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Chakana Copper Corp.
Summary
| Project: | Soledad | |
|---|---|---|
| Deposit: | Soledad | |
| Location: | Peru | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 1/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-1-2018: Chakana Copper Corp. announces an Exploration/Drilling Update report for its Soledad deposit at the Soledad project. Drilling results incl. 69m @ 3.15g/t Au, 11.3g/t Ag, 0.39% Cu from 0m. Vancouver, B.C., January 31, 2018 – Chakana Copper Corp. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Kelley (Internal) | |
| ABSTRACT: | Vancouver, B.C., January 31, 2018 – Chakana Copper Corp. (TSX-V: PERU) (the “Company” or “Chakana”), is pleased to announce the following assay results from five additional diamond drill holes drilled to date by the Company at its Soledad copper-gold-silver project in central Peru, optioned from Condor Resources Inc. This drilling campaign was initiated August 16, 2017, with the results of the first five drill holes announced on October 6, 2017 and October 25, 2017. The program is ongoing for a total of 8,595m drilled to date of an original program of 16,660 m. All assays released to date (include those set out below) have been from drilling on Breccia Pipe #1 (Bx #1) where historic drilling had documented continuous mineralization from surface to a depth of 490 m’s until the hole exited the side of the breccia pipe (please refer to Condor Resources news release of July 6, 2016). Drilling by Chakana has been from a central platform on top of Bx #1 with different azimuth and dip angles to define the geometry of the pipe and the grade profile within the pipe and at the contact with the wall rock The Soledad project is located 35 km south of the Pierina mine in the prolific Miocene metallogenic belt of Peru. The project hosts multiple high-grade quartz-tourmaline-sulfide breccia pipes that crop out at surface | |
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