• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Chakana Copper Releases More Results From Soledad

    Scott Tibballs
    May. 28, 2018 08:30AM PST
    Base Metals Investing

    Chakana Copper has released assays from five additional holes in Breccia Pipe 1 at its Soledad copper-gold-silver project in central Peru, optioned from Condor Resources.

    Chakana Copper (TSXV:PERU,OTC:CHKKF,FWB:1ZX) has released assays from five additional holes in Breccia Pipe 1 (Bx 1) at its Soledad copper-gold-silver project in central Peru, optioned from Condor Resources.

    According to the company the ongoing drill program is ahead of schedule and under budget.

    As quoted in the press release, president and chief executive officer of Chakana Copper, David Kelley said:

    “These latest results continue to highlight the high grade nature of Bx 1 from surface. All of the holes penetrate the upper supergene zone where copper is leached, but gold is retained. Beneath this, copper, gold and silver are strongly enriched in the primary zone with abundant visible chalcopyrite mineralization.

    Holes 54 to 57 also penetrate a lower mineralized zone with copper grades in excess of 1.58 percent. In holes 56 and 57, the upper part of this zone is strongly mineralized with 22m of 2.96 percent copper and 1.30 grams per tonne (g/t) of gold, and 23m of 2.82 percent copper and 1.10 g/t gold, respectively. Most of the mineralization occurs as matrix sulfides in either shingle or mosaic breccia, but hole 54 shows some very impressive massive and semi-massive sulfide zones dominated by chalcopyrite.

    It’s also important to note that hole 34, drilled to the southwest from a step out platform 80 northeast of the central platform, intersected the southwest margin of the breccia pipe approximately 100 to 125m below the mineralized breccia zone in holes 54 to 57 and returned 71.4m of 1.53 percent copper, 1.05 g/t gold and 81.7 g/t silver from 317.6m, including a very high-grade margin zone with 34.4m of 2.84 percent copper, 1.30 g/t gold and 89.3 g/t silver from 354.6m.

    Our drill program will continue to track this impressive mineralization to depth.”

    Click here to view the full Chakana Copper (TSX:PERU) press release.

    tsxv:peruchakana copperdavid kelleycopper investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Spools of copper wire.

    Top 5 Junior Copper Stocks on the TSXV in 2025

    Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

    Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

    Latest News

    New Drill Targets defined at Mt Hope Project

    Blackstone Minerals Investment Mankayan Project Update

    ACG Amends Terms of Gediktepe Royalty Agreement to Support Transition from Gold to Copper Production

    Prismo Metals Announces Results of Shareholder Meeting and Security Based Compensation Grants

    Brixton Metals Drills 15m of 2.26 g/t Gold at the Trapper Gold Target

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    African Discovery Group

    AFDG

    Copper Quest Exploration

    CQX:CC

    Empire Metals

    EPMLF

    Corazon Mining

    CZN:AU

    Blackstone Minerals

    BSX:AU

    Osisko Metals: Pure Potential

    OM:CA
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES