C3 Metals to Commence Drilling Copper-Gold Porphyry Targets in Jamaica

C3 Metals to Commence Drilling Copper-Gold Porphyry Targets in Jamaica

 C3 Metals Inc. (TSXV: CCCM) ("C3 Metals" or the "Company") is pleased to announce that the 5,000 metre drilling program at the Company's 100% owned Bellas Gate copper-gold porphyry project in Jamaica will commence this weekend.

Drilling is designed to test multiple porphyry copper targets identified within the regionally significant Crawl River Fault zone. Drilling will also target epithermal gold prospects on the property (Figure 1). Twelve porphyry systems and multiple epithermal occurrences have been identified in the project area to date.

Program Highlights

  • The Epidote Ridge prospect area is located within the Bellas Gate SEPL and specifically within Porphyry Alley, a cluster of porphyries along the Crawl River Fault Zone (Figure 2)
  • Epidote Ridge is the first drill target, an interpreted preserved porphyry centre linked to porphyry copper-gold prospects known as Connors, Geo Hill and Camel Hill
  • Strong copper-gold mineralization intersected at Connors, Geo Hill and Camel prospects is interpreted to converge beneath Epidote Ridge
  • Shallow historic drilling at Connors and Camel Hill intersected good copper and gold grades as highlighted below (full details included in press release of March 24, 2022)

Connors results:

  • 114.0m @ 0.69% Cu, 0.52 g/t Au in CON-14-004 (from 28.0m)[1]
  • 84.0m @ 1.00% Cu, 0.77 g/t Au in CON-14-005 (from 14.0m) 1

Camel Hill results:

  • 137.2m @ 0.56% Cu, 0.25g/t Au in CAM92-01 (from surface) 1
  • 85.0m @ 0.52% Cu, 0.25g/t Au in CAM92-05 (from 3.40m) 1
  • Post Eidote Ridge drilling, the rig will test other high potential porphyry prospects, including Coffee, Lucky Valley, Geo Hill and White Rock Ridge, followed by epithermal copper-gold-silver targets at Charing Cross and Stamford Hill

Kevin Tomlinson, President & CEO of C3 Metals, commented, "On March 24th, 2022 we announced our 2022 exploration drilling program in Jamaica. We are excited to commence drilling on a number of untested copper-gold porphyry systems and historic mine workings with impressive copper mineralization but limited multi-discipline exploration. This initial program will test multiple high potential prospects starting at Epidote Ridge, one of our most compelling targets. On completion of the first hole, the drill rig will move to test additional porphyry and epithermal targets along Porphyry Alley and the parallel spatially associated Epithermal Copper-Gold Corridor."

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2661/125551_image1fullfinal_560.jpg

Figure 1: Jamaican Exclusive Prospecting Licenses ("SEPLs") and the Crawl River Fault Zone

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2661/125551_image1fullfinal.jpg

Details of the Drilling Program

Over the past year, the Company compiled all historical exploration data on its Jamaican Exclusive Prospecting Licenses ("SEPLs") and refined the geological and mineralization models for Bellas Gate (Figure 2). The review identified significant porphyry copper-gold potential beneath Epidote Ridge, where down dip extensions of the Connors and Camel porphyry copper-gold deposits are interpreted to converge.

Epidote Ridge is characterized by intense epidote alteration over a nine square kilometre area and is associated with highly anomalous copper in soil geochemistry and coincident magnetic and IP chargeability features at depth (Figure 3). The geochemical and geophysical signatures at Geo Hill, Camel Hill and Connors are similar to Epidote Ridge, making it the most compelling and highest priority porphyry drill target in Bellas Gate.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2661/125551_image%202%20full_560.jpg

Figure 2. Porphyry Alley on the Bellas Gate Project showing Epidote Ridge, Connors and Camel Hill

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2661/125551_image%202%20full.jpg

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2661/125551_image%203%20full_560.jpg

Figure 3: Coincident magnetic (top) and IP Chargeability (bottom) anomalies beneath Epidote Ridge

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2661/125551_image%203%20full.jpg

For additional information, contact: Kevin Tomlinson, President & CEO
+1 416 841 5122 or ktomlinson@c3metals.com

ABOUT C3 Metals Inc.

