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Chakana Provides Exploration Update and Resumes Drilling at the Soledad Project, Peru
Soledad Project Highlights Include: Drilling campaign will test thirteen new targets on ...
About this update from Chakana Copper Corp.
[{"type":"text","content":"Chakana Provides Exploration Update and Resumes Drilling at the Soledad Project, Peru Soledad Project Highlights Include: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) (the \"Company\" or \"Chakana\"), is pleased to confirm that drilling will start June 15, 2022 to test thirteen new targets not previously drilled on the north side of the project. These thirteen targets were selected from a total of 154 targets identified on the project that were prioritized during an in-house technical workshop incorporating recently acquired Offset IP survey results. The objective of the drill program is to test the exploration potential of numerous additional targets beyond the targets that have been drilled leading to the initial resource estimate for the project (see news release dated January 11, 2022). \"For 2022, our goal is to test some of the best targets outside the current resource area to better understand the upside potential of the Soledad project. Although we have numerous targets defined on the project, these targets rank highly based on the multiple datasets derived as a result of detailed mapping, rock and soil geochemistry, geophysical surveys, detailed modeling of several well-mineralized targets, and an improved understanding of the structural controls on the Soledad mineral system,\" stated President and CEO David Kelley. Exploration Update and 2022 Drill ProgramA targeting workshop was recently held to review and update drill targets for the Soledad project. Since the original targeting workshop was held in 2019, several new data sets have been acquired over the entire 12 square kilometer area of the prospective Soledad mineral system. New data sets incorporated into the targeting include 1) detailed ground magnetics, 2) gradient array induced polarization, 3) offset (3D) induced polarization, 4) detailed mapping, and 5) hyperspectral alteration mineralogy studies. Targets are catego...