Vancouver, BC — February 17, 2026 — Leads & Copy — GoldHaven Resources Corp. (CSE: GOH) and other companies are advancing gold assets across the Americas, Africa, and Morocco amid rising gold prices and a growing supply deficit in the copper market. Gold is currently trading above US$5,000 per ounce, with analysts projecting further increases. Fibonacci analysis suggests a base case of US$6,100, while Wells Fargo and JPMorgan Chase & Co. have set targets between US$6,100 and US$6,300.
S&P Global has confirmed a 10 million metric tonne copper supply deficit by 2040. Demand is projected to reach 42 million metric tonnes due to increased spending on AI infrastructure and defense, outpacing the rate at which new mines can be permitted.
Gold’s bull market has been building for over a year, with prices rising approximately 70% in 2025. This was the strongest annual performance since the 1970s, supported by central bank purchases of roughly 850 tonnes and Q4 2025 retail ETF inflows exceeding 280 tonnes. Global gold demand exceeded 5,000 tonnes last year, lifting the total value of consumption to US$555 billion, a 45% increase year over year.
GoldHaven Resources has confirmed gold mineralization in bedrock at its Copeçal West Target in Brazil. Drilling at the high-priority zone returned 39 meters at 0.11 g/t gold from 58 meters depth. This interval, from hole COPE-PDH-008, included 3 meters grading 0.30 g/t gold and represents the first confirmation that the surface gold anomaly at Copeçal is sourced from a mineralized system in fresh bedrock beneath a thick saprolite layer.
All four holes drilled at the Western Target intersected anomalous gold. Hole COPE-PDH-006 returned 7 meters at 0.46 g/t gold, including 1 meter at 1.21 g/t. Hole COPE-PDH-007 cut 28 meters at 0.14 g/t gold with a 1-meter intercept grading 1.04 g/t. Hole COPE-PDH-005 hit 30 meters at 0.16 g/t gold from surface, including 22 meters at 0.20 g/t. The consistency of anomalous gold across all four holes validates the company’s exploration model and provides a strong foundation for follow-up drilling.
Robert Birmingham, CEO of GoldHaven, said the drill results represent a major milestone for the Copeçal Project, confirming gold anomalism in fresh bedrock beneath the saprolite profile. He added that the results provide strong confidence that the surface geochemical anomaly is sourced from an underlying mineralized system.
The Copeçal Gold Project is located within the Alta Floresta Mineral Province, a Paleoproterozoic belt in Brazil’s Juruena Gold Province, where GoldHaven Resources holds 3,681 hectares. The company previously completed its inaugural diamond drilling program at Copeçal’s East Target, where nine holes totaling 1,085.7 meters discovered bornite, suggesting potential for a gold-copper system.
GoldHaven Resources has also confirmed anomalous tungsten mineralization at its Magno Property in British Columbia, where the 2025 surface program returned bonanza silver grades up to 2,370 grams per tonne and tungsten values reaching 6,550 ppm across multiple skarn zones. The company confirmed high-grade copper at its Three Guardsmen Project, with surface sampling returning up to 15.85% copper. GoldHaven now controls 133,186 hectares across proven mining jurisdictions.
Orla Mining (TSX: OLA) (NYSE: ORLA) achieved record quarterly production in Q4 2025, exceeding 300,000 ounces of gold for the full year. Lundin Gold (TSX: LUG) has provided 2026 production guidance of 475,000 to 525,000 ounces of gold. TRX Gold (TSX: TRX) (NYSE American: TRX) reported record first quarter 2026 results. Aya Gold & Silver (TSX: AYA) has provided its 2026 outlook, targeting production of 6.2 to 6.8 million silver-equivalent ounces.
Orla Mining produced 300,620 ounces of gold for the full year, exceeding revised annual guidance. The Musselwhite mine contributed 203,856 attributable ounces, surpassing the top end of its guidance range.
Jason Simpson, President and Chief Executive Officer of Orla Mining, credited the effort and dedication of the company’s employees for successfully exceeding annual production guidance. Looking ahead, the company has issued 2026 production guidance of 340,000 to 360,000 ounces of gold at all-in sustaining costs of $1,550 to $1,750 per ounce sold. Orla Mining also announced an inaugural quarterly dividend of US$0.015 per share.
Lundin Gold will increase mill throughput to 5,500 tonnes per day. Cash operating costs are projected at $900 to $960 per ounce, with all-in sustaining costs of $1,110 to $1,170 per ounce sold.
Jamie Beck, President and CEO of Lundin Gold, said that 2026 marks an important step forward as the company continues to unlock the full potential of Fruta del Norte and its extensions. The company is launching an $85 million exploration campaign, its largest to date, with 133,000 metres of drilling planned for 2026. Lundin Gold will continue paying quarterly dividends of $0.30 per share alongside a variable dividend based on at least 50% of normalized free cash flow.
TRX Gold poured 6,597 ounces of gold and selling 6,492 ounces at an average realized price of $3,860 per ounce. The quarter generated revenue of $25.1 million, gross profit of $14.2 million representing a 57% margin, and EBITDA of $13.2 million at a 53% margin.
Stephen Mullowney, CEO of TRX Gold, said the company once again delivered record results. The company is advancing a processing plant expansion from 2,000 tonnes per day to over 3,000 tonnes per day, which is expected to boost annual production beyond 62,000 ounces based on a recent PEA. The ROM stockpile grew from 15,162 ounces of contained gold in August 2025 to 22,891 ounces post-Q1 2026.
Aya Gold & Silver expects the Zgounder mine to produce 5.2 to 5.8 million ounces of silver at an average cash cost of $21.50 per ounce. Planned capital expenditures total $36 million with an additional $60 million allocated to exploration.
Benoit La Salle, President & CEO of Aya Gold & Silver, said that 2025 was a pivotal year for Aya, marked by the successful completion of key milestones across production, development, and exploration. The company is executing a 230,000-metre drilling program in 2026, including 200,000 metres at the Boumadine project for resource conversion. Aya Gold & Silver enters the year with a robust balance sheet and a supportive market environment.
Source: USANewsGroup.com
