Kestrel Gold Reports 2025 Diamond Drill Results from its 100% owned QCM Gold Property, British Columbia (Pursuant to Option to earn in Agreement with Centerra Gold) with Grades reporting up to 72 metres of 0.60 g/t Gold on the Main Zone and 22.35 metres of 0.66 g/t Gold on the 14 VeinCALGARY, AB / ACCESS Newswire / February 10, 2026 / Kestrel Gold Inc. ("Kestrel"), (TSXV:KGC) is pleased to announce results from the 2025 diamond drilling program completed on the "Main Zone" and "14 Vein" zones at its 100%-owned QCM Gold Property, located in the Manson-Germansen area, approximately 240 kilometres northwest of Prince George, British Columbia, Canada.Highlights include:Main Zone - diamond drill intersections up to 93.94 metres of 0.501 g/t Au (drill hole QCM25-036).Known extents of gold mineralization at Main Zone successfully expanded to approximately 500 metres along strike, by 200 metres width and approximately 270 metres vertical depth.Initial bottle roll tests of eight Main Zone samples show >90% recovery in 24 hours for all samples.14 Vein - diamond drill intersections up to 33.84 metres of 0.412 g/t Au (drill hole QCM25-019).Known extents of gold mineralization at 14 Vein successfully expanded to approximately 300 metres along strike, by 20 metres width and approximately 60 metres vertical depth.Visible gold encountered in Main Zone holes QCM25-006 (125.72 m depth) and QCM25-035 (362.21 m depth), and in 14 Vein hole QCM25-030 (104.3 m depth).Exploration at the QCM Gold Property is being conducted by Centerra Gold Inc. ("Centerra", TSX: CG or NYSE: CGAU) pursuant to an option agreement under which Centerra may earn up to a 75% interest in the QCM project. Centerra is required to make aggregate cash payments of $900,000 to Kestrel Gold Inc. and complete $6.5 million in exploration expenditures, including a minimum of 13,500 metres of drilling, by May 7, 2029.Pat Lynch, President and CEO of Kestrel, states: "We are strongly encouraged by the potential for QCM to host significant mineralization in both Main Zone and 14 Vein and Centerra's continued project evaluation to pursue the full earn-in Option agreement. The 2025 results extending Main Zone to a 500 metre strike length, open to the north, northwest and down dip are particularly encouraging. The 2025 results for 14 Vein are the first extensive drilling completed and hold strong evidence for parallel zones and to increase extents in future testing. The early stage >90% gold recovery tests demonstrated in 24-hour bottle roll tests suggest the gold is easily liberated and we look forward to further testing."During the 2025 field season Centerra, the project operator, was responsible for planning and execution, completing 9,110.5 metres of diamond drilling in 36 drill holes. At Main Zone, 22 diamond drill holes were completed for 6,305.5 metres and at 14 Vein, 14 diamond drill holes were completed for 2,805.00 metres.Table 1. 2025 Diamond Drill Collars - all Drill holes Main Zone and 14 VeinHole IDZoneEast (NAD83)North (NAD83)Elev. (m)Azimuth (Deg.)Dip (Deg.)DEPTH (m)QCM-25-001Main Zone4000326172606117157.0-49.8245.00QCM-25-002Main Zone3999576172671116353.5-50.1242.00QCM-25-003Main Zone3997756172593119290.0-60.0407.00QCM-25-004Main Zone399772617259011922.6-45.5404.00QCM-25-005Main Zone399951617245312353.7-46.8378.50QCM-25-006Main Zone3999536172455123589.9-45.4330.00QCM-25-007Main Zone40034361720291109358.2-50.4192.00QCM-25-008Main Zone4003446172030110988.5-60.4201.00QCM-25-009Main Zone40019561721841136358.4-45.3255.00QCM-25-010Main Zone40027061722871169357.0-50.5252.00QCM-25-011Main Zone4003196171920108687.8-59.8300.00QCM-25-012Main Zone400464617194111020.2-59.9282.00QCM-25-013Main Zone4001406172584115353.2-59.6201.00QCM-25-014Main Zone3997486172728114738.6-44.7231.00QCM-25-015Main Zone3996506172725115140.0-45.0276.00QCM-25-016Main Zone3995886172835112738.7-45.1255.00QCM-25-01714 Vein3961666179106108543.1-44.9201.00QCM-25-01814 Vein3959686179272107742.5-45.1175.00QCM-25-01914 Vein3960426179348107643.8-45.1175.00QCM-25-02014 Vein3959706179400105645.0-45.0177.00QCM-25-02114 Vein3959696179399105544.6-79.8174.00QCM-25-02214 Vein3962176179376108143.3-44.5150.00QCM-25-02314 Vein3962396179313107844.9-44.9116.00QCM-25-02414 Vein3962186178931108244.5-39.8201.00QCM-25-02514 Vein3959316179235107343.3-46.5300.00QCM-25-02614 Vein3959316179235107343.7-62.7325.00QCM-25-02714 Vein3959086179319107343.3-45.3175.00QCM-25-02814 Vein3958996179484101445.2-70.3225.00QCM-25-02914 Vein3958986179484101343.3-44.7195.00QCM-25-03014 Vein395896617994996044.4-43.4216.00QCM-25-031Main Zone3997776172592119243.5-46.3306.00QCM-25-032Main Zone3999266172350120084.0-46.4372.00QCM-25-033Main Zone4000546172356120484.5-46.0261.00QCM-25-034Main Zone3997606172500121088.0-60.3363.00QCM-25-035Main Zone3996336172562121544.4-45.5402.00QCM-25-036Main Zone4001546172439117845.3-59.9150.00Drill hole results for the drill holes QCM-25-001, 003 to 008, 010 and 014 were previously reported in the news release