C3 Metals Further Expands Khaleesi Copper-Gold Mineralization in Peru Latest Rock Samples Return up to 1.80% Copper, 4.4 g/t Gold, and 403 ppm Molybdenum
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF) has announced promising results from its Khaleesi copper-gold project in Southern Peru. Recent rock chip samples revealed up to 1.80% copper, 4.4 g/t gold, and 403 ppm molybdenum. The project, spanning over 30,000 hectares, is strategically located within 45km of major copper mines Las Bambas and Constancia.
The mapping identified an extensive zone of skarn measuring 1,200 by 1,000 meters, with epithermal quartz breccias and veins mapped over 2,000 meters. The company has initiated a grid-based soil sampling program and plans geophysical surveys in Q1 2025, including Induced Polarization, Ground Magnetic, and MT/AMT surveys covering 45.5-line kilometres.
The Khaleesi project features an alteration footprint of 1,500m by 1,000m and represents an undrilled Tier-1 exploration target in an established copper mining belt. The site is approximately 8km west of the Company's Jasperoide Project, which has a Measured and Indicated Mineral Resource of 51.9 million tonnes at 0.50% copper and 0.20 g/t gold.
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF) ha annunciato risultati promettenti dal suo progetto di rame-oro Khaleesi nel sud del Perù. Recenti campioni di roccia hanno rivelato fino all'1,80% di rame, 4,4 g/t di oro e 403 ppm di molibdeno. Il progetto, che si estende su oltre 30.000 ettari, è strategicamente situato a 45 km dalle principali miniere di rame Las Bambas e Constancia.
La mappatura ha identificato un'ampia zona di skarn che misura 1.200 per 1.000 metri, con brecce e vene di quarzo epithermale mappate su oltre 2.000 metri. L'azienda ha avviato un programma di campionamento del suolo basato su una griglia e prevede sondaggi geofisici nel primo trimestre del 2025, inclusi sondaggi di Polarizzazione Indotta, Magnetico di Terreno e sondaggi MT/AMT che coprono 45,5 chilometri lineari.
Il progetto Khaleesi presenta un'impronta di alterazione di 1.500m per 1.000m e rappresenta un obiettivo di esplorazione di livello 1 non perforato in una cintura mineraria di rame consolidata. Il sito si trova a circa 8 km a ovest del Progetto Jasperoide dell'azienda, che ha una Risorsa Minerale Misurata e Indicata di 51,9 milioni di tonnellate con uno 0,50% di rame e 0,20 g/t di oro.
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF) ha anunciado resultados prometedores de su proyecto de cobre-oro Khaleesi en el sur de Perú. Muestras recientes de roca revelaron hasta un 1.80% de cobre, 4.4 g/t de oro y 403 ppm de molibdeno. El proyecto, que abarca más de 30,000 hectáreas, está estratégicamente ubicado a 45 km de las principales minas de cobre Las Bambas y Constancia.
El mapeo identificó una extensa zona de skarn que mide 1,200 por 1,000 metros, con brechas y venas de cuarzo epithermal mapeadas en más de 2,000 metros. La compañía ha iniciado un programa de muestreo de suelo basado en una cuadrícula y planea realizar encuestas geofísicas en el primer trimestre de 2025, incluyendo Polarización Inducida, Magnética de Tierra y encuestas MT/AMT que cubren 45.5 kilómetros lineales.
El proyecto Khaleesi presenta una huella de alteración de 1,500m por 1,000m y representa un objetivo de exploración de primer nivel no perforado en una franja de minería de cobre establecida. El sitio se encuentra aproximadamente a 8 km al oeste del Proyecto Jasperoide de la compañía, que tiene un Recurso Mineral Medido e Indicado de 51.9 millones de toneladas con un 0.50% de cobre y 0.20 g/t de oro.
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF)는 페루 남부의 Khaleesi 구리-금 프로젝트에서 유망한 결과를 발표했습니다. 최근 암석 샘플에서 최대 1.80%의 구리, 4.4 g/t의 금, 403 ppm의 몰리브덴이 발견되었습니다. 이 프로젝트는 30,000헥타르가 넘는 면적을 차지하며, 주요 구리 광산인 Las Bambas와 Constancia에서 45km 떨어진 전략적인 위치에 있습니다.
지도 작성 결과, 1,200m x 1,000m 크기의 광범위한 스카른 지역이 확인되었으며, 2,000m 이상에 걸쳐 에피테말 석영 브레시아와 맥이 발견되었습니다. 회사는 그리드 기반의 토양 샘플링 프로그램을 시작하였고, 2025년 1분기에는 유도 극성화, 지상 자기, MT/AMT 조사 등으로 45.5km의 선을 포함한 지구물리학적 조사를 실시할 계획입니다.
