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]

Core Insights - CopAur Minerals Inc. has contracted APEX Geoscience Ltd. to update the Kinsley Mountain geology and mineralization model, integrating results from approximately 20,000 meters of drilling conducted in 2020 and 2023 [1][2] - The Kinsley Mountain project currently has mineral resources of 418,000 indicated ounces at 2.63 g/t gold and 117,000 inferred ounces at 1.51 g/t gold, totaling 535,000 ounces [1] - The high-grade Western Flank Zone contains 302,000 ounces averaging 6.11 g/t gold, indicating significant potential for resource expansion [1] Exploration and Development - The recent drilling programs aimed at both new discoveries and expanding resources around the Main Pit, focusing on near-surface oxide exploration targets for potential heap leach recovery [2] - Notable near-surface oxide intercepts from the drilling include 9.83 g/t gold over 7.6 meters and 2.22 g/t gold over 25.9 meters, showcasing the project's exploration potential [8] Historical Context - Kinsley Mountain was last in production in 1998 when gold prices averaged around US$360 per ounce, and operations were suspended due to the previous operator's bankruptcy [3]