C3 Metals Commences District-Scale 3DIP Geophysical Survey Over Bellas Gate Copper- Gold Project, Jamaica
C3 Metals Commences District-Scale 3DIP
Geophysical Survey Over Bellas Gate Copper-
Gold Project, Jamaica
Toronto, Ontario--(Newsfile Corp. - October 6, 2025) -
C3 Metals Inc.
(TSXV: CCCM) (OTCQB:
CUAUF) ("C3 Metals" or the "Company") is pleased to announce it has commenced a 3DIP geophysical
survey ("3DIP Survey") at the Company's 100% owned Bellas Gate project in Jamaica.
The purpose of
the 3DIP Survey is twofold: to extend the area covered from 16 sq. km to approximately 70 sq. km, and
secondly, to identify drill targets to beyond 700m depth — well beyond the 300m depth limitation of
previous survey(s).
Dias Geophysical has been contracted to undertake the 3DIP Survey (Figure 1).
Completion is anticipated in December 2025.
3DIP chargeability and resistivity results, together with
existing magnetic geophysical data and geochemical data, will be used to design the 2026 drill
program.
Dan Symons, President and CEO, stated
, "The 3DIP Survey will provide us with valuable chargeability
and resistivity data across the majority of the project area, and importantly, at depth.
Previous
exploration has been successful in identifying copper-gold porphyry mineralization where we see
coincident magnetic and chargeability 'highs' coupled with strong surface geochemistry.
However, our
existing IP data covers only 16 sq. km and is only reliable to approximately 300m depth.
This 3DIP
Survey will cover approximately 70 sq. km and is intended to be reliable to beyond 700m depth and
potentially to 1,000m.
We will incorporate this survey data into our geologic model and use it as a tool
when designing the 2026 drill program."
The Bellas Gate Project comprises three separate Special Exclusive Prospecting Licenses and totals
13,020 hectares (see Figure 2). On February 11, 2025, the Company announced it had entered into an
earn-in agreement with Freeport-McMoRan Exploration Corporation ("Freeport"), a wholly-owned
affiliate of Freeport-McMoRan Inc. (NYSE: FCX) whereby Freeport can earn up to 75% in the project by
funding up to US$75 million in exploration and project related expenditures (see press release dated
February 11, 2025).
Bellas Gate 3DIP Survey Highlights:
Historical IP data shows strong correlation of IP Chargeability anomalies coincident with copper-in
soil and airborne magnetic anomalies within three major porphyry belts.
The 3DIP Survey will cover an area measuring approximately 16km by up to 6km wide (Figure 1).
The 3DIP Survey aims to penetrate deeper into known porphyry systems with reliability down to
700m and potentially to 1,000m.
The Company plans to evaluate the geophysical data in real time to generate near surface and
deep drill targets for the 2025 and 2026 drilling campaigns.
Well-developed porphyry systems at Bellas Gate occur along three distinct corridors and are defined by
coincident copper soil, airborne magnetic and induced polarization anomalies.
Priority porphyry systems
at Provost, Connors, and Camel Hill have been drill tested to shallow levels and confirmed moderate to
strong copper-gold mineralization in each project, including:
Provost:
390.7m at 0.37% Cu and 0.19 g/t Au in PVT0900-002 from 64.1m
, including 279.5m
at 0.43% copper and 0.24 g/t gold (See press release dated September 25, 2023).
Camel Hill:
208m at 0.43% Cu and 0.20 g/t Au in CMH8350-001 from only 22m downhole
,
including 135m at 0.52% Cu and 0.27 g/t Au (See press release dated October 4, 2023).
Connors:
309.0m at 0.44% Cu and 0.33g/t Au in CON9325-001 from 15.0m
(See press
release September 12, 2022).
The historical IP survey at Bellas Gate project area was limited to a 4km by 4km area (Figure 1).
IP data
from this historical survey confirmed a strong correlation between the high chargeability anomalies and
copper mineralization, but accuracy is limited to approximately 300m depth.
Initial drilling at Bellas Gate
into approximately the first 500m confirms that the porphyry systems remain open at depth with multiple
holes ending in copper-gold mineralization.
The objective of the 3DIP Survey is to see deeper into these systems and evaluate the other identified
near surface targets that are located outside the historical IP survey area (Figure 1).
