Corcel intercepts skarn copper-gold mineralization expanding 900m strike at Yuma King, Arizona

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2026) - Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the " Company " or " Corcel ") is pleased to announce assay results from two drill holes from the recently completed Phase I drill program at the Yuma King Project (the " Project ") located in west-central Arizona. Drill hole YK26-002 intersected skarn-hosted copper-gold mineralization from a 45-metre step-out to the east of drill hole YK26-001, while YK26-003 intersected skarn-hosted copper-gold mineralization from a 350-metre step-out to the west of drill hole YK26-001. Drill hole YK26-001 previously intersected 56.65 metres of 1.07% Cu, 0.79 g/t Au, 7.1 g/t Ag, and 180 ppm Mo (see news release dated June 1, 2026).

Results are pending from three additional drill holes. The Phase I drill program totaled 1,087 metres across six drill holes and tested more than 500 metres of strike-length. Highlights Known mineralized strike length increased by 350 metres, to approximately 900 metres.

Results include: YK26-002: 40.25 metres of 0.52% Cu, 0.40 g/t Au, 4.49 g/t Ag, and 85 ppm Mo 1 starting at 30 metres downhole, including, 8.75 metres of 0.74% Cu, 0.46 g/t Au, 3.72 g/t Ag, and 46 ppm Mo from 44.25 metres downhole and including, 15.85 metres of 0.70% Cu, 0.59 g/t Au, 8.1 g/t Ag, and 152 ppm Mo from 54.4 metres downhole YK26-003: Intersected Cu-Au mineralization in a 350 m step-out to the west 32 metres of 0.17% Cu, 0.04 g/t Au, 2.47 g/t Ag, and 25 ppm Mo 1 starting at 25 metres downhole, including, 9 metres of 0.25% Cu, 0.09 g/t Au, 3.5 g/t Ag, and 24 ppm Mo from 33 metres downhole and including, 7.33 metres of 0.29% Cu, 0.04 g/t Au, 4.2 g/t Ag, and 36 ppm Mo from 46.6 metres downhole Drill results support a large mineralized footprint : Drill results from YK26-002 and YK26-003 build on historical drill results and