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Corcel Expl Inc Stock Price, News & Analysis

CRLEF OTC

Welcome to our dedicated page for Corcel Expl news (Ticker: CRLEF), a resource for investors and traders seeking the latest updates and insights on Corcel Expl stock.

Corcel Exploration Inc. (CRLEF, CSE: CRCL) generates news primarily through updates on its mineral exploration activities and corporate developments. The company describes itself as a mineral resource explorer focused on the acquisition and exploration of precious and base metals properties across North America, with its flagship Yuma King Copper-Gold project in Arizona providing much of the technical and operational news flow.

Investors following Corcel’s news can expect detailed releases on exploration programs at Yuma King, including historical drill result summaries, planned drill campaigns, and results from geophysical and geochemical surveys. The company has reported copper-gold skarn and porphyry-style targets around the historical Yuma King Mine and has outlined Phase 1 drilling plans, Induced Polarization surveys, hyperspectral work and surface sampling designed to refine targets and test extensions of known mineralization.

Corcel’s news stream also highlights the historical presence of tungsten and graphite at Yuma King, based on legacy mining and exploration data that the company is compiling and evaluating. These updates describe how historical datasets are being integrated into the broader geological model to assess whether critical mineral systems warrant further exploration alongside copper and gold.

Beyond project-level updates, Corcel issues news on financings, stock option grants, and market-related milestones such as its listing on the OTCQB marketplace in the United States. Corporate announcements, including the appointment of a new Chief Financial Officer and Corporate Secretary, provide additional context on the company’s governance and management structure. Readers of the Corcel Exploration news page can use this information to track how the company advances its exploration strategy, funds its work programs, and manages its public company obligations.

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Corcel Exploration (OTCQB: CRLEF) reported results from a 10 line-km induced polarization (IP) survey at the Yuma King Project, Arizona, covering Yuma King West, Yuma King Mine and Three Musketeers targets. Key outcomes include a new YK North Skarn resistivity target, strong chargeability anomalies at YK West (>250 m interpreted source), and near-surface resistive zones at Three Musketeers correlated with high Au and Cu in soils and rocks. A Qualified Person reviewed the technical content but could not verify historical data, which the company says is believed accurate for guiding future exploration.

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Corcel Exploration (OTCQB: CRLEF) has begun a Phase 1 diamond drill program at the Yuma King Project in Arizona and completed a 10 line-kilometre 2D pole-dipole induced polarization (IP) survey. The fully permitted program targets approximately 1,500 metres across 6–8 pads to test skarn and porphyry copper-gold mineralization and step-out targets. Data processing and IP interpretation are underway to refine drill targets; the Qualified Person reviewed technical content but could not verify historical data due to inaccessible original records.

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Corcel Exploration (OTCQB: CRLEF) received formal acceptance of its reclamation bond from the U.S. Bureau of Land Management for the Yuma King project, authorizing site preparation and drilling.

The company plans a ~1,500-metre diamond core program across 6–8 pads, targeting copper-gold skarn and porphyry mineralization, and has commenced a 10-line km 2D pole-dipole IP survey to refine drill targets. Historical drilling reported 0.78% Cu, 0.53 g/t Au, 6.3 g/t Ag over 45.4 m, though the Qualified Person could not independently verify the original data.

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Corcel Exploration (OTCQB: CRLEF) appointed Thy Truong to its Board of Directors, replacing Oliver Friesen effective February 17, 2026. Ms. Truong is a Chartered Professional Accountant with 10+ years in public accounting and mining finance and currently holds senior finance roles at Vizsla Silver and Tarachi Gold.

The company granted 200,000 incentive stock options exercisable at $0.22 for five years under its stock option plan. Management highlighted Truong's expertise in financial planning, governance, and internal controls as supportive for advancing the Yuma King copper-gold asset in Arizona.

