Corcel Exploration Reports Historical Drill Results Ahead of Planned Phase I Drill Program
Corcel Exploration (OTCQB: CRLEF) summarized historical drilling and production at the 100%-owned Yuma King Project, Arizona, and outlined plans for a Phase I drill program. Historical mine production (1940–1963) totals 7,917 tonnes yielding 461,686 lbs Cu, 261 oz Au, and 5,371 oz Ag. Two past drilling campaigns (2006, 2011) comprise 21 holes and ~3,900 m, with highlighted intercepts such as 45.4 m @ 0.78% Cu, 0.53 g/t Au. Company reports at least 500 m down-dip and 1.6 km strike potential for Cu-Au skarn mineralization. Corcel plans maiden drilling, IP geophysics, hyperspectral mapping, and 3D data integration to refine targets.
Important note: a Qualified Person reviewed technical content but could not independently verify historical data.
Corcel Exploration (OTCQB: CRLEF) ha riassunto le trivellazioni storiche e la produzione al Progetto Yuma King, Arizona, interamente di proprietà al 100%, e ha delineato piani per un programma di trivellazione di Fase I. La produzione storica della miniera (1940–1963) ammonta a 7.917 tonnellate, fornendo 461.686 lb di Cu, 261 oz di Au e 5.371 oz di Ag. Due campagne di trivellazione passate (2006, 2011) comprendono 21 pozzi e circa 3.900 m, con intercetti evidenziati quali 45,4 m @ 0,78% Cu, 0,53 g/t Au. L’azienda riporta almeno 500 m di estensione in profondità verso il basso-dip e 1,6 km di potenziale di strike per la mineralizzazione skarn Cu-Au. Corcel pianifica trivellazioni maiden, geofisica IP, mappatura iperspettrale e integrazione di dati 3D per affinare i target.
Nota importante: una Persona Qualificata ha revisionato i contenuti tecnici ma non ha potuto verificare in modo indipendente i dati storici.
Corcel Exploration (OTCQB: CRLEF) resumió las perforaciones históricas y la producción del Proyecto Yuma King, Arizona, 100% propiedad, y describió los planes para un programa de perforación de Fase I. La producción minera histórica (1940–1963) totaliza 7.917 toneladas con 461.686 lb de Cu, 261 oz de Au y 5.371 oz de Ag. Dos campañas de perforación pasadas (2006, 2011) comprenden 21 hoyos y ~3.900 m, con interceptos destacados como 45,4 m a 0,78% Cu, 0,53 g/t Au. La compañía reporta al menos 500 m hacia abajo-dip y 1,6 km de potencial de strike para la mineralización de Cu-Au tipo skarn. Corcel planea perforación inicial, geofísica IP, mapeo hiperespectral y integración de datos 3D para refinar los objetivos.
Nota importante: una Persona Calificada revisó el contenido técnico pero no pudo verificar de forma independiente los datos históricos.
Corcel Exploration (OTCQB: CRLEF)는 애리조나 주의 Yuma King 프로젝트의 100% 소유 역사적 시추 및 생산을 요약하고, Phase I 시추 프로그램에 대한 계획을 개요했습니다. 역사적 광산 생산(1940–1963)은 총 7,917톤으로 461,686 lb Cu, 261 oz Au, 및 5,371 oz Ag를 산출합니다. 과거 두 차례의 시추 캠페인(2006, 2011)은 21개 구멍, 약 3,900 m를 구성하며, 45.4 m @ 0.78% Cu, 0.53 g/t Au와 같은 하이라이트 침투를 포함합니다. 회사는 Cu-Au 스카른 광상에 대해 200 m 이상 아래로 및 1.6 km의 스트라이크 잠재력을 보고합니다. Corcel은 초기 시추, IP 지구물리, 하이퍼스펙트럼 매핑 및 3D 데이터 통합을 통해 타깃을 다듬을 계획입니다.
중요 노트: 자격 있는 인원이 기술 내용을 검토했지만 과거 데이터의 독립적 확인은 수행할 수 없었습니다.
