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KGS.V ·

Kingman Receives Adwr Approval and Mobilizes Altar FOR Phase III Drilling at Mohave

Exploration Programs Permits & Approvals

TSX-V: KGS

OTCQB: KGSSF

Frankfurt: 47A1

FOR IMMEDIATE RELEASE

KINGMAN RECEIVES ADWR APPROVAL AND MOBILIZES ALTAR

FOR PHASE III DRILLING AT MOHAVE

Vancouver, British Columbia – February 18, 2026 – Kingman Minerals Ltd. (TSXV: KGS)

(OTCQB: KGSSF) (Frankfurt: 47A1) (“Kingman” or the “Company”) is pleased to announces

that it has received approval from the Arizona Department of Water Resources (“ADWR”) of its

Notice of Intention (NOI), authorizing drilling of seven exploration holes for Phase III at the Com-

pany’s 100%-owned Mohave Project in Arizona.

Following approval, t he Company has directed Altar Drilling Inc. to mobilize to site. Drilling will

begin on or about February 25, 2026.

Phase III is designed to test the continuity of the Southwick gold- silver vein corridor beyond the

Rosebud Mine, supported by the Company’s recently completed 3D Magnetic Vector Inversion

(MVI) model and structural interpretation across the Mohave Project. Additional model -defined

targets will be mapped and sampled through parallel field work.

Qualified Person

The technical information contained in this news release has been reviewed and approved by

Brad Peek, M.Sc., CPG, a Qualified Person as defined under National Instrument 43-101 – Stand-

ards of Disclosure for Mineral Projects. Mr. Peek is a Director of Kingman Minerals Ltd.

ABOUT

Kingman Minerals Ltd. (TSX-V: 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

[email protected]

Phone: +41 77 459 16 20

Corporate Office

Tel: +1 (604) 685-7720

Email: [email protected]

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.

TSX-V: KGS

OTCQB: KGSSF

Frankfurt: 47A1

Cautionary Statement Regarding Forward-Looking Information This news release contains forward-looking infor-

mation within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to,

statements regarding the planned scope, timing, mobilization, underground access, extracti on, sampling, laboratory

and metallurgical testing, and expected outcomes of the underground program. Forward-looking information is based

on management’s current expectations and reasonable assumptions, but involves known and unknown risks, uncer-

tainties and other factors that may cause actual results to differ materially, including permitting and regulatory require-

ments, underground conditions, safety and access constraints, contractor availabilit y and performance, laboratory ca-

pacity and turnaround times, and general market and economic conditions. Readers are cautioned not to place undue

reliance on forward-looking information. The Company undertakes no obligation to update forward-looking information

except as required by law.