Welcome to our dedicated page for C3 Metals news (Ticker: CUAUF), a resource for investors and traders seeking the latest updates and insights on C3 Metals stock.
C3 Metals Inc. (CUAUF) delivers copper and gold exploration updates from its strategic projects in Jamaica and Southern Peru. This dedicated news hub provides investors with timely access to operational developments, including drilling results, geophysical survey findings, and partnership announcements across the Bellas Gate and Jasperoide projects.
Our comprehensive news collection enables stakeholders to track exploration progress through systematic updates on grid-based soil sampling, diamond drilling campaigns, and joint venture developments. Key focus areas include porphyry and skarn system discoveries, geochemical analysis reports, and strategic expansions within proven mineral belts.
All content undergoes rigorous verification to ensure accurate reporting of exploration activities and corporate milestones. Users will find factual updates on resource evaluation phases, technical insights from QA/QC-certified sampling programs, and progress reports from collaborative partnerships in high-potential districts.
Bookmark this page for direct access to C3 Metals' latest press releases and authoritative exploration updates. Regularly refreshed content ensures informed decision-making for those monitoring copper-gold discoveries in emerging jurisdictions with established geological potential.
C3 Metals (TSXV: CCCM) (OTCQB: CUAUF) has announced promising results from its Khaleesi copper-gold project in Southern Peru. Recent rock chip samples revealed up to 1.80% copper, 4.4 g/t gold, and 403 ppm molybdenum. The project, spanning over 30,000 hectares, is strategically located within 45km of major copper mines Las Bambas and Constancia.
The mapping identified an extensive zone of skarn measuring 1,200 by 1,000 meters, with epithermal quartz breccias and veins mapped over 2,000 meters. The company has initiated a grid-based soil sampling program and plans geophysical surveys in Q1 2025, including Induced Polarization, Ground Magnetic, and MT/AMT surveys covering 45.5-line kilometres.
The Khaleesi project features an alteration footprint of 1,500m by 1,000m and represents an undrilled Tier-1 exploration target in an established copper mining belt. The site is approximately 8km west of the Company's Jasperoide Project, which has a Measured and Indicated Mineral Resource of 51.9 million tonnes at 0.50% copper and 0.20 g/t gold.
C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) has announced results from its surface mapping and sampling program at the Khaleesi copper-gold project in Southern Peru. The program has identified compelling skarn, porphyry, and epithermal vein targets. Rock chip samples returned up to 2.82% copper, 6.0 g/t gold, 57.7 g/t silver, and 284 ppm molybdenum.
Key highlights include:
- Pervasive prograde magnetite skarn and retrograde garnet-diopside skarns identified over a 1,200m by 500m area
- Rock chips define an anomalous copper zone 600m by 600m
- Stockwork and sheeted quartz veins mapped over 600m by 300m area
- Elevated molybdenum and arsenic geochemistry suggesting potential for a porphyry system
The company plans to conduct grid soil geochemical sampling, Induced Polarization, and ground magnetic geophysical surveys to advance the copper-gold targets to drill status.
C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) has announced a non-brokered private placement of 15,000,000 common shares at $0.30 per share, aiming to raise $4.5 million in gross proceeds. The anticipated closing date is October 9, 2024, subject to regulatory approvals. Shares issued will have a four-month hold period. The company may pay up to a 6.0% cash commission to qualified finders in Canada.
Proceeds will primarily fund exploration programs in Jamaica and Peru, as well as working capital and corporate purposes. The offering is not registered under the U.S. Securities Act and is intended for distribution in Canada only.
C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) has announced that its subsidiary, Molino Azul S.A.C, has secured a surface access rights agreement with the Cancahuani community for its Khaleesi copper-gold project in Southern Peru. This agreement is important for advancing the project's Declaration of Environmental Impact (DIA) or drill permit.
The Khaleesi project is an undrilled copper-gold skarn and porphyry prospect located near major copper mines like Las Bambas and Constancia. The project area covers 1.5km by 1.0km and shows high-grade copper-gold mineralization in outcropping porphyry, skarn, and polymetallic epithermal veins.
With this agreement in place, C3 Metals plans to proceed with soil geochemical data collection, surface mapping, and rock sampling while completing the drill permit process. The company anticipates drilling could commence as early as 2025.
C3 Metals provided an update on its Jamaica projects after Hurricane Beryl hit the region. The company confirmed its team is safe, and there were no injuries. Equipment and samples are intact, but infrastructure has been significantly damaged. Access roads are impassable, power lines are down, and multiple landslides have obstructed routes. Consequently, C3 Metals is shifting its focus from exploration to aiding the local community, offering food, water, and help with debris removal and home repairs.
Dan Symons, President and CEO, stated that safety is the company's top priority and emphasized the importance of community support during this challenging period. The next steps will involve assessing the damage more thoroughly and restoring power and infrastructure to resume normal operations.
For further details, contact Dan Symons at dsymons@c3metals.com.
C3 Metals announced a significant copper-gold drilling result at its Bellas Gate project in Jamaica. The highlight comes from drill hole CMH8390-001, which intersected 294.0 meters at 0.30% copper and 0.13 g/t gold from the surface, terminating in 0.36% copper at 600 meters. This follows a previous report of 207.8 meters at 0.43% copper and 0.20 g/t gold from hole CMH8350-001. Two other holes at Geo Hill showed low to moderate copper-gold mineralization, while a hole west of Camel Hill showed extensive alteration but no significant assays. The results suggest a large hydrothermal system extending across 2 kilometers. Moving forward, the company plans more drilling and is updating its geological models.
C3 Metals announced the successful drilling of 79m at 0.71% copper and 0.49 g/t gold (1.06% CuEq) at its Connors porphyry prospect within the Bellas Gate project in Jamaica.
This result confirms high-grade copper-gold mineralization potential in the porphyry systems at Bellas Gate. The company welcomes Barrick Gold to Jamaica, following Barrick's agreement with Geophysx Jamaica to earn up to 80% in surrounding mineral concessions.
C3 Metals' exploration continues with multiple ongoing drill holes and new prospects identified. Assays are pending for Camel Hill and Geo Hill prospects, while trenching and sampling are underway at Arthurs Seat and Super Block projects.
The company plans to continue drilling with its cost-efficient, in-house diamond drill rig.
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