Chakana Copper Corp.

Chakana Copper Corp. announces that it has granted stock options to certain of its directors, officers, employees and consultants to purchase up to 4,200,000 common shares. Each option is exercisable to acquire one common share of Chakana at a price of $0.075 until September 29, 2027. The options will vest over an 18-month period and in accordance with the Company's stock option plan and are subject to TSX Venture [...]

Recent Highlights Include: 2,144m completed in eight exploration holes testing new target types Geometallurgical study initiated on high-grade mineralization identified within the initial inferred resource Permitting on the south side of the project is advancing and will allow testing of additional high priority targets once granted Chakana Copper Corp. , is pleased to provide this update on the Soledad project, located [...]

Chakana Copper Corp. is pleased to announce that it has completed a second and final tranche of its previously announced private placement for 10,470,451 units of the Company at a price of C$0.11 per Unit for gross proceeds of C$1,151,749. Combined with the first tranche that closed in May , the financing resulted in total gross proceeds of $6,241,353. Each Unit consists of one common share in the capital of the Company [...]

Soledad Project Highlights Include: Drilling campaign will test thirteen new targets on the north side of the Soledad project. The priority targets were selected from an inventory of 154 total targets defined after integrating results from recently completed geophysical surveys. Permitting on the south side of the project is advancing and will allow testing of additional high priority targets once approved. [...]

Chakana Copper Corp. is pleased to announce that it has completed the first tranche of its previously announced private placement for 46,269,134 units of the Company at a price of C$0.11 per Unit for gross proceeds of C$5,089,604. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to purchase one additional Share at a [...]

Chakana Copper Corp. is pleased to announce a non-brokered private placement of up to 63,636,363 units of the Company at a price of C$0.11 per Unit for gross proceeds of up to C$7.0 million . Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional Share at a price of $0.20 per Share for a [...]

Chakana Copper Corp. is pleased to announce that it has reached a binding agreement with Condor Resources Inc. to amend the terms of the purchase option agreement dated April 24, 2017, as amended on March 18, 2019, and November 13, 2020, relating to the Soledad Project. Under the existing agreement, a final payment of US$4.425 million dollars was due to Condor on April 23, 2022. The parties have agreed to extend and amend [...]

Chakana Copper Corp. , announced today that the corporation has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Project supporting the inferred mineral resource statement for the Soledad Project located in Ancash, Peru. The highlights of the Report were previously announced in a news release dated January 11, 2022, and the effective date of the [...]

Soledad Project Highlights Include: Inferred Resources were estimated for seven breccia pipes that start at surface and extend to an average depth of approximately 300 metres; all zones remain open at depth Inferred Resources of 4.8 million tonnes grading 0.72 g/t gold, 61 g/t silver and 0.97% copper assumed to be extractable by underground mining methods Inferred Resources of 1.9 million tonnes grading 1.29 g/t gold [...]

Soledad Project Highlights Include: Remaining 13 resource definition and exploration holes at Huancarama reported totalling 3,265m Two additional high-grade intervals of >50m lengths also reported 56.15 m @ 0.45 g/t Au, 115.1 g/t Ag, and 2.34% Cu 54.90 m @ 0.63 g/t Au, 81.7 g/t Ag, and 2.41% Cu Off-set IP surveys continue over high priority targets defined by gradient array and other data sets; numerous new targets have [...]