Movers and SHAKERS
Chakana Copper Corp (CHKKF)
A Unique Gold and Copper Opportunity Unfolding in Peru
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 Canada-based mineral exploration company currently advancing the gold-copper-silver Soledad Project near Aija, in the Ancash region of the Miocene mineral belt of Peru. The Soledad Project consists of high-grade gold-copper-silver mineralization hosted in tourmaline breccia pipes. The company’s shares are listed on the TSX Venture Exchange under the symbol “PERU” and trade over the counter under the ticker “CHKKF.”
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.
Initiating coverage. We are initiating coverage of Chakana Copper. The equity offers exposure to an exploration company with significant copper, gold, and silver discovery potential at its Soledad project in central Peru. In terms of investment attractiveness, Peru ranked 24th out of 76 mining jurisdictions in the 2019 Fraser Institute Annual Survey of Mining Companies. Key catalysts include near-term drilling results from the Huancarama breccia complex and a maiden resource estimate expected in mid 2021.
Focused on high-grade tourmaline breccia pipes. Chakana Copper's exploration activities focus on tourmaline breccias, a style of deposit characterized by high-grade gold, copper, and silver mineralization within breccia pipes that can exceed >2 kilometers in vertical depth. Breccia pipes form in clusters providing considerable potential for resource growth. In total, 23 breccia pipes have been...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*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.