Preparing To Drill Phase 1 Programme In Peru
C3 Metals Corp.(TSXV: CCCM) has completed a successful core resampling programme at its flagship Jasperoide Copper-Gold project in Peru, which has confirmed to confirm the distribution and tenor of the skarn hosted copper-gold mineralisation.
The resampling programme focussed on core from seven holes that were drilled by Hochschild in 2011-12, totalling approximately 645m.
The programme was also initiated to verify historic results for future resource calculations. Results from the programme confirm both the successful verification of, and significant copper intercepts in all seven holes.
CEO, Kevin Tomlinson, said the company’s Phase 1 drilling programme will commence as soon as the drill camp has been completed, which is well underway.
The upcoming programme comprises an initial 3,500m in approximately 15-20 holes of 100-250m depth, nominally on 50m centres and is designed to demonstrate lateral and vertical continuity of the high-grade copper-gold mineralisation.
Drilling will start in the south and move northward along the targeted contact between the intrusive complex and the Ferrobamba Formation.
“This resampling programme is the first step towards determining the ultimate size and grade of Jasperoide,” Mr Tomlinson said.
“The drill intercepts very closely replicate previous results giving us confidence in using historic drilling data to guide the forthcoming drilling programme.
“Jasperoide is an exciting project that has the scope for both high grades and size. I believe copper investors and market analysts will follow our progress closely as Jasperoide is a unique asset to be in the hands of a junior company.”