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C3 Metals Continues to Intersect High Grade Copper at Jasperoide Project, Peru Including 119 metres of 1.15% Cu and 0.37 g/t Au
Toronto, Ontario--(Newsfile Corp. - July 27, 2021) - C3 Metals Inc. (TSXV: CCCM) ("C3 Metals...
About this update from C3 Metals Inc.
[{"type":"text","content":"C3 Metals Continues to Intersect High Grade Copper at Jasperoide Project, Peru Including 119 metres of 1.15% Cu and 0.37 g/t AuToronto, Ontario--(Newsfile Corp. - July 27, 2021) - C3 Metals Inc. (TSXV: CCCM) (\"C3 Metals\" or the \"Company\") is pleased to announce assays from an additional three holes from its ongoing drilling program of the Jasperoide Copper-Gold Project, Peru. The three holes were drilled on section line JAS2700, the drill line 50 metres north of high-grade intercepts reported on line JAS2650 (see Press Release May 25, 2021). The results extend high grade copper-gold mineralization within the zone of pervasive skarn development. Drill Program Highlights:Assays continue to confirm broad intervals of strong copper-gold mineralization including:JAS2700-03118.71m @ 1.15% Cu and 0.37 g/t Au from 87.3m including 29.95m @ 2.57% Cu and 0.50 g/t Au from 106.1.0mJAS2700-0299.81m @ 0.90% Cu and 0.34 g/t Au from 68.4m and JAS2700-01102.0m @ 0.61% Cu and 0.23 g/t Au from 79.0m Deposit remains open in all directionsFeeder style structure discoveredAssay results pending for 12 drill holes - drilling continuingKevin Tomlinson, CEO of C3 Metals commented, \"The high-grade results received from the first 10 holes of the 2021 drilling campaign have exceeded our predictions and provide strong evidence that a sizable copper-gold system is present at the Montaña de Cobre Zone. We are now drilling our 22nd hole on the zone with assays awaited on 12 holes. \"As we continue to drill Jasperoide, the results support our interpretation of a well-developed copper-gold skarn system linked to a mineralised porphyry intrusion at depth. To date, drilling has identified mineralized copper sulphide bearing porphyry fragments, porphyry type veining and most recently an interpreted feeder structure. These observations are important evidence of a porphyry system beneath or proximal to the skarn deposit as typically seen in the large copper mines operating in the district.\"Montaña de Cobre drilling is demonstrating that skarn hosted copper-gold mineralization is open in all directions and extends both laterally and along strike. The drill rig is currently positioned on section line JAS2800 (150m grid north of our first section reported on JAS2650) drilling the second of a planned three holes. Drill section spacing is planned to increase...