Chakana Copper

What Chakana Copper does

Chakana Copper Corp. is a Canadian-domiciled, Vancouver-headquartered minerals exploration company focused on the discovery and advancement of copper-gold-silver projects in Peru's Miocene mineral belt. The company was established in 2017 through the reverse takeover of Remo Resources and trades publicly on the TSX Venture Exchange (PERU), OTCQB (CHKKF), and Frankfurt Stock Exchange (1ZX0). Its core asset is the La Joya Project in the Ancash region, which holds 100% ownership following the June 2026 acquisition of the Libelula concessions from Minera Barrick Peru S.A.; three priority targets — Mega-Gold, La Joya HSE, and Compañero — are queued for follow-up drilling. The company retains a historical interest in the Soledad project via a 1% NSR royalty, and runs an active "New Opportunities" pipeline evaluating prospects across the Americas.

Chakana's exploration methodology centers on systematic surface work (geologic and alteration mapping, rock and soil geochemistry, and geophysical surveys including downhole electromagnetic and time-domain EM) to identify and rank tourmaline breccia pipe targets, followed by diamond drilling. Across Soledad the company has completed 25,211 metres of diamond drilling and confirmed 17+ mineralized breccia pipes, with highlights including a 439m intercept of 0.69% Cu, 1.45 g/t Au and 50.5 g/t Ag at Bx 1 and a 1,283.2 g/t Ag intercept over 22.8m at Bx 6. The La Joya project spans high-sulfidation epithermal, intrusive-related gold, and gold-zone targets, broadening the geological thesis beyond breccia pipes.

The business is pre-revenue: Chakana generates no production income and funds operations entirely through equity issuances (cumulative ~C$27.25M across rounds in 2017, 2018, 2019, and 2025). Strategic shareholders include Gold Fields (approximately 19.9% after participation-right exercises), EMR Capital (10.5% non-diluted post-September 2025, with board nomination and anti-dilution rights), and Barrick Peru (8% following the La Joya acquisition consideration). Future cash flows would derive from project development, sale or partnership with a producing mining company, or royalty arrangements. Marketing is investor-relations-led via the corporate website, SEDAR-filed news releases, conference presentations, and a European communications consultancy. The company carries 11-50 employees across its Vancouver headquarters and Peruvian operating subsidiary Chakana Resources S.A.C.

Name

Chakana Copper

Legal name

Chakana Copper Corp.

Website

https://chakanacopper.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Chakana Copper Corp. is a Vancouver-based, TSX-V-listed minerals exploration company focused on discovering and advancing copper-gold-silver projects in Peru's Ancash region. It operates pre-revenue, with its core asset being the La Joya Project (acquired from Barrick) and historical drilling at Soledad.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230)

SIC

Miscellaneous Metal Ores (1090)

akta.pro primary industry

Copper Exploration & Resource Development (IMAKADAA)

akta.pro secondary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Mineral exploration services
• Copper-gold-silver mining
• Critical minerals exploration
• Diamond drilling programs
• Mining project development

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Pre-Revenue Exploration Stage: Chakana Copper is a pre-revenue minerals exploration company. The company does not currently generate revenue from production. Future revenue would come from either developing projects to production, selling or partnering projects with larger mining companies, or royalty arrangements.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Chakana Copper is a pre-revenue minerals exploration company that acquires, explores, and advances copper-gold-silver mineral projects toward economic resource status. Its primary asset is the La Joya Project in Peru's Ancash region, with three principal target areas (La Joya HSE, Mega-Gold, and Compañero), supplemented by a retained 1% NSR royalty on the historical Soledad project and ongoing evaluation of new opportunities in the Americas.

Product overview

Chakana Copper Corp. is a minerals exploration company operating as a unified portfolio of copper-gold-silver exploration projects. The core offering is the La Joya Project in Peru's Ancash region, featuring three identified target areas (La Joya HSE, Mega-Gold, and Compañero). The company also maintains a 1% NSR royalty on the Soledad Project, evaluates new opportunities in the Americas, and provides a project submission platform. Exploration activities include diamond drilling programs, geophysical surveys (downhole EM, surface time-domain EM), and systematic surface sampling to identify and test mineralized breccia pipe targets.

Differentiator

Problem solved

Functional benefit

Products and services

• La Joya Project Advanced high-grade copper-gold-silver exploration project located near Aija in the Ancash region of Peru's Miocene mineral belt. Contains three principal target areas: La Joya (HSE) high-sulfidation epithermal zone, Mega-Gold intrusive center, and Compañero gold zone.
• Soledad Project (1% NSR Royalty)

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Minera Barrick Peru S.A.coreStrategic or Co-development Partner · 27 April 2026Chakana acquired 100% ownership of the Libelula concessions from Minera Barrick Peru S.A., comprising the majority of the La Joya Project in Ancash, Peru. As consideration, Chakana issued 4,130,312 shares (8% of post-issuance shares) plus a 2% Net Smelter Royalty to Barrick. Barrick became a shareholder in Chakana.
• Condor Resources Inc.coreStrategic or Co-development Partner · 19 March 2019Chakana held a 100% option agreement with Condor Resources for the Soledad project. Chakana purchased a 1% NSR royalty on Soledad from Condor's subsidiary for US$565,000, reducing Condor's future NSR from 2% to 1%. The royalty covers Condor's mining concessions and a 2-kilometer area of interest.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Condor Resources Inc. Condor Resources is a Peru-focused exploration company that held the original option agreement on the Soledad project later transferred to Chakana. Directly comparable as a small-cap copper-gold-silver explorer operating in the same Ancash region of Peru.
• Solaris Resources: Solaris is a copper-gold exploration company advancing the Warintza project in Ecuador. Comparable as an Americas-focused, mid-stage copper explorer with strategic investor backing seeking tier-one porphyry copper assets.
• Filo Mining: Filo Mining is a copper-gold-silver exploration company advancing the Filo del Sol project in Argentina/Chile. Highly comparable as a copper-focused explorer in South America with high-grade drill results and similar development stage.
• Tinka Resources: Tinka Resources is a Peru-focused exploration company advancing the Ayawilca zinc-silver project. Comparable as a small-cap exploration-stage miner operating in the same Ancash region of Peru with similar scale and capital structure.
• Regulus Resources: Regulus Resources is a copper-gold exploration company advancing the AntaKori project in Peru. Comparable as a Peru-focused copper-gold explorer in similar stage of advancement with similar strategic investor profile.

Broad incumbents

• Barrick Gold Corporation: Barrick is one of the world's largest gold and copper miners with major Peruvian operations including Pierina mine near Chakana's Soledad project. Comparable as a broad incumbent in Peruvian mining and as a direct counterparty/strategic shareholder in Chakana.
• Gold Fields Limited: Gold Fields is a major global gold producer holding a 19.9% strategic stake in Chakana. Comparable as a senior gold/copper miner and as the company's largest strategic shareholder validating the exploration portfolio.
• Hudbay Minerals: Hudbay Minerals is a copper-focused mid-tier producer with operations and exploration projects in the Americas. Comparable as an established copper miner that could be a potential acquirer of Chakana's assets at development stage.
• First Quantum Minerals: First Quantum is a major global copper miner with significant operations in Peru (including Cobre Panamá-adjacent and Peruvian projects). Comparable as a tier-one copper miner with potential interest in acquiring high-grade Peruvian copper assets.

Others

• EMR Capital: EMR Capital is a natural resources-focused private equity firm holding 10.5% of Chakana with anti-dilution and board nomination rights. Comparable as a resource-focused PE investor backing pre-development mining assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ChakanaCopper

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chakana Copper