Khaleesi 프로젝트는 1,500m x 1,000m의 변화 발자국을 특징으로 하며 정식 드릴링이 이루어지지 않은 Tier-1 탐사 목표를 나타냅니다. 사이트는 회사의 Jasperoide 프로젝트에서 약 8km 서쪽에 위치하며, 이는 구리 0.50% 및 금 0.20 g/t로 51.9 million 톤의 측정 및 지시 자원 범위를 갖고 있습니다.
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF) a annoncé des résultats prometteurs provenant de son projet de cuivre-or Khaleesi dans le sud du Pérou. Des échantillons récents de roche ont révélé jusqu'à 1,80 % de cuivre, 4,4 g/t d'or et 403 ppm de molybdène. Le projet, qui s'étend sur plus de 30 000 hectares, est stratégiquement situé à 45 km des principales mines de cuivre Las Bambas et Constancia.
La cartographie a identifié une vaste zone de skarn mesurant 1 200 par 1 000 mètres, avec des brèches et des veines de quartz épithermal mappées sur plus de 2 000 mètres. L'entreprise a lancé un programme d'échantillonnage du sol basé sur une grille et prévoit des études géophysiques au premier trimestre 2025, y compris des études de polarisation induite, de magnétisme terrestre et des études MT/AMT sur 45,5 kilomètres linéaires.
Le projet Khaleesi présente une empreinte d'altération de 1 500 m par 1 000 m et représente un objectif d'exploration de niveau 1 non foré dans une ceinture minière de cuivre établie. Le site est situé à environ 8 km à l'ouest du projet Jasperoide de la société, qui dispose d'une ressource minérale mesurée et indiquée de 51,9 millions de tonnes avec 0,50 % de cuivre et 0,20 g/t d'or.
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF) hat vielversprechende Ergebnisse aus seinem Khaleesi Kupfer-Gold-Projekt im Süden Perus bekannt gegeben. Aktuelle Gesteinsproben zeigten bis zu 1,80 % Kupfer, 4,4 g/t Gold und 403 ppm Molybdän. Das Projekt erstreckt sich über mehr als 30.000 Hektar und ist strategisch günstig gelegen, nur 45 km von den großen Kupferminen Las Bambas und Constancia entfernt.
Die Kartierung identifizierte eine umfangreiche Skarnzone mit den Abmessungen 1.200 mal 1.000 Meter, wobei epithermale Quarzbrekzien und Adern über mehr als 2.000 Meter kartiert wurden. Das Unternehmen hat ein bodenbasiertes Probenahmeprogramm initiiert und plant geophysikalische Untersuchungen im ersten Quartal 2025, einschließlich induzierte Polarisation, bodenmagnetische und MT/AMT-Untersuchungen über 45,5 Linienkilometer.
Das Khaleesi-Projekt weist einen Alterationsfußabdruck von 1.500 m mal 1.000 m auf und stellt ein unerkundetes Tier-1-Explorationsziel in einem etablierten Kupferbergbaugebiet dar. Die Anlage befindet sich etwa 8 km westlich des Jasperoide-Projekts des Unternehmens, das über eine abgewogene und angezeigte Mineralressource von 51,9 Millionen Tonnen mit 0,50 % Kupfer und 0,20 g/t Gold verfügt.
- High-grade mineral content with samples showing up to 1.80% copper, 4.4 g/t gold, and 403 ppm molybdenum
- Strategic location within 45km of major copper mines Las Bambas and Constancia
- Large mineral concession package of over 30,000 hectares
- Extensive mineralization zone with skarn measuring 1,200 by 1,000 meters
- Proximity to Jasperoide Project with significant existing mineral resources
- Project is currently in early exploration phase with no drilling completed
- Presence of glacial till covering parts of the mineralization, potentially complicating exploration
Toronto, Ontario--(Newsfile Corp. - January 8, 2025) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce results from a recently completed surface mapping and rock sampling program at its highly promising Khaleesi copper-gold project in Southern Peru. Ongoing surface mapping and sampling continues to expand the previously identified skarn, porphyry and epithermal vein copper-gold mineralization. The most recent batch of rock chip samples from the Company's mapping and rock sampling program returned up to
Khaleesi represents a rare opportunity to explore an undrilled copper-gold mineralized skarn, epithermal and porphyry prospect on the world-class Andahuaylas-Yauri Porphyry-Skarn belt. The Company has strategically amalgamated a significant mineral concession package of over 30,000 hectares within 45km of the large Las Bambas (MMG) and Constancia (Hudbay Minerals) copper mines. Several major and intermediate mining companies hold mineral concessions surrounding C3 Metals' package and in the district (Figure 1).
Dan Symons, President and CEO, stated, "With an alteration footprint spanning 1,500m by 1,000m, the Khalessi porphyry, epithermal and skarn copper-gold prospect rates as a Tier-1 undrilled exploration target in an established, world-class copper mining belt. We are in a unique position having consolidated a large, strategic mineral concession package ahead of the recent activity by larger companies. Khaleesi was staked by our exploration team and now is amongst our highest priority geologic targets. After completing the mapping and rock sampling program, we shifted to a grid-based soil geochemical sampling program. This will be followed by a geophysical program January through March 2025, so that we have a full geochemical and geophysical data set in advance of a maiden drill program."
