Chakana drills 268 metres of 1.48%CuEq at Soledad, Peru

Chakana Copper Corp.[PERU-TSXV; CHKKF-OTCQB; 1ZX-FSE] reported assay arise from 14 resource meaning holes drilled in the Bx 5 breccia pipeline amounting to 2,05275 metres at the Soledad job, Ancash, Peru. The resource drilling becomes part of a completely funded 26,000- metre expedition and resource drilling program prepared for2021 These outcomes will increase self-confidence in the preliminary resource price quote, prepared for to be finished by the end of 2021.

Drill hole SDG21-226 returned 157.00 metres of 1.44 g/t gold, 13.2 g/t silver and 0.66%copper (CuEq 1.71%), consisting of 53.00 metres of 1.27 g/t gold, 18.7 g/t silver and 1.21%copper (CuEq 2.20%), consisting of 48.00 metres of 16.1 g/t silver and 0.76%copper (CuEq 2.73%).

Hole SDH21-227 returned 105.00 metres of 1.24 g/t gold, 23.0 g/t silver and 1.09%copper (CuEq 2.10%), consisting of 46.00 metres of 1.50 g/t gold, 40.5 g/t silver and 1.74%copper (CuEq 3.07%).

Hole SDH21-229 returned 268.00 metres of 1.17 g/t gold, 19.2 g/t silver and 0.55%copper (CuEq 1.48%).

David Kelley, president and CEO, stated, “The extra drill results for Bx 5 are impressive and enhance our understanding of the mineralization hosted in this breccia pipeline. Grades are more powerful at depth as seen in the much deeper holes in this release, and mineralization stays open. This is among 6 breccia pipelines that will be consisted of in the preliminary resource quote. The Soledad task is extraordinary in having actually numerous mineralized breccia pipelines in close distance to each other. We are likewise extremely thrilled about the brand-new geophysical information that is being obtained throughout the whole level of the 12- square-kilometre mineral system and anticipate that this will add to the continuous expedition success on the residential or commercial property.”

The Bx 5 breccia pipeline remains in the north-central part of the job and is among 6 breccia pipelines that will be consisted of in Chakana’s preliminary resource quote. The breccia pipeline forms a popular monolith outcrop and reaches depths higher than 482 m where mineralization stays open.

An overall of 26,850 metres of drilling have actually been finished in2021 The goals of this drill program are to finish resource meaning drilling on 6 preliminary breccia pipelines to an approximate depth of 300 m and test numerous brand-new expedition targets. Breccia pipelines that will be consisted of in the preliminary resource price quote are: Bx 1, Bx 5, Bx 6, Paloma East, Paloma West and Huancarama.

Gradient-array caused polarization (IP) studies are roughly 90%total over the whole 12 km 2 footprint of the Soledad mineral system. As soon as finished, balanced out IP surveying will be performed over high-priority target locations to supplement the comprehensive expedition information sets utilized to determine the existing stock of 110 expedition targets on the home. This brand-new info will be utilized to determine both brand-new targets and focus on existing targets in preparation for drilling when the expedition drilling program resumes.