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Chakana Copper Corp.
Summary
| Project: | Soledad | |
|---|---|---|
| Deposit: | Breccia Pipe 6 | |
| Location: | Peru | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-4-2019: Chakana Copper Corp. announces an Exploration/Drilling Update report for its Breccia Pipe 6 deposit at the Soledad project. Drilling results incl. 96.00m @ 0.64g/t Au, 76.0g/t Ag, 0.24% Cu from 4.00m. Vancouver, B.C., April 2, 2019 – Chakana Cop | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Kelley (Internal) | |
| ABSTRACT: | Vancouver, B.C., April 2, 2019 – Chakana Copper Corp. (TSX-V: PERU; OTCQB: CHKKF; FWB: 1ZX) (the“Company”or“Chakana”), is pleased to release additional drill results from Breccia Pipe 6 (Bx 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 previously reported (see news release dated February 7, 2019 at www.sedar.com). 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 Soledad cluster, along with twelve other distinctive targets that are consistent with alteration encountered adjacent to breccia pipes in previous drilling (Fig. 1). Four of the seventeen confirmed pipes have been drilled to date. Five of the six drill holes reported here were designed to explore the uppermost 400m extent of Bx 6 (Figs. 2 and 3) within the upper breccia, while the sixth hole was designed to test a possibly separate, lower brecciabody encountered in drilling by a previous company in 2016. Drill collars were located on the north central part of the breccia pipe and oriented southeast and southerly. The prospective northern margin of the pipe remains undrilled. Subsequent drilling from step out platforms will help to determine the grade and the overall geometry and plunge of the breccia. | |
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