Mr. David Kelley reports

CHAKANA ANNOUNCES RETIREMENT OF DIRECTOR

Thomas (Tom) Wharton Jr. has retired from Chakana Copper Corp.'s board of directors, effective immediately. He is a founder of the company and served as a director for the past eight years.

Chakana president and chief executive officer David Kelley commented: "Tom was instrumental in the formation of Chakana Copper at the end of 2016, and has been an active and engaged director since 2018. The company is grateful for his service and wishes him the best in retirement."

About Chakana Copper Corp.

Chakana is a Canadian-based mineral exploration company that is currently advancing La Joya project located in the Ancash region of Peru, a highly favourable mining jurisdiction with supportive communities. La Joya has three well-defined target areas based on extensive multidisciplinary exploration: (1) precious metal mineralization at La Joya high-sulphidation epithermal zone; (2) mineralization related to the Mega-Gold intrusive centre; and (3) the Companero gold zone. In addition, Chakana owns a 1-per-cent net smelter royalty over the Soledad property in the active Aija-Ticapampa mining district (see news release dated Oct. 8, 2024). Chakana is also evaluating new opportunities.

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