C3 Metals Inc. · TSXV:CCCM
C3 Metals — Investor Presentation (March 2023)
51 slides from C3 Metals's investor presentation, March 2023
Slide 1: Poised for Discovery
Poised for Discovery Corporate Presentation TSX.V: CCCM March 2023 C3METALS.COM
Slide 2: Forward-Looking Statement
FORWARD-LOOKING STATEMENT • Forward-Looking Statement This presentation contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments
Slide 3: C3 Metals: The Right People, The Right Properties
C3 Metals The Right People The Right Properties Poised for Discovery TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 3
Slide 4: Board & Senior Management
BOARD & SENIOR MANAGEMENT Serial Resource Industry Value Creators DAN SYMONS TONY MANINI BSc (Hons), FAusIMM, FSEG President & CEO, Director Chairman • +15 years of mining industry experience in • +30 years in exploration, mine development, mine business development, corporate operations, corporate
Slide 5: C3 Metals Value Proposition
C3 Metals Value Proposition Current market cap of C$30M - C$35M Q2 Maiden resource estimate Very large, strategic on first of several targets in mineral concession Peru – Q2 2023. package in Peru. Near-term, blue-sky upside: Jamaica is “new” to the New and Emerging District market with historical an
Slide 6: Exploring Two Meaningful Districts
EXPLORING TWO MEANINGFUL DISTRICTS PERU JAMAICA Known world class Where we believe we will show the world a Copper/Gold district new district Montego PERU Bay Ocho Rios Cr Caribbean Sea a Fa wl R ult i Zo ver Port Antonio ne ARTHURS SEAT MAIN HUNGRY JASPEROIDE RIDGE GULLY Lima BELLAS Kingston GATE P
Slide 7: Jasperoide Project in World Class Copper District
JASPEROIDE PROJECT IN WORLD CLASS COPPER DISTRICT Located <50km of three major copper-gold deposits 150000 200000 Location Perú ± PANORO ! TUMBES Ecuador PIURA AMAZONAS LORETO Colombia LAMBAYEQUE CAJAMARCA SAN MARTIN Brasil LA LIBERTAD ANCASHHUANUCO BHP PASCO UCAYALI Acomayo JUNIN RIO MMG’s LAS BAMB
Slide 8: District Scale Porphyry/Skarn Potential
DISTRICT SCALE PORPHYRY/SKARN POTENTIAL Porphyry, Skarn & Epithermal Cu-Au Mineralization 28km Magnetite Skarn Trend Porphyry Cu-Au at Khaleesi DIA Drill Permit Application JASPEROIDE DIA Drill KHALEESI Permit Area Skarn Sulphide Cu-Au Montana de Cobre Zone (Oxide Cu-Au Skarn) Cresta Verde Zone (Ska
Slide 9: Jasperoide Project Update
JASPEROIDE PROJECT UPDATE 28KM Magnetite Skarn Trend Magnetite Zone Inferred Tonnes (million) Fe (%) Aurora South 6.97 49.72 • Favorable Dolomite Horizon (approx. 100m Aurora North 9.08 49.01 thick) of the Ferrobamba Formation. Aurora sub-total 16.05 49.32 • Nine Magnetite Skarn Bodies over 28km Hui
Slide 10: Jasperoide 39/40 Copper-Gold Target
JASPEROIDE 39/40 COPPER-GOLD TARGET Extensive Small Scale Mining Operation TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 10
Slide 11: Jasperoide Accomplishments – Last Two Years
Jasperoide Accomplishments – Last Two Years Cu Au Ag Hole From To Length Tenements – Secured 26,800 Ha (%) (g/t) (g/t) over a highly prospective skarn and JAS2650-06 1.7 119.0 117.3 1.31 0.15 3.19 porphyry belt Including 59.0 119.0 60.0 2.38 0.14 3.31 Includes 77.0 115.5 38.5 3.50 0.12 4.32 Drilling
Slide 12: Montaña de Cobre Cu-Au Oxide Skarn
