C3 Metals Inc. Commences Diamond Drilling at Bellas Gate Copper-Gold Project

Strategic Insights -

C3 Metals Inc. has initiated a diamond drilling program at its Bellas Gate copper-gold project in Jamaica, aiming to test multiple prospects along an 18-kilometer strike length. This comprehensive program will involve drilling nine holes over 2,750 meters, conducted in conjunction with an extensive geophysical survey. The project, spanning 13,020 hectares under three Special Exclusive Prospecting Licenses, has previously demonstrated copper-gold mineralization at prospects such as Provost, Camel Hill, and Connors, with notable intercepts including 390.7 meters at 0.37% copper and 0.19 g/t gold. The drilling program and geophysical survey are set to provide significant data that will aid in targeting deeper into the copper-gold porphyry systems, ultimately informing where to rank deeper holes.

Key Takeaways:

  • C3 Metals Inc. is conducting a diamond drilling program at its Bellas Gate copper-gold project in Jamaica, targeting 14 porphyry targets and a volcanic redbed copper-silver zone.
  • The program will comprise nine holes over 2,750 meters, with an extensive geophysical survey also being conducted.
  • Previous drilling at the project has confirmed copper-gold mineralization at prospects including Provost, Camel Hill, and Connors, with notable intercepts such as 390.7 meters at 0.37% copper and 0.19 g/t gold.
  • The drilling program is part of a larger earn-in deal with Freeport-McMoRan Exploration, under which the US miner can acquire up to 75% of the project by funding as much as $75 million in exploration and related costs.
  • The redbed copper-silver target will be tested by five short holes after soil sampling outlined a 2.7-kilometer-anomalous copper zone.

Statistics:

  • 18 kilometers strike length of the project area to be targeted by the diamond drilling program.
  • 14 porphyry targets to be tested by the drilling program.
  • 9 holes to be drilled over 2,750 meters.
  • 13,020 hectares, the total area under three Special Exclusive Prospecting Licenses, spanning the project.
  • Up to 75% of the project that Freeport-McMoRan Exploration can acquire through the earn-in deal.
  • $75 million maximum cost that Freeport-McMoRan Exploration can fund in exploration and related costs.
  • 2.7 kilometers anomalous copper zone outlined by soil sampling in the redbed copper-silver target area.

Sources:

  • [Source not explicitly provided in the original text.]