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Camino Minerals Corp.
Summary
| Project: | Los Chapitos | |
|---|---|---|
| Deposit: | Adriana Zone | |
| Location: | Peru | |
| Commodities: | Copper | |
| Date: | 10/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-10-2017: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Adriana Zone deposit at the Los Chapitos project. Drilling results incl. 82.5m @ 1.31% Cu from 226m. Camino Minerals Corporation (“Camino” or the “Company”) (COR: TSX | |
| 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 eight diamond drill holes completed on the Adriana Zone at its Los Chapitos Project (“Chapitos”), located in southern Peru. Drill holes DCH-024 and DCH-034 were approximately 100 meter step out holes to the southeast and northwest respectively from hole DCH-012, which intersected 0.93% copper over 96.5 meters, including 2.03% copper over 19.5 meters and 5.01% copper over 4.5 meters. The most recent drilling continues to add to our understanding of the structural and lithological controls of the copper mineralization at Chapitos. The current interpretation suggests the block of very high-grade mineralization formed at the intersection of the feeder structure and a bed of brecciated volcaniclastic. This highgrade mineralization remains open along strike in both directions. Drilling elsewhere on the Adriana Zone continues to confirm the earlier results and extends the mineralization. Holes DCH-028 and DCH-030 confirmed that the mineralization below the discovery outcrop extends to depth and is dipping steeply to the west. Holes DCH-026, DCH-029, and DCH-031, along with hole DCH-024 (all drilled on the Section 205 from Pad-2A), have expanded the zone of bulk tonnage style mineralization, within which is hosted zones of higher grade mineralization. The drilling to date is beginning to outline a substantial body of copper mineralization that currently measures over 400 meters by 150 meters which is open at depth and in both directions along trend. | |
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