Highlights of Recent Mapping and Sampling Program at Khaleesi
Diorite dykes containing chalcopyrite and chrysocolla, malachite, azurite mineralization.
Rock chips assayed up to
0.50% copper, 0.34 g/t gold and 403 ppm molybdenum.
Prograde and retrograde skarn mapped over a 1,200m by 1,000m area.
Rock chips assayed up to
0.26% copper and 0.48 g/t gold.
Meter-scale epithermal veins containing bornite-chalcopyrite mineralization.
Rock chips assayed up to
1.80% copper, 29.6 g/t silver and 4.4 g/t gold.
Large prospective area is partially covered by thin glacial till. Grid-based soil sampling campaign is underway.
Induced Polarization, Ground Magnetic and MT/AMT geophysical surveys are planned to commence in January 2025.
Khaleesi is approximately 8km west of the Company's Jasperoide Project and is similarly located along a northwest trending copper-gold mineralized corridor. At Jasperoide, the Company identified 13 skarn prospects. Montana de Cobre ("MCZ") is the only one of these skarns the Company has systematically drill tested. MCZ has a near surface Measured and Indicated Mineral Resource of 51.9 million tonnes at
Figure 1: Regional map showing C3 Metals' mineral concession package in relation to other large-scale operations, development projects and exploration projects.
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Mapping and sampling at Khaleesi have confirmed an extensive zone of prograde and retrograde skarn that measures 1,200 metres by 1,000 metres and remains open in multiple directions. Retrograde magnetite skarn is locally intensely mineralized with chalcopyrite and bornite sulphides (Figure 2). Epithermal quartz breccias and veins have been mapped along strike for over 2,000 metres and contain bornite, chalcopyrite and pyrite mineralization. These veins locally crosscut the skarn. Porphyry-style alteration and mineralization occurs in diorite dykes (up to 25-metres wide) and stocks in the eastern prospect area and along the batholith contact (Figure 3). The diorite and associated copper mineralization in the central prospect area are covered by glacial till varying in thickness from 2 to 15 metres. The diorite outcrops on both the western and eastern side of this glacial till. Geochemical and geophysical data collection will be important to understand the potential for a mineralized porphyry system beneath the glacial till, as there is outcropping porphyry-style mineralization and alteration on either side of the till occurrence.
Figure 2: (Left) Magnetite skarn with strong chalcopyrite mineralization. (Right) Magnetite skarn with strong bornite mineralization.
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Figure 3: Khaleesi map showing pervasive magnetite and garnet-diopside skarn alteration near to an intrusive diorite containing porphyry-style B-veins. Also showing copper in rock chip geochemistry.
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Next Steps
Following on from the mapping and sampling program, the Company commenced a 50-metre grid soil sampling program over the Khaleesi project area. The Company has contracted Arce Geofísicos to undertake a 45.5-line kilometre ground magnetic survey, a 24.5-line kilometre Induced Polarization survey and complete a MT/AMT survey (14 full tensor stations) during the first quarter of 2025. Data from grid-soils and geophysics programs will provide essential surface and subsurface data that will be used to design a maiden drill program.
For additional information, contact:
Dan Symons
President and CEO
+1 416 716 6466
dsymons@c3metals.com
ABOUT C3 METALS INC.
C3 Metals Inc. is a mineral exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company holds approximately 30,000 hectares located in the prolific high-grade Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru. Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore). At Jasperoide, the Company has identified over 15 skarn prospects and an outcropping porphyry system over two parallel 28km belts. The Company has published a maiden resource estimate on the first of these skarn targets, which contained Measured & Indicated Resources of 52Mt at
Related Link: www.c3metals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
QP Statement
Stephen Hughes, P.Geo. is Vice President Exploration and a Director for C3 Metals and is a Qualified Person as defined by National Instrument 43-101. Mr. Hughes has reviewed the technical information in this news release and approves the written disclosure contained herein.
Technical Program
C3 Metals surface rock chip samples were sent to the ALS assay laboratories in Lima, Peru and the Company adheres to a strict QA/QC protocol for handling, sampling, sample transportation and analyses. Chain-of-custody protocols are designed to ensure security of samples until their delivery at the laboratory.
Rock chip samples are analysed by 4-Acid digest ICP-MS finish for 60 elements, including pathfinder REE elements with pulps from samples reporting greater than
Caution Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the exploration operations of the Company and the timing which could be affected by the current global COVID-19 pandemic. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on reasonable assumptions of the Company's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.
While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
1 Based on the assumptions and parameters outlined in the NI 43-101 Technical Report titled Jasperoide Copper-Gold Project Cusco Region, Peru dated July 5, 2023.
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FAQ
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