CA Market News
1週前
Corcel Drills 56.65 Meters of 1.07% Cu, 0.79 g/t Au and 7.1 g/t Ag in the First Drill Hole at the Yuma King Project, ArizonaJune 1, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 1, 2026) - Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the "Company" or "Corcel") is pleased to announce assay results from the first drill hole of the recently completed, Phase 1 drill program at the Yuma King Project (the "Project") located in west-central Arizona. Drill hole YK26-001 intersected a strong zone of near-surface, skarn-hosted, copper-gold-silver-molybdenum mineralization highlighted by 56.65 meters of 1.07% copper, 0.79 g/t gold, 7.1 g/t silver and 180 ppm molybdenum from 3.35 meters downhole. This drill hole expands on historical drill results and demonstrates the significant mineralization potential of the Yuma King mine area. Highlights Significant mineralization in first drill hole: A broad zone of near-surface copper-gold-silver mineralization punctuated with high-grade intervals was intersected in the first drill hole (YK26-001) at the Yuma King mine target. Results include:56.65 meters of 1.07% Cu, 0.79 g/t Au, 7.1 g/t Ag, and 180 ppm Mo1 starting at 3.35 meters downhole, including,7.85 meters of 2.28% Cu, 1.14 g/t Au, 6.8 g/t Ag, and 266 ppm Mo from 24 meters downhole and including,8.80 meters of 2.07% Cu, 1.85 g/t Au, 20.5 g/t Ag, and 312 ppm Mo from 45 meters downholeResults support current exploration model: Drill results from YK26-001 confirm and expand on historical drill results (e.g., 45.4 meters of 0.78% Cu, 0.53 g/t Au, and 6.3 g/t Ag in drill hole, see news release dated October 7, 2025)1 and demonstrate the significant high-grade and bulk-tonnage mineralization potential of the Yuma King mine target.Results pending from five additional drill holes: The Phase I drill program consisted of over 1,087 meters across six drill holes and tested over 500 meters of mineralization strike-length. Results are pending from the remaining five drill holes (Figures 1 and 2)."These are significant initial drill results from our Phase 1 drill program, building on the strong historical drilling completed in 2006 and further supporting the potential for a large-scale, near-surface copper-gold system at Yuma King," commented Jon Ward. "Importantly, this confirmation hole returned higher grades than the historical intercepts.""The successful completion of our Phase 1 drill program marks an important milestone for the Company, and we look forward to the assay results from the other five drill holes."Completed Phase I Drill ProgramThe Phase I drill program at the Yuma King project, near Salome, Arizona, consisted of 1,087 meters across six drill holes (Figure 1, Table 2). Drilling is now complete, with two holes currently at the lab, one drill hole ready for shipment and the final two drill holes undergoing logging and sampling prior to delivery. These drill holes were designed to test over 500 meters of strike-length and the down-dip potential of high-grade skarn-related copper-gold-silver mineralization below historical mine workings (Figure 1). Results from the remaining drill holes will be released once assay data are received, compiled, and interpreted. Drill hole YK26-001 was designed to evaluate historical drill results from a drill program completed in 2006 by Big Bar Gold. The hole was drilled to the north at a dip of -50o. Based on modeling and review of historical results YK26-001 was planned to expand the mineralization to the north from historical hole YK01-A (Figures 1 and 2). YK26-001 returned a broad zone of near-surface copper-gold-silver mineralization (e.g., 56.65 meters of 1.07% Cu, 0.79 g/t Au, and 7.1 g/t Ag1, Table 1). Mineralization across this zone consists of copper oxides (azurite, malachite, chrysocolla, and tenorite, Figure 3) hosted in copper skarn/replacement in the Redwall Limestone. Results from drill hole YK26-001 confirm and expand on historical drill results and demonstrate the high-grade and bulk-tonnage mineralization potential of the Yuma King target.Figure 1. Map showing the collar location of drill hole YK26-001 in relation to all recently completed holes with pending results and all historical drill holes. Location of historical underground workings is shown projected to surface.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/299607_corcelimg1.jpgFigure 2. Long section showing the down-hole assay results from drill hole YK26-001 and the results from historical drill holes. Traces of drill holes with pending results are also shown.