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Project: | Los Chapitos | |
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Deposit: | Adriana Zone | |
Location: | Peru | |
Commodities: | Copper | |
Date: | 5/24/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 24-5-2018: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Adriana Zone deposit at the Los Chapitos project. Drilling results incl. 21.60m @ 0.43% Cu from 257.80m. Camino Minerals Corporation (“Camino” or the “Company”) (COR: | |
Resources: | x | |
CP/QP: | [Overall Report]: Kenneth McNaughton (Internal) | |
ABSTRACT: | Camino Minerals Corporation (“Camino” or the “Company”) (COR: TSX-V) is pleased to report results for the four southeast step out diamond drill holes completed as part of the 2018 drill program on the Adriana Zone (“Adriana”) at its Los Chapitos copper project (“Chapitos”), located in southern Peru. This drilling has now defined the Adriana mineral system for over 1,000 meters while the Diva Structure has been mapped on surface for over six kilometers. Ongoing work suggests that copper mineralization, such as the Adriana and Katty Zones, can potentially be found anywhere along its length. Holes DCH-059 through DCH-062 were drilled as step out holes targeting the southeast extension of Adriana. Holes DCH-060 and DCH-062 were drilled to test mineralization found as a result of the earlier soil sampling program. All four holes intersected the Diva Structure which is interpreted to be the feeder zone for Adriana. The drill program was completed in early May and assays for the three remaining holes will be released when available. A total of 17,500 meters of diamond drilling has been completed to date on the project. Kenneth McNaughton, President and CEO, said, “Our work to date has looked at less than ten percent of the project so the Company will now focus on evaluating the rest of the property before resuming drilling. We continue to make new discoveries on a regular basis. For example, new copper mineralization was found along a 100-meter road cut south of the collars of holes DCH-060 and DCH-061. This new mineralization was first identified by soil sampling and subsequent prospecting. Soil sampling is providing growing evidence that Chapitos has excellent potential to host several significant copper deposits.” | |
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