Interview with David Kelley, CEO of Chakana Copper (TSX-V: PERU)
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Chakana Copper Corp. is a Canadian based minerals exploration company and through its wholly owned Peruvian subsidiary, Chakana Resources S.A.C., is currently advancing the Soledad project near Aija, in the Ancash region of the highly prolific Miocene mineral belt of Peru.
The potential scale of the project is large and this team has the money (USD$6.6M) to move things forward. Copper is big for 2021, and Chakana Copper is an advanced explorer building their resource with potential to hand over to a Developer and mine builder.
The question is how many of the 23 known breccia pipes will they assess before handing over. Chakana is focused on testing the breccia pipes to determine if they host economic mineralization.
We talk to David Kelley on what success looks like for Chakana so that investors know when they can expect to see an exit strategy. We previously interviewed Chakana back in June '20 where we discussed their business plan.
Watch the previous interview outlining their business plan: https://youtu.be/0IzLbzuqbW0
- Company & Model Overview
- Start of the Drill Program: Process, Timelines, & Expectations
- The Process & Possibilities of Targeting Breccia Pipes
- Attracting Developers & Investment; Enough Scale?
- Negotiating Terms & Value for Shareholders
- Reasons for the Share Price Drop
- Q&A: Burn Rate & Financing; Private Placement Coming Soon?
Company page: https://www.chakanacopper.com/
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