C3 Metals Geophysical Program Significantly Enhances Khaleesi Copper-Gold Drill Target, Peru
C3 Metals (OTCQB: CUAUF) has announced significant findings from geophysical surveys at its 100% owned Khaleesi copper-gold project in Peru. The surveys identified large-scale anomalies coinciding with high-grade copper-molybdenum soil anomalies measuring 1,900m by 650m and copper-zinc anomalies of 470m by 400m.
The company plans to commence a maiden 14-hole, 6,000m diamond drill program in Q3 2025. Key findings include magnetic survey confirmation of a large near-surface magnetic body, two discrete IP chargeability anomalies, and soil samples yielding up to 2.82% copper, 6.0 g/t gold, and 57.7 g/t silver. The project is strategically located within 45km of major copper mines Las Bambas and Constancia.
C3 Metals (OTCQB: CUAUF) ha annunciato risultati significativi dalle indagini geofisiche presso il suo progetto Khaleesi di rame-oro, interamente di proprietà, in Perù. Le indagini hanno rilevato anomalie su larga scala che coincidono con anomalie di suolo ad alta concentrazione di rame-molibdeno, estese 1.900m per 650m, e anomalie di rame-zinco di 470m per 400m.
L'azienda prevede di avviare un programma di perforazione diamantata iniziale di 14 fori per un totale di 6.000m nel terzo trimestre del 2025. I risultati chiave includono la conferma tramite indagine magnetica di un grande corpo magnetico vicino alla superficie, due anomalie discrete di carica IP, e campioni di suolo con concentrazioni fino a 2,82% di rame, 6,0 g/t di oro e 57,7 g/t di argento. Il progetto è strategicamente posizionato a soli 45 km dalle grandi miniere di rame Las Bambas e Constancia.
C3 Metals (OTCQB: CUAUF) ha anunciado hallazgos significativos de encuestas geofísicas en su proyecto Khaleesi de cobre y oro, 100% propiedad, en Perú. Las encuestas identificaron anomalías a gran escala que coinciden con anomalías de suelo de cobre-molibdeno de alta ley que miden 1,900m por 650m y anomalías de cobre-zinc de 470m por 400m.
La compañía planea iniciar un programa inicial de perforación diamantina de 14 pozos y 6,000m en el tercer trimestre de 2025. Los hallazgos clave incluyen la confirmación por encuesta magnética de un gran cuerpo magnético cercano a la superficie, dos anomalías discretas de carga IP, y muestras de suelo con hasta 2.82% de cobre, 6.0 g/t de oro y 57.7 g/t de plata. El proyecto está estratégicamente ubicado a 45 km de las principales minas de cobre Las Bambas y Constancia.
C3 Metals (OTCQB: CUAUF)는 페루에 위치한 100% 소유한 Khaleesi 구리-금 프로젝트에서 지구물리학 조사 결과 중요한 발견을 발표했습니다. 조사 결과, 1,900m x 650m 크기의 고품위 구리-몰리브덴 토양 이상과 470m x 400m 크기의 구리-아연 이상이 대규모로 확인되었습니다.
회사는 2025년 3분기에 14공 6,000m 다이아몬드 시추 프로그램을 시작할 계획입니다. 주요 발견 사항으로는 지표 근처에 큰 자기체가 있음을 확인한 자기 조사, 두 개의 별도 IP 전하성 이상, 그리고 토양 샘플에서 최대 2.82% 구리, 6.0 g/t 금, 57.7 g/t 은이 검출된 점이 있습니다. 이 프로젝트는 주요 구리 광산인 Las Bambas와 Constancia에서 각각 45km 이내에 전략적으로 위치해 있습니다.
C3 Metals (OTCQB : CUAUF) a annoncé des découvertes significatives issues de relevés géophysiques sur son projet Khaleesi cuivre-or détenu à 100 % au Pérou. Les relevés ont identifié de vastes anomalies coïncidant avec des anomalies de sol à haute teneur en cuivre-molybdène mesurant 1 900 m sur 650 m et des anomalies cuivre-zinc de 470 m sur 400 m.
