12:02:54 EST Mon 23 Feb 2026
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Golden Rapture Mining Corporation - Common Shares
Symbol GLDR
Shares Issued 52,489,930
Close 2026-02-20 C$ 0.05
Market Cap C$ 2,624,497
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ORIGINAL: Golden Rapture Mining Commences High-Resolution UAV Airborne Magnetic Surveys on Two of Its Projects

2026-02-23 07:31 ET - News Release

Edmonton, Alberta--(Newsfile Corp. - February 23, 2026) - Golden Rapture Mining Corporation (CSE: GLDR) is pleased to announce the commencement of two high-resolution UAV airborne magnetic surveys. The first survey is now underway at the Company's 100% owned Northern Queen Mine property in the Dryden area, and the second will be conducted at its 50% owned Bully Boy Mine patented claims in the Rainy River District.

The two surveys will be conducted by Rosor Exploration of Burlington, Ontario. They will be flown with a MagArrow magnetometer by Geometrics suspended from a Matrice 300 RTK drone along 50-meter spaced lines at a height of 50 meters for a total of 342.1 line-kilometers covering an area of approximately 14.7 square kilometers.

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Richard Rivet said, "This is an important step for these two properties that have not seen modern exploration for decades. These drones can fly at tree-top level with tight-line spacing, which gathers exceptionally detailed data that highlights subtle magnetic features for interpreting structures and identifying potential drill targets. The survey results are expected to be received in two to three weeks, depending on the weather and the time it takes for the geophysicist to process and image the survey data and provide us with a report."

Northern Queen Mine Property: This newly acquired 77 claim unit property hosts 1 historical mine shaft and is comprised of roughly 3500 acres covering roughly 9 kms of strike length of highly prospective geology. The property lies along the southern boundary of the NexGold Goliath Gold Deposit, and the eastern part of the property is also situated on the Northern border of the Dryden Gold claims. It produced gold and silver from 1897 to 1899. Ownership 100%
More details can be seen at: https://www.goldenrapturemining.com/Projects/Northern-Queen-Mine

Bully Boy Mine Property: Includes four patented mineral claims hosting 2 historical mine shafts. The historical records of the Bully Boy Mine are limited; however, archival Ontario Ministry of Mines files indicate that high-grade gold was first discovered in 1885 and that it was mined intermittently from 1898 to 1906. Ownership 50%.
More detailed info can be seen at https://www.goldenrapturemining.com/Projects/Bully-Boy-Mine

Richard Rivet said, "Both properties benefit from excellent infrastructure and strong accessibility. Golden Rapture also has the luxury of having its own in-house portable diamond drill, therefore giving us a low cost of exploration and the ability to mobilize our drill to any location on a moment's notice. We look forward to reviewing both survey results and pursuing the targets they reveal."

Qualified Person

This news release has been reviewed and approved by John Archibald, independent P. Geo., Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

About Golden Rapture Mining

Golden Rapture Mining is a newly listed, well-funded exploration company engaged in the acquisition, exploration and development of Tier 1 high-potential assets. The Company has now been listed since March 14, 2024, with 52,389,390 shares now issued.

On behalf of the Board
Richard Rivet,
President & CEO
Email: goldenrapture@outlook.com
Phone: 780-729-5395
For more info please look at our website at https://goldenrapturemining.com/

Forward-looking statements include predictions, projections, and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company's planned exploration programs and drill programs and potential significance of results are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company's expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital, and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials, and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events, or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate, and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284871

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