| Announcement Date: | 2022-11-07 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | C3 Metals Inc. |
| Project name: | Arthurs Seat |
| Location: | Jamaica |
| Commodities: | Gold,Copper |
| Highlight: | Rock chip sampling assay results incl.@ up to 29.8g/t Au and 5.7% Cu |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, Ontario–(Newsfile Corp. – November 7, 2022) – C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) (“C3 Metals” or the “Company”) is pleased to report that exploration continues to expand the recently discovered epithermal gold-copper vein swarm and overall copper-gold-silver mineralization at its’ 100% owned Arthurs Seat Project in Jamaica. C3 Metals also reports its highest grade rock chip gold assay to date at 29.8 g/t gold in epithermal style mineralization. Epithermal style quartz veining has now been mapped and sampled over a 5.0 km by 3.0 km area, occurring within a much broader 8.0 km by 4.5 km footprint of copper-gold-silver mineralization. Geologists have recently discovered epithermal-style sheeted quartz veins south of the Crawle RiverRio Minho Fault Zone (“CRFZ”). An initial 5,000 m drill program comprised of 25 holes from 10 drill pad locations has been designed to test the vertical and lateral continuity of gold-copper mineralization. A drilling application has been submitted for Arthurs Seat, and C3 Metals intends to commence drilling immediately once permits are received |
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