QGold Reports Results from Its Drilling Campaigns at Its Mine Centre Gold ProjectPresented are results of the June and November 2025 drilling campaigns, including 36 g/t on the vowel vein TORONTO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) ("QGold" or the "Company") is pleased to announce the results of its first and second diamond drilling campaigns of 2025 at its Mine Centre gold project in northwestern Ontario (Fig. 1). Highlights: Hole Q25_28 intersected 36.7 g/t Au over 0.5 m from 48.0m to 48.5mHole Q25_31 returned 8.1 g/t Au over 0.7m from 188.0m to 188.7m and 3.9 g/t Au over 0.5m from 138.6m to 139.1mHole Q25_32 showed an average of approximately 1.0 g/t Au over a broader interval of 1.7m from 211.1m to 212.8m. An additional interval of ~1.0 g/t Au over 0.9m from 214.8m to 215.7m was also intersected The Mine Centre gold project is located in the Quetico region of northwestern Ontario, in proximity to the producing Rainy River mine (New Gold) and Hammond Reef development project (Agnico Eagle, Fig. 3). This drilling campaign targeted high-grade auriferous quartz veins previously drilled in the vicinity of the historic Foley Gold Mine shaft, where historical mining activity in the 1980s reported grades of approximately 15 g/t gold (one-half ounce per ton). The drilling program aimed at extending the known strike length and vertical extent of gold-bearing veins identified in previous drilling campaigns, advancing the project toward establishing a maiden NI 43-101 (defined below) compliant mineral resource estimate. The Company initiated its 2025 exploration strategy, targeting the historic Foley Gold Mine and adjacent vein systems, by drilling an initial six diamond drill holes, followed up by another four drillholes within the Mine Centre property. This second drilling campaign in 2025 has continued to show successful results, continuing from QGold's 2021 and 2022 drilling programs, as well as the first 2025 drilling program completed earlier in the year. The current program objectives include: Following up on high-grade vein intersections from previous campaignsExtending the strike length and vertical extent of mineralised zonesIdentifying and testing additional vein targets within the Mine Centre propertyAdvancing data collection towards establishing a maiden NI 43-101-compliant mineral resource estimate QGold’s exploration team in conjunction with mineral exploration company, Critical Discoveries, has overseen all technical aspects of the program, including core logging, sampling protocols, and sample submission to certified assay laboratories that are independent from the Company. Rodren Drilling of Winnipeg, Manitoba was again engaged as the drilling contractor. "We are very pleased with the results of our last drilling campaign at Mine Centre," commented Andy Rompel, Vice President of Exploration and COO of QGold. "The occurrence of a highly frequent stockwork of veins carrying grade, along with the frequency of numerous identified veins on the property as opposed to the thicker veins, could lead to a shift in thinking about the mining method. Similar to other mines and development projects along the Quetico Greenstone belt and similar to operating open pits along the Cadillac Break Greenstone belt in the Abitibi, an open pit scenario might be an alternative to underground mining, pursuing thicker veins. The 2026 spring and summer exploration campaign for 2026 is expected to focus on mapping all vein occurrences on the property and testing these for gold contents and drilling the resulting targets.” Hole Q25_28 returned the highest-grade intercept of the program, with 36.7 g/t Au over 0.5m from 48.0m to 48.5m (Fig. 2). This interval corresponds to identified visible gold within a 2cm wide quartz carbonate stringer at 48.3m, which contained three fine-grained visible gold specks. Associated mineralization includes trace to 1% pyrite, chalcopyrite, and galena. Hole Q25_31 returned two notable intercepts: 3.9 g/t Au over 0.5m from 138.6m to 139.1m, and 8.1 g/t Au over 0.7m from 188.0m to 188.7m. The 3.9 g/t Au interval at 138.6m corresponds to a 1cm-wide, low-alpha quartz-carbonate stringer containing ~0.5% sphalerite, trace pyrite, and trace galena. The 8.1 g/t Au interval at 188.0m corresponds to identified visible gold within a 12cm-wide vein. One very fine-grained gold speck was observed at the vein margin, with ~0.5% fine-grained pyrite at the margins and trace fine-grained sphalerite locally throughout the vein. Highlights from hole Q25_32 include an average of approximately 1.0 g/t Au over a broader interval of 1.7m from 211.1m to 212.8m. This interval corresponds to multiple quartz carb stringers, up to 4cm wide, within a fault-controlled zone. The stringers exhibit low-alpha textures with trace to 0.5% pyrite at or within vein margins. Five very fine-grained visible gold specks were identified within 1 cm-wide quartz carbonate s