Movers and SHAKERS
Chakana Copper Corp (CHKKF)(PERU:CA)
Drill Results Augur Well for Soledad's Initial Resource Estimate
Noble Capital Markets research on Chakana Copper Corp is published under ticker symbols CHKKF and PERU:CA. The price target is in USD and based on ticker symbol CHKKF. Chakana Copper Corp is a Canadian-based minerals exploration company that is currently advancing the high-grade gold-copper-silver Soledad Project located in the Ancash region of Peru, a highly favorable mining jurisdiction with supportive communities. The Soledad Project consists of high-grade gold-copper-silver mineralization hosted in tourmaline breccia pipes. A total of 33,353 metres of drilling has been completed to-date, testing nine (9) of twenty-three (23) confirmed breccia pipes with more than 92 total targets. Chakana’s investors are uniquely positioned as the Soledad Project provides exposure to several metals including copper, gold, and silver.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Remaining 12 Breccia Bx 5 drill results. Chakana Copper released results for the remaining 12 resource definition holes drilled in Breccia Bx 5. Recall Bx 5 is one of six breccia pipes that will support Chakana’s initial resource estimate. Beyond mineralization near surface, Chakana has confirmed mineralization to a depth of 485 meters. Drilling has affirmed consistent and continuous mineralization, along with high grade zones.
Initial resource estimate may just scratch the surface. Chakana expects to release an initial resource estimate by year end which will include Bx 1, Bx 5, Bx 6, Paloma East, Paloma West, and Huancarama down to a depth of three hundred meters. Given that drilling has confirmed mineralization at greater depth, 23 mineralized breccia pipes have been identified at surface, and the company has ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.