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C3 Metals Intersects 51.1 Metres at 0.54% Copper and 0.31 g/t Gold (0.86% CuEq), Including 18.0 Metres at 1.08% Copper and 0.76 g/t Gold (1.85% CuEq) in Second Drill Hole at Khaleesi Copper Project, Peru
Toronto, Ontario--(Newsfile Corp. - January 21, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUA...
About this update from C3 Metals Inc.
[{"type":"text","content":"C3 Metals Intersects 51.1 Metres at 0.54% Copper and 0.31 g/t Gold (0.86% CuEq), Including 18.0 Metres at 1.08% Copper and 0.76 g/t Gold (1.85% CuEq) in Second Drill Hole at Khaleesi Copper Project, PeruToronto, Ontario--(Newsfile Corp. - January 21, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) (\"C3 Metals\" or the \"Company\") is pleased to announce results on the second drill hole at its 100%-owned Khaleesi copper project (\"Khaleesi\" or \"the Project\") in southern Peru. The hole intersected 51.1m at 0.54% copper, 0.31 g/t gold, 3.21 g/t silver and 6 ppm molybdenum (0.86% CuEq) from 339.6m downhole depth (approximately 250m vertical depth). This intercept includes 39.1m at 0.66% copper, 0.39 g/t gold, 4.01 g/t silver and 6 ppm molybdenum (1.06% CuEq). Within that interval is 18.0m at 1.08% copper, 0.76 g/t gold, 7.62 g/t silver and 7 ppm molybdenum (1.85% CuEq).The second drill hole at Khaleesi, KHZ5800-002, was collared along the marble-diorite contact and targeted the southwest extension of the copper mineralization intersected in KHZ5800-001 that intersected multiple zones of mineralization including 269.0m at 0.30% copper, including 60.4m at 0.41% copper (see press release dated December 15, 2025). KHZ5800-002 was designed to test underneath magnetite and garnet skarns at surface and the southwest extension of large coincident chargeable and magnetic 3D highs (Figures 3 and 4). Table 1: Significant assays in second Khaleesi drill hole KHZ5800-002Hole IDFrom(m)To(m)Length(m)Cu(%)Au(g/t)Ag(g/t)Mo (ppm)CuEq*(%)KHZ5800-00213.921.98.000.420.042.03270.49339.6390.751.100.540.313.2160.86Including343.6382.739.100.660.394.0161.06Including 364.7382.718.001.080.767.6271.85488.3501.513.200.290.040.99250.35 Notes*Copper Equivalent (CuEq) for drill intersections is calculated based on a three-year trailing average for each commodity (2023, 2024 and 2025) which equates to US$ 4.18/lb Cu, US$ 2,600/oz Au, US$ 30.54/oz Ag and US$ 21.46/lb Mo, with 80% metallurgical recoveries assumed for all metals. The formula is: CuEq % = Cu % + (0.907 x Au g/t) + (0.0107 x Ag g/t) + (0.00051 x Mo ppm). Since it is unclear what metals will be the principal products and as Khaleesi is an early-stage greenfield project with no metallurgical test work completed, assuming different recoveries is premature at this stage. As such an 80% recovery r...