Company Overview

Chakana Copper Corp. is a Canadian-based mineral exploration company focused on the discovery and development of copper, gold, and silver resources. The company operates within the mineral exploration and mining industry, with a primary emphasis on early- to mid-stage exploration assets in Peru, a globally significant copper-producing jurisdiction. Chakana Copper’s strategy centers on identifying high-grade mineral systems with district-scale potential, rather than near-term production.

The company’s principal asset is the Soledad Project, which hosts multiple mineralized breccia pipes containing copper, gold, and silver. Chakana Copper is positioned as a technically driven exploration company, leveraging detailed geological modeling and advanced exploration techniques to delineate high-grade zones. The company was originally formed as an exploration spin-out and has evolved from a gold-focused explorer into a copper-focused company in response to shifting global demand and favorable long-term copper market fundamentals.

Business Operations

Chakana Copper’s operations are organized around a single primary business segment: mineral exploration and evaluation. The company does not currently generate operating revenue and is funded through equity financing to support drilling, geological analysis, and project advancement. Its activities include surface mapping, geophysics, core drilling, metallurgical testing, and resource modeling.

All active operations are conducted through its Peruvian subsidiaries, which hold the mineral concessions and manage in-country exploration programs. The company controls exploration rights to multiple breccia bodies within the Soledad Project, which are interpreted as part of a larger mineralized system. Chakana Copper does not currently report any producing assets, joint venture production arrangements, or royalty income streams.

Strategic Position & Investments

Chakana Copper’s strategic direction is focused on advancing the Soledad Project toward resource definition while maintaining optionality for strategic partnerships or future development transactions. Growth initiatives primarily involve systematic drilling to expand known mineralization and test new breccia targets within the broader land package.

The company has historically pursued selective acquisitions of mineral concessions contiguous to its core project area to consolidate district-scale control. Chakana Copper has not disclosed ownership of downstream processing assets or investments outside mineral exploration. Its exposure to copper-focused exploration, combined with high-grade gold and silver credits, positions the company to benefit from electrification and energy-transition-related copper demand, though development timelines remain subject to exploration success and market conditions.

Geographic Footprint

Chakana Copper’s operational footprint is concentrated entirely in Peru, specifically in the Ancash Region of the central Andes. The Soledad Project is located at high elevation in a well-established mining belt with existing infrastructure and a skilled local workforce.

Corporate functions are managed from Canada, where the company is listed on the TSX Venture Exchange under the symbol PERU.V. While the company does not currently operate outside Peru, its strategic relevance is tied to Peru’s role as a major global copper jurisdiction, providing international exposure through a single-country operational focus.

Leadership & Governance

Chakana Copper is led by an executive team with experience in mineral exploration, geology, and capital markets. The leadership emphasizes technical rigor, disciplined capital allocation, and shareholder value creation through discovery-driven growth.

Key executives include:

• Douglas Silverman – President & Chief Executive Officer
• Peter Hawkins – Chief Financial Officer
• David Kelley – Vice President, Exploration
• Carlos Coloma – Country Manager, Peru

The board and management team collectively guide corporate strategy, exploration priorities, and governance, with an emphasis on responsible exploration practices and regulatory compliance in Peru.