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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")...
About this update from Chakana Copper Corp.
[{"type":"text","content":"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: 1ZX) (the \"Company\" or \"Chakana\"), is pleased to provide results from the final seven resource definition holes drilled in Bx 1 totaling 2,474.65m from the Soledad project, Ancash, Peru (Table 1). Drilling continues as part of a fully funded 26,000m exploration and resource drilling program planned for 2021 (Fig. 1). These results will increase confidence in the initial resource estimate, anticipated at the end of 2021.\"Results for the final seven resource definition holes for Bx 1 are excellent as expected and consistent with previous drill results. These results, combined with previous drilling at Bx 1, will be part of the initial resource estimate that will also include Bx 5, Bx 6, Paloma East, Paloma West, and Huancarama. We look forward to releasing additional drill results from our ongoing drill program and are committed to having the initial resource estimate out by the end of the year,\" stated President and CEO David Kelley. Drill Results Table 1. Mineralized intervals:Bx 1 (Resource Definition)DDH #From - To (m)Core Length (m)Aug/tAgg/tCu %Cu-eq%*Au-eq g/t*SDH21-2110.027.027.04.6114.24.80and 39.083.044.04.8660.81.585.288.07and133.0159.026.00.68256.13.726.359.72and198.0241.743.70.2954.00.931.582.42and255.4257.82.50.2683.11.882.764.22SDH21-2130.024.024.05.9020.36.17and37.0106.369.33.3871.41.344.166.36including38.046.08.010.4232.12.859.9415.20and146.0192.046.00.36592.95.6410.9416.74including152.0167.015.00.561207.611.5222.2133.97and 208.0216.08.00.12129.41.933.114.76and232.0259.027.00.80132.21.312.964.53and297.0329.232.20.6448.20.901.732.65SDH21-2160.0113.0113.03.6062.20.813.705.65and125.0132.07.00.4542.40.611.271.94and175.9178.02.10.43152.43.134.717.21and189.0201.012.00....