Drill Results
C3 Metals Geophysical Surveys Confirm Additional Large Coincident Magnetic and Gravity Anomalies at the Khaleesi Project, Peru
Geophysical surveys expand Khaleesi target footprint in Peru

Executive Summary
- C3 Metals completed an expanded 1,500-hectare drone magnetic and ground-based gravity survey at its Khaleesi copper project in Peru, increasing the scope from the initial 900 hectares.
- The survey identified three major coincident magnetic and gravity anomalies, including a significant new prospect located 2km northeast of the main skarn zone that has never been drill tested.
- Geophysical data correlates strongly with existing drill hole data confirming copper-gold mineralization, providing high confidence for targeting future drill programs planned for late 2026 and 2027.
- Surface mapping, soil sampling, and a 3D Induced Polarization (3DIP) survey are expected to be completed in Q4 2026 to detect chargeability highs and identify porphyry sources.
- The company plans to systematically follow up on high-grade mineralization and advance these new geophysical targets toward drill testing.
Material Impact
- The November 9, 2026 release confirms the successful correlation between geophysical anomalies and known mineralization at Khaleesi, validating the exploration strategy and expanding the target area by over 65%.
- This announcement follows the high-grade intercept reported on November 2, 2026 (64.9m at 3.45% CuEq) and the initial geophysical update from September 17, 2026. It represents an expected, incremental step in the systematic exploration program rather than a sudden discovery or operational milestone.
- The confirmation of blind skarn and porphyry targets under glacial till cover strengthens the geological model and justifies the planned late 2026 and 2027 drilling campaigns.
- The news does not alter the company's financial position or immediate operational timeline, as the 3DIP survey and drilling are already scheduled. The market impact is limited to reinforcing the exploration narrative ahead of the next drill results.
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Company Overview
- C3 Metals Inc. is a pre-revenue mineral exploration company focused on copper-gold projects in Peru and Jamaica.
- The flagship project is Khaleesi, a 100%-owned copper-gold skarn and porphyry system in southern Peru, located in the Andahuaylas-Yauri belt adjacent to major producers like Las Bambas and Cerro Verde.
- The company also holds a 100% interest in the Bellas Gate project in Jamaica (subject to a Freeport-McMoRan earn-in) and a 50% interest in the Super Block project.
- Khaleesi has progressed from initial surface sampling to active drilling, with over 16,830 meters drilled in 38 holes to date, confirming broad copper mineralization beneath glacial till cover.
- The company is advancing toward a maiden mineral resource estimate and economic scoping studies, with a strong focus on identifying high-grade cores and porphyry sources.
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Nov 02, 2026 · 06:46