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C3 Metals (TSXV:CCCM) mobilizes second drill rig to Jasperoide, Peru

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TSXV:CCCM
07 February 2022 13:00 (EDT)

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C3 Metals (CCCM) has mobilized a second and larger drill rig on site at Jasperoide, Peru.

The new rig is set up on the first drill platform to test a high potential porphyry and stacked skarn copper-gold target delineated from recently acquired geophysical data coupled with 2021 drill results.

Jasperoide Stage 2 drill program highlights:

Kevin Tomlinson, President and CEO of C3 Metals sat down with Dave Jackson to discuss the drill program.

“The 2021 exploration season in Peru was very successful. The initial program of 11,700 metres of diamond drilling delineated a sizeable, shallow, high-grade oxide copper-gold skarn system at the Montaña de Cobre zone and intersected highly promising skarn-hosted copper sulphide mineralization at Cresta Verde zone.

Our initial drilling coupled with newly acquired geophysical and geological data strongly supports our interpretation that a deeper-seated causative porphyry is driving the large mineralized hydrothermal system at Jasperoide. The presence of multi-phase intrusions, extensive skarn development, mineralized porphyry fragments, molybdenite mineralization, porphyry-style alteration and high sulphidation feeder structures are all features common in other large scale porphyry copper systems in Peru.

We are very excited to be drilling these compelling targets. The Jasperoide system is extensive with the high-grade MCZ copper-gold deposit representing only part of the overall potential. The larger drill will enable us to more effectively test for additional copper-gold skarn bodies and the causative porphyry copper source at depth.”

C3 Metals is a junior mining company engaged in the identification, acquisition, evaluation, and exploration of mineral properties.

Shares of C3 Metals Inc. (CCCM) opened trading at C$0.12.

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