C3 Metals Intersects 51.1 Metres at 0.54% Copper and 0.31 g/t Gold (0.86% CuEq), Including 18.0 Metres at 1.08% Copper and 0.76 g/t Gold (1.85% CuEq) in Second Drill Hole at Khaleesi Copper Project, Peru

Executive Summary

• C3 Metals announced the results of its second drill hole (KHZ5800‑002) at the 100 % owned Khaleesi copper project, intersecting a high‑grade zone of 51.1 m averaging 0.54 % Cu, 0.31 g/t Au, 3.21 g/t Ag and 6 ppm Mo (0.86 % CuEq).
• A standout sub‑interval of 18.0 m returned 1.08 % Cu, 0.76 g/t Au, 7.62 g/t Ag and 7 ppm Mo (1.85 % CuEq), representing a new porphyry‑style mineralization overprinting skarn.
• The hole confirms multiple copper‑mineralizing events and expands the known high‑grade zone, prompting plans for additional scout holes to test the sheeted veinlet system down‑dip.

Key Details

• Hole ID: KHZ5800‑002 (collared on marble‑diorite contact).
• Depth & Intercepts:
• 339.6 m – 390.7 m: 51.1 m @ 0.54 % Cu, 0.31 g/t Au, 3.21 g/t Ag, 6 ppm Mo (0.86 % CuEq).
• Included 39.1 m @ 0.66 % Cu, 0.39 g/t Au, 4.01 g/t Ag, 6 ppm Mo (1.06 % CuEq).
• Highlighted 18.0 m @ 1.08 % Cu, 0.76 g/t Au, 7.62 g/t Ag, 7 ppm Mo (1.85 % CuEq).
• Additional Intercepts:
• 13.9 m – 21.9 m: 8.0 m @ 0.42 % Cu, 0.04 g/t Au, 2.03 g/t Ag, 27 ppm Mo (0.49 % CuEq).
• 488.3 m – 501.5 m: 13.2 m @ 0.29 % Cu, 0.04 g/t Au, 0.99 g/t Ag, 25 ppm Mo (0.35 % CuEq).
• Mineralization Style: First porphyry‑style sheeted quartz veinlet overprint on garnet‑skarn; contrasts with first hole’s magnetite skarn mineralization.
• Geological Context: Intersects chalcocite, bornite, chalcopyrite and visible gold within sheeted quartz veins; suggests multiple hydrothermal events and a “heat engine” target for deeper drilling.
• Exploration Progress: 4,200 m of the planned 6,300 m program completed (8 holes drilled, assays pending on six). Two additional holes currently in progress.
• Next Steps:
• Drill multiple scout holes under thin glacial till to test the high‑grade sheeted vein zone and probe deeper for the causative intrusion.
• Continue oriented core work to map structural trends (dominant NE‑SW strike) and model bornite contours.
• Quotes:
• Dan Symons, President & CEO: “Our second hole at Khaleesi has delivered a high‑grade intercept… we are very keen to get additional pierce points into this high‑grade zone… with oriented drill core, we should be able to follow the porphyry‑style sheeted veinlets down dip.”

Notable Quotes

• “The high‑grade copper and gold mineralization is associated with chalcocite, bornite, chalcopyrite and visible gold correlated with porphyry‑style sheeted quartz veinlets… This is precisely what we want to see.” – Dan Symons, President & CEO.