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/299607_corcelimg2.jpgFigure 3. Photos of drill core from hole YK26-001(50.5 to 53.9 m) showing zones of strong copper oxide mineralization with copper grades annotated. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/299607_53b570aa74aada7f_003full.jpgTable 1. Assay results from drill hole YK26-001DrillholeIntercept From - To (m)Intercept Thickness1 (m)Cu (%)Au (g/t)Ag (g/t)Mo (ppm)YK26-0013.356056.651.070.797.1180including2431.857.852.281.146.8266including4553.88.802.071.8520.5312 Intercepts are drilled widths, true widths are unknown and reported intercepts may not reflect true widths. Table 2. Collar information for drill hole YK26-001DrillholeEastingNorthingElevationAzimuthDipTotal DepthYK26-0012455243747879640.77341-5091.74YK26-0022455673747870650.3846-50152.4YK26-0032451813747932609.422-60103.3YK26-0042455963747960690.35258-7092.96YK26-0052456473747967691.33180-55127.41YK26-005A2456473747967691.33180-55245.36YK26-0062456943747893700.4250-50274.32 Sampling, Quality Assurance/Quality Control (QA/QC) All sampling was conducted under the supervision of Corcel's geologists, and all drill core analytical results have been monitored through the Company's quality assurance and quality control program (QA/QC). The drill core was sawn in half at Corcel's dedicated and secure core logging and processing facility near Parker, Arizona. Half of the drill core was sampled and shipped by a bonded courier in sealed and secured woven polyester bags to Agat Laboratories in Calgary, Alberta. Core samples were prepared using standard preparation procedures 200-078 and 200-087 which involve crushing the sample to 80% less than 2mm, followed by a riffle split of 250g, and then a pulverised split to better than 85%, passing 75 microns.Following sample preparation, the pulps were sent to the Agat Laboratories in Calgary, Alberta for analysis. Agat is registered to ISO/IEC 17025:2017 accreditations for laboratory procedures.Drill core samples were analyzed for 48 elements, including Cu, Ag, Mo by ICP-OES/MS on a 0.2-gram aliquot using a four-acid digestion (method 201-071 and 201-470 for over-limit results). Gold was analyzed by fire assay on a 50-gram aliquot with an AAS (Atomic Absorption Spectroscopy) finish (method 202-551).In addition to Agat Laboratories QA/QC protocols, Corcel implements a rigorous internal QA/QC program that includes the insertion of field and lab duplicates, certified reference materials (standards prepared by an independent lab) and blanks into the sample stream. Data verification of the analytical results includes a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results, and the procedures and results are considered acceptable. Technical Disclosure Roy Greig, Ph.D., P.Geo, a Qualified Person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, and advisor to Corcel Exploration Inc. has reviewed and approved the technical content in this news release. About Corcel Exploration Inc.Corcel Exploration is a mineral resource company engaged in the acquisition and exploration of precious and base metals properties throughout North America. The Company has entered a long-term lease agreement to acquire the Yuma King Cu-Au project in Arizona, which spans a district-scale land position of 3,200 hectares comprising 515 unpatented federal mining claims in the Ellsworth Mining District, including the past-producing Yuma King Mine which saw underground production of copper, lead, gold and silver between 1940 and 1963. For more information, please visit our website at https://corcelexploration.com/.For further information contact: Jon Ward, CEO & Director
Email: info @Thunderbird Caution Regarding Forward-Looking InformationThis news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking information"). Forward-looking information in this news release includes, without limitation, statements with respect to: the expected receipt, compilation, and interpretation of additional assay results from the remaining five drill holes of the Phase 1 drill program at the Project; the potential for the expansion of known copper-gold-silver mineralized zones at the Yuma King mine target; the potential for the Project to host large-scale, near-surface copper-gold mineralization; the Company's plans to conduct future drilling and other exploration work at the Project, including any Phase II drill program; the anticipated timing, scope, and objectives of such work; the ability to secure permits, approvals, community support and financing on acceptable terms; and the potential for the Project to host an economic mining operation in the future.Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic, competitive, operational and regulatory uncertainties and contingencies. These assumptions include, without limitation: future commodity prices and exchange rates; availability of financing on reasonable terms; availability of equipment, personnel and infrastructure; maintenance of title and access to properties; obtaining all required regulatory, surface and community approvals on expected terms and within expected timelines; accuracy of current technical information; and the absence of material adverse changes in applicable laws, political conditions, taxation, or capital markets.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: commodity price volatility; exploration, development, metallurgical and geological risk; permitting, environmental and regulatory risk; title and access risk; financing and liquidity risk; reliance on contractors and third parties; community, ESG and social license risk; political and security risk in foreign jurisdictions; operational disruptions, accidents and labour matters; changes in laws and taxation; dilution and capital markets risk; and the other risks more fully described under "Risk Factors" in the Company's continuous disclosure filings available under its profile at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299607 Original: Corcel Drills 56.65 Meters of 1.07% Cu, 0.79 g/t Au and 7.1 g/t Ag in the First Drill Hole at the Yuma King Project, Arizona
CA Market News
1月前
Corcel Exploration Reports Positive Results from an Induced Polarization Survey at Yuma King, ArizonaApril 27, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the "Company" or "Corcel") today announced the results of its initial induced polarization ("IP") geophysical survey that consisted of 10 line-km using a 2D pole-dipole electrode array over the Yuma King West and Yuma King Mine targets at the Yuma King Project (the "Project") in Arizona.Key insights from the IP survey:Yuma King Mine: New YK North Skarn TargetResistivity inversion defines new YK North Skarn target largely hidden by cover rocks (Figures 1 and 2).This is a conductive zone that resembles a similar zone hosting Yuma King Mine mineralization, located on the opposite side of the porphyry intrusion. The Yuma King Mine mineralization is not strongly chargeable so is best imaged by resistivity or its inverse, conductivity.Geological mapping shows prospective stratigraphy continues in this area, and mineralization potential is supported by an Au-Cu soil anomaly that is the mirror image of a similar anomaly southeast of Yuma King Mine.Three Musketeers: Near-surface resistive zones (Figure 3) correlate with magnetite destructive alteration and potential skarn-hosting stratigraphy identified by the drone magnetic survey (see news release dated June 28, 2025). These are associated with very strong Au and Cu in soils (up to 1.47 g/t Au and 10,750 ppm Cu) and rocks (up to 17.15 g/t Au and 11.6% Cu; see news release dated May 13, 2025). This alteration and geophysical response may indicate the upper levels of a porphyry and/or skarn system (Figure 1).YK West: Large IP chargeability anomalies (Figure 4) approach the surface in the southern half of these lines and plunge northward to depth. These anomalies have high conductivity and are interpreted as a deep-seated (>250 m) source which could represent enrichment in sulfide minerals related to a porphyry system, or underlying McCoy Mountains Formation rocks which contain graphite/graphene of potential economic significance (see news release dated October 27, 2025). Outcropping magnetite-rich skarn, along with with Au-in-soil and strong Cu-in-rocks results, overlies this anomaly in the YK West Area. "Corcel continues to advance the Yuma King Project through a systematic integration of surface exploration, geophysics, and drilling across what we believe is a large-scale copper-gold system," commented CEO Jon Ward. "The results from this recently completed IP survey highlight compelling chargeability and resistivity anomalies extending beyond the immediate Yuma King Mine area, reinforcing the broader district-scale potential of the project. We are actively incorporating these results into current drill targeting, and they will be used to define and prioritize targets for our Phase 2 drill program."
