C3 Metals Completes District Scale 3DIP Survey Over the Bellas Gate Project, Jamaica; Confirms Multiple Deep-Seated Porphyry Targets

C3 Metals Inc. (CCCM) has completed a district-scale 3D-electrical geophysical survey (3DIP) over its 100%-owned Bellas Gate project in Jamaica, covering an area of 82.5 square kilometers. The survey identified multiple deep-rooted chargeability anomalies that coincide with known porphyry belts at the Provost, Kola, and Lucky Valley prospects.

To test these high-priority geophysical targets, the company has designed an 11-hole, 10,800-meter diamond drill program. Drilling is scheduled to commence in October 2026 and run through April 2027. The release contextualizes these new targets with historical intercepts, including 309m at 0.44% Cu and 0.33 g/t Au at Connors, and 294m at 0.30% Cu at Camel.

The Bellas Gate project remains subject to a Freeport-McMoRan earn-in agreement, allowing Freeport to acquire up to 75% by funding up to US$75 million in exploration expenditures.

C3 Metals Inc. (CCCM) completed a planned 3DIP survey in October 2025, a milestone that confirms the geophysical data successfully identified targets for an upcoming drill program. This development validates the technical approach and represents an incremental step in the exploration lifecycle, though it does not yet provide assay results or resource estimates.

The stock has declined significantly from its 52-week high of $1.48 to $0.75. While the reliance on a $75 million earn-in from Freeport-McMoRan mitigates immediate capital needs for the Bellas Gate project, the company remains pre-revenue with a stated going concern flag in its latest MD&A. The market impact is expected to be neutral to mildly positive, as the news aligns with prior expectations and lacks immediate financial or valuation catalysts.

C3 Metals Inc. (CCCM) is a pre-revenue exploration company focused on copper, gold, silver, and molybdenum projects in Peru and Jamaica. Its flagship Khaleesi Copper-Gold Project in Peru recently completed a maiden 12-hole, 6,300-meter drill program that intersected broad copper zones and skarn/potentially porphyry-style mineralization. Geochronology confirmed a ~35.8 Ma mineralization age, aligning with major regional deposits like Las Bambas and Antapaccay.

The company also operates secondary projects in Jamaica, including the 100%-owned Bellas Gate and the 50% joint venture with Geophysx, Super Block. Bellas Gate hosts multiple porphyry prospects with historical drilling showing moderate-to-strong copper-gold mineralization. C3 Metals operates within the world-class Andahuaylas-Yauri porphyry-skarn belt in Peru and holds a strategic 31,000-hectare land package.