazy level of anxiety kind of come over me,’ Pates said with a laugh. ‘I’m just excited to be here and to be a part of this.’

A fourth Team USA rider in the field, Chase Blackwell, scored a 69 and finished 15th.

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(TheNewswire)

  

February 10, 2026 TheNewswire – Vancouver, British Columbia, Canada – JZR Gold Inc. (the ‘Company’ or ‘JZR’) (TSX-V: JZR) today announces that subject to applicable shareholder and TSX Venture Exchange approvals, the Board of Directors of the Company has approved the amendment of an aggregate of 725,000 incentive stock options (the ‘Amended Options’) previously granted to certain directors, officers, employees and consultants of the Company under the Company’s Equity Incentive Plan (the ‘Option Amendments’). Pursuant to the Option Amendments, the expiry date has been extended to February 12, 2031, with no change to the exercise price.

  

For further information, please contact:

 

Robert Klenk

Chief Executive Officer

E: rob@jazzresources.ca
T: 604.329.9092

 

Forward-Looking Statements

 

This news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future.  Forward-looking statements in this news release include statements with respect to the anticipated use of proceeds from the exercise of the Warrants.  Forward-looking information reflects the expectations or beliefs of management of the Company based on information currently available to it.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.  These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mineral exploration industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks related to inaccurate geological and engineering assumptions; risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with the specifications or expectations, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action and unanticipated events related to health, safety and environmental matters); risks related to adverse weather conditions; geopolitical risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company’s continuous disclosure documents filed with the Canadian securities regulators.  The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement.  The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.

 

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 press release.

 

None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or ‘U.S. persons’ (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce an upsize to its previously announced non-brokered private placement to up to 15,000,000 units (each, a ‘Unit’) at a price of $0.20 per Unit for gross proceeds of up to $3,000,000 (the ‘Offering’). Each Unit will consist of one common share of the Company (each, a ‘Share’) and one-half-of-one share purchase warrant (each whole share purchase warrant, a ‘Warrant’). Each Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.30 for a period of thirty-six months following closing of the Offering, provided that holders will not be permitted to exercise Warrants until 60 days following closing of the Offering.

The Company expects to utilize the proceeds of the Offering for exploration work at the Company’s La Union Gold and Silver Project and North Island Copper Project, and for general working capital purposes.

The Units to be issued under the Offering will be offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the ‘Listed Issuer Financing Exemption‘), in all provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately ‘free-trading’ under applicable Canadian securities laws.

There is an offering document (the ‘Offering Document‘) related to this Offering that can be accessed under the Company’s profile at www.sedarplus.ca and at the Company’s website at https://questcorpmining.ca/. Prospective investors should read this Offering Document before making an investment decision.

In connection with completion of the Offering, the Company may pay finders’ fees to eligible third-parties who have introduced subscribers to the Offering. Completion of the Offering remains subject to receipt of regulatory approvals.

This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.

About Questcorp Mining Inc.

Questcorp Mining Inc. 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 metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

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; closing of the Offering; and filing of the Offering Document. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283532

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(TheNewswire)

    

Drill Hole LBX25-101 — Highlights

  • 1.50 m @ 0.88 g/t Au, 13.60 g/t Ag, 0.24% Cu, 5.61% Zn (159.20 m to 160.70 m) 

    • Including 0.50 m @ 2.06 g/t Au, 31.10 g/t Ag, 0.53% Cu, 12.35% Zn (159.70 m to 160.20 m) 

  • 1.60 m @ 1.16 g/t Au, 10.21 g/t Ag, 0.30% Cu, 4.39% Zn (187.70 m to 189.30 m) 

  • 3.00 m @ 0.97 g/t Au, 4.04 g/t Ag, 0.14% Cu, 2.21% Zn (190.50 m to 193.50 m) 

 

Drill Hole LBX25-102 — Highlights

  • 0.50 m @ 3.89 g/t Au, 38.70 g/t Ag, 0.42% Cu, 5.37% Zn (45.00 m to 45.50 m) 

  • 1.00 m @ 2.04 g/t Au, 0.80 g/t Ag, 0.01% Cu, 0.02% Zn (108.50 m to 109.50 m) 

  • 2.04 m @ 2.63 g/t Au, 2.38 g/t Ag, 0.02% Cu, 0.17% Zn 205.96 m to 208.00 m) 

    • Including 1.00 m @ 5.14 g/t Au, 4.60 g/t Ag, 0.04% Cu, 0.30% Zn (207.00 m to 208.00 m) 