Figure 1: New YK North Skarn Target defined by IP Resistivity InversionTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/294337_corcelfig1.jpgFigure 2: Geological and exploration context shown for YK North Skarn Target in plan mapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/294337_corcelfig2.jpgFigure 3: Resistivity inversion and Cu in soils showing district targets at Yuma KingTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/294337_5cbbd83c44614a7d_003full.jpgFigure 4: Chargeability inversion depth slice and Au in soils showing district targets at Yuma KingTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/294337_5cbbd83c44614a7d_004full.jpgQualified Person as defined under National Instrument 43-101Roy Greig, Ph.D., P.Geo, a Qualified Person ("QP") as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, and advisor to Corcel Exploration Inc., has reviewed and approved the technical content in this news release. The QP has not been able to verify the historical exploration data disclosed herein since the original materials and documentation are presently inaccessible. Nonetheless, this data is believed to be accurate and sufficient for purposes of guiding future exploration on the Yuma King Project.About Corcel Exploration Inc.Corcel Exploration is a mineral resource company engaged in the acquisition and exploration of precious and base metals properties throughout North America. The Company has entered a long-term lease agreement to acquire the Yuma King Cu-Au project in Arizona, which spans a district-scale land position of 3,200 hectares comprising 515 unpatented federal mining claims in the Ellsworth Mining District, including the past-producing Yuma King Mine which saw underground production of copper, lead, gold and silver between 1940 and 1963. For more information, please visit our website at https://corcelexploration.com/.For further information contact: Jon Ward, CEO & Director
Email: info @Thunderbird Caution Regarding Forward-Looking InformationThis news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking information"). Forward-looking information in this news release includes, without limitation, statements with respect to: the Company's plans to conduct additional drilling and other exploration work on the Property; the anticipated timing, scope, costs and objectives of such work; the expected receipt and interpretation of additional assay results; the potential for the expansion of known mineralized zones; the potential discovery of new zones; the Company's plans to update mineral resource estimates and advance technical studies; the potential for future development decisions; the timing of future news flow; the ability to secure permits, approvals, community support and financing on acceptable terms; and the potential for the Property to host an economic mining operation in the future.Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic, competitive, operational and regulatory uncertainties, and contingencies. These assumptions include, without limitation: future commodity prices and exchange rates; availability of financing on reasonable terms; availability of equipment, personnel and infrastructure; maintenance of title and access to properties; obtaining all required regulatory, surface and community approvals on expected terms and within expected timelines; accuracy of current technical information; and the absence of material adverse changes in applicable laws, political conditions, taxation, or capital markets.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: commodity price volatility; exploration, development, metallurgical and geological risk; permitting, environmental and regulatory risk; title and access risk; financing and liquidity risk; reliance on contractors and third parties; community, ESG and social license risk; political and security risk in foreign jurisdictions; operational disruptions, accidents and labour matters; changes in laws and taxation; dilution and capital markets risk; and the other risks more fully described under "Risk Factors" in the Company's continuous disclosure filings available under its profile at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294337
Original: Corcel Exploration Reports Positive Results from an Induced Polarization Survey at Yuma King, Arizona
CA Market News
3月前
Corcel Exploration Commences Drill Program at Yuma King ProjectMarch 25, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the "Company" or "Corcel") today announced the commencement of its initial drill program at the Yuma King Project (the "Project") in Arizona, alongside the successful completion of an induced polarization ("IP") geophysical survey over the Yuma King West and Yuma King Mine targets. Interpretation of the IP data is currently underway."The initiation of drilling marks a significant and exciting step for Corcel as the Company advances Yuma King systematically through surface exploration and geophysics into systematic drill testing of a large-scale copper-gold system," commented CEO Jon Ward.Drilling at Yuma KingDrilling is now underway at the Project, following completion of site preparation and drill pad construction. The fully permitted Phase 1 program is expected to comprise of approximately 1,500 metres of diamond drilling across 6-8 drill sites, targeting zones of known mineralization and step-out targets supported by integration of exploration datasets (see News Release of 15 October, 2025).Drilling is focused on the Yuma King Mine area and surrounding targets, where historical work and recent programs indicate the presence of both copper-gold skarn mineralization and a broader porphyry system. The system remains open along strike, at depth, and across multiple target corridors.Figure 1: Active drilling underway at the Yuma King