Chakana Copper Corp. is pleased to announce that it is expected to commence its fully-funded 15,000m drill program at the expanded Soledad Project on August 15, 2020. The company has a drill rig on site and initial drilling will focus on the Paloma East and Paloma West breccia pipes before proceeding to the Huancarama Breccia Complex and may include other high-priority drill-ready targets. "Our team is very excited to [...]
Chakana Copper Corp. announces that it has granted stock options to certain of its directors, officers and consultants to purchase up to 2,050,000 common shares. Each option is exercisable to acquire one common share of Chakana at a price of $0.40 until July 10, 2025. The grant of options was previously approved and agreed to by the board but were deferred pending permit success. The options will vest over an 18-month [...]
Drill Program to Focus on Target-Ready Paloma and Hurancarama Breccia Pipes Chakana Copper Corp. , is pleased to announce that it has been granted final Peruvian Government approval of the Initiation of Activities for the Semi-detailed Environmental Impact Assessment covering the central part of the expanded Soledad project . This permit allows the company to expand and accelerate its exploration program into some of the [...]
Chakana Copper Corp. , is pleased to announce that it has retained Investor Relations Services Inc. of Grimsby, Ontario, Canada or to provide capital markets advice, investor relations and marketing development services to the Company. IR.INC has been engaged for a term of 12 months at a monthly cash fee of C$7,000 per month. In addition, the Company may grant stock options to IR.INC in the future at an exercise price to [...]
Chakana Copper Corp. , has advanced the mineral occurrence and geological model of Breccia Pipe 1 at its Soledad project in Ancash, Peru. Bx 1 is one of twenty-three outcropping breccia pipes at Soledad and part of a cluster of 92 targets awaiting drill testing. This in-house study was conducted to document the controls on mineralization, to detail the distribution of gold, silver and copper within the upper-most part of [...]
Chakana Copper Corp. is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada to comment on today's volatility in its share price and the higher‐than‐typical trading volumes. Chakana confirms that it is not aware of any material undisclosed information related to the company or its operations that would account for this trading activity. About Chakana Copper Corp [...]
Chakana Copper Corp. , is providing an update on its 2020 exploration program and response to the COVID-19 pandemic. On March 15, 2020, the Peruvian government declared a national state of emergency in response to the COVID-19 pandemic and instituted a 15-day period of obligatory social isolation. In addition, the government temporarily closed its borders to international travelers. As a result of this, the Company has [...]
Chakana Copper Corp. is pleased to announce the appointment of Mr. Xavier Wenzel as Chief Financial Officer and Corporate Secretary effective February 1, 2020. Mr. Wenzel is a Chartered Professional Accountant with over 22 years senior level experience in financial reporting and public accounting providing auditor services to both public and private resource sector clients reporting in Canada, Mexico and the US. He has an [...]
Chakana Copper Corp. , is pleased to provide new surface and subsurface assay results from the Huancarama Breccia Complex, a general exploration update, and additional reconnaissance drilling results for the Soledad project in Peru. Huancarama Channel Sampling The Huancarama Breccia Complex is a large exposure of mineralized tourmaline breccia within the main Soledad cluster of breccia pipes . Several breccia bodies are [...]
Chakana Copper Corp. , is pleased to announce that it has posted a new technical presentation to its website. The presentation titled “Soledad - an Emerging High Cu-Au-Ag Discovery Hosted in Tourmaline Breccia Pipes Peru” was recently presented at the Society of Economic Geologists Annual Meeting in Santiago, Chile. The presentation presents many new insights into the geology and mineralization at [...]
Chakana Copper Corp. is pleased to announce that it has entered into a corporate communications agreement with Soar Financial Partners . Soar Financial will assist Chakana Copper in working and communicating efficiently with members of the European financial community, including potential investors, journalists and newsletter writers as well as current shareholders to keep them informed and up-to-date on Chakana’s [...]
Chakana Copper Corp., is pleased to announce that drilling has encountered an unexpected tabular body of mineralized breccia in close proximity to Breccia Pipe 5. The body is very well mineralized, open and has important exploration implications to all the targets at Soledad. These results are part of Chakana’s fully funded 20,000m Phase 3 drill program at the Soledad copper-gold-silver project in central Peru. Bx 5 [...]