Corcel Exploration Appoints New Director

Company Announcement - Corcel Exploration Inc. has appointed Thy Truong to the Board of Directors, replacing Oliver Friesen, effective immediately [1] - The company expresses gratitude to Mr. Friesen for his contributions during his tenure [1] New Board Member Profile - Thy Truong is a Chartered Professional Accountant with over ten years of experience in public accounting and the mining industry [2] - Currently, she serves as Director of FP&A, Tax, and Internal Controls at Vizsla Silver Corp. and CFO of Tarachi Gold Corp. [2] - She graduated Magna Cum Laude with a bachelor's degree in business administration from Fairleigh Dickinson University and participated in the Global Scholar Program [2] CEO's Statement - Jon Ward, CEO of Corcel, welcomes Thy Truong, highlighting her technical accounting background and proven track record in financial planning and governance [3] - Her experience in public accounting and resource companies is expected to be invaluable for advancing the Yuma King copper-gold asset in Arizona [3] Stock Options - Corcel has granted 200,000 incentive stock options exercisable at $0.22 for a period of 5 years, in accordance with its stock option plan [3] Company Overview - Corcel Exploration Inc. is engaged in the acquisition and exploration of precious and base metals properties throughout North America [4] - The company has a long-term lease agreement for the Yuma King Copper-Gold project in Arizona, covering 3,200 hectares with 515 unpatented federal mining claims [4] - The Yuma Mine, part of this project, produced copper, lead, gold, and silver from 1940 to 1963 [4] - Corcel also holds an option to acquire a 100% interest in the Peak gold exploration project and has a 100% interest in the Willow copper project [4]