Soledad Project Highlights Include: Commenced fully-funded 3,000 m drill program on April 5, 2024. Drilling is focused on the southern half of the Soledad project in a new permit area. Drilling currently testing the Estremadoyro tourmaline breccia pipe. Immediate follow-on drilling will test the bulk-tonnage Mega-Gold copper-gold porphyry target and the La Joya high-sulfidation epithermal gold-silver zone. [...]
Soledad Project Highlights Include: Three high-priority target areas are defined, permitted, and ready to drill Fully-funded 3,000 m drill program to start by April 1, 2024 Drilling will be focused on the south half of the Soledad project Drill campaign will test two bulk-tonnage targets - Mega-Gold copper-gold porphyry and the La Joya high-sulfidation epithermal gold-silver zone; and the mineralized Estremadoyro [...]
Chakana Copper Corp. Further to a news release dated February 9, 2024, announcing the intention to extend the term and adjust the $0.20 exercise price of 28,369,789 common share purchase warrants , the Company has received TSX-V acceptance to extend the Warrants to October 31, 2024, and amend the exercise price of the Warrants from $0.20 to $0.14. The Company has carefully considered this amendment to optimize its [...]
Chakana Copper Corp. announces that the Company has applied to the TSX Venture Exchange to extend the term of 28,369,789 common share purchase warrants currently set to expire on May 20, 2024 and June 21, 2024 to October 31, 2024. The Warrants were originally issued pursuant to a private placement of units completed by the Company on May 20, 2022 and June 21, 2022. The Company has also applied to amend the price of the [...]
Chakana Copper Corp. is pleased to announce that it has completed the upsized final tranche of its non-brokered private placement . In connection with the closing of the second tranche, the Company issued 54,459,356 units at a price of C$0.04 per Unit for gross proceeds of C$2,178,374.25. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the [...]
Chakana Copper Corp. is pleased to announce that, as a result of demand, it has increased the size of its previously announced non-brokered private placement of Units . Chakana will now raise aggregate gross proceeds of up to C$3,000,000 . 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 [...]
Chakana Copper Corp. announces that the TSX Venture Exchange has granted an extension to the closing time of the Company's non-brokered private placement of up to 55,000,000 units at a price of C$0.04 per Unit for gross proceeds of up to C$2.2 million . The Company has closed C$821,659.84 of the Private Placement to date. The extended date for final acceptance of the Private Placement is now January 12, 2024. Each Unit [...]
Chakana Copper Corp. is pleased to announce that it has completed the first tranche of its previously announced private placement for 20,541,495 units of the Company at a price of C$0.04 per Unit for gross proceeds of C$821,659.84. 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 price of [...]
Chakana Copper Corp. announces that further to its news release dated October 18, 2023 announcing a non-brokered private placement of up to 55,000,000 units of the Company at a price of C$0.04 per Unit for gross proceeds of up to C$2.2 million , the Company would like to add that $2M of the proceeds of the Private Placement will be applied to exploration drilling, and development of the Company's high-grade [...]
Chakana Copper Corp. is pleased to announce a non-brokered private placement of up to 55,000,000 units of the Company at a price of C$0.04 per Unit for gross proceeds of up to C$2.2 million . 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 $0.06 per Share for a period of two [...]
Soledad Project Highlights Include: Expanded drill permit approved Drilling can now proceed on the southern-half of the Soledad project High-priority targets already defined and ready to drill Two bulk-tonnage targets will be tested - Mega-Gold intrusion-hosted copper-gold zone and the La Joya high-sulfidation epithermal gold-silver zone High-grade, mineralized tourmaline breccia pipes will also be tested [...]
Chakana Copper Corp. , is pleased to provide this update on the Soledad project, located in the Ancash Province of Peru within the Miocene mineral belt. Soledad is an emerging copper-gold-silver discovery in the active Aija-Ticapampa mining district. An initial Inferred Resource of 191,000 ounces of gold, 11.7 million ounces of silver, and 130 million pounds of copper hosted in tourmaline breccia pipes and open at depth [...]