C3 Metals Intersects Broad Zones of Gold Mineralization in First Drill Holes at Super Block Project, Jamaica

Executive Summary

• C3 Metals intersected gold mineralization in all four initial scout holes drilled at the Super Block project (50% JV with Geophysx Jamaica).
• Assays show multiple intercepts ranging from 0.37 g/t to 2.48 g/t Au over intervals up to ~23.8 m, confirming a broad epithermal gold‑silver system along a 5 km trend.
• The company plans to drill an additional 10 scout holes (total 14 holes, ~2,500 m) in 2025 to further test the PEZ, former Pennants Mine and DHZ targets.

Key Details

• Project: Super Block (50% owned JV with Geophysx Jamaica), located on a 5 km gold trend in eastern PEZ, ~1.8 km from historic Pennants Gold Mine.
• Drill Program: Phase 1 scout diamond drilling – first four holes completed; total program to comprise 14 holes and ~2,500 m by year‑end. Six holes (≈1,020 m) already finished, a seventh in progress.
• Assay Highlights (selected intercepts):
• Hole SUP4025‑001: 23.80 m @ 0.51 g/t Au (52.85–76.65 m) and 10.25 m @ 1.23 g/t Au (112.70–123.00 m).
• Hole SUP4025‑002: 2.45 m @ 1.82 g/t Au (133.00–133.50 m); 7.50 m @ 0.52 g/t Au (157.50–165.00 m).
• Hole SUP4025‑003: 5.00 m @ 1.17 g/t Au (62.00–67.00 m); 1.00 m @ 2.48 g/t Au (94.50–95.50 m).
• Hole SUP4025‑004: 3.00 m @ 0.71 g/t Au (118.80–121.80 m); 9.50 m @ 0.38 g/t Au (131.50–141.00 m).
• Geology: Mineralization hosted in low‑sulphidation epithermal veins, stockworks and fault zones within the Main Ridge Formation (Cretaceous volcanic inlier). Alteration includes adularia, illite, smectite, carbonate, silica and zeolite.
• Interpretation: Gold appears structurally controlled, analogous to the low‑sulphidation epithermal style of the historic Pennants Mine; suggests a potentially large system with higher‑grade zones yet to be intersected.
• Next Steps: Conduct petrographic and spectrometer studies; continue drilling 10 additional scout holes along the trend; evaluate alteration styles and geochemical signatures to vector toward higher grades.

Notable Quotes

“The fact that we have encountered gold mineralization in all the first four holes is highly encouraging… indicative of a potentially large epithermal system.” – Dan Symons, President & CEO

Materiality Assessment: Non‑Material – Positive (early exploration results are favorable but not yet material to valuation).