Corcel Exploration Inc. today announced that it has commenced a high-resolution drone-based airborne magnetic survey over its 100%-owned Yuma King Project in west-central Arizona. The high-resolution magnetic survey is designed to advance geological understanding and support the next phase of drill targeting at the Yuma King Project. Focused on delineating features related to mineralization, alteration, and structure, the [...]
Corcel Exploration Inc. 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 [...]
Corcel Exploration Inc. today announced the appointment of Dr. Jesus Velador to the Board of Directors, replacing Stephen Dunn. The company would like to thank Mr. Dunn for his guidance and valuable contributions during his time leading Corcel Exploration and wish him continued success in his future endeavors. Dr. Velador has over 25 years of experience in exploration of epithermal, skarn, replacement, and porphyry [...]
Corcel Exploration Inc. announces that it has appointed Mr. Jon Ward as its Chief Executive Office, replacing Steven Dunn effective immediately. The Company would like to thank the outgoing CEO, Steven Dunn, for his leadership and contributions during his tenure and looks forward to his continued involvement as a member of the Board of Directors. Mr. Ward, a current Director of Corcel Exploration, is a highly accomplished [...]
Corcel Exploration Inc. announces that it has closed its previously announced non-brokered private placement issuing 9,560,000 units at a price of $0.15 per Unit for gross proceeds of CAD$1,434,000.00. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at a price of $0.30 per Warrant Share for a period [...]
Corcel Exploration Inc. today announced a non-brokered private placement of up to 5,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $750,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at a price of $0.30 per Warrant Share until the date which is 24 months following [...]
Corcel Exploration is pleased to provide an update on its Yuma King Copper-Gold Project. The Yuma King Project spans a district-scale land position of 3,200 ha 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. Highlights: Strategic Location & Infrastructure - The [...]
Corcel Exploration Inc. announced the appointment of Jon Ward to the Board of Directors replacing Patrick Morton. Mr. Ward is a highly accomplished investor relations and capital markets professional with extensive experience in the development and communication of corporate strategy to the financial markets, stakeholder relations, and business development. Mr. Ward is the current Head of Corporate Communications for [...]
Corcel Exploration is pleased to announce that, further to its news release dated Dec 19, 2024, it has completed the acquisition of 100% of the issued and outstanding securities of CuQuest Resources, pursuant to the terms of a share exchange agreement dated Dec 19, 2024 between the Company, CuQuest and the shareholders of CuQuest. In connection with the Acquisition, the Company issued an aggregate of 15,000,000 common [...]
Corcel Exploration is pleased to announce that it has appointed Mr. Kyle Nazareth of Branson Corporate Services as its Chief Financial Officer effective Sept 26, 2024. Mr. Nazareth brings over a decade of experience in managing public companies, advising on capital market transactions, and providing financial stewardship. As the Chief Financial Officer of Toronto-based Branson Corporate Services, he provides, on a [...]
Corcel Exploration Inc. is pleased to announce that it has acquired the Willow Copper Property in British Columbia, Canada . The Property is located in the Omineca Mining Division of north-central British Columbia, approximately 4 kilometres southeast of the Sustut Copper Deposit, now held by Imperial Metals Inc. . Willow consists of a single, fully contiguous claim block totalling approximately 1,160 hectares, and was [...]
Corcel Exploration Inc. is pleased to announce that it has reached a binding agreement with Chrisopher R. Paul and Oliver Friesen to amend the terms of the letter agreement dated August 4, 2020 between the Company and the Optionors , relating to the Peak Mineral Property in British Columbia, Canada . Under the Option Agreement, the Company had to incur an aggregate of $250,000 in exploration expenses on the Property [...]