The Super Block Project is a 50/50 Joint Venture between C3 Metals and Geophysx Jamaica Ltd., the largest mineral tenure holder in the country. Entering into this joint venture gives C3 Metals exposure to the past producing Pennants Gold mine, which operated and produced 16,000 gold ounces between 2002 and 2004. Recent sampling revealed a significant 4km gold anomaly along the Bennett Fault, and the nearby parallel Rio Minho Fault is host to strong copper-silver mineralization spanning 4km.
The geologic history of subduction, crustal thickening and tectonism has produced extensive mineralization within areas of Cretaceous rock throughout the Caribbean, such as at the Pueblo Viejo deposit, which contains more than 20 million ounces of gold reserves (Barrick Gold Corp. website as at March 31, 2023).
Two mineralized structural corridors have been identified at Super Block, the Bennett Splay Fault Zone (gold) and Rio Minho Valley Splay Fault Zone (copper/silver).
Bennett Splay Fault Zone
Gold mineralization has been mapped over 4km along the Bennet Splay Fault Zone that runs through Main Ridge to the northwest of the past producing Pennants Gold Mine (closed 2004). Rock chip samples have returned multiple assays of over 1.0 g/t, including up to 35.8 g/t less than 1km from a historical drill hole that intersected 3.1m at 17.0 g/t gold but was never followed up on.
Rio Minho Valley Splay Fault Zone
Copper and silver mineralization is known to occur along the Rio Minho Valley Splay Fault Zone that runs through Main Ridge. Multiple rock chip samples have assayed over 2.0% copper and up to 18.5% copper. Discontinuous channel sampling over a 4km area along the Rio Minho Valley Splay Fault Zone has returned:
And:
BHP discovered a 6km structurally-controlled gold in soil anomaly in the 1980s. This anomaly led to the discovery of the Pennants Gold Mine, a high-grade 75,535t at 20.4g/t gold2 small mining operation. The Pennants gold deposit remains open at depth and along strike. A number of historical intersections of veins have been reported:
At the past producing Pennants Gold Mine, a single epithermal vein with an estimated true width of 3.0m to 5.0m was mined until 2004. Assays from Pennants’ drilling core commonly exceeded 10.0 g/t gold.
1 Published report, Geochemical exploration for gold in Jamaica: A comparison of stream sediment and soil surveys, Geochemistry: Exploration, Environment, Analysis, 4, 161-170, 1 May 2004, authored by Robert G. Garrett, Gerald C. Lalor.
2 The mineral reserve cited above is presented as a historical estimate and uses historical terminology which does not conform to current NI43-101 standards. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Although the historical estimates are believed to be based on reasonable assumptions, they were calculated prior to the implementation of National Instrument 43-101. These historical estimates do not meet current standards as defined under sections 1.2 and 1.3 of NI 43-101; consequently, the issuer is not treating the historical estimate as current mineral resources or mineral reserves.
3 Data from the above drill results are historical results and it is unknown what type of quality-control programs were performed at the time. The QP also advises that true width of the above results cannot be determined at this time.
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