Entrée Resources Announces Fiscal Year 2025 Results and Reviews Q4 Corporate Highlights

About this update from Entree Resources Ltd

VANCOUVER, British Columbia, March 05, 2026 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) has today filed its annual operational and financial results for the year ended December 31, 2025. All numbers are in U.S. dollars unless otherwise noted. Q4 2025 HIGHLIGHTS State Interest in Area of Licences Entrée/Oyu Tolgoi JV Property Update Oyu Tolgoi Underground Mine UpdateThe Oyu Tolgoi project in Mongolia includes the Oyu Tolgoi mining licence, which is 100% owned and held by OTLLC and the Entrée/Oyu Tolgoi JV property (“Entrée/Oyu Tolgoi JV Property”), which is the subject of a Joint Venture Agreement with an effective date of June 30, 2008 as amended on February 3, 2025 (the “Entrée/Oyu Tolgoi JVA”) between the Company and OTLLC. Rio Tinto International Holdings Ltd. (“Rio Tinto”) owns 66% of OTLLC and is the manager of operations at Oyu Tolgoi. On January 21, 2026, Rio Tinto announced the Oyu Tolgoi Lift 1 underground mine ramp-up remains on track to reach an average of around 500 thousand tonnes of copper per year from 2028 to 2036. Oyu Tolgoi is set to become the world’s fourth largest copper mine by 2030. Refer to Rio Tinto’s press release dated January 21, 2026, titled “Rio Tinto releases fourth quarter 2025 production results” available on its website at www.riotinto.com for further details. Also see Rio Tinto plc’s Form 20-F for the financial year ended December 31, 2025 (“Form 20-F”) available on Edgar at https://www.sec.gov/search-filings. Corporate OUTLOOK AND STRATEGYArbitration Award and Transfer of Entrée/Oyu Tolgoi JV LicencesOn December 19, 2024, a partial final award (the “Award”) was made by the three-member international arbitration Tribunal appointed in connection with the Company’s binding arbitration proceedings against OTLLC and Turquoise Hill Resources Ltd. (together, the “Respondents”). The Tribunal ruled in favor of the Company on all issues and dismissed the Respondents’ counterclaims. A principal objective of the Company is to affect the transfer of the Licences from the Company’s Mongolian subsidiary Entrée LLC to OTLLC in accordance with applicable laws of Mongolia as the next step in the implementation of the Award. Transfer of the Licences to OTLLC, as Manager and owner of an 80% (or 70% depending on the depth of mineralization) participating interest in the Entrée/Oyu Tolgoi JV P...

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