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Chakana Provides Surface Channel Sampling Results for Breccia Pipe 1 and Breccia Pipe 6 - Soledad Project, Peru
Bx 1: 17.0 metres with 9.98 g/t gold and 234.6 g/t silver, including 5.0 metres with 17.99 g/t...
About this update from Chakana Copper Corp.
[{"type":"text","content":"Chakana Provides Surface Channel Sampling Results for Breccia Pipe 1 and Breccia Pipe 6 - Soledad Project, PeruBx 1: 17.0 metres with 9.98 g/t gold and 234.6 g/t silver, including 5.0 metres with 17.99 g/t gold and 624.0 g/t silverVancouver, British Columbia--(Newsfile Corp. - October 8, 2020) - Chakana Copper Corp. (TSX-V: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the \"Company\" or \"Chakana\"), is pleased to release surface channel sampling results for two (2) previously drilled tourmaline breccia pipes at its expanded Soledad project in Ancash, Peru. The sampling program is in support of an initial resource estimate for the property anticipated in 2021. This sampling program is being carried out at the same time as a 15,000m fully funded drill program that started August 15, 2020 (see recent results reported on September 17 and August 28, 2020). Chakana has previously completed 30,273m of drilling on the property on multiple mineralized breccia pipes.Channel Sampling ResultsAssay results for channel samples collected from Bx 1 (n=103) and Bx 6 (n=60) are listed in the table below:Within Bx 1, two continuous channel samples assayed 1) 9.98 g/t gold and 234.6 g/t silver over 17.0 metres, including 17.99 g/t gold and 624.0 g/t silver over 5.0 metres; and 2) 7.56 g/t gold and 11.92 g/t silver over 17.9 metres (Fig. 1).All Bx 1 channel samples average 5.61 g/t gold and 62.2 g/t silver with maximum grades of 28.0 g/t gold and 1,230 g/t silver. Copper averages 0.12%; copper grades are generally low at surface due to oxidation and leaching. All Bx 6 channel samples average 0.19 g/t gold and 34.6 g/t silver with maximum grades of 0.57 g/t gold and 132 g/t silver.Breccia PipenLength(m)Au g/t minAu g/t maxAu g/t meanAu g/t medianAg g/t minAg g/t maxAg g/t meanAg g/t medianCu % minCu % maxCu % meanBx 11030.1228.005.615.101.21,230.062.214.60.0090.8900.117Bx1-NW-11717.02.1128.09.983.81,230.0234.60.020.890.24including55.011.5028.0017.99297.01,230.0624.00.240.890.42Bx1-NE02*1817.90.0012.67.560.058.811.920.000.070.04Bx 6600.040.570.190.163.8132.034.626.00.0030.0220.007 * A gap of 40 cm within this continuous channel sample was included and treated as zero value for average metal value calculations.The distribution of channel samples and gold and silver is shown in Figures 1 and 2 for Bx 1 and Bx 6, respectively. Gold in channel samples from Bx 1...