MONTAÑA DE COBRE Cu-Au OXIDE SKARN +650m Lateral Continuity, 75m to 250m Thickness Range Lower-Grade 235m @ 0.67% Cu, 0.34 g/t Au Mineralization at Surface (0.10 to 0.40 % Cu) der e Fe n atio id lph - Su gh Hi Higher-Grade Mineralization at 50-75 m (0.40 to +2.00 % Cu) TSX.V: CCCM | C3METALS.COM Exp
Slide 13: Jasperoide Geologic Model
JASPEROIDE GEOLOGIC MODEL Multiple Skarn, Epithermal and Porphyry Targets Sulphide Skarn Breccia, Tonalite Cut by Pyrrhotite- Pyrrhotite, Pyrite & Chalcopyrite Chalcopyrite Veins Chalcopyrite otite Montaña de Pyrrh 1 5 4 Cobre Zone Eroded Away Cresta Verde 2 3 Zone 5 Sulphide Breccia Oxide Copper- H
Slide 14: Jasperoide Project Update: 2023 Plans
JASPEROIDE PROJECT UPDATE 2023 Plans Q1 2023 Q2 2023 Q3 2023 Q4 2023 Geological Block Model of Jasperoide Block Montana De Cobre Maiden Resource Sighter Metallurgical Test Work Property-Wide Evaluation ONGOING and Drill Targeting Drill Permitting – Modified DIA Drill Permitting – ONGOING Other conce
Slide 15: New & Emerging Porphyry & Epithermal District
New & Emerging Porphyry & Epithermal District Tanama3 0.9Mt Cu & Romero 2 2.3Moz Au GoldQuest 2.5Moz Au Pueblo Viejo1 Barrick/Newmont 15Moz Au ult inho Fa io M 2 e River-R l Craw 1 3 1 1Barrick website, 2Goldquest website, 3Singer et al 2008 Source : USGS Crawle River-Rio Minho Fault Porphyry & Epit
Slide 16: Mining in Jamaica? It's the 2nd Biggest Industry!
MINING IN JAMAICA? IT’S THE 2nd BIGGEST INDUSTRY! Mining Law In Place For Over 75 Years Mining Law Chapter 253, Law 41 of 1947 § Historical Mining (1600s and 1800s) • Spanish and British, Charing Cross and Stamford Hill Copper-Gold Mines § Bauxite Industry (1952) • Export of bauxite ore for 70 years
Slide 17: Pennants Gold Mine (2002 – 2004)
PENNANTS GOLD MINE (2002 – 2004) First Gold Deposit in Jamaica to be put into Production • BHP (1992) defined a 3km gold in soil anomaly, discovered Pennants epithermal veins system • Orvana (1995-1998) reported bonanza gold grades in Pennants drill holes, including • 1.7m @ 429.78g/t gold in MD53 P
Slide 18: Jamaica Concession Package
JAMAICA CONCESSION PACKAGE 20,700 Ha in Emerging Porphyry & Epithermal Belt Montego Bay Cr Ocho Rios aw Caribbean Sea le R ive r-R io ARTHURS Mi nh o Fa SEAT Port Antonio ult Zo LEGEND ne HUNGRY City GULLY Port Road MAIN BELLAS Bauxite Plant RIDGE GATE Kingston . CRFZ – Terrific Geological Setting t
Slide 19: Porphyry & Epithermal Targets Identified Over 30km Strike
16 PORPHRY & 40 EPITHERMAL TARGETS IDENTIFIED OVER 30KM STRIKE Bellas Gate – Drill permits to June 2027 Main Ridge - Arthurs Seat – Expect 5 year drill Drill permits to permit H1 2023 November 2027 TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 19
Slide 20: Stamford Hill and Charing Cross Mined in 1800s
STANDFORD HILL AND CHARING CROSS MINED IN 1800s 62 Adits & Multiple Shafts Sunk Ø British mined high-grade epithermal copper-gold veins in the 1800s Ø Stamford Hill and Charing Cross veins mined during the 1850s. Ø Operated until 1863 Ø Reports indicate between 1854-1857, Adit to the 2nd Level at St
Slide 21: Bellas Gate Is Host to Porphyry Targets
BELLAS GATE IS HOST TO 12 PORPYRY TARGETS Five Targets Confirmed Through Drill Testing CONNORS PORPHYRY 4km Copper in Soils HOLE ID From To Length Cu (m) (m) (m) (%) Au (g/t) CON-14-004 28.0 144.0 116.0 0.58 0.48 Hendley CON9325-001 15.0 324.0 309.0 0.44 0.33 CAMEL HILL PORPHYRY L7N CAM92-01 0.0 236