C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company's flagship project is the 57km2 Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific 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). C3 Metals also holds a 100% interest in five licenses covering 207km2 of highly prospective copper-gold terrain in Jamaica and a 2% royalty in Tocvan's Rogers Creek project.

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 adheres to a strict QA/QC protocol for core handling, sampling, sample transportation and analyses. Chain-of-custody protocols are designed to ensure security of samples until their delivery at the laboratory.

Half core samples are analysed by 4-Acid digest ICP-MS finish for 60 elements, including pathfinder REE elements with pulps from samples reporting greater than 1.0% copper being re-assayed by the ore grade method. Gold is analysed by 30g Fire Assay AAS finish, with pulps from samples reporting greater than 5ppm re-assayed by 1kg Screen Fire Assay. The Company inserts blanks and certified reference standards in the sample sequence for quality control.

COVID-19 Protocols

The Company continues to implement its COVID-19 safety protocols at site to ensure the safety of employees and the communities surrounding the Jasperoide project area.

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] References for Historic Data: Data from the above drill results are historical results and it is unknown what type of quality-control programs were performed at the time. The QP also advises that true width of the above results cannot be determined at this time.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125551

News Provided by Newsfile via QuoteMedia

CCCM:CA
The Conversation (0)
C3 Metals Discovers Large-Scale Epithermal Gold-Copper Vein System at Arthurs Seat, Jamaica

C3 Metals Discovers Large-Scale Epithermal Gold-Copper Vein System at Arthurs Seat, Jamaica

Rock Chips Assayed up to 14.2 g/t Gold and 5.2% Copper

C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to report the discovery of a large-scale, intermediate sulfidation epithermal gold and copper vein swarm at the Company's 100% owned Arthurs Seat project. First rock chip assays from this discovery returned up to 14.2 gt Au, 5.2% Cu and 53 gt Ag. The Arthurs Seat project is in the highly prospective Crawle River-Rio Minho Fault Porphyry and Epithermal District ("CRF District") of Jamaica.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
C3 Metals Intersects 309.0 Metres at 0.44% Copper and 0.33 g/t Gold in First Assays from Bellas Gate Project, Jamaica

C3 Metals Intersects 309.0 Metres at 0.44% Copper and 0.33 g/t Gold in First Assays from Bellas Gate Project, Jamaica

C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce it has intersected 309 metres at 0.44% Cu and 0.33 gt Au beginning 15 metres down hole. This result is from 330 metres of a 703 metre drill hole at the Company's 100% owned Bellas Gate Project in Jamaica. Two additional holes have been completed at the Epidote Ridge target (assays pending) within Bellas Gate. The total program is anticipated to be 5,000 metres. Bellas Gate, as well as C3 Metals' other projects in Jamaica, sit within the highly prospective Crawle River-Rio Minho Fault Porphyry and Epithermal District ("CRF District").

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
C3 Metals Intersects 2.79% Copper and 0.59 g/t Gold over 21 Metres, Extending Jasperoide Project, Peru

C3 Metals Intersects 2.79% Copper and 0.59 g/t Gold over 21 Metres, Extending Jasperoide Project, Peru

C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce further outstanding results from its Phase 2 drilling program at the Jasperoide copper-gold skarnporphyry project in Peru. The recently completed Phase 2 drill program comprising a total 6,811m in 20 drill holes has delineated a near surface, high-grade oxide copper-gold deposit at the Montaña de Cobre Zone ("MCZ") and tested copper-sulphide mineralization at the nearby Cresta Verde Zone ("CVZ").

Phase 2 Drilling Program Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
C3 Metals Appoints Dan Symons President, CEO and Director

C3 Metals Appoints Dan Symons President, CEO and Director

C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce the appointment of Dan Symons to the position of President and Chief Executive Officer of the Company effective September 6, 2022. Simultaneous with this appointment Mr. Symons will also join C3 Metals' Board as a Director.

