Chakana Copper Corp. , is pleased to release the first drill results from scout drilling on Breccia Pipe 7 at the Soledad copper-gold-silver project in central Peru. All four drill holes intersected significant mineralization, including 31.0m with 0.68 g/t Au, 205.9 g/t Ag, and 0.23% Cu from 157m in hole SDH19-111 and 35.0m with 0.80 g/t Au, 53.8 g/t Ag, 0.35% Cu from surface in hole SDH19-114. This is the first time Bx 7 [...]
Phase 3 program has commenced that will test numerous targets and complete definition drilling on additional mineralized breccia pipes 92 targets defined and ranked based on systematic surface exploration work 23 outcropping tourmaline breccia pipes, 12 more to be confirmed by drilling Fully funded to complete drill program and initial resource estimate VANCOUVER, British Columbia, June 24, 2019 -- [...]
Chakana Copper Corp. is pleased to announce that it has completed the previously announced private placement with Gold Fields Nazca Holdings Inc., a group company of Gold Fields Ltd., , pursuant to which a wholly-owned subsidiary of Gold Fields has acquired a 16.14% interest in the Company. The private placement involved the issue of 15,686,275 common shares of the Company at a price of $0.51 per Chakana Share for total [...]
Chakana Copper Corp. is pleased to announce that it has entered into an agreement pursuant to which Gold Fields Nazca Holdings Inc., a wholly-owned indirect subsidiary of Gold Fields Ltd. has agreed to subscribe for and purchase 15,686,275 common shares of the Company , representing 16.14% of the outstanding Chakana Shares, at a price of CDN$0.51 per Chakana Share for total gross proceeds of CDN$8,000,000 . No commissions [...]
Chakana Copper Corp. , is pleased to release additional drill results from Breccia Pipe 6 at the Soledad copper-gold-silver project in central Peru. All six drill holes intersected significant mineralization, including 29.0m with 1.24 g/t Au, 0.76% Cu, and 227.7 g/t Ag from 64m in hole SDH18-103 and 14.0m with 3.83 g/t Au, 1.92% Cu, and 12.9 g/t Ag from 86m in hole SDH18-107. The initial eight drill holes in Bx 6 were [...]
Chakana acquiring 1.0% NSR royalty at a significant discount to existing purchase option agreement. Condor’s future NSR is reduced from 2.0% to 1.0%. Chakana has right to buy-down an additional 0.5% NSR royalty if purchase option agreement is exercised. Chakana pre-royalty payments are eliminated if purchase option agreement is exercised. Chakana Copper Corp. , announces that it has purchased a 1.0% Net Smelter [...]
Chakana Copper Corp. , is pleased to release initial drill results from Breccia Pipe 6 at the Soledad copper-gold-silver project in central Peru. Bx 6 is located 500 metres north of Bx 5 and 1 km northwest of Bx 1 and is the northernmost and highest elevation outcropping breccia pipe identified to date in the Soledad cluster. There are seventeen confirmed breccia pipes on the Soledad project, twelve of which occur in the [...]
Chakana Copper Corp., is pleased to announce it has completed infill drilling on the upper 340m mineralized extent of Breccia Pipe 5 at the Soledad copper-gold-silver project in central Peru. All drilling to date has been on the portion of the Soledad Project optioned from Condor Resources Inc. The four holes reported here were designed to explore the upper 200m extent of the breccia pipe from surface . Chakana had [...]
Chakana Copper Corp. is pleased to report that it has received final government approval of the Semi-detailed Environmental Impact Assessment covering a portion of the Soledad copper-gold-silver project in Peru. The approval applies to the original area of the Declaration of Environmental Impact on the Soledad exploration permit and includes 120 additional drilling platforms. Map showing Chakana’s 3,085-hectare land [...]
Chakana Copper Corp. , is pleased to announce additional results from infill drilling on Breccia Pipe 5 at the Soledad copper-gold-silver project in central Peru . All drilling to date has been on the portion of the Soledad Project optioned from Condor Resources Inc. The four holes reported here were designed to explore the upper 250m extent of the breccia pipe . Chakana had previously released nine drill holes from Bx 5 [...]
Chakana Copper Corp. , is pleased to announce it has completed infill drilling on the upper 450m mineralized extent of Breccia Pipe 1 at the Soledad copper-gold-silver project in central Peru. All drilling to date has been on the portion of the Soledad Project optioned from Condor Resources Inc. Results of the previous fifty-eight drill holes have been released and are also available at www.chakanacopper.com. Two of the [...]
Chakana Copper Corp. , pleased to report it has been approved to uplist its common stock to the OTCQB® Marketplace effective September 17, 2018. The Company’s “CHKKF” trading symbol in the United States will remain unchanged. There is no action required by current shareholders as a result of this change. “Uplisting to the OTCQB is another important milestone for our company.” States CEO [...]
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