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Omineca Mining Provides Update on Wingdam Project

SASKATOON, SK — February 19, 2026 — Leads & Copy — Omineca Mining and Metals Ltd. (TSXV: OMM) has provided an operational update on its Wingdam underground paleoplacer project in the Cariboo Mining District, south-central British Columbia.

The company’s mining contractor, D&L Mining, has recommenced tunnelling and placer recovery operations at crosscut 3A following the year-end holiday break. According to the company, additional time was given to tunneling through a fault zone at the channel periphery, however modified grout formulations and spiling patterns were successfully implemented allowing operations to return to standard tunnelling and excavation procedures.

D&L anticipates that tunnelling and excavation will now proceed at an increased pace within the more competent compacted sand and gravel of the channel interior after safely managing the faulted ground conditions.

Pay gravels excavated from the initial advance into the channel interior have yielded increasing amounts of placer gold and nuggets compared to the earlier bedrock contact zone, Omineca said. (see news release dated December 5, 2025)

Placer gold recoveries will be fully tabulated, subject to quality assurance and quality control by a Qualified Person, and reported as the crosscut makes its way through the central main placer gold target and through to the opposite side of the channel, according to the company.

Omineca also stated that, separate from the underground placer project, approximately 3,500 meters of core from 6 holes drilled during the 2025 winter drill program has been logged, split and samples sent in for assay. Results will be reported once they are received with a drill program to be designed to follow up on these results.

Omineca Mining and Metals Ltd.’s Wingdam gold exploration and placer recovery projects are located along the Barkerville Highway 45 km east of the City of Quesnel. The Wingdam Property includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear kilometers of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. Omineca also has an exploration and diamond drill program currently underway exploring for the potential multiple hard rock sources of the placer gold at Wingdam.

More pictures and videos available here: More Videos and Photos Link

All scientific and technical information in this news release has been prepared by, or approved by Stephen Kocsis, P.Geo. Mr. Kocsis is an independent qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Source: Omineca Mining and Metals Ltd.

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