Chakana Announces Appointment of Douglas Silver to the Board of Directors

Mr. Silver brings with him a long and storied career in the mining sector commencing in 1980 where he was an exploration geologist with Anaconda Minerals, during which he co-discovered the Silver Creek molybdenum deposit in Colorado.

In 2003 he co-founded International Royalty Corporation, a TSX-listed company, and served as Chairman and CEO as his team built IRC into the world’s fourth largest royalty company until the company was sold for C$749 million in 2010.

Mr. Silver founded the Denver Gold Group, one of the industries’ most significant gold investment conferences.

“I look forward to putting my geologist’s hat back on while also guiding this company forward.

Doug Kirwin stated: “My focus during the past several years has been the initial exploration potential at Soledad, which is now unfolding with multiple breccia pipe discoveries.

Douglas has had a very distinguished and successful career in the mining industry, as noted by his induction into the US National Mining Hall of Fame in 2018,” stated David Kelley, President and CEO.

The Company also announces that is has granted stock options to certain of its directors, officers, employees and consultants to purchase up to 3,600,000 common shares.

Chakana Copper Corp is a Canadian-based minerals exploration company that is currently advancing the Soledad Project located in the Ancash region of Peru, a highly favorable mining jurisdiction with supportive communities.

Forward looking statements or information relates to, among other things, the interpretation of the nature of the mineralization at the Soledad copper-gold-silver project , the potential to expand the mineralization, and to develop and grow a resource within the Project, the planning for further exploration work, the ability to de-risk the potential exploration targets, and our belief in the potential for mineralization within unexplored parts of the Project.

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