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Trekor Metals Ltd

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

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Sep 30, 2026 · Filed Nov 5, 2026

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TGB$6.95-0.4%Stored close · as of Nov 6, 2026
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Contents

EX-99.1 · 22. Segmented Information

22. Segmented Information

The Company has identified three reportable segments, Gibraltar, Florence Copper, and Yellowhead, based on the primary locations where it generates, expects to generate, or plans to generate revenue. These segments are reviewed regularly by the Chief Executive Officer, who is the Chief Operating Decision Maker ("CODM"), for the purposes of resource allocation and performance assessment. Corporate activities do not meet the definition of a reportable segment and are therefore presented separately as a reconciliation to the consolidated totals. These activities primarily comprise corporate development initiatives and centralized functions that provide administrative, technical, financial, and other support to the operating segments. For operating segments in production, the CODM evaluates performance primarily based on earnings from mining operations. "Other operating expenses" include general and administrative costs, share-based compensation, project evaluation expenditures, changes in the fair value of derivatives and other financial instruments, and other (expense) income not directly attributable to mining operations. "Net finance and other expense" include finance income, finance expense, accretion expense, and foreign exchange gain (loss). Total assets do not include intra-group receivables between segments.

Three months ended September 30, 2026
GibraltarFlorenceCopperYellowheadCorporateTotal
Revenue282,18860,034--342,222
Cost of Sales
Production Costs(134,757)(36,829)--(171,586)
Depletion and amortization(34,836)(10,041)--(44,877)
Other operating costs-----
Earnings from mine operations112,59513,164--125,759
Changes in derivatives and other fair value instruments(1,935)(10,687)-(3,653)(16,275)
Other expenses(488)(712)-(14,615)(15,815)
Income (loss) before financing costs and income taxes110,1721,765-(18,268)93,669
Net finance and other expenses(3,756)(13,432)-(15,642)(32,830)
Income (loss) before income taxes106,416(11,667)-(33,910)60,839
Nine months ended September 30, 2026
GibraltarFlorenceCopperYellowheadCorporateTotal
Revenue803,484106,384--909,868
Cost of Sales
Production Costs(396,915)(73,779)--(470,694)
Depletion and amortization(92,058)(21,230)--(113,288)
Other operating costs(952)---(952)
Earnings from mine operations313,55911,375--324,934
Changes in derivatives and other fair value instruments(13,742)(31,107)-(7,201)(52,050)
Other expenses(811)(39)-(38,433)(39,283)
Income (loss) before financing costs and income taxes299,006(19,771)-(45,634)233,601
Net finance and other expense(14,431)(22,952)-(60,767)(98,150)
Income (loss) before income taxes284,575(42,723)-(106,401)135,451

TREKOR METALS LIMITED(formerly Taseko Mines Limited)Notes to the Condensed Consolidated Interim Financial Statements(Cdn$ in thousands)(Unaudited)

Three months ended September 30, 2025
GibraltarFlorenceCopperYellowheadCorporateTotal
Earnings from mine operations39,242---39,242
Changes in derivatives and other fair value instruments(4,709)(6,220)-(5,155)(16,084)
Other expenses(579)255-(9,947)(10,271)
Income (loss) before financing costs and income taxes33,954(5,965)-(15,102)12,887
Net finance and other expenses(8,708)(6,998)-(22,101)(37,807)
Income (loss) before income taxes25,246(12,963)-(37,203)(24,920)
Nine months ended September 30, 2025
GibraltarFlorenceCopperYellowheadCorporateTotal
Earnings from mine operations55,106---55,106
Changes in derivatives and other fair value instruments(30,261)(14,987)-(6,980)(52,228)
Other expenses(1,026)1,170-(29,141)(28,997)
Income (loss) before financing costs and income taxes23,819(13,817)-(36,121)(26,119)
Net finance and other expenses(21,850)(15,522)-(3,540)(40,912)
Income (loss) before income taxes1,969(29,339)-(39,661)(67,031)
As at September 30, 2026
GibraltarFlorenceCopperYellowheadCorporateTotal
Property, plant and equipment1,011,9321,174,84051,11521,3002,259,187
Total assets1,422,8821,236,37351,75759,5342,770,546
Total liabilities615,085355,8867,962898,6871,877,620
As at December 31, 2025
GibraltarFlorenceCopperYellowheadCorporateTotal
Property, plant and equipment964,3661,027,72233,67619,6882,045,452
Total assets1,194,8651,043,43933,944200,2392,472,487
Total liabilities641,071276,4731,031775,2491,693,824
ContentsView on SEC.gov

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