C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) said it is preparing to drill promising copper-gold targets in Jamaica.
The Toronto-based mining company said it secured a drill rig and transported it to the Bellas Gate property, where it holds a 100% interest in three licenses covering an underexplored porphyry/epithermal area of the Caribbean country.
C3 is planning a 5,000 meter core drill program, initially targeting a porphyry cluster at Bellas Gate.
READ: C3 Metals reaches ‘some of the highest copper grades to date’ in recent drilling at its Jasperoide project in Peru
Specifically, the group is focusing on “Porphyry Alley,” a four kilometer by two kilometer mining district that contains multiple porphyry prospects.
According to C3, previous drilling has intersected strong porphyry copper and gold mineralization over wide intervals at several prospects, with intercepts of up to 0.69% copper and 0.52 grams per tonne (g/t ) Golden.
C3 CEO Kevin Tomlinson told investors the company was “very fortunate” to hold a significant parcel of land on high-potential copper-gold belts in Peru and Jamaica. The company is also drilling on its Jasperoide project in Peru.
“Drilling at our flagship Jasperoide property in Peru continues to define a near-surface high-grade oxidized copper-gold skarn and we are exploring this extensive weathering system for stacked high-grade skarns and their responsible porphyries,” said Tomlinson said in a statement.
The CEO hailed the “little known, but very promising” Jamaican copper-gold targets.
“The most recent drilling in Jamaica was undertaken from 2015 to 2017, which confirmed continuous zones of strong copper-gold porphyry mineralization, near surface, which have not been followed. Additionally, reprocessing of geophysical data and our “boots-in-the-field philosophy” of detailed mapping and sampling provided an understanding of the geometry and controls of the hydrothermal system. »
Jamaica is primarily known as a leading producer of bauxite and alumina, but it also has a long history of copper and gold production dating back centuries.
“With the high price of copper, we consider it imperative to properly test these high priority porphyry and epithermal targets,” added Tomlinson.
The rig is currently en route to Kingston and drilling is expected to begin in late April.
Contact Angela at [email protected]
Follow her on Twitter @AHarmantas