Chakana Provides Additional Information on Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2023) - Chakana Copper Corp. (TSXV: PERU) (FSE: 1ZX) (the "Company" or "Chakana") 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 ("Units") at a price of C$0.04 per Unit for gross proceeds of up to C$2.2 million (the "Private Placement"), the Company would like to add that $2M of the proceeds of the Private Placement will be...
2023-10-19 7:38 PM EDT
Chakana Announces Private Placement, Gold Fields to Follow Its Participation Rights
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2023) - Chakana Copper Corp. (TSXV: PERU) (FSE: 1ZX) (the "Company" or "Chakana") is pleased to announce a non-brokered private placement of up to 55,000,000 units of the Company ("Units") at a price of C$0.04 per Unit for gross proceeds of up to C$2.2 million (the "Private Placement"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one common share purchase warrant ("Warrant"). ...
2023-10-18 5:43 PM EDT
Chakana Receives Final Approval to Drill Mega-Gold, La Joya, and Other High-Priority Targets - Soledad Project, Peru
Soledad Project Highlights Include:Expanded drill permit approved Drilling can now proceed on the southern-half of the Soledad projectHigh-priority targets already defined and ready to drillTwo bulk-tonnage targets will be tested - Mega-Gold intrusion-hosted copper-gold zone and the La Joya high-sulfidation epithermal gold-silver zoneHigh-grade, mineralized tourmaline breccia pipes will also be testedVancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Chakana Copper Corp. (TSXV:...
2023-07-05 6:30 AM EDT
Chakana Prepares to Drill the Mega-Gold and La Joya HSE Targets and Advances Drill Permit - Soledad Project, Peru
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), 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 (MRE) of 191,000 ounces of gold, 11.7 million ounces of silver, and 130 million...
2023-02-22 6:30 AM EST
Chakana Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to announce that it has modified the payment terms with M&R Aija S.A.C. for the Aija Option Agreement (the "Agreement") covering a portion of the Soledad project, located in the Ancash Province of Peru. The agreement relates to 10 mining concessions totalling 639 hectares covering the Huancarama, Paloma East, and Paloma West...
2022-12-21 6:30 AM EST
Chakana Copper Announces Option Grant
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") announces that it has granted stock options to certain of its directors, officers, employees and consultants to purchase up to 4,200,000 common shares. Each option is exercisable to acquire one common share of Chakana at a price of $0.075 until September 29, 2027. The options will vest over an 18-month period and in accordance with the...
2022-09-29 6:56 PM EDT
Chakana Provides Project Update and Initiates Geometallurgical Study at The Soledad Project, Peru
Recent Highlights Include:2,144m completed in eight exploration holes testing new target typesGeometallurgical study initiated on high-grade mineralization identified within the initial inferred resourcePermitting on the south side of the project is advancing and will allow testing of additional high priority targets once grantedVancouver, British Columbia--(Newsfile Corp. - September 22, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is...
2022-09-22 6:30 AM EDT
Chakana Closes Second Tranche of Private Placement and Provides Update
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") is pleased to announce that it has completed a second and final tranche of its previously announced private placement (the "Private Placement") for 10,470,451 units of the Company ("Units") at a price of C$0.11 per Unit for gross proceeds of C$1,151,749. Combined with the first tranche that closed in May (see news release dated May 24, 2022),...
2022-06-22 6:33 AM EDT
Chakana Provides Exploration Update and Resumes Drilling at the Soledad Project, Peru
Drilling campaign will test thirteen new targets on the north side of the Soledad project.The priority targets were selected from an inventory of 154 total targets defined after integrating results from recently completed geophysical surveys.Permitting on the south side of the project is advancing and will allow testing of additional high priority targets once approved.Vancouver, British Columbia--(Newsfile Corp. - June 9, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX)...
2022-06-09 6:30 AM EDT
Chakana Closes First Tranche of Private Placement, Gold Fields Exercises Participation Rights
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") is pleased to announce that it has completed the first tranche of its previously announced private placement (the "Private Placement") for 46,269,134 units of the Company ("Units") at a price of C$0.11 per Unit for gross proceeds of C$5,089,604. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one-half...
2022-05-24 6:30 AM EDT
Chakana Announces Private Placement, Gold Fields to Follow Its Participation Rights
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") is pleased to announce a non-brokered private placement of up to 63,636,363 units of the Company ("Units") at a price of C$0.11 per Unit for gross proceeds of up to C$7.0 million (the "Private Placement"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share...
2022-05-19 6:00 PM EDT
Chakana Copper Announces Extension Agreement and Revised Payment Terms with Condor Resources for Soledad Project, Peru
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") is pleased to announce that it has reached a binding agreement with Condor Resources Inc. ("Condor") to amend the terms of the purchase option agreement dated April 24, 2017, as amended on March 18, 2019, and November 13, 2020, relating to the Soledad Project. Under the existing agreement, a final payment of US$4.425 million dollars was due...
