Toronto, Ontario — February 26, 2026 — Leads & Copy — C3 Metals Inc. has announced promising drill results from its Khaleesi copper project in southern Peru. The company completed 12 diamond drill holes, totaling 6,300 meters, and observed copper mineralization in all of them within a 1,000m by 500m footprint. Step outs are up to 300m.
According to the company, the Khaleesi project is a greenfield copper project undergoing initial drill testing. Assay results from the first two holes were previously reported in press releases dated December 15, 2026 and January 21, 2026. Assays have now been received from an additional four holes.
Multiple holes intercepted broad intervals of skarn and diorite hosted copper mineralization. Key intercepts include:
- KHZ5825-001: 101.1m at 0.30% copper, 0.045 g/t gold, 0.84 g/t silver, and 48 ppm molybdenum (0.37% CuEq) from 23.4m downhole depth, including 70.7m at 0.37% copper, 0.049 g/t gold, 0.96 g/t silver, and 24 ppm molybdenum (0.44% CuEq). Another 71.9m intercept of 0.29% copper, 0.026 g/t gold, 0.72 g/t silver, and 46 ppm molybdenum was encountered at 357.2m downhole depth.
- KHZ5950-001: 243.7m at 0.24% copper, 0.020 g/t gold, 0.87 g/t silver, and 41 ppm molybdenum (0.29% CuEq) from approximately 200m vertical depth (311.6m downhole depth), including 91.5m at 0.30% copper, 0.024 g/t gold, 1.16 g/t silver, and 60 ppm molybdenum (0.37% CuEq).
- KHZ5825-001 was collared approximately 500m east of the first drill hole. That hole, KHZ5800-001, intersected 269.0m at 0.30% copper, including 60.4m at 0.41% copper (see press release dated December 15, 2025).
- KHZ5950-001 was collared 150m north of KHZ5800-001.
Dan Symons, President and CEO of C3 Metals, said the results from the first six holes assayed and visual observations for the remaining six holes demonstrate potential for higher grade mineralization in the western and southwestern project area. He added that mineralization in the east and northeast project area appears to be more distal from the ‘heat engine’ of the system.
The company plans to drill an additional 15,000m in 2026, beyond the first 6,300m completed, for a total 21,300m drilled at Khaleesi by the end of this year.
C3 Metals is planning up to 15,000m of drilling comprising 25 to 30 holes in 2026. The drill program will focus on testing:
- The strike and depth potential of the mineralized garnet and magnetite skarn;
- The source of the intense quartz veining observed in KHZ5800-002 (see press release dated January 21, 2026), which intersected 51.1m at 0.54% copper, 0.31 g/t gold, 3.21 g/t silver, and 6 pp molybdenum (0.86% CuEq), including 18.0m at 1.08% copper, 0.76 g/t gold, 7.62 g/t silver and 7 ppm molybdenum (1.85% CuEq); and
- Further skarn and porphyry potential below the glacial till and along the prosperous limestone-diorite contact.
With the initial Phase 1 drilling program of 6,300m now completed, and the potential for a mineral system confirmed, the Company has initiated an aggressive drill strategy in 2026.
C3 Metals Inc. is a mineral exploration company focused on creating value through the discovery and development of copper and gold deposits. The company holds approximately 31,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru, containing the Jasperoide and Khaleesi projects.
The Company is also actively exploring in Jamaica where it has identified 16 porphyry, 40 epithermal and multiple volcanic redbed copper prospects over a 30km strike extent.
Mining is currently the second largest industry in Jamaica, and historical mining dates back to the colonial eras of the 1500s (Spanish) and 1800s (British).
Source: C3 Metals
