Sorrento Resources Ltd. Provides Update on Bottom Brook Drill Program, Newfoundland

Rhea-AI Summary

Sorrento Resources (OTCQB: SRSLF) updated its Bottom Brook drill program in Newfoundland on February 20, 2026. The company completed six drill holes totaling over 1,000 metres and expanded the program to ten holes (~1,500 metres) based on encouraging visual results and operational efficiency.

Gladiator Drilling is onsite; management said the expansion reflects confidence in the geological model and potential to grow known rare earth mineralization.

Positive

• Six drill holes completed totaling over 1,000 metres
• Program expanded to 10 holes for approximately 1,500 metres
• Gladiator Drilling mobilized and operating onsite

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) (the "Company" or "Sorrento"), a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to provide an update on its ongoing diamond drill program at the Company's Bottom Brook Project in Newfoundland and Labrador.

The drill program is progressing well, with six (6) holes completed totaling over 1,000 metres of diamond drilling. Based on encouraging visual observations and operational efficiencies, the Company has expanded the program to include a total of ten (10) drill holes for approximately 1,500 metres.

Figure 1. Gladiator Drilling's diamond drill onsite on Sorrento Resources Bottom Brook Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9602/284612_d5909c8ac46979e0_002full.jpg

Management Commentary

"We are very encouraged by the progress of the drill program at Bottom Brook," said Alex Bugden, Chief Executive Officer of Sorrento Resources Ltd. "Expanding the program to 10 holes reflects our confidence in the geological model and the potential to grow the known rare earth mineralization."

About the Bottom Brook Project

The Bottom Brook Project is made up of 16 mineral licenses which have a combined 606 individual claims for a total area of 15,150 hectares. It is located approximately 40km South of the City of Corner Brook which has a deep-water port, skilled workforce, and many service providers. The property is accessible via a network of secondary roads immediately adjacent to the Trans-Canada Highway. There is a transmission line which also runs through the western portion of the property

Previously drilled high grade total rare earth oxide (TREO) include:

• 4.37% over 5m

• 4.47% over 5.6m

• 8.19% over 2.00m

• 15% over 0.5m

• 11.02% over 1.05m

• 1.269% over 7.5m

The REE mineralization in Bottom Brook is characterized by monazite-enriched horizons. The distribution of Rare Earth Oxides in a high-grade core sample from Bottom Brook is almost identical to the giant carbonatite Bayan Obo deposit - a major REE reserve estimated at more than 57.4 million metric tons grading at 6% and accounts for nearly half of global REE production. The Bottom Brook REE mineralization has also been compared to the Steenkampskraal monazite deposit in South Africa by Dr. Derek Wilton in 2024. Which is one of the highest-grade REE deposit globally with a current mineral resource estimate of 665,000 tonnes at an average grade of 14.5% TREO.

Qualified Person

Alex Bugden, P. Geo., a Qualified Person in accordance with National Instrument 43-101, has reviewed and approved the technical information contained in this press release.

About Sorrento Resources Ltd.

Sorrento is engaged in acquisition, exploration, and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and rare earth element, gold, and base metal properties of merit including the Bottom Brook Project, Rodgers Cove Gold, and Harmsworth (VMS) project all located in Newfoundland.

On Behalf of The Board of Directors,

SORRENTO RESOURCES LTD.

"Signed"
Alex Bugden
President, Chief Executive Officer, and Qualified Person
investors@sorrentoresources.ca
709-693-4088

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are "forward-looking statements". Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284612

FAQ

How many drill holes has Sorrento Resources (SRSLF) completed at Bottom Brook as of February 20, 2026?

Sorrento Resources has completed six drill holes totaling over 1,000 metres. According to the company, these initial holes prompted an expansion to a planned ten-hole program of about 1,500 metres.

Why did Sorrento Resources (SRSLF) expand the Bottom Brook drill program to ten holes?

The company expanded to ten holes due to encouraging visual observations and operational efficiencies. According to the company, those factors increased confidence in the geological model and potential rare earth mineralization growth.

What is the total planned drilling length for Sorrento Resources (SRSLF) at Bottom Brook after expansion?

After expansion, the program targets approximately 1,500 metres across ten holes. According to the company, the increase follows positive onsite observations and improved drilling efficiency.

Which contractor is performing the Bottom Brook diamond drilling for Sorrento Resources (SRSLF)?

Gladiator Drilling is the contractor performing the diamond drilling onsite at Bottom Brook. According to the company, Gladiator Drilling was mobilized and operating during the reported program update.

Has Sorrento Resources (SRSLF) released assay results from the Bottom Brook drill holes yet?

No assay results were included in the February 20, 2026 update; only visual observations and drilling metrics were reported. According to the company, further technical updates are expected after sampling and assays are completed.