Chakana Copper Corp.: Chakana Copper Accelerates Drill Program with Second Rig, Provides Exploration Update at Soledad, Peru
Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the
Chakana ), has added a second drill rig to its Soledad project located in Ancash, Peru in order to accelerate both the exploration and resource drilling programs. The Board of Directors has approved an expanded 26,000m drill program for the 2021 calendar year, with 16,000m of resource drilling for inclusion in the Company s Soledad maiden resource estimate expected later this year. Resource drilling will focus on recent discoveries at Paloma East, Paloma West, and Huancarama (Fig. 1). Resource drilling is expected to also be completed on Breccia 7 (Bx 7), a previous discovery announced in 2019 (see news release dated July 29, 2019). An additional 10,000m of scout drilling will be allocated to test numerous high quality exploration targets that have already been identified. Resource definit
Chakana ), has added a second drill rig to its Soledad project located in Ancash, Peru in order to accelerate both the exploration and resource drilling programs. The Board of Directors has approved an expanded 26,000m drill program for the 2021 calendar year, with 16,000m of resource drilling for inclusion in the Company s Soledad maiden resource estimate expected later this year. Resource drilling will focus on recent discoveries at Paloma East, Paloma West, and Huancarama (Fig. 1). Resource drilling is expected to also be completed on Breccia 7 (Bx 7), a previous discovery announced in 2019 (see news release dated July 29, 2019). An additional 10,000m of scout drilling will be allocated to test numerous high quality exploration targets that have already been identified. Resource definition drilling includes both step-out and in-fill core holes in close proximity to known mineralization of possible economic interest.
Vancouver, British Columbia (Newsfile Corp. - January 20, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to announce a non-brokered private
Chakana Copper Corp.: Chakana Copper Intersects 126.2m of 0.31 g/t Au, 0.53% Cu, and 34.6 g/t Ag (1.03% Cu-Eq; 1.57 g/t Au-Eq) from 92.8m at Huancarama, Soledad Project, Peru
Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the
Chakana ), has resumed its 15,000m drill program at the Soledad Project in Ancash, Peru. Prior to taking a short holiday break in late December, field crews had completed thirty-four drill holes for 6,634 metres at three high priority targets: Paloma East, Paloma West, and the Huancarama Breccia Complex (Fig. 1). The Company is now pleased to release additional positive results from the initial eight drill holes from the eastern portion of the Huancarama Breccia Complex, having previously reported on the new discoveries at Paloma East and Paloma West.
Chakana Copper Corp.: Chakana Copper Intersects 101.5m of 0.61 g/t Au, 0.91% Cu, and 19.8 g/t Ag (2.26 g/t Au-eq) from 32m at Paloma West, Soledad Project, Peru
Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the
Chakana ), is pleased to release new drill results from four holes at its high-grade copper-gold-silver Paloma West discovery at the expanded Soledad Project in Ancash, Peru. These results are part of the ongoing Phase 3 drill program, a fully funded 15,000 metre drill program that started August 15, 2020. Phase 3 is testing a cluster of high-grade, gold-enriched tourmaline breccia pipe targets within the Paloma and Huancarama breccia complexes (Fig. 1). Twenty holes have now been reported from the two Paloma targets for a total of 3,630 metres. Drilling is currently underway at Huancarama where thirteen holes have been completed thus far.