The 3DIP Survey
spans two grids-Northwest (NW) and Southeast (SE)-with average line lengths of approximately 7.5 km
and 5.5 km, respectively. The NW grid includes 4 receiver (Rx) lines, while the SE grid comprises 16 Rx
lines. The configuration employs a pole-dipole array with the VCR (common voltage reference) method,
featuring 250-metre dipole spacing and 500-metre transmitter station intervals. The layout advances in
successive 3D 'patches,' and receiver lines are spaced to optimize coverage.
Geophysical data from the 3DIP Survey should enable the Company to refine drill targets and potential
extensions of copper-gold mineralization from known porphyry systems prospects.
Figure 1: Showing the Bellas Gate project area and the current 3DIP Survey area vs. the historical 2DIP
survey area.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2661/269198_69f53d62a4d59bc9_001full.jpg
Figure 2: Map showing the Bellas Gate Project area identifying the locations of the copper-gold porphyry
prospects and a volcanic redbed copper-silver prospect.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2661/269198_69f53d62a4d59bc9_002full.jpg
For additional information, contact:
Dan Symons
President and CEO
+1 416 716 6466
ABOUT C3 METALS INC.
C3 Metals Inc. is a mineral exploration company focused on creating substantive value for its
shareholders through the discovery and development of large copper and gold deposits.
The Company
holds approximately 31,000 hectares located in the prolific high-grade Andahuaylas-Yauri Porphyry-
Skarn belt of Southern Peru.
Mineralization at Jasperoide is hosted in a similar geological setting to the
nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay
(Glencore).
At Jasperoide, the Company has identified over 15 skarn prospects and an outcropping
porphyry system over two parallel 28km belts.
The Company has published a maiden resource estimate
on the first of these skarn targets, which contained Measured & Indicated Resources of 52Mt at 0.5%
copper and 0.2 g/t gold
1
.
The Company is also actively exploring in Jamaica where it has identified 16
porphyry, 40 epithermal and multiple volcanic redbed copper prospects over a 30km strike extent.
The
Company holds a 100% interest in 17,855 hectares of exploration licenses, of which Freeport-McMoRan
Exploration Corporation, a wholly-owned affiliate of Freeport-McMoRan Inc. (NYSE: FCX), has the
option on 13,020 hectares to earn up to a 75% interest by funding up to US$75 million of exploration and
project related expenditures.
The Company also holds a 50% interest in 9,870 hectares in a joint venture
with Geophsyx Jamaica Ltd, the largest mineral tenure holder in the country.
Barrick Mining Corp.
announced on May 1, 2024 that it had entered into an earn-in agreement with Geophysx Jamaica Ltd. on
approximately 400,000 hectares of exploration licenses, several of which surround C3 Metals' mineral
concessions.
Mining is currently the second largest industry in Jamaica, and historical mining dates back
to the colonial eras of the 1500s (Spanish) and 1800s (British).
Related Link:
www.c3metals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
QP Statement
Stephen Hughes, P.Geo. is Vice President Exploration and a Director for C3 Metals and is a Qualified
Person as defined by National Instrument 43-101.
Mr. Hughes has reviewed the technical information in
this news release and approves the written disclosure contained herein.
Caution Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward-looking information. These
statements relate to future events or future performance. The use of any of the words "could", "intend",
"expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking information and are based on
the Company's current belief or assumptions as to the outcome and timing of such future events. Actual
future results may differ materially. In particular, this release contains forward-looking information relating
to, among other things, the exploration operations of the Company. Those assumptions and factors are
based on information currently available to the Company.
Although such statements are based on
reasonable assumptions of the Company's management, there can be no assurance that any
conclusions or forecasts will prove to be accurate.
While the Company considers these assumptions to be reasonable based on information currently
available, they may prove to be incorrect. Forward looking information involves known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or achievements
to be materially different from any future results, performance or achievements expressed or implied by
the forward-looking information. Such factors include risks inherent in the exploration and development of
mineral deposits, including risks relating to changes in project parameters as plans continue to be
redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral
prices and the worldwide demand for and supply of minerals, risks related to increased competition and
current global financial conditions, access and supply risks, reliance on key personnel, operational risks,
and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits,
financing, capitalization and liquidity risks.
The forward-looking information contained in this release is made as of the date hereof, and the
Company is not obligated to update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors should not place undue reliance on
forward-looking information. The foregoing statements expressly qualify any forward-looking information
contained herein.
1
Based on the assumptions and parameters outlined in the NI 43-101 Technical Report titled Jasperoide Copper-Gold Project Cusco Region, Peru
dated July 5, 2023.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/269198