C3 Metals Commences District-Scale 3DIP Geophysical Survey Over Bellas Gate Copper-Gold Project, Jamaica

Executive Summary

• C3 Metals has begun a 3DIP geophysical survey covering ~70 sq km of its 100% owned Bellas Gate project in Jamaica, expanding the surveyed area from 16 sq km.
• The survey aims to provide chargeability and resistivity data to depths of 700–1,000 m, enabling design of a 2026 drill program and identification of deeper drill targets.
• Completion is expected by December 2025; results will be integrated with existing magnetic, geochemical, and historical IP data to refine the project’s geological model.

Key Details

• Survey Scope: 3DIP survey area ≈ 70 sq km (≈ 16 km × 6 km), divided into Northwest (4 Rx lines) and Southeast (16 Rx lines) grids; line lengths ~7.5 km (NW) and ~5.5 km (SE).
• Technical Specs: Pole‑dipole array, VCR method, 250 m dipole spacing, 500 m transmitter intervals; data collected in successive 3‑D “patches.”
• Depth Capability: Reliable chargeability/resistivity measurements to > 700 m, potentially up to 1,000 m (vs. previous limit of ~300 m).
• Contractor: Dias Geophysical is executing the survey; anticipated completion December 2025.
• Purpose: Use new geophysical data together with existing magnetic, geochemical and historical IP datasets to design the 2026 drill program and generate near‑surface & deep drill targets for 2025–2026 campaigns.
• Project Context: Bellas Gate comprises three Special Exclusive Prospecting Licenses totaling 13,020 ha; prior drilling has intersected copper‑gold mineralization (e.g., Provost 390.7 m @ 0.37% Cu & 0.19 g/t Au).
• Earn‑In Agreement: Reference to existing earn‑in with Freeport‑McMoRan Exploration Corp., allowing Freeport to acquire up to 75% interest by funding up to US$75 million in exploration expenditures (announced Feb 11 2025).
• CEO Quote: Dan Symons emphasized the survey’s value for extending depth coverage and improving target definition for future drilling.

Notable Quotes

“The 3DIP Survey will provide us with valuable chargeability and resistivity data across the majority of the project area, and importantly, at depth… We will incorporate this survey data into our geologic model and use it as a tool when designing the 2026 drill program.” – Dan Symons, President & CEO

Materiality Assessment: Non‑Material – Positive (operational progress with no immediate financial impact).