Chakana Copper Corp. is a Canadian based minerals exploration company and through its wholly owned Peruvian subsidiary, Chakana Resources S.A.C., is currently advancing the advanced Soledad copper-gold-silver project near Aija, Ancash in the highly prolific Miocene mineral belt of Peru.
David Kelley – Chief Executive Officer, President and Director
An economic geologist and exploration geochemist with more than 25 years of international exploration experience throughout the Americas, Central Asia and Australasia. Most recently David was responsible for developing the exploration program at Las Bambas for MMG as the General Manager Exploration – Americas. Prior to this he worked for Oz Minerals, Zinifex, Newmont, WMC, BHP, Westmont Mining and Gold Standard. He was directly involved in the discovery of the Zuun Mod Mo-Cu deposit in Mongolia, the Wayamaga Au deposit in French Guiana, and the High Lake East VHMS deposit in Nunavut. He obtained a B.Sc. degree in geology from Colorado State University in 1985 and an M.Sc. degree in geology/geochemistry from the Colorado School of Mines in 1989.
Michelle Borromeo: Manager, Corporate Communications – BSc
What is your rationale for attending 121 Mining Investment?
To gain exposure in the European market and attract new Institutional and Retail investment. Provide an update on the project advancements and the next milestones.
Potential raise coming up in early 2019.
What recent news would you like to highlight to investors attending?
October 18: Chakana Copper Releases Final Results of Infill Drilling at Breccia Pipe 1 and Provides Exploration Update, Intersects 102 M With 0.75% Copper, 3.77 g/t Gold and 55.9 g/t Silver (3.69% Cu_EQ, 5.65 g/t Au_EQ) From Surface in the Main Zone
September 11: Chakana Copper Confirms Deep Surface-Down Mineralization at Breccia Pipe 1 – Highlight Intersection of 439 m with 0.69% Copper, 1.45 g/t Gold and 50.5 g/t Silver (2.07% Cu_EQ, 3.16 g/t Au_EQ) From Surface.
July 16: Chakana Copper Expands Mineral Rights By 1,066 Hectares Acquiring Second Cluster Of Copper-Gold-Bearing Breccia Pipes
What are your key goals for the next 3, 6 and 12 months?
Approval of EIA-SD Permit,
Continue drilling BX6 and other targets, submit modification of EIA-SD, define exploration targets
Approval of modified EIA-SD permit allowing access to additional breccia pipes for drilling; metallurgical studies; continue resource drilling
Initial resource estimate on several breccia pipes
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Main challenges are poor market conditions and unstable copper and gold price as well as the market not having full understanding of tourmaline breccia pipes. We are continuing to focus on our operations on the ground and focusing on high priority targets while executing a strategic marketing plan.
In a sentence, what do you think makes your company such a compelling investment?
Chakana Copper has the right team, the right asset, in the right jurisdiction to deliver Peru’s next high grade copper-gold-silver deposit for someone to develop.