La société prévoit de lancer un programme initial de forage diamanté de 14 trous pour un total de 6 000 m au troisième trimestre 2025. Les principales conclusions incluent la confirmation par relevé magnétique d’un grand corps magnétique proche de la surface, deux anomalies discrètes de charge IP, ainsi que des échantillons de sol présentant jusqu’à 2,82 % de cuivre, 6,0 g/t d’or et 57,7 g/t d’argent. Le projet est stratégiquement situé à 45 km des grandes mines de cuivre Las Bambas et Constancia.
C3 Metals (OTCQB: CUAUF) hat bedeutende Ergebnisse geophysikalischer Untersuchungen bei seinem zu 100 % im Besitz befindlichen Khaleesi-Kupfer-Gold-Projekt in Peru bekanntgegeben. Die Untersuchungen identifizierten großflächige Anomalien, die mit hochgradigen Kupfer-Molybdän-Bodenanomalien von 1.900 m mal 650 m sowie Kupfer-Zink-Anomalien von 470 m mal 400 m übereinstimmen.
Das Unternehmen plant, im dritten Quartal 2025 ein erstes Diamantbohrprogramm mit 14 Bohrlöchern und 6.000 m Gesamtlänge zu starten. Wichtige Erkenntnisse umfassen die Bestätigung eines großen magnetischen Körpers nahe der Oberfläche durch eine Magnetuntersuchung, zwei diskrete IP-Ladungsanomalien sowie Bodenproben mit Gehalten von bis zu 2,82 % Kupfer, 6,0 g/t Gold und 57,7 g/t Silber. Das Projekt liegt strategisch günstig nur 45 km von den bedeutenden Kupferminen Las Bambas und Constancia entfernt.
- Strategic location within 45km of major copper mines Las Bambas and Constancia
- High-grade soil samples with up to 2.82% copper, 6.0 g/t gold, and 57.7 g/t silver
- Large-scale anomalies identified through multiple survey methods
- 100% ownership of the Khaleesi project
- Significant mineral concession package of over 31,000 hectares
- Maiden drilling program of 6,000m planned for Q3 2025
- Project is currently in early exploration phase with no drilling history
- Presence of glacial till cover potentially masking mineralization
- Drilling program results pending and success not guaranteed
Toronto, Ontario--(Newsfile Corp. - August 6, 2025) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that recently completed ground-based geophysical surveys have identified large-scale anomalies coincident with high tenor soil geochemistry on its
Magnetic ("Mag"), Induced Polarization ("IP") and MagnetoTelluric ("MT") anomalies coincide with a recently defined high-grade copper-molybdenum in soil anomaly measuring 1,900m by up to 650m and a high-grade copper-zinc in soil anomaly measuring 470m by 400m (see press release dated February 19, 2025). A maiden 14-hole, 6,000m maiden diamond drill program is anticipated to commence during Q3 2025.
Figure 1: Khaleesi MVI Magnetic Inversion: Amplitude of magnetization (800m depth slice), showing two large magnetic anomalies beneath high tenor copper soil anomalies.
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Dan Symons, President and CEO, stated, "Khaleesi is a highly compelling, undrilled copper-gold mineralized skarn, porphyry prospect in a world-class Porphyry-Skarn belt. Results of the IP, Mag and MT surveys provide invaluable information for realizing the large-scale potential of the hydrothermal system at Khaleesi. We now have a robust dataset to optimally target both the porphyry and skarn style copper mineralization. Importantly, IP and Mag survey data also confirms large anomalies continue beneath and proximal to an area of glacial till cover where there is no outcropping rock at surface. With multiple large copper mines within 45km of Khaleesi, we have reason to be excited to move into the first ever drilling program for the project."
Highlights of the Khaleesi Exploration Program to Date
- The Mag survey confirms a large, near-surface magnetic body that separates into two bodies at depth. This Mag anomaly is coincident with IP chargeability and resistivity anomalies and areas with high copper geochemistry in soils (Figure 1).
- The IP survey defined two discrete near-surface IP chargeability anomalies with coincident resistivity anomalies, which extend to the maximum depth for this IP survey reliability of ~600 vertical metres (Figure 2).