Corcel Exploration (OTCQB: CRLEF) a résumé les forages historiques et la production du projet Yuma King, Arizona, détenu à 100 % par la société, et a exposé les plans pour un programme de forage de phase I. La production minière historique (1940–1963) s’élève à 7 917 tonnes fournissant 461 686 lb Cu, 261 oz Au et 5 371 oz Ag. Deux campagnes de forage passées (2006, 2011) comprennent 21 puits et environ 3 900 m, avec des intercepts mis en avant tels que 45,4 m à 0,78 % Cu, 0,53 g/t Au. La société indique au moins 500 m vers le bas-dip et 1,6 km de potentiel de strike pour la minéralisation skarn Cu-Au. Corcel prévoit un premier forage, une géophysique IP, une cartographie hyperspectrale et une intégration de données 3D pour affiner les cibles.
Note importante : une Personne Qualifiée a revu le contenu technique mais n’a pas pu vérifier indépendamment les données historiques.
Corcel Exploration (OTCQB: CRLEF) fasste historische Bohrungen und Produktion beim zu 100 % im Eigentum befindlichen Yuma King-Projekt in Arizona zusammen und skizzierte Pläne für ein Phase-I-Bohrprogramm. Die historische Minenproduktion (1940–1963) beläuft sich auf 7.917 Tonnen und liefert 461.686 lb Cu, 261 oz Au und 5.371 oz Ag. Zwei frühere Bohrkampagnen (2006, 2011) umfassen 21 Bohrlöcher und ca. 3.900 m, mit hervorgehobenen Intercepts wie 45,4 m bei 0,78 % Cu, 0,53 g/t Au. Das Unternehmen meldet mindestens 500 m Down-Dip und 1,6 km Strike-Potenzial für Cu-Au-Skarn-Mineralisierung. Corcel plant Maiden-Bohrungen, IP-Geophysik, Hyperspektralabbildung und 3D-Datenintegration, um Ziele zu verfeinern.
Wichtiger Hinweis: Eine Qualified Person hat den technischen Inhalt geprüft, konnte historische Daten jedoch nicht unabhängig verifizieren.
Corcel Exploration (OTCQB: CRLEF) لخصت عمليات الحفر التاريخية والإنتاج في مشروع Yuma King الواقع في أريزونا، المملوك بنسبة 100٪، وحدّدت خطط لبرنامج حفر للمرحلة الأولى. الإنتاج المنجمي التاريخي (1940–1963) يبلغ 7,917 طن مع إنتاج 461,686 رطلاً من النحاس، 261 أوقية من الذهب و5,371 أوقية من الفضة. حملتان حفر سابقتان (2006، 2011) تضمّان 21 بئراً وبحوالي 3,900 م، مع اعمدة مثبّتة مثل 45.4 م عند 0.78% Cu، 0.53 g/t Au. وتُبلغ الشركة عن ما لا يقل عن 500 م باتجاه الأسفل-المائل و1.6 كم من إمكانات التمدد للتمعدن Cu-Au من نوع Skarn. تخطط Corcel لعمليات حفر أولية، وفيزياء جيومغناطيسية IP، ورسم خرائط فوق الطيف عالي الدقة، وتكامل بيانات ثلاثية الأبعاد لصقل الأهداف.
ملاحظة مهمة: راجع محتوى تقني من قبل شخص مؤهل، ولكنه لم يتمكن من التحقق بشكل مستقل من البيانات التاريخية.
