Corcel Outlines Phase 2 Drill Program at the Yuma King Critical Minerals Project, Arizona

(CSE:CRCL, OTCQB:CRLEF, FSE:Y67) Corcel Exploration Inc. has announced plans for its upcoming Phase 2 drill program at the Yuma King Project in west-central Arizona. The Phase 2 program will include over 3,500 metres of drilling, targeting three high-priority exploration zones beyond the historic Yuma King mine area: YK North, YK West, and Three Musketeers. The drilling is designed to systematically evaluate untested targets for skarn-related copper-silver-gold and tungsten mineralization. The YK North target is located 1.0 km northwest of the Yuma King mine and features a 500-metre high-conductivity zone with gold-copper soil anomalies. The YK West target, 1.2 km southwest of the mine, is characterized by magnetite-rich skarn, gold-in-soil anomalies, elevated copper in rock-chip samples, and a high-chargeability anomaly. The Three Musketeers target, 1.8 km west of the mine, contains coincident high-resistivity and magnetic-low geophysical anomalies, strong gold-copper soil anomalies (with samples up to 1.47 g/t Au and 10,750 ppm Cu), and rock-chip samples up to 17.15 g/t Au and 11.6% Cu. Tungsten showings at Three Musketeers include rock samples up to 19.15% WO3. The Phase 2 program builds on Phase 1 results, which included 56.65 meters of 1.07% Cu, 0.79 g/t Au, and 7.1 g/t Ag in drill hole YK26-001. Additional geophysical surveys are planned around the historic mine to vector toward a potential underlying porphyry source. Corcel has also entered into a 12-month media services agreement with Market One Media Group, commencing October 21, 2026 and expected to conclude in September 2027. Market One will provide editorial, video, and digital media services, including content on platforms such as BNN Bloomberg, for a fee of C$95,000 plus applicable GST. Market One will not receive any securities or options as compensation, and is arm's length to Corcel. The Yuma King project covers 3,200 hectares with 515 unpatented federal mining claims in the Ellsworth Mining District, including the past-producing Yuma King Mine. Roy Greig, Ph.D., P.Geo., an advisor to Corcel, has reviewed and approved the technical disclosure in this release.