- Porphyry Copper Target - coincident IP chargeability and resistivity high anomalies positioned beneath an 800m by 400m copper-molybdenum in soil anomaly averaging 950ppm copper where porphyry-style copper mineralization has been mapped at surface.
- Copper Skarn Target - IP chargeability and coincident resistivity low anomalies correlate with a 470m by 400m copper-zinc soil anomaly averaging 1,260ppm copper that is open along-strike to the north, south and to depth.
- For reference, copper in soils at or above 300ppm is considered anomalous and represents high priority target areas for further exploration.
- MT/AMT survey shows a large conductive body coincident with the IP and Mag anomalies, which also extends to depth.
- Field mapping confirmed a 3.3 sq km porphyry, skarn and epithermal alteration zone.
- Outcrop samples assayed up to
2.82% copper, 6.0 g/t gold, 57.7 g/t silver and 403 ppm molybdenum (see press releases dated October 22, 2024 and January 8, 2025).
- Outcrop samples assayed up to
- Coincident geophysical anomalies, along with the recently defined copper-in-soil geochemical anomalies, provide further support for the interpretation of a potentially significant porphyry, skarn and epithermal copper-gold hydrothermal system at Khaleesi.
Figure 2: Vertical section chargeability (top) and resistivity (bottom) plot of 2025 IP survey line 600N (shown in Figure 1), looking to the north. The chargeability and resistivity anomalies have never been drill tested by C3 Metals or historically and correlate well with surface copper geochemistry.
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Grid soils defined a 470m by 400m wide copper-zinc in soil anomaly, with soils averaging 1,260ppm copper and 450ppm zinc. Grid soils also defined a significant copper-molybdenum anomaly, which extends for over 1,900m by up to 650m; two discrete zones average 950ppm and 650ppm copper, respectively (Figure 3). Soil sampling also covered a 1.3 sq km area with a thin glacial till cover, varying from less than 1m to 15m in thickness. Glacial till appears to conceal interpreted extensions of the skarn and porphyry mineralized zones. The geophysical data supports the interpretation of the connection of these zones beneath the till occurrence.
Figure 3: Khaleesi map showing three well defined zones of pervasive copper-in-soil geochemistry. Also showing glacial till zone that appears to conceal mineralized rock below.
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Khaleesi is located 8km west of the Company's Jasperoide Project, where the Company confirmed 13 skarn prospects along a 28km iron-skarn belt. Montana de Cobre ("MCZ") is the first of these skarns the Company systematically drill tested, yielding a near surface Measured and Indicated Mineral Resource of 51.9 million tonnes at
Khaleesi represents a rare opportunity to explore an undrilled copper-gold mineralized skarn, porphyry and epithermal prospect on the world-class Andahuaylas-Yauri Porphyry-Skarn belt. The Company has strategically amalgamated a significant mineral concession package of over 31,000 hectares within 45km of the large Las Bambas (MMG) and Constancia (Hudbay Minerals) copper mines. Several major and intermediate mining companies hold mineral concessions surrounding C3 Metals' mineral concession package and in the district (Figure 4).
Figure 4: Regional map showing C3 Metals' mineral concession package in relation to other large-scale operations, development projects and exploration projects.
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Geophysical Survey Program Details
Geophysical surveys completed comprised of a 45.5-line kilometre ground Mag survey (100m-spaced lines), a 24.5-line kilometre IP survey (200m spaced lines) and 14 full tensor stations of MT over the Khaleesi project area. The surveys covered an area of approximately 4.4 sq km and focused on covering an extensive area with outcropping porphyry, skarn, epithermal copper-gold-molybdenum mineralization including the central project area covered by glacial till.
A high-resolution ground Mag survey confirmed a large magnetic body (1,200m by 800m) defined after an MVI inversion and is coincident with two chargeability and coincident resistivity anomalies. The magnetic body splits at approximately 600m to 700m depth, separating into two large cohesive bodies (Figure 1). Each of these magnetic bodies measure approximately 800m by 800m.