Project, ArizonaTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/289848_3e3ea3fec42ab866_001full.jpgProgram ObjectivesThe 2026 drill campaign has been designed with a clear set of technical objectives:Confirm historical drilling and validate previously reported mineralized intervals Expansion of known mineralized zones along strike and down dip Testing of new targets generated from integrated geophysical and geochemical datasets Evaluation of porphyry potential underlying known skarn mineralization The program represents a critical step in determining the scale and continuity of mineralization across the broader Yuma King system.IP Survey Completed Corcel has also successfully completed a 10 line-kilometre 2D pole-dipole IP survey covering priority target areas at Yuma King Mine and Yuma King West).The survey was designed to:Map chargeability anomalies associated with sulphide mineralization Define structural controls and alteration patterns Identify potential mineralized zones beneath shallow cover Enhance targeting for both current and follow-up drilling Data processing is currently underway, with results expected to be integrated into ongoing drill targeting.Qualified Person as defined under National Instrument 43-101Roy Greig, Ph.D., P.Geo, a Qualified Person ("QP") as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, and advisor to Corcel Exploration Inc. has reviewed and approved the technical content in this news release. The QP has not been able to verify the historical exploration data disclosed herein since the original materials and documentation are presently inaccessible. Nonetheless, this data is believed to be accurate and sufficient for purposes of guiding future exploration on the Yuma King project.About Corcel Exploration Inc.Corcel Exploration is a mineral resource company engaged in the acquisition and exploration of precious and base metals properties throughout North America. The Company has entered a long-term lease agreement to acquire the Yuma King Cu-Au project in Arizona, which spans a district-scale land position of 3,200 hectares comprising 515 unpatented federal mining claims in the Ellsworth Mining District, including the past-producing Yuma King Mine which saw underground production of copper, lead, gold and silver between 1940 and 1963. For more information, please visit our website at https://corcelexploration.com/.For further information contact: Jon Ward, CEO & Director
Email: info @Thunderbird Caution Regarding Forward-Looking InformationThis news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking information"). Forward-looking information in this news release includes, without limitation, statements with respect to: the Company's plans to conduct additional drilling and other exploration work on the Property; the anticipated timing, scope, costs and objectives of such work; the expected receipt and interpretation of additional assay results; the potential for the expansion of known mineralized zones; the potential discovery of new zones; the Company's plans to update mineral resource estimates and advance technical studies; the potential for future development decisions; the timing of future news flow; the ability to secure permits, approvals, community support and financing on acceptable terms; and the potential for the Property to host an economic mining operation in the future.Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic, competitive, operational and regulatory uncertainties and contingencies. These assumptions include, without limitation: future commodity prices and exchange rates; availability of financing on reasonable terms; availability of equipment, personnel and infrastructure; maintenance of title and access to properties; obtaining all required regulatory, surface and community approvals on expected terms and within expected timelines; accuracy of current technical information; and the absence of material adverse changes in applicable laws, political conditions, taxation, or capital markets.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: commodity price volatility; exploration, development, metallurgical and geological risk; permitting, environmental and regulatory risk; title and access risk; financing and liquidity risk; reliance on contractors and third parties; community, ESG and social license risk; political and security risk in foreign jurisdictions; operational disruptions, accidents and labour matters; changes in laws and taxation; dilution and capital markets risk; and the other risks more fully described under "Risk Factors" in the Company's continuous disclosure filings available under its profile at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289848
Original: Corcel Exploration Commences Drill Program at Yuma King Project
CA Market News
4月前
Corcel Exploration Announces Grant of Permit and Commencement of IP Survey at Yuma King ProjectFebruary 24, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the "Company" or "Corcel") today announced it has successfully posted and received official acceptance of the required reclamation bond from the US Bureau of Land Management ("BLM") for its Yuma King project (the "Project") in Arizona.With the bond now formally approved and selected the company is now authorized to begin site preparations and drilling at the project. Corcel is planning to drill approximately 1,500 metres of diamond core across 6-8 drill sites, targeting copper and gold skarn and porphyry-style mineralization. The program will focus on targets in and around the Yuma King Mine identified through recent drone magnetic geophysical surveys and geochemical sampling. Highlights from the historical drilling at the Yuma King Mine include intersections of 0.78% Cu, 0.53 g/t Au, and 6.3g/t Ag over 45.4m in Cu-Au skarn. The objectives of the 2026 drill program are to:Confirm