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Camino Minerals Corp.
Summary
| Project: | Los Chapitos | |
|---|---|---|
| Deposit: | Adriana Zone | |
| Location: | Peru | |
| Commodities: | Copper | |
| Date: | 1/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-1-2018: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Adriana Zone deposit at the Los Chapitos project. Drilling results incl. 59.5m @ 0.4% Cu from 79.5m. 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 the final three diamond drill holes completed as part of the 2017 drill program on the Adriana Zone (“Adriana”) at its Los Chapitos Project (“Chapitos”), located in southern Peru. Holes DCH-054, DCH-056, and DCH-057 were drilled as step out holes targeting the shallow oxide copper mineralization on the southeast extension of Adriana. These holes intersected oxide mineralization further north than expected which was likely the result of the increased brecciation related to the Carlotta cross structure [see slide 13 of accompanying presentation]. Hole DCH-054 was extended to depth and intersected the Diva Structure about 100 meters southeast from holes DCH-048, and DCH-049. This intersection was relatively deep in a tuffaceous horizon and is interpreted to be similar to the intersection in hole DCH-016 [see slide 16 of accompanying presentation] which undercut over 200 meters of high grade mineralization. The Adriana Zone now measures over 600 meters along trend, up to 200 meters north from the Diva Structure, over 350 meters deep and is open in both directions along trend and to depth. At the Vicky Zone, hole DCH-051 tested a peripheral target to the south of the main zone, and hole DCH-055 targeted a strong geophysical anomaly but was stopped in a fault zone well short of the anomaly. Neither hole intersected any significant mineralization. Additional drilling is planned for this zone. | |
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