Panther Minerals Begins Exploration on East Brouillan Copper Property and Announces Agreement to Acquire Rubidium Ridge Lithium-Tantalum Property
Vancouver, British Columbia — February 19, 2026 — Leads & Copy —
Panther Minerals Inc. (CSE:PURR) (OTCQB:GLIOF) (FWB:2BC), a North American mineral acquisition and exploration company, has announced the start of exploration on its East Brouillan Copper Property (EB Property).
The EB Property includes 14 claims, covering about 778 hectares in the northern part of the Abitibi greenstone belt of Quebec, adjacent to the Brouillan tonalitic batholite.
The exploration aims to generate information for area reduction and VMS mineralization potential targeting. The program includes regional prospecting, airborne geophysics, and regional soil sampling.
Prospecting is designed to identify outcrops and sampling opportunities, while geophysics will build on recent drone magnetic and VLF surveys to assess targets at depth. The local-scale program includes geological mapping of geophysical target zones and local geochemical soil sampling to assess mineralization potential.
Exploration will focus on three targets:
West: Two NW-SE electromagnetic conductors correlated with N-S high magnetic anomalies associated with a structural feature and volcanics and diabase dykes contact zones.
East: Several NW-SE electromagnetic conductors correlated with low to moderate magnetic anomalies associated with lithological contacts.
North: Several NW-SE electromagnetic conductors correlated with low magnetic anomalies associated with tonalite-diorite contact zones.
The company will provide updates throughout the field season.
Panther Minerals also announced it has entered into an arm’s length sale and purchase agreement dated February 18, 2026, to purchase a 100% interest in the Rubidium Ridge Lithium-Tantalum property (RR Property) from Usha Resources Ltd. (TSXV:USHA).
The RR Property consists of 110 claims located about 180 kilometers west of Thunder Bay. Usha’s exploration work has identified beryl and Nb-Ta oxides over approximately 2 km strike length.
Fractionation indicators suggest the dykes have reached spodumene-type degrees of fractionation. Results also indicate Li, Cs, and Rb elevations in the metasedimentary host rocks around the beryl-type pegmatites, with up to 450 ppm Li returned in the metasedimentary rocks adjacent to the largest of the beryl-type dykes.
Grab samples from Bingo pegmatite outcrops illustrate elevated grades for Cs, Ga, Li, Nb, Rb and Ta as high as 956 ppm, 228 ppm, 724 ppm, 1,088ppm, 4,100 ppm and 557 ppm, respectively.
Under the agreement, Panther Minerals will acquire its 100% interest in the RR Property by paying Usha $80,000 cash and issuing 4,500,000 common shares. The RR Property is subject to a 2% net smelter returns royalty with a 1% buyback for $1,000,000 and a right of first refusal on the remaining 1% of the NSR.
The Consideration Shares will be subject to a six-month voluntary escrow period. The Proposed Transaction is subject to receipt of all necessary regulatory approvals, including filings with the Canadian Securities Exchange (CSE), completion of due diligence, and the publishing of a technical report for the RR Property.
Mr. Babak V. Azar, P.Geo., an independent consultant and qualified person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.
Panther Minerals Inc. is focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential.
Panther Minerals trades on the CSE under the symbol PURR, the OTCQB under the symbol GLIOF and in FWB under the symbol 2BC.
Source: Panther Minerals Inc.
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