CruxCasts

Chakana Copper (PERU) - Long-Awaited Permit could be Significant Catalyst for Value Creation

July 7, 2020

Interview with David Kelley, CEO of Chakana Copper (TSX-V:PERU)

Chakana Copper Corp. is a single-asset Canadian-based copper-gold-silver advanced exploration company that excited investors at first, but a protracted Peruvian permitting process has caused a gradually declining share price and invoked frustrated investor sentiment.

Kelley says the permit will finally be over the line in 4-6 weeks, and a 15,000m drill programme on breccia pipes could be a key value-creating catalyst. A larger porphyry system may lie beneath. Investors will certainly be hoping so. The copper-gold-silver grades are highly impressive, and the company is aiming for a resource size of 10Mt.

We'll be watching closely to see if Kelley delivers on the long-awaited permits in a few weeks. He'll be hoping the stock sees an uptick in price because copper-gold-silver investors could well be bored of this story by now.

Company Page: https://www.chakanacopper.com/

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