Categories: Base Metals / General Market Commentary
Topics: General Base Metals / General Market Commentary

Chakana Copper Town Hall Meeting

For those who missed the live event, this is a recording of Chakana Copper's recent investor update Town Hall webinar originally held on October 6th, 2020. During the webinar, Chakana's President & CEO David Kelley reviews the investment thesis for the company, highlighting its favourable location near infrastructure in a mining-friendly jurisdiction in Peru, experienced management team, strong capital structure as well as their success to date in drilling high grade copper, gold and silver mineralization in multiple breccia pipes. David then goes on to review some of the company's initial results from its planned 15,000 m 2020 drill program, which at the time of writing only involves results from the Paloma East target. These initial holes have already intersected notable intercepts, including Hole 20-137 which remained in tourmaline breccia mineralization well outside of the predicted halo of Paloma East and ended in mineralization directly underneath the Paloma West target, showing that these two breccia pipes are connected below surface. Following David's presentation, David takes questions from the audience, discussing topics such as plans for an eventual mineral resource estimate, future financing plans and details around the current drill program.

Chakana Copper is a Canadian-based minerals exploration company that is currently advancing the expanded Soledad copper-gold-silver project in the Ancash region of the highly prolific Miocene mineral belt of Peru. The Soledad project consists of high-grade copper-gold-silver mineralization hosted in tourmaline breccia pipes. The company recently initiated a 15,000 m drill program targeting their Paloma East, Paloma West and Huancarama breccia pipe targets. The drill program will involve both scout drilling to identify the general outline of the targets and the highest grade areas, as well as infill and definition drilling on the most prospective zones.

Chakana Copper currently trades on the Toronto Venture Exchange under the symbol PERU, on the OTCQB marketplace under the symbol CHKKF, and on the Frankfurt Exchange under the symbol 1ZX. For more information, you can visit their website at https://www.chakanacopper.com/