C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) (“C3 Metals” or the “Company”) is pleased to announce it has intersected 294.0m at 0.30% copper and 0.13 g/t gold from surface in drill hole CMH8390-001 at its Camel Hill porphyry prospect in its 100%-owned Bellas Gate project (Figure 1). The drill hole terminated in 0.36% copper mineralization at 600.0m. This result is a follow up to drill hole CMH8350-001 that reported 207.8m at 0.43% copper and 0.20 g/t gold (0.57% CuEq1) from 22.0m downhole, including 135.0m at 0.52% copper and 0.27g/t gold (0.71% CuEq1) (see press release dated October 4, 2023).
Drilling Highlights
- Drill hole CMH8390-001 assayed 294.0m at 0.30% copper and 0.13 g/t gold (0.39% CuEq1) from surface. After going through a barren dyke, the hole resumed in mineralization and terminated in 0.36% copper at 600.0m.
- CMH8390-001 confirms strongly altered diorite porphyry with chalcopyrite-rich quartz stockwork veining.
- Two additional holes (GOH9075-001 and GOH9075-002) drilled at Geo Hill approximately 1.2km north-northwest of CMH8390-001 intersected low to moderate grade copper-gold mineralization over broad intervals.
- A hole drilled approximately 500m west of Camel Hill (GOM8525-001) returned no significant assays but showed pervasive epidote-chlorite-pyrite alteration with locally patchy chalcopyrite, which can be a very common alteration signature within the exterior halo of a porphyry system.
- The northwest-southeast trending copper-gold anomaly hosting greater than 225ppm copper in soil geochemistry with coincident magnetic and IP chargeability geophysical anomalies stretches approximately 2.0km from Geo Hill to Camel Hill.
- Geo Hill and Camel Hill appear to be spatially and genetically associated and represent a large porphyry complex that has only been partially drill tested.
Dan Symons, President and CEO, stated, “We continue to intersect long, broad intervals of strong copper mineralization at the Bellas Gate project. These drill results from both Camel Hill and Geo Hill, combined with coincident geochemical and geophysical anomalies over approximately 2km, suggest a large hydrothermal system. In fact, when stepping back and looking at our Bellas Gate and Arthurs Seat projects, there is 18km of strong copper-gold soil and rock geochemistry with confirmed multiple porphyries clustered along two distinct northwest-southeast trending belts. Our goal is to find the most fertile areas of this expansive system and work to define economic volumes.”
Figure 1 – Map of C3 Metals’ mineral concessions in relation to other mineral concessions showing the location of the Geo Hill and Camel Hill porphyry copper-gold prospects within the Bellas Gate project.