Slide 22: Drill Priority 1: Geo Hill-Epidote Ridge-Connors
Drill Priority 1 : GEO HILL-EPIDOTE RIDGE-CONNORS Mag and IP Converge with Depth, Interpreted Bornite-Core GEO HILL PORPHYRY EPIDOTE RIDGE CONNORS PORPHYRY Prime Explorations Drill Hole - BHP Drill Hole – GEO92-01 hit 99.1m at CON92-2 hit 149.4m at 0.49% 0.38% copper (from 29.0m) and 27.1m at copper
Slide 23: Drill Priority 1: Geo Hill-Epidote Ridge-Connors
Drill Priority 1 : GEO HILL-EPIDOTE RIDGE-CONNORS Mag and IP Converge with Depth, Interpreted Bornite-Core GEO HILL PORPHYRY EPIDOTE RIDGE CONNORS PORPHYRY OZ Minerals Drill Hole – CON-14-004 hit 116.0m at 0.58% copper & 0.48 g/t gold (from 28.0m) *drilled off section TSX.V: CCCM | C3METALS.COM Expl
Slide 24: Drill Priority 1: Geo Hill-Epidote Ridge-Connors
Drill Priority 1 : GEO HILL-EPIDOTE RIDGE-CONNORS Mag and IP Converge with Depth, Interpreted Bornite-Core GEO HILL PORPHYRY EPIDOTE RIDGE CONNORS PORPHYRY OZ Minerals Mag and IP survey – 2015 TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 24
Slide 25: Drill Priority 1: Geo Hill-Epidote Ridge-Connors
Drill Priority 1 : GEO HILL-EPIDOTE RIDGE-CONNORS Mag and IP Converge with Depth, Interpreted Bornite-Core GEO HILL PORPHYRY EPIDOTE RIDGE CONNORS PORPHYRY C3 Metals Drill Hole in September 2022 – CON9325-001 hit 309m at 0.44% copper & 0.33 g/t gold Mag High on Section to the South TSX.V: CCCM | C3M
Slide 26: Drill Priority 1: Geo Hill-Epidote Ridge-Connors
Drill Priority 1 : GEO HILL-EPIDOTE RIDGE-CONNORS Mag and IP Converge with Depth, Interpreted Bornite-Core GEO HILL PORPHYRY EPIDOTE RIDGE CONNORS PORPHYRY C3 Metals Drill Hole in September 2022 – CON9325-001 hit 309m at 0.44% copper & 0.33 g/t gold Proposed Drill Holes TSX.V: CCCM | C3METALS.COM Ex
Slide 27: L2N Across Epidote Ridge Porphyry Prospect
L2N ACROSS EPIDOTE RIDGE PORPHYRY PROSPECT IP and Mag Anomalies Converge With Depth MAGNETIC VECTOR INVERSION 2 Connors Geo Hill Level Plan L2N 3 Slice 100m Blind Porphyry Target 1 Camel Hill IP CHARGEABILITY 1000m 2 Connors Geo Hill 3 Level Plan L2N Slice 100m Blind Porphyry Target 1 Camel Hill TSX
Slide 28: L2N Deeper View of IP Chargeability & Mag
L2N DEEPER VIEW OF IP CHARGEABILITY & MAG Appears to Converge with Depth, Central Porphyry Source? MAGNETIC VECTOR INVERSION 2 Connors Geo Hill Level Plan L2N 3 Slice 500m Blind Porphyry Target 1 Camel Hill IP CHARGEABILITY 1000m 2 Connors Geo Hill 3 Level Plan L2N Slice 400m Blind Porphyry Target 1
Slide 29: Drill Priority: Camel Hill Porphyry
Drill Priority 2 : CAMEL HILL PORPHYRY Bell Porphyry Model 4,000m Copper in Soils Cu Rocks Epidote >0.50% Ridge Mine Adit Connors Bull Geo Snap LEGEND Hill Porphyry Camel Epithermal 3,000m Copper in Soils Hill NEXT L1N Stamford SLIDE Pleasant Woodhall Hill Mine Hill Coffee 3km Kola Elma Top Hill Wee
Slide 30: Bell-Porphyry Model
BELL-PORPHYRY MODEL Barren Core, Bornite-Rich Porphyry on Margin, at Depth BELL PORPHYRY MODEL (Tujuh Bukit Example - Indonesia) Barren Barren Core Core Margins Margins Mineralized Mineralized TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 30
Slide 31: L1N Plan IP-Chargeability Slice
