C3 Metals Obtains All Regulatory Approvals Required for Maiden Drill Program at Khaleesi Copper-Gold Project, Peru

Core Insights - C3 Metals Inc. has obtained all necessary regulatory approvals to commence its maiden exploration drilling at the Khaleesi copper-gold project in Peru, with an initial 6,000-meter diamond drill program expected to start in September 2025 [1][14]. Regulatory Approvals - The company has secured multiple regulatory approvals, including surface access and drilling agreements with the Cancahuani community, an environmental permit (Declaración de Impacto Ambiental), authorization to start exploration activities, and authorization for water use [2]. Project Overview - The Khaleesi project is located in the Andahuaylas-Yauri Porphyry-Skarn belt, a well-known copper-producing district, and encompasses over 31,000 hectares [1][15]. - The project is strategically positioned 8 km west of the Jasperoide Project, which has confirmed 13 skarn prospects along a 28 km iron-skarn belt [4]. Exploration Data - Recent geophysical surveys have identified significant magnetic, induced polarization, and magnetotelluric anomalies at Khaleesi, coinciding with high-grade copper-molybdenum and copper-zinc soil anomalies [5][10]. - Soil sampling has defined a 1,900 m by up to 650 m copper-molybdenum anomaly, with priority zones averaging 950 ppm and 650 ppm copper [11]. Next Steps - The company plans to conduct an initial 14-hole, 6,000-meter diamond drill program, which is ranked as the highest priority for drill testing based on the data collected to date [13][14].