C3 Metals Inc. is pleased to announce that the Company's deep core drilling at its Jasperoide copper-gold skarn/porphyry project in southern Peru has intersected a hydrothermal alteration system beneath the Montaña de Cobre zone. Drilling intersected a multi-phase hydrothermal alteration system that is coincident with a large Hybrid CSAMT anomaly and indicative of a classic porphyry model. Jasperoide Phase 2 Drill Program [...]
C3 Metals Inc. is pleased to advise that concurrently with drilling at its flagship Jasperoide project in Peru, the Company has secured a rig to undertake a 5,000 metre core drilling program in Jamaica to test several compelling high priority copper-gold porphyry targets. The rig is currently on route to Kingston, Jamaica and drilling is expected to commence in late April. C3 Metals holds a 100% interest in three licenses [...]
C3 Metals Inc. is pleased to provide an update on its drilling programs at the Jasperoide copper-gold skarn/porphyry project in southern Peru. Results received for five of the ten outstanding drill holes included some of the highest copper grades reported on the project to date. High grade oxide copper-gold mineralization was intersected in two holes drilled to test the up dip and lateral continuity of the enrichment zone [...]
C3 Metals Inc. is pleased to announce that further to the Company's press release of August 16, 2021, the Company has purchased back the remaining 0.5% net smelter returns royalty on the Company's Main Ridge and Hungry Gully properties located in Jamaica. Consideration for the NSR purchase is US$25,000 payable to Rodinia Resources Pty Ltd. Kevin Tomlinson, C3 Metals' CEO, stated, "As we move forward with our near-term [...]
C3 Metals Inc. is pleased to announce 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: Deeper capacity rig on site to test high priority copper-gold porphyry and [...]
C3 Metals Inc. is pleased to announce the 2022 exploration program at the Company's Jasperoide Project is well underway with a larger drill rig expected on site early February to replace a smaller capacity rig. A Hybrid Controlled Source Audio-Magnetotelluric survey test was completed over the Montaña de Cobre and the Cresta Verde zones, which has identified probable feeder structures linked to a potential causative [...]
Copper Mineralization Confirmed at Cresta Verde C3 Metals Inc. is pleased to provide an update on its drilling programs at the Montaña de Cobre zone and the Cresta Verde zone located at the Jasperoide skarn / porphyry project in southern Peru. Assays are reported for a further seven holes drilled on section lines JAS2800 , JAS2900 and JAS2600 . Drilling Highlights: Significant copper-gold mineralization intersected on all [...]
C3 Metals Inc. is pleased to announce that the Company's common shares have been approved to trade on the OTCQB Venture Market, under the symbol CUAUF. The Company's shares will continue to trade on the TSX Venture Exchange under the symbol CCCM. The Company's common shares are also now eligible for settlement through the Depository Trust Company , a subsidiary of the Depository Trust & Clearing Corp. that manages the [...]
C3 Metals Inc. is pleased to announce that, further to its press releases of October 19, 2021 and October 21, 2021, it has closed the bought deal private placement through the issuance of 101,582,178 common shares in the capital of the Company at a price of C$0.19 per Share for gross proceeds of C$19,300,614 , which includes the partial exercise of the over-allotment option. The Offering was conducted pursuant to the [...]
C3 Metals Inc. is pleased to announce that it has entered into an amended agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the underwriters have agreed to increase the size of the previously announced bought deal private placement. The underwriters have agreed to purchase 94,736,900 common shares on a bought deal private placement basis . The Shares will be sold at a price of [...]
C3 Metals Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the underwriters have agreed to purchase 78,947,400 common shares on a bought deal private placement basis . The Shares will be sold at a price of C$0.19 per Share for aggregate gross proceeds of C$15,000,006. The Company has also granted the underwriters an option [...]
C3 Metals Inc. is pleased to announce that it has completed the previously announced acquisition of 100% of Hochschild Mining plc's interest in the Company's flagship Jasperoide Copper-Gold Project1, Peru held by Compañia Minera Ares S.A.C. , a wholly owned subsidiary of Hochschild . In connection with the Acquisition, the Company issued 25,001,540 common shares to Ares. The common shares are subject to contractual resale [...]