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Camino Minerals Corp.
Summary
| Project: | Los Chapitos | |
|---|---|---|
| Deposit: | Los Chapitos | |
| Location: | Peru | |
| Commodities: | Copper-Silver | |
| Date: | 4/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-4-2017: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Los Chapitos deposit at the Los Chapitos project. Drilling results incl. 44m @ 0.86% Cu from 140m. Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V | |
| 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 remaining three RC drill holes completed at its Los Chapitos Project (“Chapitos”), located in southern Peru. All three holes extended the oxide mineralization along strike or at depth. Hole CHR-004, intersected the same magnetite rich zone as in hole CHR-002; however, reached the maximum depth limits of the drill while still in the magnetite rich zone and did not test the projected horizon of the host rocks for the sulphide mineralization in hole CHR-002. All of the RC drill holes experienced significant deviations with drill cutting returns averaging 70% over the full length of the holes. As a result, the decision was made to contract a diamond drill to complete the Phase 1 program, which is scheduled to begin in early May. Additional diamond drilling will be planned to test for extensions of the Adriana mineralization and to complete the initial test of the high grade Katty Zone, located one kilometer southeast of Adriana. | |
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