Bonterra files NI 43-101 Technical Report for the Bachelor and Moroy Deposits

Bonterra Resources Inc. has filed an NI 43-101 technical report for the Bachelor and Moroy gold deposits, located within the Desmaraisville South Project in northern Quebec. The report, prepared by independent consultant P&E Mining Consultants Inc. and effective February 18, 2026, supports updated mineral resource estimates for these 100% owned deposits.

The technical report filing represents a procedural milestone for Bonterra's expanding gold portfolio, which now collectively holds 16.8 million tonnes at 3.02 g/t Au for 1.63 million ounces of Measured and Indicated resources, plus 15.6 million tonnes at 4.32 g/t Au for 2.17 million ounces of Inferred resources across the Gladiator, Barry, Moroy, and Bachelor deposits. This substantial resource base positions the company as a significant gold exploration entity in the prolific Quebec gold mining region.

The strategic value of these assets is underscored by Bonterra's joint venture agreement with Gold Fields Ltd., which acquired a position in the Urban-Barry properties through its acquisition of Osisko Mining. Gold Fields can earn a 70% interest by completing C$30 million in work expenditures by November 2026, providing substantial funding for continued development while validating the quality of Bonterra's asset portfolio.

This technical report filing demonstrates Bonterra's commitment to maintaining rigorous technical standards and regulatory compliance as it advances its exploration assets. The company's central milling facility in Quebec provides additional strategic value, positioning it for potential near-term production scenarios as resources continue to be defined and expanded through ongoing exploration programs.