L1N PLAN IP-CHARGEABILITY SLICE No Soils Soil Anomaly 1500m X 1200m Cu-Soils Open to West Copper Soil Anomaly Blind Porphyry Charing Cross Adit 350m South 500m CAMEL PLEASANT HILL Gold Mine HILL Adit IP is not reliable below this depth CAMEL HILL PORPHYRY From To Length Cu Au Bell Porphyry HOLE ID (
Slide 32: Camel Hill-Connors-Geo Hill Porphyry Cluster
CAMEL HILL-CONNORS-GEO HILL PORPHYRY CLUSTER Multiple Porphyry and Epithermal Vein Systems 4Km Copper in Soils Cu Rocks Epidote >0.50% Ridge Connors Mine Adit Bull Geo Snap LEGEND Pleasant Hill Porphyry Hill Camel Epithermal Hill 3km Copper in Soils Stamford Hill Mine Woodhall Coffee 3km Kola SL EXT
Slide 33: Drill Priority 3: Coffee Porphyry Prospect
Drill Priority 3: COFFEE PORPHYRY PROSPECT Strongest Copper in Soils - Not Drill Tested – No Geophysical Data CONNORS PORPHYRY CON9325-001 309.0m @ 0.44% Cu & 0.33 g/t Au from 15.0m COFFEE PORPHYRY PROSPECT CON-14-004 114.0m @ 0.69% Cu & 0.52g/t Au from 28.0m Targeting a blind porphyry under Limesto
Slide 34: Drill Priority 4: Provost Porphyry
Drill Priority 4: PROVOST PORPHYRY Multiple Porphyry and Epithermal Vein Systems Hendley L7N Provost Lucky Valley L6N NEXT Ginger Ridge SLIDE L5N LEGEND Epidote L4N Ridge Porphyry Connors L3N Epithermal L2N Geo Hill Camel Bull L1N Hill Snap 5,000m Pleasant Woodhall Hill Stamford Hill Kola Coffee Elm
Slide 35: Provost Prospect
PROVOST PROSPECT Strongest Copper in Soils, Not Drill Tested Magnetic Vector Inversion 500m Slice Mag High = Cu Mag Low = No Cu Cu in Soils PVT16-003 PVT16-002 Not Mineralized PVT16-002 Anomalous 2 nd 298m at Pri Copper in 1st o ri Soils over a 0.30% Cu & Priority y t 0.13g/t Au 1,000m Includes Stri
Slide 36: Drill Priority 5: Hendley Porphyry
Drill Priority 5: HENDLEY PORPHYRY Multiple Porphyry and Epithermal Vein Systems Hendley L7N Lucky Valley NEXT SLIDE L6N Provost Ginger Ridge L5N LEGEND Epidote L4N Ridge Porphyry Connors L3N Epithermal L2N Geo Hill Camel Bull L1N Hill Snap 5,000m Pleasant Woodhall Hill Stamford Hill Kola Coffee Elm
Slide 37: Hendley Porphyry Prospect
HENDLEY PORPHYRY PROSPECT Strongest Copper in Soils, Not Drill Tested Magnetic Vector Inversion 500m Slice Mag High = Cu Mag Low = No Cu HEN15-006 Cu in Soils HEN15-003 44m @ 0.13% Cu & 262m @ 0.22% Cu & 0.07g/t Au 0.07g/t Au Large Magnetic Feature at Depth, With a Coincident IP Cu in Soil Anomaly C
Slide 38: Arthurs Seat – New Discovery
ARTHURS SEAT – New Discovery Porphyry & Epithermal Targets Montego Bay Cr Ocho Rios aw Caribbean Sea le R ive r-R io ARTHURS ARTHURS Mi nh SEAT Port Antonio o Fa ult Zo LEGEND ne HUNGRY City GULLY Port Road MAIN BELLAS Bauxite Plant RIDGE GATE Kingston . CRFZ Hosts 16 Porphyry and Over 40 Epithermal
Slide 39: 8km by 5km Mineralized Zone, 5km by 3km Epithermal Breccias
8km by 5km Mineralized Zone, 5km by 3km Epithermal Breccias 5.2% copper & 0.81 g/t gold Epithermal Style Gold-Copper Mineralization, Vein Hosted Crawle River R 16.5% copper, 4,890 g/t io Minho Fault silver & 0.50 g/.t gold Zone Discovered 8.0km by 4.5km Copper-Gold-Silver Zone The CRFZ District is h
Slide 40: Epithermal Quartz Structures
EPITHERMAL QUARTZ STRUCTURES 5KM BY 3KM AREA Epithermal Gold-Copper Mineralization, Hosted in Low to Intermediate Style Sulphidation Quartz Veins & Breccias 11.6 g/t gold 29.8 g/t gold Crawle River Rio Minho Fault Zone 14.4 g/t gold The CRFZ District is host to many prospects never drill tested TSX.
