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Commencement Of Drilling At The Bellas Gate Project
TORONTO – C3 Metals Inc. announced that exploration diamond drilling has commenced within C3 Metals’ Bellas Gate Project, Jamaica. The Bellas Gate Project comprises three separate Special Exclusive Prospecting Licenses and totals 13,020 hectares. Previously the Company announced it had entered into an earn-in agreement with Freeport-McMoRan Exploration Corporation, a wholly-owned affiliate of Freeport-McMoRan Inc. whereby Freeport can earn up to 75% in the project by funding up to US$75 million in exploration and project related expenditures.
Drilling is designed to test multiple copper-gold porphyry prospects identified over a 18km strike extent. In total, 14 porphyry prospects have been identified at Bellas Gate. Drilling will primarily be targeting prospects with limited to no prior drilling so that essential data can be collected in the first 500m. This data, as well as additional geophysical data that is planned to be collected, will help inform optimal locations for potential deeper drilling in the future. Drilling will also target volcanic redbed copper-silver mineralization in the northwest project area.
Dan Symons, President and CEO, said, “The technical data that we have collected at Bellas Gate thus far suggests that we are the in the upper portions of these confirmed copper-gold porphyry clusters. Previous C3 Metals drilling has primarily focused on 4 of the 14 copper-gold porphyry prospects identified over a 18km strike extent. The current drill program will primarily focus on testing some of the other 10 prospects in the first 500m where there is limited to no drill data. The drill data from this program, combined with the data to be collected during an extensive geophysical survey, will aid in targeting deeper into these copper-gold porphyry systems. Essentially, we are aiming to collect important data over the next several months that will inform where to rate and rank deeper holes into the confirmed porphyry systems.”
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