  • 0.50 m @ 2.60 g/t Au, 13.60 g/t Ag, 0.10% Cu, 6.75% Zn (230.30 m to 230.80 m) 

 

Toronto, Ontario – February 11, 2026 TheNewswire – Laurion Mineral Exploration Inc. (TSX-V: LME | OTCQB: LMEFF | FSE: 5YD) (‘LAURION’ or the ‘Company’) reports assay results from drill holes LBX25-101 and LBX25-102 from the Company’s recent Fall diamond drilling program totalling 1,821 metres completed in 8 drill holes at the A-Zone/McLeod/CRK Zone at the Ishkōday Project, located in the Beardmore–Geraldton Greenstone Belt of north-western Ontario, approximately 220 kilometres northeast of Thunder Bay.

Drill holes LBX25-101 and LBX25-102 were planned as part of LAURION’s model-guided A-Zone program to test interpreted mineralized horizons and strengthen continuity across the northeastern portion of the zone. (See Image DDH Cross Section.) The drill holes were positioned to validate structural interpretations and increase confidence in zones where both historical drilling and more recent Company-led drill programs have identified broad anomalous gold mineralization with localized higher-grade intervals. The assay results provide additional technical data that will support the refinement of future targeting and improve predictability for the Company’s subsequent drill campaigns. (See Image of Drill Locations of Fall Diamond Drilling.)

 

‘We are advancing the A-Zone through disciplined, high-confidence drill targeting designed to create measurable project value,’ said Cynthia Le Sueur-Aquin, President and CEO of LAURION. ‘Our objective is to complete drilling that answers specific geological questions, strengthens continuity, and improves predictability — because better technical clarity today supports stronger outcomes tomorrow for our shareholders.’

 

Geological Context

 

Drill hole LBX25-101 is situated approximately 265 m southwest of LBX25-100, with LBX25-102 positioned an additional 335 m southwest, extending drill coverage along the interpreted A-Zone mineralized corridor into a sparsely drilled area. LBX25-101 was established as a step-back collar to test projected mineralized horizons and structural continuity beyond the denser drill grid. Targeting incorporated projected intercept positions from holes LBX22-055, LBX22-056, LBX22-056A, LBX22-057, and historic hole K56 to improve geological and structural constraint across this portion of the zone.

 

Drill hole LBX25-102 was collared adjacent to the access road approximately 1.0 km south of the River Road, located north of the McLeod Zone and southwest of drill hole LBX21-041, to support continued drill coverage along this portion of the interpreted mineralized trend. This collar location enabled efficient drill access while extending geological coverage into a less densely tested portion of the corridor.

 

Hole ID

From

(m)

To

(m)

Core Length (m)

Au (g/t)

Ag (g/t)

Cu (%)

Zn (%)

LBX25-101

7.90

11.80

3.90

0.200

2.88

0.03

0.65

including

7.90

8.60

0.70

0.146

9.80

0.06

2.94

LBX25-101

120.2

120.80

0.60

0.224

4.80

0.12

1.54

LBX25-101

159.20

196.50

37.30

0.209

2.06

0.05

0.87

including

159.20

160.70

1.50

0.883

13.60

0.24

5.61

including

159.70

160.20

0.50

2.060

31.10

0.53

12.35

including

187.70

189.30

1.60

1.159

10.21

0.30

4.39

including

188.20

193.50

5.30

0.872

5.11

0.16

2.53

including

190.50

193.50

3.00

0.971

4.04

0.14

2.21

LBX25-102

45.00

45.50

0.50

3.890

38.70

0.42

5.37

LBX25-102

52.80

53.30

0.50

0.617

3.90

0.03

3.25

LBX25-102

82.90

83.70

0.80

0.511

0.50

0.01

LBX25-102

108.50

109.50

1.00

2.040

0.80

0.01

0.02

LBX25-102

205.96

208.00

2.04

2.630

2.38

0.02

0.17

Including

207.00

208.00

1.00

5.140

4.60

0.04

0.30

LBX25-102

212.00

213.00

1.00

0.339

0.25

0.04

LBX25-102

222.80

223.30

1.20

0.292

9.58

0.02

1.10

including

222.80

223.30

0.50

0.457

20.60

0.03

2.55

LBX25-102

226.00

245.00

19.00

0.355

2.63

0.03

0.58

including

230.30

233.60

3.30

1.114

6.35

0.07

1.78

including

230.30

230.80

0.50

2.600

13.60

0.10

6.75

NOTE: Intervals represent core length. The interval widths reported are down-hole widths. The true widths of the mineralized zones are not known at this time as there is insufficient information to determine the orientation of the mineralization.