The IP survey was highly successful in defining two cohesive chargeability and coincident resistivity anomalies that extend along strike for up to 1,200m and are up to 1,000m in width. These IP anomalies are coincident with the Skarn Zone and South Zone copper in soil anomalies (Figure 2). The chargeability anomalies appear to converge at a depth of 450m beneath the till occurrence.
The MT survey was undertaken to detect basement electromagnetic (EM) conductors and anomalous resistivity zones, which can be indicative of potential copper-gold porphyry systems. The MT survey successfully defined a large body coincident with the IP and magnetic anomalies.
Next Steps
Initial mapping and sampling at Khaleesi defined an alteration footprint spanning 1,500m by 1,000m. Subsequent soil sampling defined multiple large scale and coherent copper-in-soil anomalies located over a significant zone of mapped porphyry-skarn-epithermal styles of mineralization. Newly acquired Mag, IP and MT data, provide further evidence for a sizeable system that appears to connect in the central project area beneath the glacial till occurrence. Based on all data collected to date, the Khaleesi project is ranked highest priority for drill testing.
The Company has designed a 14-hole, 6,000m maiden diamond drill program that will target both the Skarn and South zones as well as beneath an area of glacial till that sits between these zones. The Company anticipates it will commence this maiden drill program during Q3 2025.
For additional information, contact:
Dan Symons
President and CEO
+1 416 716 6466
dsymons@c3metals.com
ABOUT C3 METALS INC.
C3 Metals Inc. is a mineral exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company holds approximately 31,000 hectares located in the prolific high-grade Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru. Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore). At Jasperoide, the Company has identified over 15 skarn prospects and an outcropping porphyry system over two parallel 28km belts. The Company has published a maiden resource estimate on the first of these skarn targets, which contained Measured & Indicated Resources of 52Mt at
Related Link: www.c3metals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
QP Statement
Stephen Hughes, P.Geo. is Vice President Exploration and a Director for C3 Metals and is a Qualified Person as defined by National Instrument 43-101. Mr. Hughes has reviewed the technical information in this news release and approves the written disclosure contained herein.
Technical Program
Induced Polarization (IP) measurements were carried out with the Pole-Pole configuration and 8 channels of 100 meters separation each. The advance was made every 50 metres to increase the horizontal resolution of the lines. The injection pulse was 2 seconds, and a current injection duty cycle of
Ground Magnetometry totalling 13 East-West lines of 3.5 km each of length and with a line spacing of 100 metres. A total of 45.5-line kilometres were surveyed and readings were measured with one rover Overhauser magnetometer, with an upgraded omnidirectional sensor, and one proton precession for the base station. The readings for the rover unit were taken using a sampling frequency of 1 Hertz, while the base station used a sampling frequency of 1 reading every 3 second.
Magnetotellurics and Audio-Magnetotellurics (AMT) comprised of 14 full tensor stations surveyed in two profiles with 7 stations each, using a distance of 300m between them. Each station was configured as a full-tensor mode, using three magnetic coils (Hx, Hy, Hz) and two electric channels (Ex, Ey). The coils cover a full frequency range of 0.0001 - 10,000 Hz, spanning both MT and AMT signal. Seven stations were installed day by day, 6 stations on the line and one station as a remote base to correct the noise.
Caution Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the exploration operations of the Company and the timing which could be affected by the current global COVID-19 pandemic. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on reasonable assumptions of the Company's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.
While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
1 Based on the assumptions and parameters outlined in the NI 43-101 Technical Report titled Jasperoide Copper-Gold Project Cusco Region, Peru dated July 5, 2023.
2 Based on the assumptions and parameters outlined in the NI 43-101 Technical Report titled Jasperoide Copper-Gold Project Cusco Region, Peru dated July 5, 2023.
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FAQ
What are the key findings from C3 Metals' (CUAUF) Khaleesi project geophysical surveys?
When will C3 Metals begin drilling at the Khaleesi copper-gold project?
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What is the size of C3 Metals' mineral concession package in Peru?
What are the average copper concentrations in the soil anomalies at the Khaleesi project?
