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Camino Minerals Corp.
Summary
| Project: | Los Chapitos | |
|---|---|---|
| Deposit: | Los Chapitos | |
| Location: | Peru | |
| Commodities: | Copper | |
| Date: | 4/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-4-2018: Camino Minerals Corp. announces an Exploration/Drilling Update report for its Los Chapitos deposit at the Los Chapitos project. Technical report summarizing exploration completed on property. Camino Minerals Corporation (“Camino” or the “Company | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Burga (P&E Mining Consultants Inc.) | |
| ABSTRACT: | Camino Minerals Corporation (“Camino” or the “Company”) retained P&E Mining Consultants Inc. (“P&E”) to complete an independent National Instrument 43-101 (“NI 43-101”) compliant Technical Report on the geology and exploration of the Los Chapitos Property (the “Property”), located in the Arequipa Region of Peru. The Los Chapitos Property is approximately 620 km south-southeast of Lima, Peru and covers approximately 11,800 hectares (118 km2 ) and consists of twenty-one contiguous concessions. The Company, through its affiliate Camino Resources S.A.C., owns, or has option agreements in place to acquire, 100% of the Los Chapitos Property with an approximate center of 8,264,000m N and 574,000m E (UTM WGS 84, Zone 18S). All concessions are in good standing as of the effective date of this Technical Report. The Los Chapitos Copper-Oxide Property is located along the margins of two parallel geological belts extending along the Peruvian coast from Lima to southern Peru. The immediate Coastal Belt hosts numerous mineral occurrences characterized as iron-oxide copper-gold (IOCG) deposits. Parallel and adjacent to this IOCG belt, is the Cretacoeus Coastal Batholith Complex. These plutonic rocks form batholiths that host mesothermal gold, copper and lead-zinc vein systems. The Los Chapitos Property lies on the junction of these two metallogenic belts, 15 to 20 km inland from the Pacific coast. | |
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