2022-04-18 6:30 AM EDT
Chakana Copper Announces Filing of Technical Report for Previously Reported Inferred Mineral Resources for Soledad Project, Peru
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2022) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), announced today that the corporation has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Project ("NI-43-101") supporting the inferred mineral resource statement for the Soledad Project located in Ancash, Peru. The highlights of the Report were previously...
2022-02-23 5:43 PM EST
Chakana Reports Initial Inferred Resource on Seven Breccia Pipes at the Soledad Project, Peru
Soledad Project Highlights Include:Inferred Resources were estimated for seven breccia pipes that start at surface and extend to an average depth of approximately 300 metres; all zones remain open at depth Inferred Resources of 4.8 million tonnes grading 0.72 g/t gold, 61 g/t silver and 0.97% copper assumed to be extractable by underground mining methodsInferred Resources of 1.9 million tonnes grading 1.29 g/t gold, 37.1 g/t silver and 0.65% copper assumed to be extractable by open pit mining...
2022-01-11 6:00 AM EST
Chakana Reports 50.7m of 0.63 g/t Gold, 3.46% Copper and 118.8 g/t Silver (4.89% Cu-Eq) in Huancarama at Soledad, Peru
Soledad Project Highlights Include:Remaining 13 resource definition and exploration holes at Huancarama reported totalling 3,265mTwo additional high-grade intervals of >50m lengths also reported56.15 m @ 0.45 g/t Au, 115.1 g/t Ag, and 2.34% Cu (3.62% Cu-EQ)54.90 m @ 0.63 g/t Au, 81.7 g/t Ag, and 2.41% Cu (3.52% Cu-EQ)Off-set IP surveys continue over high priority targets defined by gradient array and other data sets; numerous new targets have been defined
2022-01-04 6:30 AM EST
Chakana Intersects 10m with 15.48 g/t Gold, 1.27% Copper and 82.4 g/t Silver (18.50 g/t Au-EQ or 12.09% Cu-EQ) Within 237m of 1.74 g/t Gold, 0.59% Copper and 25.2 g/t Silver in Breccia Pipe 5 from Surface at Soledad, Peru
Additional resource definition drill results pending for Huancarama.Off-set IP surveys continue over all high priority targets defined to date.Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") is pleased to provide results from the remaining twelve resource definition holes drilled in Bx 5 totaling 2,541m at...
2021-11-18 6:30 AM EST
Chakana Reports 113m of 0.90 g/t Gold, 0.92% Copper and 72.8 g/t Silver (2.13% Cu-Eq) in Huancarama at Soledad, Peru
Off-set IP surveys underway over high priority targets defined by gradient array and other data setsVancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to provide results from twelve resourc
2021-11-01 6:30 AM EDT
Chakana Reports 268m of 1.17 g/t Gold, 0.55% Copper and 19.2 g/t Silver (1.48% Cu-Eq) in Breccia Pipe 5 from Surface at Soledad, Peru
Soledad Project Highlights Include:14 resource definition holes at Breccia Pipe 5 (Bx 5) reported totalling 2,052.75mAdditional resource definition drill results pending for Bx 5 and HuancaramaSite visit with Qualified Person for 43-101 resource estimate completedGradient-array induced-polarization (IP) geophysical surveys continueVancouver, British Columbia--(Newsfile Corp. - October 14, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is...
2021-10-14 6:30 AM EDT
Chakana Reports 220m of 0.62 g/t Gold, 79.0 g/t Silver, and 0.20% Copper (1.96 g/t Au-EQ) from Surface at Breccia Pipe 7 and Provides Exploration Update
Soledad Project Highlights:Five additional exploration drill holes completed on Bx 7 with significant interceptsMarker breccia tested with three shallow drill holes Resource definition drilling completed on six breccia pipes; assays from 51 drill holes pendingGradient-array and offset induced-polarization (IP) surveys identify new targets, define prospective corridors, detect mineralized breccia pipes, and refine the ranking of 110 existing targets identified to date; property-wide surveys...
2021-10-12 6:00 AM EDT
Chakana Reports Significant Intercepts at Soledad, Peru Including 46m of 5.64% Copper, 592.9 g/t Silver, and 0.36 g/t Gold Provides Update on Resource Drilling
Soledad Project Highlights Include:Resource definition holes at Breccia Pipe 1 ("Bx 1") completed; 62 drill holes totalling 17,936mA total of 259 diamond core holes completed on the Soledad project to date for 60,225m Additional resource definition drill results pending for Bx 5 and HuancaramaGradient array and 3D induced polarization (IP) orientation surveys in progressVancouver, British Columbia--(Newsfile Corp. - September 7, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE:...
2021-09-07 6:30 AM EDT