Chakana Copper Corp. provided this update on the Soledad project, located in the Ancash Province of Peru within the Miocene mineral belt. Soledad is a high-grade copper-gold-silver discovery hosted in tourmaline breccia pipes in the active Aija-Ticapampa mining district with an initial inferred resource published First Quarter 2022.

The Soledad mineral system is defined by hydrothermal alteration and outcropping tourmaline breccias within a surface area of 12 square kilometers. Eight exploration holes totaling 2,144m were completed on new targets on the north half of the project (north of the main quebrada) where the company is fully permitted for exploration drilling. The objective of the program was to test different target types than had been previously drilled by Chakana, which was principally focused on mineralized tourmaline breccia pipes that crop out at surface.

The different target types include hydrothermal breccias (generally lacking tourmaline), vein breccias, intrusion-related mineralization, and areas with advanced argillic alteration.