Chakana Copper Corp. is pleased to announce that further to its news release dated September 11, 2025, it has completed a non-brokered private placement of 17,857,156 units at a price of C$0.07 per Unit for gross proceeds of C$1,250,000.92. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder to purchase one additional Share at a [...]
Chakana Copper Corp. announces that, further to its news release dated September 11, 2025, regarding the settlement of debt owed by the Company to certain directors, officers and consultants for management fees and services previously provided, it wishes to clarify the number of shares issued and the pricing disclosed in that release. The total debt outstanding to the Creditors was C$644,791, incurred from May 2021 to [...]
Chakana Copper Corp. is pleased to announce a non-brokered private placement of up to 17,857,143 units of the Company at a price of C$0.07 per Unit for gross proceeds of up to C$1,250,000 the "Private Placement"). Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional Share at a price of $0.09 per [...]
Chakana Copper Corp. , announces the retirement of Thomas Wharton Jr. from the Board of Directors effective immediately. Tom is a Founder of the Company and served as a Director for the last eight years. Chakana President and CEO David Kelley comments, "Tom was instrumental in the formation of Chakana Copper at the end of 2016 and has been an active and engaged Director since 2018. The Company is grateful for his service [...]
Chakana Copper Corp. , is pleased to provide this update and outline its exploration plan for the La Joya project in Ancash, Peru. After eliminating all property payments and consolidating its share structure, the Company is focusing its exploration efforts on three mineral rich target areas within the newly defined La Joya project. The La Joya project includes three principal target areas: the La Joya high-sulfidation [...]
Chakana Copper announces that further to its news release dated Feb 11, 2025, Chakana will consolidate its common shares on the basis of one new-post-consolidation common share for every ten pre-consolidation common shares effective as of Feb 28, 2025. There will be no name change or trading symbol change in conjunction with the Consolidation. Effective at the opening of market on Feb 28, the common shares of Chakana will [...]
Chakana Copper Corp. , announces that it plans to expand on the success of its 2024 drill program by focusing on the exploration of the La Joya high-grade silver discovery confined to its Barrick option that also includes the Mega-Gold porphyry target area and the Compañero gold prospect. The Company also announces that it has relinquished its interest in the Aija option agreement in order to eliminate all remaining [...]
Chakana Copper Corp. , reports that the Board has decided to relinquish its option to acquire three concessions from Condor Resources Inc. , that make up approximately 25% of the Company's expanded Soledad project located in Ancash, Peru . Mr. Douglas Silver, Chairman of Chakana, explains "during this time of difficult market conditions, we were told by investors that they will not fund a project with substantial [...]
Highlights: High-grade near-surface silver mineralization intersected at La Joya with 1,005 gpt Ag and 0.45 gpt Au over 0.75 m within 4.5 m of 323.6 gpt Ag and 0.25 gpt Au from 58.0 m. A 700 m-long alteration system confirmed at La Joya with advanced argillic alteration and vuggy silica. Additional results from the remaining five scout drill holes at Mega-Gold confirm a very large, zoned alteration system with anomalous [...]
Highlights from Mega-Gold Scout Drilling Include: Reporting three holes from the eastern side of the Mega-Gold target area Widespread alteration identified with quartz-sericite-pyrite overprinting chlorite alteration Up to 15% pyrite encountered with traces of chalcopyrite and molybdenite in each hole Narrow intervals of strong mineralization: 2 m of 1.8 gpt gold and 0.35% copper in MGDH24-002 from 89.0 m, and 1.5 m of [...]
2024 Highlights at Soledad Project Include: Two shallow holes completed to test the grade of the Estremadoyro tourmaline breccia pipe with mineralized intercepts of: 17.7 m @ 0.55 g/t Au, 0.77% Cu, and 39.7 g/t Ag in hole SDH24-284 23.0 m @ 0.61 g/t Au, 1.02% Cu, and 26.1 g/t Ag in hole SDH24-285 First reported occurrence of: bornite associated with chalcopyrite in breccia mineralization low-grade copper halo in wall rock [...]
Chakana Copper Corp. announces that the Company has elected to exercise its acceleration right for all 20,884,495 common share purchase warrants of the Company issued on November 3, 2023. The Warrants were issued pursuant to the Company's first tranche of its private placement of 20,541,495 units of the Company for gross proceeds of C$821,659.84, and are inclusive of 343,000 Warrants issued to finders in connection with [...]