C3 Metals Extends Khaleesi Mineralization With 164.6m Intercept

By Mining Hub News Desk
15 September 2026, 10:19 a.m. EDT 2 min read

C3 Metals Inc. has returned broad copper intervals from three additional drill holes at its Khaleesi copper project in southern Peru, extending mineralization along section lines KHZ5950 and KHZ5750.

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Geology plan map of completed drill holes at the Khaleesi Project, with copper and molybdenum mineralization plotted alo. Source: C3 Metals Inc.

Drill hole KHZ5825-004 intersected a 119.5-metre zone of diorite grading 0.30% copper equivalent from a vertical depth of approximately 48 metres. This interval reported 0.24% copper, 0.035 g/t gold, 0.79 g/t silver and 47 ppm molybdenum. Further downhole, the same drill hole intersected a 164.6-metre zone of pyroxene and magnetite skarn from approximately 280 metres vertical depth, grading 0.28% copper, 0.028 g/t gold, 0.93 g/t silver and 51 ppm molybdenum, equating to 0.35% copper equivalent.

The latest results confirm mineralization to a vertical depth of approximately 500 metres across an east-west dimension exceeding 500 metres. C3 Metals initiated the first-ever drilling campaign at the greenfield property in December 2025, completing approximately 15,100 metres across 33 holes to date. The project is situated 8 kilometres west of the company's Jasperoide project.

“We continue to drill broad intervals of copper mineralization at grades that are very consistent with the mineral reserve grades reported from the nearby Constancia mine operated by Hudbay Minerals. A mineralized intrusive and skarn zone to a depth of 500m immediately beneath a thin layer of glacial till cover has now been established.”

— Dan Symons, President and CEO

Recent drone magnetic and gravity surveys covering an initial 900 hectares demonstrated a strong correlation with magnetite skarn-hosted copper mineralization. Following these results, C3 Metals expanded the survey area by an additional 600 hectares, representing an increase of over 65%.

A 3D induced polarisation geophysical survey, delayed due to contractor equipment import issues, is scheduled to commence before the end of September and conclude during the fourth quarter to help identify potential porphyry sources and causative intrusives. Surface mapping and soil sampling across the broader project area are also progressing toward completion in the fourth quarter.

Meanwhile, regional activity in the district includes recent high-grade copper-gold-silver assay results from drill holes CB-229 and CB-230 at the Cotabambas project reported by Panoro Minerals Ltd., which shares the copper commodity with Khaleesi.

Read the full announcement: C3 Metals Intersects 164.6 Metres at 0.35% and 119.5 Metres at 0.30% Copper Equivalent at Its Khaleesi Project, Peru - Mineralization Extended North