(02-09-2024) Chakana Copper Corp. (TSX-V: PERU; OTCQB: CHKKF; FRA: 1ZX), Vancouver, exploration company focused on its Soledad gold project located in the Ancash region, announced the confirmation of a 700m alteration system at the La Joya prospect, with advanced argillic alteration and vuggy silica.
An internal review of all exploration activities completed to date by the Chakana team strongly recommends further drilling at La Joya and Mega-Gold. All results reported here are within concessions under option by Minera Barrick Perú S.A.
Key Highlights:
- High-grade near-surface silver mineralization intersected at La Joya with 1,005 g/t Ag and 0.45 g/t Au over 0.75m within 4.5m of 323.6 g/t Ag and 0.25 g/t Au from 58m.
- Additional results from the remaining five exploration drill holes at Mega-Gold confirm a large zoned alteration system with anomalous geochemistry indicative of a prospective porphyry environment.
- Hyperspectral core scanning results confirm high-level alteration systems at La Joya and Mega-Gold with depth discovery potential.
- The 2024 drilling program delivered high-grade results from the Estremadoyro breccia pipe and the La Joya high-sulfidation epithermal system, while confirming a large prospective mineral system at Mega-Gold across the broader Soledad project.