Chakana Copper Intersects 44.1 Metres with 2.02 Percent Copper and 8.50 g/t Gold

Chakana Copper Corp. (TSX-V: PERU; OTC: CHKKF; FWB: 1ZX)(the “Company” or “Chakana”), is pleased to announce assays from four additional step-out holes in Breccia Pipe 1 (Bx 1) at its Soledad copper-gold-silver project in central Peru, optioned from Condor Resources Inc. The Soledad project (the “Project”) is located 35 km south of the Pierina mine in the prolific Miocene metallogenic belt of Peru.

As quoted in the press release:

“These four additional holes in Bx 1 from a step-out platform drilling across the pipe demonstrate excellent continuity of the high-grade mineralization”, said President and CEO David Kelley. “Hole SDH18-049 has a very impressive high-grade margin zone with 19.4m of 2.70% Cu, 14.36 g/t Au, and 26.0 g/t Ag in a broader interval of 44.1m with 2.02% Cu, 8.50 g/t Au, and 27.1 g/t Ag. The four holes have long runs of continuous mineralization ranging from 44.1m to 73.1m. Holes SDH18-050 and SDH18-051 also intersect a deeper mineralized breccia on the southwest side of the pipe, with hole SDG18-050 having 17.85m of 3.62% Cu, 0.89 g/t Au, and 53.1 g/t Ag (Figure 1).”

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