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Camino Minerals Corp.
Summary
| Project: | Los Chapitos | |
|---|---|---|
| Deposit: | Atajo | |
| Location: | Peru | |
| Commodities: | Copper | |
| Date: | 12/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-12-2017: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Atajo deposit at the Los Chapitos project. Drilling results incl. 16.3m @ 0.83% Total Cu from 28.5m. 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 first eight diamond drill holes completed on the Atajo Zone (“Atajo”) at its Los Chapitos Project (“Chapitos”), located in southern Peru. Drill holes DCH-041 through DCH-046 were drilled to test for mineralization below the central and northern portions of the Atajo Zone. All six of these holes intersected a broad zone of a coarse tectonic breccia that was locally cemented with copper oxide mineralization grading up to 6.31% copper over 1.0 meters. The zone has been intruded by late stage dikes which are barren of any mineralization. This style of mineralization is very similar to the Katty Zone, located 2 kilometers southeast of Adriana. Holes DCH-047 and DCH-050 tested the southern extension of Atajo and intersected the tectonic breccia but did not contain any significant copper values. Hole DCH-047 intersected a parallel zone with low grade values which had been located as part of the mapping program. The drilling at Atajo has successfully outlined two mineral trends within the tectonic breccia that measures approximately 250 meters long, varies from 12 to 50 meters wide, and is open to the north and at depth. Future work contemplates the completion of an IP geophysical survey and additional drilling to further delineate the existing mineralization and potentially locate its source. | |
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