Kingman Finalizes 3D Magnetic Model and Engages Altar Drilling for Phase III at Mohave

Rhea-AI Summary

Kingman Minerals (OTCQB: KGSSF) completed a project-scale 3D magnetic vector inversion (MVI) model and engaged Altar Drilling for Phase III at the Mohave Project in Arizona. Phase III comprises seven HQ diamond holes totaling ~815 metres, targeting extensions of the Southwick vein corridor near the Rosebud Mine. Drilling is planned to begin on or about February 25, 2026, subject to final water-use authorization from the Arizona Department of Water Resources. Samples will be processed by Skyline Assayers; technical work overseen by a Qualified Person.

Positive

• 3D MVI model completed outlining NW-trending structural targets
• Altar Drilling engaged for Phase III HQ diamond program
• Phase III: 7 HQ holes totaling ~815 metres

Negative

• Drilling contingent on receipt of Arizona water-use authorization
• Magnetic MVI results are interpretive and do not confirm mineralization

Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Kingman Minerals Ltd. (TSXV: KGS) (OTCQB: KGSSF) (FSE: 47A1) ("Kingman" or the "Company") is pleased to announce that it has completed a project-scale, three-dimensional magnetic vector inversion ("3D MVI") model and has engaged Altar Drilling Inc. ("Altar") to carry out the proposed Phase III diamond drill program for its high-grade gold-silver Mohave Project ("Project") in Arizona.

Figure 1: Three-dimensional magnetic vector inversion (MVI) visualization showing northwest-north-northwest (NW-NNW)-trending magnetic features derived from edge detection of the magnetic data. A 0.4 isosurface of the remanent magnetization component highlights a remanently magnetized NW-trending magnetic feature spatially associated with the mapped vein system.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9368/283803_7cef6b5234e0bb44_001full.jpg

3D Magnetic Vector Inversion ("MVI")

Magnetic data were collected over the Project area in December 2025 using a high-resolution drone-based airborne magnetic ("MAG") survey (see Kingman news release dated November 20, 2025, for additional details).

Subsequently, the Company retained Ohio-based Fathom Geophysics LLC to process the magnetic data and complete the 3D MVI interpretation. Work included staged filtering and inversion steps, including standard magnetic data filtering, two-dimensional structural detection, magnetic vector inversion, three-dimensional structural detection, and integrated structural and lithological interpretations.

Based on this workflow, the 3D MVI model outlines the geometry and orientation of interpreted magnetic lineaments and boundaries across the Mohave Project area, including a population of northwest-trending lineaments broadly parallel to mapped vein orientations. Three-dimensional edge detection of the magnetization-vector amplitude (Figure 1) was used to sharpen these boundaries and help constrain the continuity of the northwest-trending lineaments.

"The 3D magnetic vector inversion highlights a coherent set of northwest-trending magnetic features that align closely with mapped vein structures and the footprint of historic workings at the Rosebud Mine" said Daniel Core, PhD, Principal Geophysicist and Geologist of Fathom Geophysics LLC. "These features define clear structural vectors that can be tested for continuity along strike and at depth within the Phase III target corridor and provide a robust framework for broader exploration targeting at the property scale."

A three-dimensional PDF visualization of the magnetic vector inversion model around the Rosebud Mine claims is available on the Company's website for reference.

Phase III Drill Contractor Engagement

Kingman has engaged Tucson-based Altar Drilling Inc. to complete the Company's Phase III HQ diamond drill program at Mohave. Altar is comprised of experienced team with extensive experience in diamond drilling for mineral exploration projects across the southwestern United States, including structurally complex terrains.

The Phase III program comprises seven HQ-diameter diamond drill holes totaling approximately 815 metres (2,673 feet), as previously disclosed (see Kingman news release dated February 3, 2026). The program is designed to test the southeastern and northwestern extensions of the Southwick vein corridor contiguous to the historic Rosebud Mine. Drilling will be conducted from existing disturbances under the recently approved Bureau of Land Management Notice of Intent.

Simon Studer, Interim CEO, President and Director of Kingman states: "With the drill permits in hand, the 3D MVI interpretation complete, and the drill contractor engaged, the next steps are mobilization and drilling. Mobilization is planned to commence immediately following receipt of final water-use authorization from the Arizona Department of Water Resources. Subject to receipt of that authorization and timely mobilization of crews and equipment by Altar, drilling is expected to begin on or about February 25. We will continue to update investors as we ramp up toward Phase III execution."

Drill core will be logged, sampled, and processed under the supervision of the Company's technical team in accordance with industry best practices and applicable regulatory requirements. Samples are planned to be submitted to Skyline Assayers Inc. for analysis.

Technical Disclaimer

The magnetic survey and associated magnetic vector inversion (MVI) results identify variations in magnetic response and support interpretation of structural features and their continuity at depth. Magnetic data do not directly identify mineralization or economic potential. All interpretations remain preliminary pending further geological work, including mapping and drilling.

Qualified Person

The technical information contained in this news release has been reviewed and approved by Brad Peek, MSc, CPG, who is a Qualified Person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

ABOUT

Kingman Minerals Ltd. (TSXV: KGS) is a publicly traded exploration and development company focused on precious metals in North America. The Company's flagship project comprises the fully owned historic Rosebud Mine, located in the Music Mountains, Mohave County, Arizona. High-grade gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot main shaft and approximately 2,500 feet of drifts, raises and crosscuts.

For further information please contact:

Simon D. Studer
Interim CEO, President & Director
simondavidstuder@gmail.com
Phone: +41 77 459 16 20

Corporate Office
Tel: +1 (604) 685-7720
Email: info@kingmanminerals.com
Web: www.kingmanminerals.com

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 release.

Cautionary Statement Regarding Forward-Looking Information This news release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, statements regarding the interpretation of geophysical data, high-grade mineralization targeting, the timing of the Phase III drill program, and anticipated exploration outcomes. Forward-looking information is based on management's reasonable assumptions and current expectations, but involves known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking information. Kingman undertakes no obligation to update forward-looking information except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283803

FAQ

What does Kingman (KGSSF) announce about the 3D magnetic model for Mohave?

The company completed a project-scale 3D MVI model defining NW-trending structural lineaments. According to Kingman, the model aligns with mapped veins and historic workings and will guide Phase III drill targeting along strike and at depth.

When will Phase III drilling at Mohave (KGSSF) start and how extensive is the program?

Drilling is expected to begin on or about February 25, 2026, subject to water authorization. According to Kingman, Phase III comprises seven HQ holes totaling ~815 metres testing extensions of the Southwick vein corridor.

Who is contracted to drill Kingman's (KGSSF) Phase III program at Mohave?

Kingman engaged Tucson-based Altar Drilling to carry out Phase III diamond drilling. According to Kingman, Altar has experience in southwestern US exploration and will mobilize once final water-use approval is granted.

What are the main exploration targets for Kingman (KGSSF) in Phase III at Mohave?

The program targets southeastern and northwestern extensions of the Southwick vein corridor near the Rosebud Mine. According to Kingman, the 3D MVI highlights NW-trending features that align with mapped veins and historic workings.

Are the 3D MVI magnetic results at Mohave (KGSSF) proof of mineralization?

No, magnetic interpretations identify structural vectors but do not prove mineralization. According to Kingman, MVI helps constrain targets; drill testing and assaying remain required to confirm economic mineralization.

Where will Kingman (KGSSF) send Mohave drill samples for analysis?

Drill core samples are planned to be submitted to Skyline Assayers Inc. for analysis. According to Kingman, core will be logged, sampled, and processed under company supervision and industry best practices.