C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) has released a comprehensive update on its ongoing copper-gold exploration program in Jamaica, outlining its exploration objectives and recent discoveries.
The company's exploration efforts have identified 16 porphyry, 40 epithermal, and multiple volcanic redbed copper prospects spanning over 30 kilometers.
C3’s exploration objectives focus on discovering at least 1 million tonnes of contained copper equivalent, with various target size and grade criteria guiding the exploration process.
Recently, surface exploration across the Bellas Gate and Arthurs Seat properties has revealed approximately 18 kilometers of continuous copper in soil geochemistry, along with over 800 rock chip samples exhibiting significant copper content.
Ongoing drilling at the Bellas Gate project is primarily targeting the Provost porphyry prospect. Recent drilling efforts have focused on evaluating the near-surface strike extent and grade potential at depth.
Significant intercepts from the Provost prospect include promising copper and gold grades, C3 said.
The mineralization at Provost remains open to the east, north, and at depth, with one drill hole encountering substantial copper mineralization, particularly chalcopyrite, as depth increases. Additionally, observations of bornite mineralization at depth suggest the potential for a higher-grade bornite-rich core within the system.
"We have many high-quality, near-surface targets across our district-scale package and a disciplined systematic exploration approach is required to maximize the probability of achieving our size/grade target criteria,” Dan Symons, CEO of C3 Metals said in a statement.
“Until market conditions for junior exploration companies improve or a strategic alternative is in place to finance a meaningful deep drilling program, we believe the best value-adding proposition in the near term is to focus our exploration efforts on nearer-surface targets. It is this disciplined approach that will give us the highest probability of meeting our business objectives."