historical drill resultsExpand Cu-Au mineralization along strike and down dip at the Yuma King MineIdentify new zones of high-grade Cu-Au mineralizationInitial drilling at the Yuma King Mine zone is designed to test both skarn/replacement and porphyry mineralization styles, as the system remains open in multiple directions and at depth. Corcel has also commenced a ground induced polarization (IP) geophysical survey at the Project. The 10-line km 2D pole-dipole IP geophysical survey that will cover the Yuma King West and Yuma King mine priority exploration targets. The IP survey is designed to transect target areas where alteration and mineralization are exposed through windows in thin structural cover. The high-resolution survey will help in defining the geological and structural framework as well as detecting sulphide mineralization. The IP survey will be combined with the preciously conducted drone magnetics and surface geochemistry data to enhance the geological model and to fine-tune drill targets for a follow up drill program. "Receiving official acceptance of our reclamation bond from the U.S. Bureau of Land Management is an important milestone for Corcel, as it allows us to move forward with site preparation and drilling at Yuma King." Commented CEO Jon Ward. "With permits now in place, we are preparing to begin our 1,500-metre drill program across multiple priority targets at the project. At the same time, we have commenced an induced polarization survey to help us better understand the potential scale and strength of mineralization across the property. Combined with our existing exploration data, this work will guide our drilling and position us to efficiently advance the Yuma King Project."Figure 1: Location of the permitted drill pads at the Yuma King project over drone magnetic survey total magnetic intensity (reduced to pole).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/285057_659103330406194f_001full.jpgFigure 2: Location of the IP survey lines and prospects at the Yuma King project.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/285057_659103330406194f_002full.jpg Qualified Person as defined under National Instrument 43-101Roy Greig, Ph.D., P.Geo, a Qualified Person ("QP") as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, and advisor to Corcel Exploration Inc. has reviewed and approved the technical content in this news release. The QP has not been able to verify the historical exploration data disclosed herein since the original materials and documentation are presently inaccessible. Nonetheless, this data is believed to be accurate and sufficient for purposes of guiding future exploration on the Yuma King project.About Corcel Exploration Inc.Corcel Exploration is a mineral resource company engaged in the acquisition and exploration of precious and base metals properties throughout North America. The Company has entered a long-term lease agreement to acquire the Yuma King Cu-Au project in Arizona, which spans a district-scale land position of 3,200 hectares comprising 515 unpatented federal mining claims in the Ellsworth Mining District, including the past-producing Yuma King Mine which saw underground production of copper, lead, gold and silver between 1940 and 1963. The Company also holds a 100% interest in the Willow copper project. For more information, please visit our website at https://corcelexploration.com/.For further information contact: Jon Ward, CEO & Director
Email: info @Thunderbird Caution Regarding Forward-Looking InformationThis news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking information"). Forward-looking information in this news release includes, without limitation, statements with respect to: the Company's plans to conduct additional drilling and other exploration work on the Property; the anticipated timing, scope, costs and objectives of such work; the expected receipt and interpretation of additional assay results; the potential for the expansion of known mineralized zones; the potential discovery of new zones; the Company's plans to update mineral resource estimates and advance technical studies; the potential for future development decisions; the timing of future news flow; the ability to secure permits, approvals, community support and financing on acceptable terms; and the potential for the Property to host an economic mining operation in the future.Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic, competitive, operational and regulatory uncertainties and contingencies. These assumptions include, without limitation: future commodity prices and exchange rates; availability of financing on reasonable terms; availability of equipment, personnel and infrastructure; maintenance of title and access to properties; obtaining all required regulatory, surface and community approvals on expected terms and within expected timelines; accuracy of current technical information; and the absence of material adverse changes in applicable laws, political conditions, taxation, or capital markets.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: commodity price volatility; exploration, development, metallurgical and geological risk; permitting, environmental and regulatory risk; title and access risk; financing and liquidity risk; reliance on contractors and third parties; community, ESG and social license risk; political and security risk in foreign jurisdictions; operational disruptions, accidents and labour matters; changes in laws and taxation; dilution and capital markets risk; and the other risks more fully described under "Risk Factors" in the Company's continuous disclosure filings available under its profile at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285057
Original: Corcel Exploration Announces Grant of Permit and Commencement of IP Survey at Yuma King Project