C3 Metals hits high-grade copper at Khaleesi – ICYMI

Core Insights - C3 Metals Inc reported high-grade drill results from the second hole at the Khaleesi project, indicating significant mineralization potential and structural complexity in the area [1][2] Group 1: Drill Results - The second hole returned a 51-metre intercept grading 0.5% copper and 0.31 g/t gold, equating to a copper equivalent of 0.86%, with an 18-metre zone grading 1.85% copper equivalent [1][2] - The second hole shows a much higher grade compared to the first hole, which had a broader intercept into a magnetite skarn, while the second hole is into porphyry-style veins overprinting garnet skarn [3][4] Group 2: Mineralization Insights - The presence of high-temperature copper sulfide minerals such as bornite and chalcocite suggests either proximity to the heat engine of the hydrothermal system or multiple mineralization pulses, both favorable for grade [4] - The project area has limited surface exposure due to a thin layer of glacial till, making it challenging to identify mineralization at the surface [6][7] Group 3: Future Exploration Plans - The company plans to follow up on the high-grade zone with additional drill holes to explore the causative intrusive source of the mineralization [5] - There is a need for scout holes based on geophysical data to explore potential mineralization beneath the glacial till, which could significantly expand the target area [7][8] Group 4: Project Development - The Khaleesi project is a new greenfield initiative with no prior drilling, and the company has undertaken extensive groundwork, including community engagement and geological mapping, before commencing drilling [8][9] - The early success in hitting high-grade mineralization in the first two holes is viewed as a significant achievement for a project with no previous drilling history [10]