Corcel secures US BLM approval for Yuma King Project

Core Insights - Corcel Exploration has received approval from the US Bureau of Land Management for the reclamation bond, enabling the commencement of activities at the Yuma King Project in Arizona [1][4] - The initial drilling program will cover approximately 1,500 meters across six to eight drill sites, focusing on copper and gold mineralization [1][5] - Historical drilling results in the area have shown significant intersections of 0.78% copper, 0.53 grams per tonne gold, and 6.3 grams per tonne silver over 45.4 meters [2] Project Details - The Yuma King Project spans 3,200 hectares and has potential for various mineralization styles, including copper-gold skarn and porphyry [6] - The initial drilling phase aims to explore both skarn/replacement and porphyry mineralization types, with the potential for expansion in multiple directions and depths [3] - A ground induced polarization (IP) geophysical survey has been initiated, covering ten line kilometers using a 2D pole-dipole method, focusing on key exploration targets [3][5] Strategic Importance - The approval of the reclamation bond is considered a significant milestone for the company, allowing for site preparation and drilling to advance the Yuma King Project [4] - The combination of the drilling program and the IP survey is expected to enhance the understanding of the mineralization potential across the property [5]