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C3 Metals' Deep Drilling Provides Key Evidence of Porphyry System at Jasperoide Project, Peru
Toronto, Ontario--(Newsfile Corp. - May 17, 2022) - C3 Metals Inc. (TSXV: CCCM) ("C3 Metal...
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[{"type":"text","content":"C3 Metals' Deep Drilling Provides Key Evidence of Porphyry System at Jasperoide Project, PeruToronto, Ontario--(Newsfile Corp. - May 17, 2022) - C3 Metals Inc. (TSXV: CCCM) (\"C3 Metals\" or the \"Company\") is pleased to announce that the Company's deep core drilling at its Jasperoide copper-gold skarn/porphyry project in southern Peru has intersected a hydrothermal alteration system beneath the Montaña de Cobre zone. Drilling intersected a multi-phase hydrothermal alteration system that is coincident with a large Hybrid CSAMT anomaly and indicative of a classic porphyry model.Jasperoide Phase 2 Drill Program Highlights:Jasperoide alteration system at the Montaña de Cobre zone extends to over 1,000m depthCurrent drilling intersected a telescoped hydrothermal alteration system characterized by:Multi-stage calcite veins and breccias cut by pyrite-molybdenite veinsPhyllic altered porphyry fragments with sulphides in a hydrothermal brecciaSignificant anhydrite alteration in veins and brecciasTrace chalcopyrite identified in epithermal veins and on fracturesHigh sulphidation breccias and veins containing pyrite-sphalerite mineralizationHybrid-CSAMT geophysics provides a 3D image of Jasperoide's subsurface \"plumbing\" system Stephen Hughes, Vice President Exploration of C3 Metals, commented, \"C3 Metals is testing deeper levels of the Jasperoide copper-gold system and we are seeing important geologic evidence confirming that hydrothermal alteration at the Montaña de Cobre zone extends to depths of over 1,000 metres. Alteration of this scale is typically associated with large-scale porphyry systems, confirming our interpretation that a porphyry system is the driving force behind well developed skarns.\"\"We are seeing molybdenite-pyrite veins that are reminiscent of similar style veining that I have seen at porphyry systems in Indonesia. In the breccias, we identified altered porphyry fragments that contain pyrite veins and these fragments have been ripped from a porphyry system at depth. With each drill hole we see more and more porphyry indicators and we remain committed to unlocking the true value of this impressive land package.\" Phase 2 Drill Program Phase 2 drilling is well underway, with the first deep hole (JAS3000-06) completed to 1,180m depth and the second hole (JAS2800-7) currently in progress at 1,050 met...