{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Chakana Copper (TSXV:PERU) - Drilling Points To Significant Copper Mineralization","html":"","width":"100%","height":180,"duration":737,"description":"Interview with David Kelley, President & CEO of Chakana Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/copper-explorers-aiming-to-fill-the-growing-supply-gap-5598Recording date: 3rd July 2024Chakana Copper, a junior exploration company, is making strides in its pursuit of a significant copper-gold discovery at the Soledad project in Ancash, Peru. Recent scout drilling results from the Mega-Gold target area have confirmed the presence of an extensive hydrothermal system, marking an important milestone in the company's exploration efforts.CEO David Kelley recently shared insights into the initial findings from the first three holes of an eight-hole program at Mega-Gold. While the market reaction to these results was initially negative due to the absence of immediate high-grade intercepts, Kelley emphasized the significance of the data collected, \"We've confirmed our initial thesis. This is a big hydrothermal system. We've got hundreds of meters of pervasive alteration, we're seeing sulfide concentrations up to 10-15%, we're seeing disseminated pyrite and pyrite in multiple different types of veins. Every single hole that we've drilled so far has chalcopyrite and molybdenite.\" These indicators suggest the potential for a substantial mineral system, with chalcopyrite and molybdenite in every hole drilled so far pointing towards significant copper mineralization.Investors should understand that early-stage exploration is an iterative process. As Kelley noted, \"Exploration is a tricky business. It's very, very, very rare that you come out and just drill your first hole, slam dunk, world-class tier-one discovery.\" Instead, the company is methodically gathering data to vector towards potentially higher-grade zones within the system.Chakana is employing advanced exploration techniques to maximize the value of their data. This includes hyperspectral core scanning, which allows for the three-dimensional modelling of mineral assemblages, helping to...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}