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C3 Metals Highlights Potential Large-Scale Cu-Au System at Jasperoide, Peru
Toronto, Ontario--(Newsfile Corp. - September 30, 2020) - C3 Metals Inc. (TSXV: CCCM) (" C3 ...
About this update from C3 Metals Inc.
[{"type":"text","content":"C3 Metals Highlights Potential Large-Scale Cu-Au System at Jasperoide, PeruToronto, Ontario--(Newsfile Corp. - September 30, 2020) - C3 Metals Inc. (TSXV: CCCM) (\"C3 Metals\") is pleased to report that it has completed a comprehensive review of all historical data for the Jasperoide Porphyry-Skarn-district, located along the highly prospective Andahuaylas-Yauri Porphyry-Skarn belt of Peru. This belt hosts several large copper porphyry and skarn deposits, including Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore).Three high-priority areas for immediate follow up surface exploration and drilling have been identified.Montaña de Cobre Extensive 1.5 kilometres of strong copper and gold mineralization hosted in massive magnetite and garnet-diopside skarns coincident with an intense geophysical magnetic high Previous drilling intersected wide intervals of ore grade copper-gold mineralization which include: 185.2m @ 1.00% Cu, 0.39g/t Au in JADD11-03 (from 22.0m)1 114.9m @ 0.97% Cu, 0.37g/t Au in JADD12-03 (from 37.1m) 1including 34.5m @ 2.55% Cu, 0.69g/t Au (from 103.5m) 140.3m @ 3.54% Cu, 0.33g/t Au in JADD11-10 (from 70m) 1includes 24.3m @ 5.76% Cu, 0.10g/t Au (from 86m) 1Proximal diorite porphyry shows strong endoskarn and phyllic alteration with porphyry B-type veiningMineralization remains open in all directionsCresta Verde Outcropping massive magnetite skarn hosted copper-gold mineralization coincident with a strong magnetic anomaly extending north from Montaña de Cobre. A single historic drill hole into the magnetic feature intersected 23.5m @ 1.86% Cu (JADD11-20 from 19m) 1Three kilometres of untested strike potential for immediate step out drillingCallejón de Oro Strong magnetic anomaly extending for >1.2km to the southwest of Montaña de CobreHigh grade epithermal-style gold mineralization in trenches and soilsResults from Trench 24 and a single drill hole respectively include: 11m @ 19.5g/t Au and 1.23m @ 27.2g/t Au (from 210.9m) 1Target has been the subject of minimal scout drilling and remains highly prospectiveC3 Metals Executive Chairman, Tony Manini, commented: \"We view the Jasperoide project as an exceptional exploration opportunity due to the extensive footprint of copper and gold mineralization mapped at surface, and the strong historical drilling results reported from the Montan...