Northwire Canada EditionMonday, November 2, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

C3 Metals Significantly Expands Copper Mineralization at Khaleesi Project, Peru with 67.6 Metres at 0.51% Copper Equivalent and 60.9 Metres of 0.55% Copper Equivalent in Two New Skarn Discoveries

C3 Metals begins geophysics to expand the Khaleesi skarn footprint in Peru as shares consolidate near multi-month lows.

By The Northwire Desk — AI Analysis Jun 24, 2026 · 07:01 CCCM · 0.65 C3 Metals Inc.
Executive Summary
  • C3 Metals announced assay results from 10 new drill holes at its 100%-owned Khaleesi copper project in southern Peru.
  • The results confirm the discovery of two new garnet-magnetite skarns located approximately 400m and 1,000m southwest of the main skarn body, alongside new manto-style copper mineralization.
  • Key intercepts include 67.6m at 0.45% Cu (0.51% CuEq), a high-grade 4.2m zone grading 2.97% Cu (3.16% CuEq), and 60.9m at 0.50% Cu (0.55% CuEq).
  • Drilling beneath glacial till intersected 109.0m at 0.29% Cu (0.39% CuEq) and 118.0m at 0.30% Cu (0.37% CuEq), demonstrating significant vertical and lateral expansion.
  • Total drilling to date stands at ~13,600m across 31 holes since September 2025.
  • The company is temporarily reducing drilling to one rig to prioritize expanded geophysical surveys (drone magnetics, 3D IP, gravity) scheduled from mid-June to September 2026.
  • Surface mapping and soil sampling will double the exploration footprint from ~8 sq km to 16 sq km to guide future drilling.
Material Impact
  • The results are a logical and expected progression of the maiden drill program initiated in late 2025.
  • The discovery of two new skarns and manto-style mineralization validates the geological model and expands the known mineralized footprint, which is positive for long-term resource potential.
  • However, the intercepts are consistent with prior phases and do not represent a sudden, game-changing discovery that alters the project's economic viability or valuation profile.
  • The shift to geophysics is a standard operational step to de-risk and target the next phase of drilling.
  • The news is incremental, confirming management's exploration thesis without introducing unexpected market-moving catalysts.
CCCM · Price
Company Overview
  • C3 Metals Inc. is a pre-revenue junior exploration company focused on copper, gold, silver, and molybdenum projects in Peru and Jamaica.
  • Flagship Project: Khaleesi Copper-Gold Project (100% owned, southern Peru). It is a greenfield skarn/porphyry system located in the world-class Andahuaylas-Yauri belt, ~45km from major mines Las Bambas and Constancia.
  • Other Assets: Super Block Project (50% JV, Jamaica) and Bellas Gate Project (100% owned, Jamaica, subject to Freeport-McMoRan earn-in).
  • Management: Led by CEO Dan Symons and VP Exploration Stephen Hughes, both with extensive industry experience.
Read the original news release →

More from C3 Metals Inc.

Oct 27, 2026 · 07:02

C3 repeats 0.38% CuEq in Khaleesi hole 38, while deeper skarn mineralisation was not repeated in the adjacent hole.

Drill Results Sep 17, 2026 · 07:01

C3 expands the Khaleesi geophysics target footprint ahead of planned Q4 drilling activities at the project.

Drill Results Sep 15, 2026 · 07:01

C3 extends the Khaleesi system to 500m depth with broad step-out intersections, though grades remain marginal.

Drill Results Aug 11, 2026 · 07:01

C3’s district-scale 3DIP survey identified deep porphyry targets at the Bellas Gate project.

Drill Results Apr 29, 2026 · 07:01

C3 Metals Confirms Khaleesi Copper System Viability Amidst Market Correction

Drill Results Mar 09, 2026 · 19:07

C3 Metals releases geochronology results at Khaleesi

Drill Results