Fully-Funded 15,000m Drill Program in Peru
Chakana Copper is a minerals exploration company that is currently advancing the high-grade gold-copper-silver Soledad Project. The project located in the Ancash region of Peru, a highly favorable mining jurisdiction with supportive communities. The Soledad Project consists of high-grade gold-copper-silver mineralization hosted in tourmaline breccia pipes. A total of 30,273m of drilling has been completed to-date, testing seven of twenty-three confirmed breccia pipes with more than 92 total targets.
The Soledad Project
The Soledad project is located in Ancash province of central Peru. Further, it sits approximately 260 km north-northwest of Lima and 35 km south of Barrick’s Pierina mine. It’s also part of the Ticapampa-Aija Mining District in the Cordillera Negra. This region has a long history of exploration and mining.
“Not only is the geology ideal but we’re in a part of Peru where the infrastructure is outstanding,” says President and CEO David Kelley.
Drilling is underway at Paloma East, and will then continue on to Paloma West, and the Huancarama breccia pipe complex. These outcropping targets are in part defined by high-grade gold rock sample results during surface exploration but have not been previously drilled. The targeted pipes demonstrate a number of surface characteristics consistent with previous results from other drilled breccia pipes at Soledad.
“The program that we’re drilling now is in an area that we have not drilled in before. So, the permit was critical in giving us access to very attractive targets that have never been drilled before,” says Kelley.