Chakana Releases Infill Drilling Results from Soledad Project

- November 13th, 2018

The company said that all drilling to date has been on the portion of the Soledad project optioned from Condor Resources.

Chakana Copper (TSXV:PERU) has announced additional results from infill drilling on breccia pipe 5 (bx 5) at the Soledad copper-gold-silver project in central Peru.

The company said that all drilling to date has been on the portion of the Soledad project optioned from Condor Resources.

As quoted in the press release:

All four holes intersected significant intervals of mineralization. Hole SDH18-080 was drilled to the southeast from a collar located on the northeast part of the breccia pipe and is the best hole drilled to date on bx 5 in terms of grade-thickness. Excluding the oxide zone, primary grades are 0.79 percent copper, 1.30 grams per tonne (g/t) gold, and 21.6 g/t silver for 234m starting at 30m depth. Previous results from hole SDH17-038, drilled to the east at 82 degrees azimuth from the same collar location, also had high copper grades with 1.21 percent copper, 0.70 g/t gold, and 53.8 g/t silver for 23m starting at 38m depth.

President and CEO of Chakana, David Kelley said:

“These results are very encouraging for Bx 5 in terms of continuity of mineralization and the suggestion of higher copper grades on the eastern side of the breccia pipe. Drill results from both Bx 1 and Bx 5 are open at depth and numerous additional targets remain to be tested.”

Click here to read the full Chakana Copper (TSXV:PERU) press release.

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