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Chakana Reports 226 Metres of 0.34 g/t Gold, 0.36% Copper, and 16.9 g/t Silver (1.11 g/t Au-eq) from 3 Metres at Paloma East - Soledad Project, Peru
Including 15 Metres of 2.26 g/t Gold and 16.6 g/t Silver (2.48 Au-eq) from 21 Metres Vancouve...
About this update from Chakana Copper Corp.
[{"type":"text","content":"\nChakana Reports 226 Metres of 0.34 g/t Gold, 0.36% Copper, and 16.9 g/t Silver (1.11 g/t Au-eq) from 3 Metres at Paloma East - Soledad Project, PeruIncluding 15 Metres of 2.26 g/t Gold and 16.6 g/t Silver (2.48 Au-eq) from 21 MetresVancouver, British Columbia--(Newsfile Corp. - October 26, 2020) -  Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the \"Company\" or \"Chakana\"), is pleased to provide drill results from four additional holes completed at the Paloma East target at the expanded Soledad Project in Ancash, Peru. These results are part of the Phase 3 drill program, a fully funded 15,000 metre drill program that started August 15, 2020. Phase 3 is testing a tight cluster of high-grade, gold-enriched tourmaline breccia pipe targets within the high-priority Paloma area and will then continue onto the Huancarama breccia complex (Fig. 1). Drilling is currently underway at Paloma West where eleven holes have been completed thus far.Significant mineralized intervals from these four holes at Paloma East include: DDH #AzDipFrom - To (m)Core Length (m)Aug/tAgg/tCu %Cu-Eq%*Au-eq g/t*SDH20-13645-7049.3555.706.350.1637.62.272.704.12and76.00120.0044.000.134.50.340.460.71SDH20-137233-756.0081.0075.000.9022.41.19including6.0054.0048.001.3424.91.67including20.0045.0025.002.1633.72.60including57.0081.0024.000.1319.10.801.051.60and86.00114.0028.000.123.60.540.650.99and129.00154.0025.000.066.00.350.440.67and198.00207.009.000.2524.10.260.630.96and289.00304.0015.000.1572.00.230.941.44SDH20-138207-653.00229.00226.000.3416.90.360.731.11including21.0036.0015.002.2616.62.48including55.00159.00104.000.1411.00.600.791.20including64.0097.0033.000.2220.30.991.312.00including188.00229.0041.000.3348.70.360.991.52including188.00204.0016.000.5165.40.551.442.21and331.00339.008.000.0724.40.280.530.82and382.00384.002.000.0888.80.861.672.56and426.00429.103.100.1818.20.510.781.20SDH20-139190-502.0085.7083.700.5614.00.74including3.0034.0031.001.108.81.22and136.45145.909.450.5277.01.192.193.35 * Cu_eq and Au_eq values were calculated using copper, gold, and silver. Metal prices utilized for the calculations are Cu - US$2.90/lb, Au - US$1,300/oz, and Ag - US$17/oz. No adjustments were made for recovery as the project is an early stage exploration project and metallurgical data to allow for estimation of recoveries are not yet available...