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Chakana Copper Corp.
Summary
| Project: | Soledad | |
|---|---|---|
| Deposit: | Breccia Pipe 1 | |
| Location: | Peru | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 4/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-4-2018: Chakana Copper Corp. announces an Exploration/Drilling Update report for its Breccia Pipe 1 deposit at the Soledad project. Drilling results incl. 44.1m @ 8.50g/t Au, 27.1g/t Ag, 2.02% Cu from 76.9m. VANCOUVER, April 4, 2018 /CNW/ - Chakana Copp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Kelley (Internal) | |
| ABSTRACT: | VANCOUVER, April 4, 2018 /CNW/ - Chakana Copper Corp. (TSX-V: PERU; OTC: CHKKF; FWB: 1ZX) (the "Company" or "Chakana"), is pleased to announce assays from four additional step-out holes in Breccia Pipe 1 (Bx 1) at its Soledad copper-gold-silver project in central Peru, optioned from Condor Resources Inc. The Soledad project (the "Project") is located 35 km south of the Pierina mine in the prolific Miocene metallogenic belt of Peru. These results are a successful continuation of the drilling program that was initiated August 16, 2017, with the results of the first thirty-two drill holes released previously (see: www.chakanacopper.com). This Phase 1 drilling program is ongoing with a total of 12,328m drilled to date out of an original planned program of 16,660m and is ahead of schedule and under budget. "These four additional holes in Bx 1 from a step-out platform drilling across the pipe demonstrate excellent continuity of the high-grade mineralization", said President and CEO David Kelley. "Hole SDH18-049 has a very impressive high-grade margin zone with 19.4m of 2.70% Cu, 14.36 g/t Au, and 26.0 g/t Ag in a broader interval of 44.1m with 2.02% Cu, 8.50 g/t Au, and 27.1 g/t Ag. The four holes have long runs of continuous mineralization ranging from 44.1m to 73.1m. Holes SDH18-050 and SDH18- 051 also intersect a deeper mineralized breccia on the southwest side of the pipe, with hole SDG18-050 having 17.85m of 3.62% Cu, 0.89 g/t Au, and 53.1 g/t Ag (Figure 1)." | |
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