C3 Metals Inc. has completed drone magnetic and gravity surveys at its Khaleesi copper project in southern Peru, prompting a 65% expansion of the program across the property.

The geophysical work initially covered 900 hectares with a 40 line-kilometre drone magnetics survey and a 900-hectare gravity survey. Because the data outlined multiple coincident magnetic and gravity anomalies beneath glacial till cover, C3 Metals expanded the coverage to 1,500 hectares.

The main skarn zone at Khaleesi correlates with a strong coincident magnetic and gravity anomaly measuring 500 metres by 600 metres. A second, potentially larger anomaly has been partially defined approximately two kilometres northeast of the main skarn, where geological mapping confirms outcropping magnetite skarn replacing dolomite of the Ferrobamba Formation.

The Khaleesi project is located eight kilometres west of the company's Jasperoide Project, which hosts a Measured and Indicated Mineral Resource of 51.9 million tonnes at 0.50% total copper and 0.20 g/t gold at the Montana de Cobre deposit. Elsewhere in the district, Panoro Minerals Ltd. reported high-grade drill results from the South Pit at its Cotabambas project.

C3 Metals anticipates obtaining a modified environmental drill permit during the fourth quarter of 2026. The company is continuing drill testing on known mineralized zones with the goal of beginning drill tests on the newly identified targets before the end of the year.

To date, the combination of magnetics and gravity has proven extremely valuable at targeting copper mineralization hosted in magnetite skarns that sit below a thin layer of glacial till cover. We embarked on these additional geophysics programs specifically to identify other potential magnetite skarns over a much broader area. This broader survey area generally corresponds to a modified environmental drill permit that we anticipate obtaining during Q4. This new data shows impressive, sizeable anomalies. Drilling is continuing to expand on the known mineralized zone at Khaleesi with a goal of beginning to drill test newly identified targets in Q4.

— Dan Symons, President and CEO

Surface mapping and soil sampling are also underway across the broader project area and are scheduled for completion in the fourth quarter.

Read the full announcement: C3 Metals Identifies Multiple Coincident Magnetic and Gravity Anomalies to Drill at Its Khaleesi Project, Peru