(via TheNewswire)

Vancouver, British Columbia – February 23, 2026 – TheNewswire – Clydesdale Resources Inc. (“Clydesdale” or the “Company”) announces that its wholly owned subsidiary, 1563198 BC Ltd., has entered into an option agreement to acquire a 100% interest in the Zen Copper-Gold Project located in Quebec, Canada.

Transaction Terms

Under the terms of the agreement, the Company may acquire a 100% interest in the Zen Project through total cash payments of CAD $120,000 payable over a three-year period. The acquisition is arms-length and subject to regulatory approval. The Company has committed to advance $10,000 to the vendors applied towards the annual payment of $40,000.  Upon completion of all payments, the Vendors will retain a 2% Net Smelter Return royalty, of which 1% may be repurchased by the Company for CAD $500,000.

Zen Project Overview

The Zen Project comprises seven mineral claims totaling approximately 412 ha in Quebec and hosts the Cran Bornite showing, a documented copper-gold occurrence with minor contents of PGE-occasionally associated with the mineralization. Copper mineralization is present as chalcopyrite and bornite. Malachite and azurite were also identified as alteration products. The mineralization is primarily hosted in calc-silicate rocks/diopsidites and less commonly in nearby quartzite, marble and paragneiss. Copper sulfides are mostly disseminated although massive sulfides veins subparallel to schistosity are also reported, as well as seldom, meter-sized cluster of semi-massive to massive sulfides.

Historical exploration results referenced herein are derived from publicly filed assessment reports and drill records available through the SIGÉOM geological database administered by the Ministère des Ressources et des Forêts du Québec.

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Historical Surface Sampling

Initial exploration work returned Cu values ranging from 1.24% up to 15.93% Cu from six (6) grab samples in 20041 . The surrounding area was subsequently stripped and five trenches were excavated. A grab sample collected nearby a trench returned 7.32% Cu and 1.84 g/t Au. Also, 2.22% Cu was obtained over 6.45 m from one channel sample collected from a trench2 . High-grade Cu values are associated with elevated Co (up to 872 ppm Co) and Ni (up to 2430 ppm Ni) concentrations.

Grab samples are selective by nature and may not be representative of overall mineralization on the property.

Historical Drilling

Historical drilling3 reported copper mineralization:

 • 0.57% Cu over 22.8 metres, including 1.08% Cu over 5.1 metres (hole CB-06-05)

 • 1.27% Cu over 3.8 metres (hole CB-06-06)

Gold and platinum values were also reported within short, drilled intervals and grab samples collected nearby trenches. Grab sample 190840 returned 5.07% Cu, 0.585 g/t Au, 3.93 g/t Pt and 0.2 g/t Pd 3 .

The Company notes that the mineralized system remains open laterally and at depth based on historical reporting.

Technical Disclosure

The historical information referenced herein has not been independently verified by the Company. A qualified person has not completed sufficient work to classify the historical results as current mineral resources or mineral reserves, and the Company is not treating the historical results as current mineral resources or mineral reserves.

The scientific and technical information contained in this news release has been reviewed by Isabelle Robillard, P.Geo. (OGQ#0287), a Qualified Person as defined under National Instrument 43-101.

References:

1.         Forbes, E., 2005. Rapport de travaux d’exploration simplifié. Exploration Esbec inc.;  GM 61701,  12 pages .

2.         Forbes, E., 2006. Rapport de travaux d’exploration simplifié, Bornite Hill. Quinto Mining Corp.,  GM 62748,  18 pages.

3.        Baker, M., Hupe, A., 2007. Rapport des travaux 2006-2007, Propriété Bornite Hill. Quinto Mining Corp.;  GM 63162,  167 pages, 3 plans.

The Company is intending to seek reactivation as a Tier 2 mining issuer on the TSXV. In accordance therewith, in addition to completing the property Acquisition, the Company intends to immediately commence a preliminary exploration program of at least $50,000 and prepare an updated 43-101 report for filing with the TSXV, all in accordance with TSXV Policy 2.6.

There is no assurance that the Company will be successful in its Reactivation Application.

Contact

For further information, contact Robert Nordin, Chief Executive Officer of Clydesdale Resources Inc. at: (250) 371-4863. Email rob.nordin@gmail.com

Cautionary and Forward-Looking Statements

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.

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