Slide 41: Pyrite Bornite GOLD
Pyrite Bornite GOLD TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 41
Slide 42: Arthurs Seat Porphyry & Epithermal Potential
ARTHURS SEAT PORPHYRY & EPITHEMAL POTENTIAL 3km Epithermal Breccia, Two Porphyry Targets Rocks : Cu >0.50% Gold Mineralized Epithermal Structure ARS5850-001 to 003 ARS5300-001 ARS4950-001 & 002 ARS4925-001 ARS4675-001 to 003 Two Discrete Mag Bodies Crawle River Rio-Minho Fault Zone Extensive Veining
Slide 43: Porphyry & Epithermal Potential
PORPHYRY & EPITHEMAL POTENTIAL Interpreted Porphyry Telescoped Bornite Over Epithermals Arthurs Seat Epithermal Quartz Breccia Swarm & Porphyry Prospect Blind Porphyry Crawle River-Rio Pindars River Minho Fault Zone Fault Zone Over 350 Rocks Assayed >0.10g/t Au Over 99 Rocks Along the Two Basalt Uni
Slide 44: Arthurs Seat
• Mineralized Trend from BSG to ARS • ARS 8km by 4.5km Anomalous Zone • 5km by 3km Epithermal Swarm • Porphyry Targets Never Drilled • Epithermal Breccias 3km Strike Arthurs Seat Bellas Gate Arthurs Seat From To Length Cu Au HOLE ID (m) (m) (m) (%) (g/t) Arthurs Seat CON-14-001 75.0 291.0 216.0 0.47
Slide 45: Main Ridge SEPL (30km2)
MAIN RIDGE SEPL (30KM2) Located Next to a Past Producing Gold Mine CRAWLE RIVER-RIO MINHO FAULT ZONE Montego Bay Ocho Rios CR Caribbean Sea AW LE R IVE R -R I ZO O MI NE NH O FA UL ARTHURS SEAT Port Antonio T LEGEND City MAIN RIDGE HUNGRY GULLY Port Road BELLAS GATE Bauxite Plant 100% Owned C3 Metal
Slide 46: Mineralization Extends Beyond Pennants Mine
MINERALIZATION EXTENDS BEYOND PENNANTS MINE Multiple High-Grade Gold & Copper Zones Field Confirmed TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 46
Slide 47: C3 Metals Catalysts
C3 Metals Catalysts Current market cap of C$30M - C$35M Maiden resource in Peru Peru offers exposure to large, expected to underpin value and strategic concession package in protect downside world-class copper-gold district Multiple “follow up” drill Jamaica: At least 16 porphyry targets in Jamaica
Slide 48: Contacts
CONTACTS DAN SYMONS President & CEO Tel: (416) 716-6466 dsymons@c3metals.com CORPORATE OFFICE 161 Bay St., 27th Floor Toronto, Ontario M5J 2S1 Tel: +1 (647) 953 5924 Toll Free: +1 (888) 416 6560 info@c3metals.com TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 48
Slide 49: Appendix
APPENDIX TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 49
Slide 50: Capital Structure, Shareholder Registry & Balance Sheet
CAPITAL STRUCTURE, SHAREHOLDER REGISTRY & BALANCE SHEET SHAREHOLDER INFORMATION CORPORATE INFORMATION1 Shares Outstanding 589.5M Warrants (avg $0.19) 6.0M Options (avg $0.10) 40.9M RSUs and DSUs 2.8M Share Price C$0.06 Market Cap (Undiluted) C$35.4M Cash on Hand C$3.6M2 1 At February 17, 2023 2 At D
Slide 51: Provost PVT16-002
PROVOST PVT16-002 Broad Zone of Mineralization, Pierced 10m-Copper-Rich Vein PVT16-002 Intersected 298m at 0.30% Cu & 0.13g/t Au and includes a 10m zone of intense quartz – magnetite alteration assaying at 1.3% Cu and 0.91g/t Au TSX.V: CCCM | C3METALS.COM Exploration Strategy | March 2023 51