C3 Metals Intersects 269m at 0.30% Copper, Including 60.4m at 0.41% Copper from 346m in First Ever Drill Hole at Khaleesi Copper Project, Peru

Core Insights - C3 Metals Inc. announced the successful drilling of the first hole at its Khaleesi copper project in southern Peru, which intersected 269.0m at 0.30% copper, including 60.4m at 0.41% copper [1][4][10] Project Overview - The Khaleesi project is a greenfield copper exploration initiative, currently undergoing its first drilling campaign with two diamond drill rigs and a minimum of 6,000m planned [2] - The project is located in the Andahuaylas-Yauri Belt, known for its significant copper skarn and porphyry deposits, with nearby operating mines such as Las Bambas and Constancia [8] Drilling Results - Initial drilling results indicate a well-mineralized magnetite and garnet skarn body, with copper mineralization confirmed beneath a large area of shallow glacial till cover [3][10] - The first drill hole, KHZ5800-001, reported significant assays, including high-grade intervals of copper, gold, and silver [6][10] Mineralization Characteristics - The mineralization encountered includes both skarn and potential porphyry styles, with various copper grades and associated elements such as molybdenum, cobalt, and silver [10][17] - The hole confirmed that copper mineralization extends at least 100m beneath the glacial till, expanding the potential drill target area [4][10] Future Plans - The company plans to conduct follow-up drilling to further explore and define the mineralization along strike, near surface, and at depth [10][22] - An expanded drill program beyond the initial 14-hole, 6,300m plan is under consideration based on the promising results from the first hole [22]