Interview with David Kelley, CEO of Chakana Copper Corp. (TSX-V: PERU)
Our previous interview: [ Ссылка ]
Recording date: 10th May 2023
Chakana Copper, an exploration company focused on high-grade copper-gold-silver discovery in Peru, made a significant breakthrough in 2017. They published a resource report in January 2022, revealing the presence of 191,000 ounces of gold, 130 million pounds of copper, and 11.7 billion ounces of silver. This initial resource estimate is just the beginning, as Chakana Copper aims to expand their exploration efforts to the South. They have identified two large bulk tonnage targets, including the "mega gold target" and a high sulfonation epithermal zone. With geophysical, mapping, and geochemical data supporting their findings, the company is excited about the potential of these areas.
Amidst the mining conference in Lima, Chakana Copper had the opportunity to present their project and engage with other mining companies, including major players in Peru. The conference, focused on geological discussions, allowed Chakana Copper to showcase the quality of their resource and discuss their future plans. They emphasized their strategic investor, Gold Fields, who has already invested $12 million in the project. Chakana Copper is on the verge of receiving a permit that would allow them to explore the South side of their project, targeting the identified volcanic targets and additional high-grade retro pipes. Despite previous political uncertainties in Peru, the company believes the worst is over and sees a bright future ahead for mining in the country.
0:00 - Company overview
1:27 - Updates from the proEXPLO Conference 2023
2:41 - Mission of Chakana Copper in the proEXPLO Conference 2023
4:47 - Perspective on the changes in the Peruvian Government
7:31 - Showing the high-grade samples from the company’s assets
10:08 - Possible drivers of success in 2023
12:17 - Target drilling meters and goals in 2023
15:45 - Outro
—
Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today.
Learn more: [ Ссылка ]
Sign up for Crux Investor: [ Ссылка ]
