Copper And Gold Intersections At Bellas Gate Project

TORONTO - C3 Metals Inc. has intersected 79.0m at 0.71% copper and 0.49 g/t gold (1.06% CuEq1) from 128m, including 46.0m at 0.95% copper and 0.69 g/t gold (1.45% CuEq1) at its Connors porphyry prospect in its 100%-owned Bellas Gate project. This most recent result from Connors, along with recent intercepts from Provost and Camel Hill, confirms the potential for high-grade copper-gold mineralization within the porphyry systems at Bellas Gate. Many targets remain to be tested. Systematic exploration aimed at defining economic tonnages of mineralization is continuing.

Drill hole CON9325-002 was collared at the Connors copper-gold porphyry prospect at the Bellas Gate project. It was designed to test below drill hole CON9325-001, which intersected 309.0m at 0.44% copper and 0.33 g/t gold (0.67% CuEq) from 15m. Drill hole CON9325-002 intersected 79.0m at 0.71% copper and 0.49 g/t gold (1.06% CuEq) from 128.0m, including 46.0m at 0.95% copper and 0.69 g/t gold (1.45% CuEq1).

Drilling at the Connors porphyry prospect has confirmed that copper-gold mineralization occurs in strongly altered andesitic volcanics and diorite porphyry dykes containing abundant chalcopyrite. A multi-phase intrusive complex comprising of pre-, syn and post mineral diorite dykes and a larger granodiorite stock at depth has been identified. While favourable copper-gold grades are present at the Connors porphyry, mineralization appears to be diluted at depth due to post mineral intrusions. The Company believes, however, that the Connors porphyry may be offset or dismembered due to faulting and part of the system may be located on the southwest side of the Connors Fault.

Porphyry style alteration and mineralization appears to be intimately associated with the contact between the granodiorite stock and andesite volcanics. The Company recently identified a new prospect (Connors SE) immediately to the southeast of Connors that is situated along the favourable contact (Figure 2). Due to the copper-gold grade profile at Connors, the newly identified Connors SE prospect becomes a high-ranking, near-surface porphyry target. C3 Metals is conducting field work in the area to determine the best location for a drill pad for the initial test of this new prospect.