Dan Symons brings over 15 years of mining industry related experience in business development, corporate development and investor relations with a number of highly successful junior-mid tier growth companies. Mr. Symons joins C3 Metals from Argonaut Gold where he most recently held the position of Vice President - Corporate Development and Investor Relations. Prior to this he was a key member of the Romarco Minerals Inc. executive management team in the role of Vice President, Business Development and Investor Relations. Mr. Symons has been actively involved in multiple M&A transactions totalling over $800 million and equity and debt financings totalling over $650 million and $500 million, respectively. Mr. Symons commenced his career with Renmark Financial Communications, a leading North American IR firm, and is an active member of the Canadian Investor Relations Institute. Mr. Symons holds an Honours B.A. from Concordia University in Montreal.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
C3 Metals Secures 272 sq km Land Package Around Jasperoide, Peru

C3 Metals Secures 272 sq km Land Package Around Jasperoide, Peru

Consolidates Strategic Position in Major Copper Producing District

C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that it has significantly expanded its land holdings around its highly prospective Jasperoide project in the world class Andahuaylas-Yauri skarnporphyry copper belt of southern Peru. The Company and its subsidiaries now control a total of 272 sq km (27,198 hectares) comprising 100% of 49 claims covering 267 sq km (26,698 hectares) and the right to earn 100% in two additional third-party claims covering 5 sq km (500 hectares).

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Grid Battery Exploration Team begins work on its Clayton Valley Lithium Project

Grid Battery Exploration Team begins work on its Clayton Valley Lithium Project

(TheNewswire)

Grid Battery Metals Inc..

Coquitlam, BC TheNewswire - March 28, 2024 - Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV: CELL, OTCQB: EVKRF FRA: NMK2) is pleased announce that our 2024 Exploration Program has officially started on its Clayton Valley Lithium Project. The 2024 Exploration Program will begin with a Magnetotelluric (MT) geophysics survey performed by the KLM Geoscience ("KLM") as overseen by Grid's Qualified Professional, Mr. Steven McMillin P.G..

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Ramp Metals Provides Exploration Update and Announces Drilling Campaign

Ramp Metals Provides Exploration Update and Announces Drilling Campaign

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to provide an update on the Company's exploration activities, including a drilling program at its flagship Rottenstone SW property.

Key Highlights

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
1844 Closes Non-Brokered Private Placement of Units

1844 Closes Non-Brokered Private Placement of Units

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844"), is pleased to announce it has closed its previously announced non-brokered private placement of units (each, a "Unit"). At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 (the "Unit Offering").

Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.05 for a period of 36 months following closing of the Unit Offering.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Osisko Metals Grants Stock Options

Osisko Metals Grants Stock Options

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) wishes to announce that the Company's Board of Directors have approved the grant of incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 1,935,000 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise price of $0.155 per share.

About Osisko Metals

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
WESTERN COPPER AND GOLD ANNOUNCES METALLURGICAL PROGRAM AND ASSOCIATED DRILL RESULTS

WESTERN COPPER AND GOLD ANNOUNCES METALLURGICAL PROGRAM AND ASSOCIATED DRILL RESULTS

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces the launching of a metallurgical testing program (the "Metallurgical Program") for its wholly-owned Casino Copper-Gold Project (" Casino "). Fifteen composite samples were prepared from core acquired in 2023 (the "Drill Program"). Western's Technical and Sustainability Committee, comprised of members from Western, Rio Tinto Canada Inc. and Mitsubishi Materials Corporation, prepared the Drill and Metallurgical Programs.

Drill Program

The 2023 Drill Program consisted of seven holes for 2,244 m ranging from 130 m to 556 m in length. The drill holes were located inside the current pit boundaries and were selected to provide a range of grades, host rocks, and mineralogy for the Metallurgical Program (see Figure 1). The drill holes were also selected to convert indicated resource to measured.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Aston Bay and American West Metals Announce Geophysical Program Set to Begin at the Storm Copper Project, Canada

Aston Bay and American West Metals Announce Geophysical Program Set to Begin at the Storm Copper Project, Canada

Geophysical program designed to deliver a pipeline of priority drill targets for new copper discoveries

Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide details on the upcoming geophysical surveys and exploration program at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited ("American West"), who is the operator of the Project. American West has completed the required expenditures to earn an undivided 80% interest in the Project. American West will be solely responsible for funding the program

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×