C3 Metals reported its highest-grade copper-gold-silver mineralization to date at its Khaleesi copper project in southern Peru. Drill hole KHZ5790-005 intersected 64.9 metres grading 2.53% copper, 0.87 g/t gold, 11.6 g/t silver and 6 ppm molybdenum, starting at about 337.6 metres downhole. Within this, a 23.3-metre section graded 4.75% copper, 1.84 g/t gold, 20.4 g/t silver and 5 ppm molybdenum, equal to 6.64% CuEq, while the broader intercept graded 3.45% CuEq. The company says it is still at an early stage in understanding the geometry and extent of this higher-grade zone, and is prioritizing step-out drilling at roughly 50 to 100 metre intervals. It has recently completed drone magnetic and gravity surveys over about 1,500 hectares, and a 3DIP survey that began in late September is expected to finish in November 2026, to determine whether the zone is localized or part of a larger system.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
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C3 Metals (TSXV: CCCM) intersected 64.9 metres at 3.45% copper equivalent (2.53% copper, 0.87 g/t gold, 11.6 g/t silver) in drill hole KHZ5790-005 at its 100%-owned Khaleesi copper project in southern Peru, including 23.3 metres at 6.64% copper equivalent. The company says these are the highest copper grades encountered to date at Khaleesi, and follow-up drilling is underway to test the geometry, continuity and extent of the high-grade mineralization. Copper equivalent uses three-year trailing average prices for 2023–2025 and assumes 80% metallurgical recovery. All intervals are downhole core lengths, and true thicknesses have not yet been determined.
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