Corcel Exploration (CSE:CRCL) has confirmed copper-gold mineralisation across a 900m strike length at its Yuma King Project in Arizona, US, following results from two step-out drill holes.
Drill hole YK26-002, located 45m east of previous hole YK26-001, returned 40.25m of 0.52% copper (Cu), 0.4 grams per tonne gold (Au), 4.49g/t silver (Ag), and 85 parts per million (ppm) molybdenum (Mo) from 30m downhole.
The interval includes 8.75m of 0.74% Cu and 0.46g/t Au from 44.25m, and 15.85m of 0.70% Cu and 0.59g/t Au from 54.4m.
Drill hole YK26-003, positioned 350m west of YK26-001, intersected 32m of 0.17% Cu and 0.04g/t Au from 25m downhole, including 9m of 0.25% Cu and 0.09g/t Au from 33m.
“These results demonstrate continuity of copper-gold skarn mineralisation across a broader footprint than previously recognised,” CEO Jon Ward says.
“Hole YK26-03 confirmed mineralisation 350m west of Hole YK26-01, while Hole YK26-02 extended the higher-grade oxide skarn eastward.”
Phase one drilling totalled 1,087m across six drill holes, testing more than 500m of strike length. Results remain pending from three additional holes.
YK26-002 intersected copper oxides hosted in skarn and replacement-style mineralisation.
The hanging wall monzonite porphyry shows strong copper, gold, and molybdenum anomalism, indicating connection to a potentially more expansive porphyry-style mineralised system.
YK26-003 targeted a magnetic anomaly to the north, with mineralisation tenor similar to historical drill hole AV-1, which encountered 27.4m of 0.14% Cu over 400m north of YK26-001.
Drilling results indicate the mineralised system continues north and northwest toward the recently identified North Skarn target.
Ward says the mineralisation remains largely open to the north under cover toward the North Skarn target, with plans to test this target and two other untested copper-gold targets in a future drill program.
Corcel Exploration is a US-focused copper-gold explorer advancing the Yuma King project in Arizona’s Ellsworth Mining District.
Write to JC Villarba at Mining.com.au
Images: Corcel Exploration