Corcel Exploration (OTCQB: CRLEF) 总结了亚利桑那州Yuma King项目的历史钻探与生产，该项目100%为公司所有，并概述了第一阶段钻探计划。历史矿山生产(1940–1963)共计7,917 吨，产出461,686 lb 铜、261 oz 金、和5,371 oz 银。两次历史钻探行动(2006, 2011) 包含 21 个孔 与约 3,900 m，突出的矿段如 45.4 m @ 0.78% Cu, 0.53 g/t Au。公司报告至少500 m向下倾斜的延伸和1.6 km的条带潜力，用于Cu-Au 角砾石型矿化。Corcel计划进行初次钻探、IP地球物理、分光高光谱成像以及3D数据整合以优化靶区。
重要说明：一名合资格人员审阅了技术内容，但无法独立核实历史数据。
- Historical production: 7,917 tonnes mined (1940–1963)
- Historic recovered metal: 461,686 lbs Cu and 261 oz Au
- Highlighted intercept: 45.4 m @ 0.78% Cu, 0.53 g/t Au
- Historic drilling: 21 holes totaling ~3,900 m
- Demonstrated structural potential: >=500 m down-dip, 1.6 km strike
- Qualified Person unable to verify original historical drill data
- No NI 43-101 Mineral Resource estimate presented yet
- Planned Phase I drill program not yet commenced
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the "Company" or "Corcel") is pleased to provide a summary of the results of historical drilling conducted at the Yuma King mine, within the
The most recent historical exploration programs focused on the Yuma King mine and included two drilling campaigns conducted in 2006 from five drill sites (YK01, YK02, YK03, YK04, and YK06) and 19 drill holes, and 2011 (AV-1 and AV-21) (Figure 1). Over 3,900 metres have been drilled from 21 drill holes between the two programs. The 2006 drilling intersected significant oxidized copper skarn mineralization in the Yuma King mine area, successfully extending the mineralization up-dip and along strike from the mine workings (Figure 2). Skarn mineralization was intersected in all drill holes located near the mine with thicknesses ranging from 9.14m to 36.6m and with copper values between 0.2 to
Highlighted intervals2 from the historical drilling include:
- 45.4 metres of
0.78% Cu, 0.53 g/t Au, and 6.3 g/t Ag from 4.6 m in hole YK01-A - 36.9 metres of
0.62% Cu, 0.53 g/t Au, and 3.8 g/t Ag from 5.2 m in hole YK01-B - 24.4 metres of
0.74% Cu, 0.48 g/t Au, and 4.4 g/t Ag from 5.9 m in hole YK01-C - 30.8 metres of
0.55% Cu, 0.56 g/t Au, and 4.7 g/t Ag from 6.7 m in hole YK01-D3 - 27.4 metres of
0.14% Cu, 0.08 g/t Au, and 1.1 g/t Ag from 344.4 m in hole AV-1, a ~400m down-dip step-out from the historical Yuma King mine
Holes YK01-A, YK01-B, YK01-C, and YK01-D were located up-dip of the Yuma King mine, and hole AV-1, collared approximately 365m northeast of the historical mine workings, intersected the down-dip extension of the mineralization (Figure 3), demonstrating at least 500m of down-dip skarn potential. Dolomite, dolomite skarn, and marble skarn are the primary hosts of the copper and gold mineralization and are cut by moderately Cu-Au-Mo mineralized Jurassic porphyritic intrusions.
Figure 1: Map view of Yuma King mine area highlighting geological context (Reynolds et al., 1991), historical drill holes and mine workings, Au in soil geochemistry, and inferred exploration potential. Cross section locations (Figures 2 and 3) are shown in red.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/269398_96f9848fa46cdbde_001full.jpg
"The historical drilling at Yuma King demonstrates the strength and continuity of the copper-gold skarn system, with multiple holes intersecting broad zones of mineralization near the historical mine and extending over 760 metres to the east," commented CEO, Jon Ward. "Importantly, the work completed to date provides us with a strong foundation as we refine our upcoming drill program that will focus on testing extensions of the known skarn horizons with a potential strike length of 1.6 km, as well as related porphyry Cu-Au-Mo mineralization. The next phase of exploration at Yuma King will further unlock the broader potential for our shareholders."
Figure 2: Long Section view looking northeast, showing 1.6 km of Cu-Au skarn and replacement potential along strike.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/269398_96f9848fa46cdbde_002full.jpg
Figure 3: Cross Section view looking southeast showing demonstrated minimum 500m down-dip skarn potential.
