Company Interviews

Chakana Copper (TSXV:PERU) - Financing Ready & Ready to Drill


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Interview with David Kelley, President & CEO of Chakana Copper Corp.

Our previous interview: https://www.cruxinvestor.com/posts/chakana-copper-tsx-vperu-new-permit-gives-access-to-more-tier-1-targets-4387

Recording date: 14th December 2023

Chakana Copper offers investors high-grade copper-gold-silver exposure through systematic exploration at the promising Soledad project in central Peru. Still under the radar with a modest $15M market capitalization, the up-and-coming junior explorer boasts huge upside as they methodically unlock value.

Chakana has already delivered exceptional drill results at Soledad. Mineralization starts at surface, with intercepts including 13.4m at 5.6 g/t Au, 128.9 g/t Ag & 6.1% Cu and 2.8m at 12.8 g/t Au, 459 g/t Ag & 7.7% Cu. Yet these spectacular grades merely scratch the surface of a potentially massive mineralized system. Only 50-100 breccia pipes have been identified thus far, out of an estimated several hundred across the property. With just 15,000m drilled, focused exclusively in the north, substantial exploration upside remains.

The ultimate prize lies to the south, where Chakana has now secured permitting. A large 2 x 2.5km gold-in-soil anomaly corresponds to their conceptual porphyry target and the interpreted source region for the breccia pipes. This high priority area exhibits supportive geology/geophysics and remains completely untested by drilling to date.

An oversubscribed $3M financing, backed by major miner Goldfields, funds Chakana’s treasury for this much anticipated drill campaign. Goldfields' consistent cornerstone support provides expert third-party validation. Set to launch in March 2024, this fully funded drill program offers a potential game changing opportunity for savvy investors to position early.

While very much still in the exploration stage, Chakana delivers world class discovery potential in a prime jurisdiction with key infrastructure readily available nearby. The current share price fails to account for the remarkable grades already in hand and vast untapped upside at Soledad. As systematic exploration continues unlocking further value, Chakana merits consideration for speculative investors comfortable with inherent exploration risks. Upside re-rating potential will grow as they transition towards initial resource estimates. Keep Chakana Copper on your radar ahead of drill results from the high potential southern target in the coming months.

Learn more: https://cruxinvestor.com/companies/chakana-copper

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