- C3 Metals (CCCM) has received approval to begin exploration drilling at its 100-per-cent-owned Arthurs Seat Project in Jamaica
- Arthurs Seat is a 6,000-hectare area in which C3 Metals has made a grassroots copper-gold-silver discovery with an 8.0 km by 4.5 km copper-gold-silver footprint
- An initial 5,000m drilling program comprising some 25 holes from 11 drill pad locations is planned
- C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value through the discovery and development of large copper and gold deposits
- C3 Metals Inc. was up 8.333 per cent, trading at $0.065 at 1:03 PM ET
C3 Metals (CCCM) has received approval to begin exploration drilling at its 100-per-cent-owned Arthurs Seat Project in Jamaica.
Arthurs Seat is a 6,000-hectare area in which C3 Metals has made a grassroots copper-gold-silver discovery with an 8.0 km by 4.5 km copper-gold-silver footprint.
Within this larger system, a high-density, low-intermediate sulphidation epithermal vein swarm has been discovered over a 5.0 km by 3.0 km area.
Of the 1,775 rock-chip samples assayed to date, 161 rock-chip samples have assayed greater than 1 per cent copper, and 41 rock-chip samples have assayed greater than 1.0 g/t gold at Arthurs Seat.
There is no known record of any previous diamond drilling at Arthurs Seat.
C3 Metals has also reported new rock chip gold assays up to 58.1 g/t gold, the highest grade sampled at the project to date.
An initial 5,000m drilling program comprising some 25 holes from 11 drill pad locations is planned. The first drill pad is now under construction.
The first drill fans will test a quartz-rich structure that is up to 40m wide with surface rock chip samples assaying up to 43.2 g/t gold.
“Since making the grassroots discovery at Arthurs Seat was first announced in September, we have moved swiftly to develop the project and obtain drill permits,” noted Dan Symons, President and CEO.
“The mineralized area has grown substantially since the initial discovery through our aggressive mapping and sampling programs, and the upcoming 5,000-metre drill program will help us understand the grade distribution across these quartz structures and at depth,” he added.
Epithermal-style quartz veins and quartz-rich breccias occur in three well-defined zones in the southeast project area covering a 5.0 km by 3.0 km area. Recent assays from quartz veins in the most easterly zone reported up to 58.1 g/t gold and 43.2 g/t gold from the most westerly zone.
C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value through the discovery and development of large copper and gold deposits.
C3 Metals Inc. was up 8.333 per cent, trading at $0.065 at 1:03 PM ET.
