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Chakana Copper Corp V.PERU

Alternate Symbol(s):  CHKKF

Chakana Copper Corp. is a Canada-based minerals exploration company. The Company is engaged in advancing the Soledad Project located in the Ancash region of Peru. The Soledad Project is notable for the high-grade copper-gold-silver mineralization that is hosted in tourmaline breccia pipes. The Soledad project is located in Ancash province of central Peru, approximately 260 km north-northwest of Lima and 35 km south of Barrick’s Pierina mine. The project is part of the Ticapampa-Aija Mining District in the Cordillera Negra. The Company’s wholly owned subsidiary is Chakana Resources S.A.C.


TSXV:PERU - Post by User

Comment by IgnacioCashmereon Oct 14, 2021 10:47am
315 Views
Post# 34005008

RE:Copper $4.62 /lb

RE:Copper $4.62 /lb
these are pipes they are drilling. It's not like these grades are bulk tonnage. If you get directly over the pipe & drill down the dip you get galactic results, but it is confined. When I first read about Chakana's drill results, I was stunned also. But this will be an underground mine taking out the juicy pipes, so it is technically more difficult & expensive than open pit. If this were open pit bulk tonnage I would agree with SP in the dollars, but its not.
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