| Announcement Date: | 2022-11-01 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | C3 Metals Inc. |
| Project name: | Jasperoide |
| Location: | Peru |
| Commodities: | Gold,Copper |
| Highlight: | Drilling results incl. 81.6m at 0.89% Cu, 0.25g/t Au from 21.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, Ontario–(Newsfile Corp. – November 1, 2022) – C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) (“C3 Metals” or the “Company”) is pleased to announce that the Company has intersected 63.9m at 1.19% copper from 58.8m below surface at its Jasperoide project in Peru. The Company has now received assays from the final six drill holes of the Phase 2 drilling program. The Phase 1 and 2 programs successfully defined a cohesive mineralized 650m long skarn body at the Montaña de Cobre Zone that is strongly oxidized from surface to over 250m in depth. To the northwest of the Montaña de Cobre Zone, C3 Metals has located another skarn target, the Cresta Verde Zone on the other side of the Benoni fault, which is known to be an important structural break in this region. The Cresta Verde Zone will be evaluated further, after modeling of the lithology and structure are completed. Next Steps The Company is undertaking sighter metallurgy test work on the different material types within the oxide skarn body at the Montaña |
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