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Chakana Copper has announced that it has expanded its mineral rights adjacent to the Soledad project in Peru by 1,066 hectares.
Chakana Copper (TSXV:PERU) has announced that it has expanded its mineral rights adjacent to the Soledad project in Peru by 1,066 hectares.
According to the company, it now has, or can earn a 100 percent interest in a total of 3,085 hectares covering two clusters of breccia pipes. The new 1,066 hectares of mineral rights were acquired through an option agreement with Minera Barrick Misquichilca.
President and CEO of Chakana David Kelley said:
“We are excited to have completed this agreement with Barrick, which significantly expands our mineral rights to the south of Soledad and brings a new cluster of mineralized tourmaline breccia pipes and occurrences to the project. The new cluster, referred to as Compañero, is located 2.5 km southwest of the main cluster of pipes at Soledad. The cluster consists of 5 principle tourmaline breccia bodies, one of which has a prominent outcrop like many of the other known breccia pipes in the Soledad cluster.”
Chakana also released a drilling update for Soledad detailed in the press release.
Click here to read the full Chakana Copper (TSXV:PERU) press release.
