C3 Metals Awards Maiden Drill Contract at Khaleesi Copper-Gold Project, Peru

Original announcement by tmx on

Company
C3 Metals Inc.
Ticker
CCCM
Exchange
TSX
Region
Peru
Primary commodity
Copper
Secondary commodities
Gold, Silver, Molybdenum, Zinc
Document categories
Drill results, Other, Resource update
Extracted
2026-09-17 15:28:35 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

C3 Metals has engaged AK Drilling to conduct a 6,000m maiden diamond drill program at the Khaleesi copper-gold project in Peru. The program targets coincident geophysical and geochemical anomalies in a porphyry-skarn-epithermal system.

Reasoning: The company is moving from geochemical/geophysical targeting to physical drill testing at a high-priority project. While no new drill intercepts are reported, the engagement of a drilling contractor for a 6,000m program is a material operational milestone.

Positive factors

  • Awarding of maiden drill contract
  • Strong geochemical and geophysical anomalies
  • Proximity to major mines (Las Bambas, Constancia)
  • High-grade outcrop samples

Facts used in scoring: 6

Classification and evidence

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Project is located within 45km of large Las Bambas and Constancia copper mines.

Evidence · text

“within 45km of the large Las Bambas (MMG) and Constancia (Hudbay Minerals) copper mines”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The program is designed to test anomalies that have not been drill tested.

Evidence · text

“The two IP chargeability anomalies come together at approximately 600m depth. ... The anomalies have never been drill tested”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (5)

Fact 1Khaleesi · copperGrade: 2.82Grade Unit: %View all details
Link to this fact

Identity

Project
Khaleesi
Commodity
copper
Region
peru
Reported Region
peru
Ticker
CCCM

Geometry

Grade
2.82
Grade Unit
%

Classification

Sample Type
surface

Location

Location
Khaleesi
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-27T00:00:00.000Z

Reasoning: Outcrop sample shows strong copper grades supporting the target.

Positive factors

  • High grade outcrop sample

Evidence · text

“Outcrop samples assayed up to 2.82% copper”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Khaleesi · goldGrade: 6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Khaleesi
Commodity
gold
Region
peru
Reported Region
peru
Ticker
CCCM

Geometry

Grade
6
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Khaleesi
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-27T00:00:00.000Z

Reasoning: Outcrop sample shows strong gold grades supporting the target.

Positive factors

  • High grade outcrop sample

Evidence · text

“6.0 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 3Khaleesi · silverGrade: 57.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Khaleesi
Commodity
silver
Region
peru
Reported Region
peru
Ticker
CCCM

Geometry

Grade
57.7
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Khaleesi
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-27T00:00:00.000Z

Reasoning: Silver reported in outcrop sample.

Evidence · text

“57.7 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 4Khaleesi · molybdenumGrade: 403Grade Unit: ppmView all details
Link to this fact

Identity

Project
Khaleesi
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
CCCM

Geometry

Grade
403
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Khaleesi
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-27T00:00:00.000Z

Reasoning: Molybdenum reported in outcrop sample.

Evidence · text

“403 ppm molybdenum”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 5Jasperoide · goldGrade: 0.2Grade Unit: g/tHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Jasperoide
Commodity
gold
Region
peru
Reported Region
peru
Ticker
CCCM

Geometry

Grade
0.2
Grade Unit
g/t

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-07-05T00:00:00.000Z

Dates

Event date
2025-08-27T00:00:00.000Z

Reasoning: Historical resource reference for Jasperoide project.

Evidence · text

“0.2 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Resource Estimates (1)

indicatedJasperoide · copperGrade: 0.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Jasperoide
Commodity
copper
Region
peru
Reported Region
peru
Ticker
CCCM

Resource Data

Category
indicated
Grade
0.5
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-05T00:00:00.000Z

Dates

Event date
2025-08-27T00:00:00.000Z

Reasoning: Historical resource reference for Jasperoide project.

Evidence · text

“Measured & Indicated Resources of 52Mt at 0.5% copper”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.