Corcel Exploration Identifies High-Grade Copper and Gold Zones with up to 11.60% Copper and 17.15 g/t Gold from Surface Sampling at Yuma King, Arizona and Announces Agreements

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Corcel Exploration Inc. (CSE: CRCL) (the "Company" or "Corcel") today announces the discovery of multiple high-grade copper and gold zones as part of its inaugural Phase 1 exploration program at the Yuma King Project in Arizona. Results include rock samples grading up to 11.60% copper and 17.15 g/t gold, and soil anomalies outlining a 1.2 km mineralized corridor around the historic Yuma King deposit.

Highlights:

• Comprehensive surface sampling program: The program consisted of 2,263 soil and 303 rock samples over a 20 km² area around the Yuma King Mine and represents the first systematic property-scale soil and rock sampling survey to be conducted on the property.
• High-grade copper and gold in rock samples: Assays up to 11.60% Cu (copper) and 17.15 g/t Au (gold) from outcrop confirm strong mineralization across multiple target areas.
• Large-scale soil anomalies defined: Soil geochemistry defines a 1.2 km Cu-Au-Mo anomaly around the Yuma King Mine, plus new targets west of the mine.
• Untested target potential: Historic workings and anomalous results in the YK West area suggest the presence of unrecognized porphyry-skarn systems.
• New gold zone discovery: A distinct 400-metre-long gold trend, with assays up to 6.12 g/t Au, has been identified in pyrite-bearing quartzite, previously unreported in historic documents.
• Preparation for Phase 2 underway: Crews will mobilize shortly for Phase 2 exploration, which will include drone magnetics and detailed follow-up mapping to refine drill targets.

"The first systematic sampling program at Yuma King marks an important step in unlocking the project's potential," commented, Jon Ward, CEO of Corcel Exploration. "The results have highlighted high-grade copper and gold rock mineralization and large-scale soil anomalies across the project and uncovered a new gold zone. Having demonstrated the strength and scale of mineralization across multiple targets, including the past producing Yuma King Mine and new, relatively unexplored porphyry-skarn and gold zones. We are now preparing for Phase 2 of exploration, which will provide the additional data we need to define drill targets."