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C3 Metals Commences Geophysics Surveys at Jasperoide Project, Peru
Ongoing drilling highlights potential for primary Skarn-Porphyry deposit Toronto, Ontario--(N...
About this update from C3 Metals Inc.
[{"type":"text","content":"C3 Metals Commences Geophysics Surveys at Jasperoide Project, PeruOngoing drilling highlights potential for primary Skarn-Porphyry depositToronto, Ontario--(Newsfile Corp. - June 16, 2021) - C3 Metals Inc. (TSXV: CCCM) (\"C3 Metals\" or the \"Company\") is pleased to announce the commencement of a geophysical program at the Company's Jasperoide Project to guide deeper drilling of high-grade copper-gold mineralization intersected near the Montaña de Cobre Zone and to define additional targets for drilling.The program will include an 1,800 line km helicopter-borne magnetic and radiometric survey and a 43 line km ground Induced Polarisation (IP) survey. Completing these surveys is a major step forward in advancing the exploration and development of Jasperoide, and an exceptional opportunity for skarn, porphyry and epithermal style discoveries.Highlights:C3 Metals reported high-grade oxide copper-gold intersections at the Montaña de Cobre Zone including 53.2m at 3.46% CuEq and 60m at 2.51% CuEq (see press release of May 25, 2021)Primary sulphide mineralisation intersected below the extensive copper oxide zone provides strong supportive evidence for a copper porphyry within the Jasperoide mineralized systemBreccia zone sample with porphyry fragments containing 3-5% chalcopyrite assayed 1.85% Cu and 0.72g/t AuAirborne magnetic and ground IP surveys to define magnetite and sulphide-bearing skarn horizons and porphyry targets for ongoing drilling anticipated for completion by the end of JulyMr. Kevin Tomlinson CEO, commented, \"The extensive copper-gold mineralization and alteration styles we see at Jasperoide are typical of the big copper deposits in the nearby district which are driven by a porphyry at depth. Historically, Jasperoide was known only for near-surface oxide mineralization; however, recent intersections of copper sulphides in drilling below the oxide profile are supporting our interpretation that there will be deeper primary sulphide mineralization. We will use the new magnetic, radiometric and IP surveys to refine drilling for a feeder porphyry and to identify associated stacked skarn horizons. Surprisingly, airborne geophysics has never before been conducted at Jasperoide and we expect the surveys will provide a direct targeting tool for primary sulphide mineralization. Combining modern-day magnetic models wit...