Soledad Project Highlights Include:

 

Resource definition holes at Breccia Pipe 1 ("Bx 1") completed; 62 drill holes totalling 17,936m

A total of 259 diamond core holes completed on the Soledad project to date for 60,225m

Additional resource definition drill results pending for Bx 5 and Huancarama

Gradient array and 3D induced polarization (IP) orientation surveys in progress
 

Vancouver, British Columbia--(September 7, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to provide results from the final seven resource definition holes drilled in Bx 1 totaling 2,474.65m from the Soledad project, Ancash, Peru (Table 1). Drilling continues as part of a fully funded 26,000m exploration and resource drilling program planned for 2021 (Fig. 1). These results will increase confidence in the initial resource estimate, anticipated at the end of 2021.

Soledad Project Highlights Include:

 

Huancarama East - 41m of 1.40 g/t Au, 1.24% Cu, and 79.5 g/t Ag (2.83% Cu-eq) from 112m depth;

Paloma West - 48.45m of 1.09 g/t Au, 0.84% Cu, and 39.6 g/t Ag (1.89% Cu-eq) starting at 20.3m depth;

Bx1 - 53m of 4.51 g/t Au, 1.22% Cu, and 55.5 g/t Ag (4.64% Cu-eq) starting at 40m depth; and 12m of 0.38 g/t Au, 27.39% Cu, and 967.7 g/t Ag (35.91% Cu-eq) starting at 140m depth;

Bx7 - 39m of 1.39 g/t Au, 0.13% Cu, and 50.4 g/t Ag (2.25 g/t Au-eq) starting at 211m depth.

 

Vancouver, British Columbia--(July 27, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to provide results from nine resource definition and exploration holes totaling 1,993.15m from the Soledad project, Ancash, Peru (Table 1). Drilling continues as part of a fully funded 26,000m exploration and resource drilling program planned for 2021 (Fig. 1). The Company will complete approximately 16,000m of resource definition drilling. These results will increase confidence in the initial resource estimate, anticipated in Q4 of 2021.

VACOUVER, BC  / June 30, 2021 / Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce that it has received its environmental permit from the Servicio Nacional de Geologia y Mineria for its Margarita iron-oxide-copper-gold project in northern Chile (Figure 1). The environmental permit allows Torq to drill from up to 39 drill platforms across the 1,045-hectare project area, which is centered on a 5 kilometre (km) by 6 km silica-clay hydrothermal alteration system that contains secondary copper oxide mineralization in historical drilling, with the primary target on the property being a copper sulphide source to the observed oxide mineralization (Figure 2) (see March 8, 2021 news release). The Company anticipates its first drill program at the project to commence during Q3, with an initial 4000 - 6000 metres planned.

 

A Message from Shawn Wallace, Executive Chairman & Director:

 

"We are very pleased to announce the receipt of our drill permit at Margarita. Our targeting work has made us very optimistic about the prospect of making a significant new discovery during the upcoming drill campaign, which is scheduled to commence near the end of Q3. This, coupled with ongoing assessment work in advance of drilling at the Andrea project, should be a very exciting period for all of our shareholders and stakeholders."

Vancouver, British Columbia--(June 28, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report assay results on four drill holes (TOM21-013 to -016) from the maiden drilling program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Drill holes TOM21-004 to -012 were completed at the Steffenburgs and Oscarsgruvan zones where drill core samples from these eight holes were batched together resulting in a longer turnaround time, and the Company expects these assay results will be released within the next two weeks.

 

Holes TOM21-013 to -016 were drilled below open pits where copper sulphides were historically extracted at the Gårdsgruvans zone in the southwest portion of the historic Tomtebo Mine. Of particular interest, holes TOM21-013 and -016 successfully intersected vein networks of copper-rich sulphides within strongly altered felsic volcanic rocks. These vein networks occur over intervals of approximately 50 m in both drill holes with sub-sections of higher grade copper mineralization highlighted below:

 

TOM21-013 intersected 8.65 m at 2.92% Cu and 0.43 g/t Au (76.65 to 85.30 m) including 7.05 m at 3.47% Cu and 0.52 g/t Au (77.45 to 84.50 m), and 5.15 m at 1.56% Cu and 0.32 g/t Au (191.30 to 196.45 m).

TOM21-016 intersected 17.2 m at 0.94% Cu and 0.28 g/t Au (191.6 to 208.8 m) including 3.0 m at 2.80% Cu and 1.21 g/t Au (201.1 to 204.1 m).