C3 receives approvals to start drilling at Khaleesi
Executive Summary
- C3 Metals Inc. has secured all required Peruvian regulatory approvals to commence its maiden 6,000‑metre, 14‑hole diamond drill program at the Khaleesi copper‑gold project, targeting start in September 2025.
- The approval package includes surface access agreements with the Cancahuani community, an environmental impact permit (DIA), and authorizations for exploration activities and water use.
- Extensive prior work—geologic mapping, geochemical, magnetic, IP, MT surveys, and soil sampling—has identified multiple large copper‑molybdenum and copper‑zinc anomalies, supporting a high‑priority drill target on an undrilled skarn/porphyry system within the Andahuaylas‑Yauri belt.
Key Details
- Regulatory approvals obtained:
- Surface access & drilling agreements with Cancahuani community (social licence)
- Declaración de Impacto Ambiental (DIA) – environmental permit
- Autorización de Inicio de Actividades de Exploración – exploration start authorization
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Autorización de Uso de Agua – water use authorization
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Planned drill program:
- 14‑hole, 6,000 m total diamond drilling
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Anticipated commencement: September 2025
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Geophysical & geochemical highlights supporting the drill target:
- Large near‑surface magnetic body splitting into two deeper bodies; coincident IP chargeability and resistivity anomalies to ~600 m depth.
- Soil geochemistry: 1,900 m × 650 m copper‑molybdenum anomaly (average 950–1,260 ppm Cu) and a 470 m × 400 m copper‑zinc anomaly (average 1,260 ppm Cu, 450 ppm Zn).
- MT/AMT survey shows a conductive body aligned with magnetic and IP anomalies.
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Outcrop samples: up to 2.82 % Cu, 6.0 g/t Au, 57.7 g/t Ag, 403 ppm Mo.
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Project context:
- Khaleesi sits within a 31,000‑ha concession package ~8 km west of the Jasperoide project and ~45 km from major mines Las Bambas (MMG) and Constancia (Hudbay).
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No prior drilling has been performed on Khaleesi; it is the first company to drill this prospect.
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Company statements:
- Dan Symons, President & CEO, emphasized the strategic importance of obtaining approvals and highlighted the extensive technical data already gathered.
Notable Quotes
“Khaleesi has long been a top geological target in our portfolio. We are very pleased that all necessary approvals are in hand for our first drill campaign at this exciting property.” – Dan Symons, President & CEO
Qualified Person statement: Stephen Hughes, P.Geo., Vice‑President of Exploration and Director, reviewed and approved the technical disclosure per NI 43‑101.