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Corcel Exploration (OTCQB: CRLEF; CSE: CRCL) appointed Grant Tanaka as Chief Financial Officer effective January 15, 2026, replacing Kyle Nazareth. Mr. Tanaka brings over 15 years of financial leadership in the mining sector, currently serving as CFO of Vizsla Royalties and Vizsla Copper and with prior senior roles at Ma'aden Gold & Base Metals, Teck Resources, New Gold, Copper Mountain and Bisha Mining.

Corcel also granted 2,220,000 stock options to directors, officers, employees and consultants, exercisable at $0.265 per share until January 15, 2031, with immediate vesting.

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Corcel Exploration (OTCQB:CRLEF) closed a non-brokered private placement on December 4, 2025, issuing 11,681,798 Units at CAD$0.18 each for gross proceeds of CAD$2,102,723.64. Each Unit includes one common share and one-half of a warrant. The Company issued one whole warrant per two Units, exercisable at $0.30 until 24 months after closing, subject to an acceleration clause if the 10-day VWAP reaches $0.40. Net proceeds are intended for exploration at the Yuma King Project, Arizona, and working capital. The Company paid CAD$67,459.56 in finders fees and issued 374,775 finders warrants exercisable at $0.30 until December 2, 2027. Securities are subject to hold period expiring April 3, 2026 and are not registered in the United States.

Corporate update: Rosana Batista appointed Corporate Secretary, effective immediately, with 20+ years of administrative and governance experience and nine years as corporate secretary at a public company.

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Corcel Exploration (OTCQB: CRLEF) reported identification of historical tungsten and graphite occurrences at its 100%‑owned Yuma King Project, Arizona, based on prior mining records, drilling logs and assays that the company has not independently verified.

Key data include historic assays up to 19.15% WO3, tungsten-bearing structures over ~5 km², a graphite intercept of ~150 m with a 25 m zone of high carbon confirmed by Raman spectroscopy, and broad tungsten soil anomalies from 2024 sampling. No modern resource evaluation has been completed and the QP was unable to verify original historical records.

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Corcel Exploration (OTC:CRLEF) announced a Phase 1 maiden drill program at its 100%‑owned Yuma King Project in west‑central Arizona, planned for winter 2025. The program comprises approximately 2,000 metres of diamond core over ~8–10 holes targeting skarn and porphyry Cu‑Au mineralization around the historic Yuma King Mine.

The company also plans an 8.5‑line kilometre IP survey (imaging to ~400 m), hyperspectral mapping, geological mapping, and surface geochemistry to refine targets. Historical highlights cited include 0.78% Cu, 0.53 g/t Au and 6.3 g/t Ag over 45.4 m. A Qualified Person reviewed technical content but could not verify historical data due to inaccessible original records.

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Corcel Exploration (OTCQB: CRLEF) summarized historical drilling and production at the 100%-owned Yuma King Project, Arizona, and outlined plans for a Phase I drill program. Historical mine production (1940–1963) totals 7,917 tonnes yielding 461,686 lbs Cu, 261 oz Au, and 5,371 oz Ag. Two past drilling campaigns (2006, 2011) comprise 21 holes and ~3,900 m, with highlighted intercepts such as 45.4 m @ 0.78% Cu, 0.53 g/t Au. Company reports at least 500 m down-dip and 1.6 km strike potential for Cu-Au skarn mineralization. Corcel plans maiden drilling, IP geophysics, hyperspectral mapping, and 3D data integration to refine targets.

Important note: a Qualified Person reviewed technical content but could not independently verify historical data.

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Corcel Exploration (CSE: CRCL) (OTCQB: CRLEF) has commenced trading on the OTCQB marketplace, a U.S. trading platform operated by OTC Markets Group Inc. The company will maintain its existing listing on the Canadian Securities Exchange under CRCL.

CEO Jon Ward highlighted that this OTCQB listing represents a strategic move to enhance visibility and accessibility for U.S. investors. The listing is expected to improve liquidity, expand the shareholder base, and increase the company's presence in the U.S. investment market.

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FAQ

What is the current stock price of Corcel Expl (CRLEF)?

The current stock price of Corcel Expl (CRLEF) is $0.09665 as of May 4, 2026.