C3 Metals Intersects 51.1 Metres at 0.54% Copper and 0.31 g/t Gold (0.86% CuEq), Including 18.0 Metres at 1.08% Copper and 0.76 g/t Gold (1.85% CuEq) in Second Drill Hole at Khaleesi Copper Project, Peru

Core Insights - C3 Metals Inc. announced significant results from the second drill hole at its Khaleesi copper project in southern Peru, indicating promising mineralization with high-grade copper and gold intercepts [1][5][6] Drill Results - The second drill hole, KHZ5800-002, intersected 51.1 meters at 0.54% copper, 0.31 g/t gold, 3.21 g/t silver, and 6 ppm molybdenum, with a copper equivalent (CuEq) of 0.86% from a depth of 339.6 meters [1][3] - Within this interval, a higher-grade section of 39.1 meters at 0.66% copper and 1.06% CuEq was noted, including 18.0 meters at 1.08% copper and 1.85% CuEq [1][3][5] - A near-surface intercept of 8.0 meters at 0.42% copper and a deeper intercept of 13.2 meters at 0.29% copper were also reported [1][13] Geological Context - The high-grade mineralization style observed in KHZ5800-002 represents a new porphyry-style mineralization overprinting garnet skarn, differing from the first hole which primarily showed magnetite skarn [5][6] - The project is located in the Andahuaylas-Yauri Belt, known for large copper skarn and porphyry deposits, with nearby operating mines such as Las Bambas and Constancia [25][28] Future Exploration Plans - The company plans to conduct additional drilling to further explore the high-grade zone and to test the source of the quartz veining observed in the current drill hole [12][22] - Approximately 4,200 meters of the planned 6,300-meter drilling program have been completed, with assays pending for six holes [18][22] Company Overview - C3 Metals Inc. focuses on mineral exploration, holding approximately 31,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt, which includes the Khaleesi and Jasperoide projects [28] - The company aims to create value through the discovery and development of large copper and gold deposits, with ongoing exploration activities in both Peru and Jamaica [28]