FLAGSHIP PROJECT
The Jasperoide Project covers 57 square kilometres in Southern Peru. Access is by primary and secondary roads from the regional capital of Cusco. The average elevation at the Jasperoide site is 4,300m, located on a gently rolling plateau. Previous exploration has identified copper and gold mineralization in a magnetite skarn with a classic hydrothermal alteration signature of an underlying copper porphyry system.
GEOLOGY
At Jasperoide, high-grade copper-gold skarn in outcrop has been mapped for over three kilometres along strike. The geologic setting at Jasperoide is analogous to the giant copper-gold deposits at the nearby Las Bambas and Constancia mines: Folded and thrust faulted carbonate sedimentary rocks, a multi-phase intrusive complex, and extensive skarn alteration. At Jasperoide, copper-gold mineralization is closely associated with magnetite skarn development. The potential for porphyry copper mineralization is demonstrated by phyllic alteration and B-veins proximal to the mineralized skarn.
Surrounded by world class deposits:
- Las Bambas 1.20BT @ 0.61% Cu, 197ppm Mo (MMG)
- Constancia 534MT @ 0.31% Cu, 97ppm Mo (HudBay)
- Antapaccay 592MT @ 0.45% Cu (Glencore)
- Haquira 569MT @ 0.56% Cu (First Quantum)
TARGET CONCEPT
Considerable upside potential at Jasperoide lies in the interpreted “STACKED” skarn system with well developed mineralogic zonation which shows garnet – diopside skarn and magnetite skarn. There is a drill-defined near surface oxide copper zone, deeper porphyry-style mineralization and intermediate sulphidation vein overprinting. Given the large volume of skarn mineralization seen at Jasperoide, the potential for a very large copper-gold deposit similar in scale to neighboring mines is very high.
Epithermal Gold Overprint
- Epithermal Vein Styles: Classic colloform-crustiform banded quartz veins, multi-phase quartz vein-breccias and chalcedonic quartz veins
- Epithermal veins cross-cut the skarn system, and are easily recognized in drill core, showing typical features of epithermal style vein systems
- Surface mapping confirms breccias and vein development extend for at least 1,000m along strike.
PREVIOUS EXPLORATION
High-grade, near-surface copper-gold mineralization is defined by 52 core drill holes totalling 10,175m (1994-2012).
Drill highlights:
• 113m @ 1.13% Cu, 0.32g/t Au (H-01)
• 38m @ 4.76% Cu, 0.55g/t Au (JADD11-01)
• 185m @ 1.0% Cu, 0.38g/t Au (JADD11-03)
• 126m @ 0.79% Cu, 0.58g/t Au (JADD11-05)
Depth potential is sparsely tested, with numerous holes terminated in high grade copper-gold mineralization.
JASPEROIDE GEOPHYSICS
- The skarn body is up to 500m in width, 150m thick, and surface mapping confirms greater than three kilometres of strike-length.
- Mineralization at depth: Several holes terminated in high grade copper-gold mineralization e.g. JADD11-03 final 6m assayed 3.0% Cu
- Ground magnetic data indicate potential 8 kilometre skarn trend
- Exploration data demonstrates significant potential for porphyry copper and gold mineralization at depth
PROPOSED EXPLORATION
C3 Metals Inc. plans to start with a detailed and high resolution magnetic survey, surface mapping, trenching, and an initial core drilling program planned for late 2020.
- Scout and Twin Drilling (3,000m)
Confirm historical data, with scout holes to expand mineral domains - Delineation Drilling (5,000m)
Support a Maiden NI 43-101 Mineral Resource Estimate - Exploratory Drilling (5,000m)
Scout test potential extensions of high-grade skarn mineralization - Mapping and Sampling Define additional skarn and porphyry targets for drill testing
- Sighter Metallurgical Test work
