C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) said it is getting set to drill some promising copper-gold targets in Jamaica.
The Toronto-based mineral company said it has secured a drill and is transporting it to the Bellas Gate property, where it holds 100% interest in three licenses covering an underexplored porphyry/epithermal area of the Caribbean country.
C3 is planning a 5,000-metre core drilling program, initially targeting a porphyry cluster at Bellas Gate.
READ: C3 Metals hits 'some of the highest copper grades to date' in recent drilling at its Jasperoide project in Peru
Specifically, the group is zeroing in on the 'Porphyry Alley', a four-kilometre by two-kilometre mineral district that contains multiple porphyry prospects.
Previous drilling intersected strong porphyry copper and gold mineralization over broad intervals at multiple prospects, according to C3, with intercepts of up to 0.69% copper and 0.52 grams per ton (g/t) gold.
C3 CEO Kevin Tomlinson told investors that the company is “very fortunate” to hold a significant land package over high potential copper-gold belts in Peru and Jamaica. The compay is also drilling at its Jasperoide project in Peru.
“Drilling of our flagship Jasperoide property in Peru continues to define a near-surface high-grade oxide copper-gold skarn and we are exploring this extensive alteration system for stacked high-grade skarns and their causative porphyries,” Tomlinson said in a statement.
The CEO hailed the “little known, yet highly-prospective” Jamaican copper-gold targets.
“The most recent drilling in Jamaica was undertaken from 2015 to 2017 which confirmed continuous zones of strong, near-surface, porphyry copper-gold mineralization that have not been followed up. In addition, reprocessing of geophysical data and our 'boots on the ground philosophy' of detailed mapping and sampling have provided an understanding of the geometry and controls of the hydrothermal system.”
Jamaica is primarily known as a leading producer of bauxite and alumina, but it also has a long history of copper and gold production dating back several centuries.
"With the strong copper price, we consider it imperative to properly drill test these high-priority porphyry and epithermal targets,” Tomlinson added.
The rig is currently on route to Kingston and drilling is expected to commence in late April.
Contact Angela at angela@proactiveinvestors.com
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