Business
Corcel Exploration Announces Grant of Permit and Commencement of IP Survey at Yuma King Project
Vancouver, 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.
About this update from Corcel Plc
[{"type":"text","content":"Vancouver, 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.","length":395,"tagName":"p"},{"type":"text","content":"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.","length":601,"tagName":"p"},{"type":"text","content":"The objectives of the 2026 drill program are to:","length":48,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Confirm historical drill results","length":32,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Expand Cu-Au mineralization along strike and down dip at the Yuma King Mine","length":75,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Identify new zones of high-grade Cu-Au mineralization","length":53,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":160,"olType":false},{"type":"text","content":"Initial 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.","length":186,"tagName":"p"},{"type":"text","content":"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.","length":231,"tagName":"p"},{"type":"text","content":"The IP survey is designed to transect target areas where alteration and mineralization are exposed through windows in thin structural cover. The hi...