C3 Metals Inc. reported assays from two additional holes drilled at the Provost porphyry target on the Company's 100% owned Bellas Gate project in Jamaica. Drill hole PVT0825-001 (596.7m) intersected 280.7m at 0.37% copper and 0.21 g/t gold (0.52% CuEq1) from 227.0m, including 61.7m at 0.50% copper and 0.39 g/t gold (0.77% CuEq1) from 446.0m. To date, approximately 5,200m of an 8,500m drill program have been completed.

Assays are pending for multiple holes, and drilling remains ongoing with two rigs. Bornite and hypogene chalcocite mineralization, as well as potassic alteration, were confirmed at approximately 500m depth. The Company believes it is possible that PVT0825-001 "clipped" the top of the bornite core of the porphyry system (Figures 2 and 3).

PVT0825-001 was drilled with C3 Metals' man-portable drill rig to a record depth of 596.7m for this rig. The presence of bornite mineralization and potassic alteration corresponded with a spike in grades to 1.14% copper and 1.19 g/t gold (1.98% CuEq1) over a 2.5m interval. Therefore, the Company has planned a follow up drill hole utilizing its larger capacity contract drill rig, which has depth capacity of more than 1,000m.

The Company is currently defining the dimension and grade of copper-gold mineralization in an intial 900m by 200m target area that remains open in multiple directions and at depth. Provost Drilling Highlights: Drill hole PVT0825-001 intersected 280.7m at 0.37% copper and 0.21 g/t gold (0.51% CuEq1) from 227.0m, including 61.7m at 0.50% copper and 0.39 g/t gold (0.77% CuEq1) from 446.0m. Full transition from pyrite to chalcopyrite-pyrite to bornite mineralization intersected for the first time at the Bellas Gate project.

A 2.5m interval of potassic alteration with associated bornite mineralization assayed 1.14% copper and 1.19 g/t gold (1.98% CuEq1) from 503.0m, which is interpreted as the top of a bornite-rich potassic altered core of the Provost porphyry system. Deeper drilling is planned to test below hole PVT0825-001 for extensions of these highgrades. Copper-gold mineralization successfully extended 150m vertically below earlier drill hole PVT0900-002, which intersected 390.7m at 0.37% copper and 0.19 g/t gold (0.50% CuEq1) from 64.1m (see press release dated September 25, 2023).

Drill hole PVT0900-004 intersected 170.1m at 0.31% copper and 0.16 g/t gold (0.42% CuEq1) from 68.1m. The hole terminated in 0.30% copper mineralization within a fault zone at 300m depth. Drill Summary: C3 Metals has identified 16 porphyry and 40 epithermal targets across a 30km strike extent within its contiguous mineral concession package in Jamaica.

Most historical drilling, while limited, was conducted in the Bellas Gate project area. This historical drilling was relatively shallow, averaging 225m depth with approximately 40% of holes ending in mineralization. The Company's current drilling objectives are twofold: 1) test the strike extent of near-suface mineralization, and 2) test the high grade potential at depth by locating the bornite-rich potassic altered cores typically found in economic porphyry systems. Drilling at Provost continues to define a well-developed porphyry and epithermal copper-gold system that displays classic porphyry style alteration and mineralization zonation.

The Company has successfully intersected porphyry and epithermal style mineralization along 400m of strike length and approximately 550m down dip. Provost remains open in multiple directions and at depth. PVT0825-001 extends the northwest striking mineralized zone an additional 150m down dip and, more importantly, confirms the presence of high-grade, bornite-hosted copper mineralization.

The upper levels of PVT0825-001 intersected andesite volcanics with kaolinite alteration overprinting illite-chlorite alteration, interpreted as advanced argillic alteration. Below this upper leached zone, is high-grade porphyry copper-gold mineralization and epithermal style base and precious metal mineralization with locally well-developed porphyry quartz stockwork and sheeted B-veins.