 

Name

Elevation

(m)

Azimuth

Dip

Easting

Northing

Depth

(m)

LBX25-101

321

127

-50

446328

5513024

276

LBX25-102

323

115

-50

446200

5512713

300

Total

         

576

 

Sampling and QA/QC Protocols

 

All drill core is transported and stored inside the core facility located at the Ishkōday Project in Greenstone, Ontario. LAURION employs an industry standard system of external standards, blanks and duplicates for all of its sampling, in addition to the QA/QC protocol employed by the laboratory. After logging, core samples were identified and then cut in half along core axis in the same building and then zip tied individually in plastic sample bags with a bar code. Approximately five or six of these individual bags were then stacked into a ‘rice’ white material bag and stored on a skid for final shipment to the laboratory. All core samples were shipped to the ALS facility in Thunder Bay, Ontario, which were then prepared by ALS Global Geochemistry in Thunder Bay and analyzed by ALS Global Analytical Lab in North Vancouver, British Columbia. Samples are processed by 4-acid digestion and analyzed by fire assay on 50 g pulps and ICP-AES (Inductively Coupled Plasma – Atomic Emission Spectroscopy). Over limit analyses are reprocessed with gravimetric finish. A total of 5% blanks and 5% standard are inserted randomly within all samples. 5% of the best assay result pulps were sent for re-assays. All QA/QC were verified, and no contamination or bias have been observed. The remaining half of the core, as well as the unsampled core, is stored in temporary core racks at the core logging facility in Beardmore and moved to the core storage facility at the Ishkōday Project. Note: QA/QC review of standards and duplicates indicates analytical results are reliable. One zinc standard adjacent to a high-grade zinc interval returned elevated values consistent with expected analytical behaviour following high-grade samples.

 

Qualified Person

 

The technical contents of this release were reviewed and approved by Pierre-Jean-Lafleur P. Eng, a consultant to LAURION and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

 

About LAURION Mineral Exploration Inc.

 

Laurion Mineral Exploration Inc. is a mid-stage junior mineral exploration company listed on the TSX Venture Exchange under the symbol LME and on the OTC Pink market under the symbol LMEFF. The Company currently has 278,716,413 common shares outstanding, with approximately 73.6% held by insiders and long-term ‘Friends and Family’ investors, reflecting strong alignment between management, the Board, and shareholders.

 

LAURION’s primary focus is the 100%-owned, district-scale Ishkōday Project, a 57 km² land package hosting gold-rich polymetallic mineralization. The Company is advancing Ishkōday through a disciplined, milestone-driven exploration strategy focused on strengthening geological confidence, defining structural continuity.

 

LAURION’s strategy is centered on deliberate value creation. The Company is prioritizing systematic technical advancement, integrated geological and structural modeling, and the evaluation of optional, non-dilutive pathways, including historical surface stockpile processing, that may support flexibility in LAURION’s exploration plans without diverting the Company’s focus from its core exploration objectives.

 

The Company’s overarching objective is to build project value before monetization, ensuring that any future strategic outcomes are supported by technical clarity, reduced execution risk, and demonstrated scale. While the Board remains attentive to strategic interest that may arise, LAURION is not driven by transaction timing. Instead, the Company is focused on advancing the Ishkōday Project in a manner that strengthens long-term shareholder value.

 

LAURION will continue to communicate updates through timely disclosure and will issue press releases in accordance with applicable securities laws should any material information arise.

 

FOR FURTHER INFORMATION, CONTACT:

Laurion Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

 

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca

Website: http://www.LAURION.ca

Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn ()

  

Caution Regarding Forward-Looking Information

 

This press release contains forward-looking statements, which reflect the Company’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Company’s ability to advance the Ishkōday Project, the nature, focus, timing and potential results of the Company’s exploration, drilling and prospecting activities, including the Company’s diamond drill program referenced in this press release and the Company’s other planned activities for the Ishkōday Project for the remainder of 2026, and the statements regarding the Company’s exploration or consideration of any possible strategic alternatives and transactional opportunities, as well as the potential outcome(s) of this process, the possible impact of any potential transactions referenced herein on the Company or any of its stakeholders, and the ability of the Company to identify and complete any potential acquisitions, mergers, financings or other transactions referenced herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Company’s publicly filed documents. Investors should consult the Company’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Company’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Company disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

           

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