Brisbane, Australia — February 18, 2026 — Leads & Copy —
Adyton Resources Corporation (TSXV: ADY) announced positive results from its ongoing drill program at the 100%-owned Feni Island Gold-Copper Project in Papua New Guinea.
The company has completed 10,663 meters of drilling to date, confirming high-grade extensions to the north and identifying new potential to the south. Hole FDD017 returned 1.29 g/t Au over 53 meters, including 3.6 g/t Au over 5 meters with a peak grade of 6.6 g/t Au over 1 meter. This defines a northern expansion zone beyond the current resource model. About 35% of gold assays and 100% of copper assays are still pending for this hole.
Geological logging from the south-southwest (SSW) corridor, including holes FDD019, FDD021, and FDD028, indicates expansion of the epithermal gold-copper system and links to a potential porphyry source. Step-out drilling in “The Gap” (Holes FDD004 & FDD005) shows continuous mineralization linking key zones, while twin drilling (Holes FDD001, FDD002 & FDD026) validates historical results, increasing confidence toward upgrading inferred resources to indicated.
New modeling and reprocessed geophysics define a system-scale blueprint linking the Kabang epithermal resource to the deeper Danmagal porphyry target, unlocking multiple high-priority drill targets. Tim Crossley, CEO, stated that drill hole FDD017 delivered the highest gold grade of the current campaign, confirming the Kabang system remains open to the north.
Integrated work by Global Ore Discovery, along with recent magnetic survey and reprocessed IP data, has defined a southwesterly fluid-flow corridor linking the Kabang epithermal gold system to a deeper porphyry source.
Drilling identified a new mineralized corridor trending north-northeast (NNE), supported by assays from FDD017 and FDD012, and visual logging from holes FDD018, FDD020, FDD025. FDD017 intersected phreatic breccia in monzodiorite and intense K-feldspar-quartz-sericite alteration. Hole FDD012 returned significant silver and molybdenum values, including 5 meters @ 21.16 g/t Ag and 7 meters @ 211 ppm Mo.
Drilling to the south-southwest (SSW), specifically holes FDD019, FDD021 and FD028, have opened another corridor outside the current MRE block model. Logging and geochemical zonation in this area show vectors trending southwest (SW) toward the Danmagal porphyry target. Drilling encountered porphyry-style intrusives and related copper mineralization, a molybdenum halo (Mo), and centreline quartz-sulphide veins (B-veins) supporting the geological model that the Danmagal porphyry is the likely driving source of the Kabang epithermal system.
Holes FDD004 and FDD005 confirmed continuous mineralization, linking previously disparate zones. Twin holes FDD001, FDD002, and FDD026 showed a strong correlation with historical drilling.
Upcoming milestones include pending assays for FDD017 (all Cu and Au to EOH), plus FDD018 and above and ongoing drilling focused on expanding the MRE footprint at Kabang, and testing new targets. A new, high-power (100kVa) IP/MT survey is being scoped to detect additional across island and deeper drill targets. Deployment of pXRF and spectral mineral mapping (1Q 2026) to generate a 3D alteration model for vectoring of future high-grade drilling.
EVIH, Adyton’s JV partner, is progressing permitting for the Wapolu mine restart. Adyton and EVIH presented the project’s restart plans to the Mineral Resources Authority (MRA) in early February and remain confident that a H2 restart of Wapolu will be achieved.
Adyton adheres to industry standards for QA/QC. Drill core samples were submitted in batches to Intertek Laboratory in Lae, including field blanks, CRMs, and staged duplicates. Batches have passed QA/QC with blanks and CRMs within acceptable tolerance limits.
Dr. Chris Bowden, PhD, GCMEE, FAusIMM(CP), FSEG, Adyton’s Chief Operating Officer and Chief Geologist, is the Qualified Person who has reviewed and approved the scientific and technical information in the release.
The Feni Project is 100% owned by Adyton and is located in a prospective region of Papua New Guinea on the Lihir Island chain. The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5g/t Au cut-off grade.
Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 206,000 ounces gold and inferred resources of 2,193,000 ounces gold.
Mineral resources are not mineral reserves and have not demonstrated economic viability.
See the technical report dated January 7, 2026, entitled “NI 43-101 Technical Report on Wapolu Gold Project” prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and “qualified person” as defined in NI 43-101.
For more information about Adyton and its projects, visit www.adytonresources.com
Source: Adyton Resources Corporation
