Movers and SHAKERS
Chakana Copper Corp (CHKKF)(PERU:CA)
Drilling at Huancarama Reveals Second High-Grade Discovery
Noble Capital Markets research on Chakana Copper Corp is published under ticker symbols CHKKF and PERU:CA. The price target is in USD and based on ticker symbol CHKKF. Chakana Copper Corp is a Canadian-based minerals exploration company that is currently advancing the high-grade gold-copper-silver Soledad 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 33,353 metres of drilling has been completed to-date, testing nine (9) of twenty-three (23) confirmed breccia pipes with more than 92 total targets. Chakana’s investors are uniquely positioned as the Soledad Project provides exposure to several metals including copper, gold, and silver.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
High-grade breccia pipe discovery at Huancarama. Chakana Copper announced the discovery of a second high-grade breccia pipe within the Huancarama Breccia Complex at the Soledad Project in Peru. The new high-grade breccia pipe (Huancarama West) is only 75 meters west of the previously announced Huancarama East discovery. To date, a total of 33 diamond core holes have been completed within the Huancarama Breccia Complex to delineate the boundaries of the breccia pipes.
Drill results highlight near-surface mineralization potential. The company released results for six drill holes at Huancarama West and three drill holes at Huancarama East. Five of the six drill holes at Huancarama West intersected mineralized breccia starting at depths ranging from 2.75 to 4.0 meters with significant gold and silver intercepts. The three holes at Huancarama East confirmed that the ...
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.