Yuma King Underground Operations Remain Open For Expansion

KELOWNA, BC - Corcel Exploration Inc. reported on the Yuma King Copper-Gold Project in La Paz County, Arizona. The Yuma King Project 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 Yuma King Project is located in Arizona, a well-established mining region with extensive infrastructure, access to roads, power, and in a district that hosts over 70 registered historical mines and deposits.

Previous drilling programs confirmed significant copper-gold skarn mineralization at the Yuma Mine, including recent core drilling over 12,809 feet of diamond drilling completed across 21 drill holes. Drilling also identified the potential presence of a deeper copper-molybdenum-gold porphyry system. The Yuma King Project hosts multiple mineralization styles, including skarn and replacement-style copper-gold mineralization and structurally hosted gold deposits.

Corcel has recently filed an independent technical report for the Yuma King Property, which includes a comprehensive review of historical exploration data, geological interpretations and recommendations for further work. The Company will focus on advancing near-surface copper-gold skarn targets, delineating vectors to the source porphyry system(s), and prioritizing drill targets through geophysical surveys, geochemical sampling, and additional drilling to further define the Yuma King Project's district-scale potential.

"We believe the Yuma King project represents a tremendous opportunity for Corcel Exploration," stated Director Jon Ward. "The Yuma Mine's underground workings remain open for expansion, with multiple untested skarn targets presenting significant upside potential. Past drilling has also identified the presence of an untested copper-molybdenum-gold porphyry system warranting further investigation. The combination of high-grade copper-gold skarn mineralization and the potential for a deeper porphyry system positions this project as a key asset in our portfolio. With a well-defined exploration strategy and strong technical expertise, we are excited to unlock the full potential of this historic mining district."