Movers and SHAKERS
Chakana Copper Corp (CHKKF)
Connecting the Dots at Huancarama
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.
Soledad Phase IIIb drilling program. In January, Chakana Copper resumed its 15,000-meter drill program at the Soledad project. Prior to the holiday break, the company had completed 34 drill holes representing 6,634 meters at three targets: 1) Paloma East, 2) Paloma West, and 3) the Huancarama Breccia Complex. Following discoveries at Paloma East and Paloma West, the company has released results from the initial 10 drill holes from the eastern portion of Huancarama where the company has targeted five breccia pipes outcropping at surface. Scout drilling at Huancarama continues with the goal of further expanding the area of mineralization.
Impressive results. Results from the initial scout drilling on the eastern half of the Huancarama Breccia Complex confirmed a large, mineralized breccia with approximate dimensions of 100 meters by 50 meters. Holes SDH20-159 and SDH20-160 affirmed continuous mineralization with impressive zones of high-grade mineralization encountered in Hole SDH20-160. The western half of the breccia complex is ...
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*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.