C3 Metals outlines geophysical anomalies at Khaleesi

Executive Summary

• Ground‑based magnetic, IP and MT surveys have identified large-scale anomalies that coincide with high‑tenor copper‑molybdenum and copper‑zinc soil geochemistry on the 100 % owned Khaleesi project in southern Peru.
• The data define a robust porphyry‑skarn target system and support a maiden 14‑hole, ~6,000 m diamond drill program slated for Q3 2025.
• Outcrop sampling within a 3.3 km² alteration zone returned assays up to 2.82 % Cu, 6.0 g/t Au, 57.7 g/t Ag and 403 ppm Mo, underscoring the project's high‑grade potential.

Key Details

• Geophysical Survey Extent:
• Magnetic survey – 45.5 line‑km (100 m spacing).
• IP survey – 24.5 line‑km (200 m spacing), 7 lines, depth reliability ≈600 m.

• MT/AMT – 14 full‑tensor stations covering ~4.4 km².

• Anomaly Highlights:

• Magnetic body 1,200 m × 800 m splits at 600–700 m depth into two ∼800 m × 800 m bodies.
• IP chargeability anomalies (high and low) align with resistivity anomalies; extend to ~600 m depth.
• Copper‑Molybdenum soil anomaly: 1,900 m × up to 650 m, averaging 950 ppm Cu.

• Copper‑Zinc soil anomaly: 470 m × 400 m, averaging 1,260 ppm Cu and 450 ppm Zn.

• Soil Geochemistry:

• Threshold for anomalous Cu in soils ≥300 ppm; identified zones far exceed this level.

• Outcrop Sampling (3.3 km² zone):

• Cu up to 2.82 %
• Au up to 6.0 g/t
• Ag up to 57.7 g/t

• Mo up to 403 ppm

• Planned Drilling:

• 14‑hole, ~6,000 m maiden diamond drill program targeting Skarn and South zones plus beneath glacial till.

• Expected start: Q3 2025.

• Strategic Context:

• Khaleesi lies 8 km west of Jasperoide project (13 skarn prospects, measured & indicated resource of 51.9 Mt @ 0.50 % Cu, 0.20 g/t Au).

• Project sits within a 31,000‑ha concession package less than 45 km from major mines Las Bambas (MMG) and Constancia (Hudbay).

• Qualified Person: Stephen Hughes, P.Geo., VP Exploration, has reviewed and approved the technical disclosure per NI 43‑101.