# Chakana Drill Program to Test Mega-Gold, La Joya, and Estremadoyro Breccia - Soledad Project, Peru Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051 Original source: https://money.tmx.com/en/quote/PERU/news/7137520955430485/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad Publisher: tmx Original announcement: 2024-02-29T12:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Chakana Copper Corp. - Ticker: PERU - Exchange: TSX - Region: Ancash province, Peru - Primary commodity: Gold - Secondary commodities: Copper, Silver - Document categories: Drill results, Resource update - Extracted: 2026-08-21 10:56:43 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Chakana Copper Corp. has finalized plans for a 3,000m fully-funded drill program at the Soledad Project in Peru, targeting the Mega-Gold porphyry, La Joya HSE zone, and Estremadoyro breccia pipe. The announcement also restates the project's initial Inferred Resource estimates from early 2022. Reasoning: The company is announcing a significant 3,000m drill program targeting three distinct geological environments, supported by strong soil and rock sample anomalies. - Positive factor: large-scale drill program announced - Positive factor: multiple high-priority targets identified - Positive factor: fully-funded campaign Facts used in scoring: 12 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions a technical report prepared in accordance with NI 43-101 and a Qualified Person review. Evidence · text > technical report prepared in accordance with National Instrument 43-101, are available on Chakana's profile **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The project's resource is currently entirely in the Inferred category. Evidence · text > an Inferred Resource of 4.8 million tonnes ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (12) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-0) gold #### Identity - Commodity: gold - Ticker: PERU #### Geometry - Grade: 0.325 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Soil gold values reach up to 0.325 g/t over the Mega-Gold target. - Positive factor: anomalous soil values Evidence · text > Soil gold values over the vertical chargeability body reach up to 0.325 g/t. ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-1) silver #### Identity - Commodity: silver - Ticker: PERU #### Geometry - Grade: 1300 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Surface rock samples at La Joya show very high silver grades. - Positive factor: high-grade silver surface samples Evidence · text > Surface rock samples collected from the alteration zone have silver and gold values up to 1,300 g/t ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-2) gold #### Identity - Commodity: gold - Ticker: PERU #### Geometry - Grade: 0.36 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Surface rock samples at La Joya show gold values up to 0.36 g/t. - Positive factor: gold presence in surface samples Evidence · text > Surface rock samples collected from the alteration zone have silver and gold values up to 1,300 g/t and 0.36 g/t, respectively. ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-3) gold #### Identity - Commodity: gold - Ticker: PERU #### Geometry - Grade: 1.25 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Rock samples from Estremadoyro breccia report gold up to 1.25 g/t. - Positive factor: gold in breccia exposures Evidence · text > Rock samples from breccia exposures reported values up to 1.25 g/t gold ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-4) copper #### Identity - Commodity: copper - Ticker: PERU #### Geometry - Grade: 0.57 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Rock samples from Estremadoyro breccia report copper up to 0.57%. - Positive factor: copper in breccia exposures Evidence · text > Rock samples from breccia exposures reported values up to 1.25 g/t gold, 0.57% copper ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-5) silver #### Identity - Commodity: silver - Ticker: PERU #### Geometry - Grade: 37.6 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Rock samples from Estremadoyro breccia report silver up to 37.6 g/t. - Positive factor: silver in breccia exposures Evidence · text > Rock samples from breccia exposures reported values up to 1.25 g/t gold, 0.57% copper, and 37.6 g/t silver. ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-6) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Ticker: PERU #### Geometry - Grade: 0.72 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-02-23T00:00:00.000Z #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Restatement of the 2022 Inferred Resource for underground mining. - Negative factor: historical data Evidence · text > An initial mineral resource estimate for seven breccia pipes was announced in Q1 2022 \(see news release dated February 23, 2022\), with an Inferred Resource of 4.8 million tonnes grading 0.72 g/t gold ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-7) silver Historical result Needs review: historical\_restatement #### Identity - Commodity: silver - Ticker: PERU #### Geometry - Grade: 61 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-02-23T00:00:00.000Z #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Restatement of the 2022 Inferred Resource for underground mining. - Negative factor: historical data Evidence · text > Inferred Resource of 4.8 million tonnes grading 0.72 g/t gold, 61 g/t silver ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-8) copper Historical result Needs review: historical\_restatement #### Identity - Commodity: copper - Ticker: PERU #### Geometry - Grade: 0.97 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-02-23T00:00:00.000Z #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Restatement of the 2022 Inferred Resource for underground mining. - Negative factor: historical data Evidence · text > Inferred Resource of 4.8 million tonnes grading 0.72 g/t gold, 61 g/t silver and 0.97% copper ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-9) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Ticker: PERU #### Geometry - Grade: 1.29 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-02-23T00:00:00.000Z #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Restatement of the 2022 Inferred Resource for open pit mining. - Negative factor: historical data Evidence · text > plus an additional Inferred Resource of 1.9 million tonnes grading 1.29 g/t gold ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-10) silver Historical result Needs review: historical\_restatement #### Identity - Commodity: silver - Ticker: PERU #### Geometry - Grade: 37.1 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-02-23T00:00:00.000Z #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Restatement of the 2022 Inferred Resource for open pit mining. - Negative factor: historical data Evidence · text > 1.9 million tonnes grading 1.29 g/t gold, 37.1 g/t silver ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/chakana-drill-program-to-test-mega-gold-la-joya-and-estremadoyro-breccia-soledad--d6c34a64-b095-4ccb-acfc-7966a860d051#fact-drill-facts-11) copper Historical result Needs review: historical\_restatement #### Identity - Commodity: copper - Ticker: PERU #### Geometry - Grade: 0.65 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-02-23T00:00:00.000Z #### Dates - Event date: 2024-02-29T00:00:00.000Z Reasoning: Restatement of the 2022 Inferred Resource for open pit mining. - Negative factor: historical data Evidence · text > 1.9 million tonnes grading 1.29 g/t gold, 37.1 g/t silver and 0.65% copper ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.