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https://images.newsfilecorp.com/files/8415/269398_96f9848fa46cdbde_003full.jpg
The purpose of the planned upcoming drill program will be to confirm and extend the copper and gold mineralization in and around the Yuma King Mine area. Post-mineral deformation including fold repetition of the mineralized skarn-hosting units, and structural cover of these units, may have hidden compelling exploration targets. Some of these are highlighted by recent drone magnetic surveys which have the potential to image magnetic skarn mineralization (Figure 4; Corcel Exploration New Release July 28, 2025). Recent surface sampling has outlined Au in soil anomalies (Corcel Exploration News Release May 13, 2025) which point to further strike potential in the Yuma King mine area (Figures 1, 2, and 4).
Figure 4: Map view of the Yuma King mine area showing exploration potential highlighted by historical and recently acquired exploration data, notably that from Corcel's recent drone magnetic survey.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/269398_96f9848fa46cdbde_004full.jpg
Future Exploration Plans
Corcel is advancing preparations for its maiden drill program and is also planning for additional geophysical surveys, specifically Induced Polarization (IP), to further delineate subsurface targets in the nearby Three Musketeers area. In parallel, the team will initiate hyperspectral imaging to enhance alteration mapping and vectoring, while continuing the 3D integration of geological, geochemical, and geophysical datasets. These efforts are designed to refine the geological understanding of the project and generate additional strong drill targets.
Technical Disclosure
Roy 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 Corp. 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.
Investor Relations Engagements
Corcel has engaged ICP Securities Inc. ("ICP") (204 - 251 Queens Quay East, Toronto, Ontario, M5A 0X3; david@icpartners.ca; +1 (647) 873-8519) to provide automated market-making services, including use of its proprietary algorithm ICP Premium™, in compliance with the policies of the CSE and applicable securities legislation. ICP will receive a fee of C
The Company has also engaged Dig Media Inc., doing business as Investing News Network ("INN") (1200 - 736 Granville Street, Vancouver, BC, Canada V6Z 1G3; info@investingnewsnetwork.com; +1 (604) 688-8231) to provide advertising, profile generation, press release syndication, and lead generation services. The agreement, entered into on July 31, 2025, has a 13-month term for total consideration of C
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 Copper-Gold 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 Mine which saw underground production of copper, lead, gold and silver between 1940 and 1963. The Company also holds a
For further information, contact:
Jon Ward, CEO & Director
Email: info@corcelexploration.com
Tel: +1 (604) 355-0303
Caution Regarding Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable, and assumptions of management made in light of management's experience and perception of historical trends, current conditions and expected future developments. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements in this release include, but are not limited to, statements regarding the Company's planned Phase I drill program, the potential for extensions of mineralization, interpretations of historical exploration results, timing and success of exploration programs, and the potential discovery of additional mineralization. These forward-looking statements are based on a number of assumptions considered reasonable by the Company as of the date hereof, including assumptions regarding: the accuracy and reliability of historical results; geological interpretations; continuity of mineralization; availability of financing and personnel; future commodity prices; and general business and economic conditions.
Forward-looking statements are inherently 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, but are not limited to, risks inherent in mineral exploration, including unexpected results or outcomes; inability to obtain required permits or approvals; availability and cost of financing, labour and equipment; changes in commodity prices and foreign exchange rates; political, regulatory and environmental risks in the jurisdictions where the Company operates; community or social risks; and other risks described in the Company's continuous disclosure documents filed at www.sedarplus.ca. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Actual results may differ materially from those expressed or implied by forward-looking statements.
1AV-2 is located over 1.7km to the south of the Yuma King mine and is not addressed further here.
2Thicknesses reported are drilled thicknesses. True thicknesses remain uncertain due to wide drillhole spacing and evidence for deformation of the mineralization and host stratigraphy, but preliminary interpretations suggest they may be 60
3One high grade assay of 1510 g/t Ag has been capped at 50 g/t Ag for calculation of this composite based on visual inspection of the distribution of Ag grades in nearby drill holes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269398
FAQ
What historical production did Yuma King report and how much copper was produced?
What key historical drill intercepts support Corcel's Phase I targets at CRLEF?
How much historic drilling exists at Yuma King ahead of Corcel's planned program?
What is the mapped exploration footprint and depth potential at Yuma King for CRLEF?
What exploration work will Corcel carry out before or during its Phase I drill program?
Has Corcel verified the historical drill data used to plan the CRLEF drill program?
