CHAKANA COPPER
(TSX.V: PERU : OTC: CHKKF)
President and CEO David Kelley stated: This is a significant development in the understanding of mineralization around Bx 5. The orientation of the breccia zone plunges to the north and is open at depth. While previous drill results on Bx 5 were favorable, this new zone has higher grades and has mineralized margin zones, something we have not seen since drilling at Bx 1. It may indicate that this new zone is a separate blind breccia pipe that intersects the breccia pipe that crops out at surface. Alternatively, we could be seeing zoning to higher grade copper with depth”
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