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Camino Minerals Corp.
Summary
| Project: | Los Chapitos | |
|---|---|---|
| Deposit: | Adriana Zone | |
| Location: | Peru | |
| Commodities: | Copper | |
| Date: | 8/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-8-2017: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Adriana Zone deposit at the Los Chapitos project. Drilling results incl. 52.5m @ 0.65% Cu from 23.5m. Camino Minerals Corporation ("Camino" or the "Company") (COR: TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kenneth C. McNaughton (Internal) | |
| ABSTRACT: | Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) is pleased to report results for the next four diamond drill holes completed on the Adriana Zone at its Los Chapitos Project (“Chapitos”), located in southern Peru. This drilling was designed to test below the copper oxide mineralization found in outcrop. All of the drill holes intersected multiple zones of copper oxide and sulphide mineralization starting at or near surface. This drilling confirms that the mineralization found on surface at Adriana measures at least 250 meters long, is up to 150 meters wide, and extends to a depth of at least 200 meters. It ranges in grade from 0.10% copper up to 4.75% copper, and is open at depth, to the west, and to the south. This portion of the Adriana Zone appears to be controlled by north-south trending structures that are dipping steeply to the west. Additional drilling is underway to test for extensions to this mineralization. Drilling continues testing the deeper oxide/sulphide mineralization intersected earlier in the program. A fan of four holes (DCH-012, DCH-016, DCH-019, and DCH-022) oriented at azimuth 230 degrees has been completed from Pad 2A, with two more holes being completed up-dip from these. Drilling has started on a second fan of holes from Pad 2A oriented at azimuth 205 degrees (DCH-024). Additional fans of drill holes are planned to test the over 400 meters of currently defined strike length of this mineralization, which remains open along strike and at depth. | |
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