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 [...]
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 [...]