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Camino Minerals Corp (2)
Symbol COR
Shares Issued 57,523,980
Close 2018-04-03 C$ 0.33
Market Cap C$ 18,982,913
Recent Sedar Documents

Camino begins drilling at Los Chapitos

2018-04-04 02:37 ET - News Release

Mr. Kenneth McNaughton reports

CAMINO STARTS STEP OUT DRILLING AT LOS CHAPITOS AND FILES NI 43-101 TECHNICAL REPORT

Camino Minerals Corp. has completed and filed on SEDAR an updated National Instrument 43-101 technical report for its Los Chapitos project, located in southern Peru. The report was written by David Burga, PGeo, who is an independent qualified person and is an associate of P&E Mining Consultants Inc.

The report summarizes the fieldwork completed to the end of 2017, including the results from the 16,000 metres of diamond drilling. It concludes that a substantial amount of follow-up drilling is recommended for stepout and infill drilling on the Adriana zone and Katty zone, as well as follow-up work on the other regional targets on the property.

The recently completed soil survey has confirmed the potential to expand Adriana. The survey has also identified a new area called the Maria zone, which starts about 800 metres southeast of Katty and extends a further 800 metres along strike. This new anomaly is in an area which has very little outcrop and has not previously been examined. The results of the 2018 soil survey and updated Adriana geology drill sections are shown in the presentation on the company website.

Kenneth McNaughton, president and chief executive officer, said: "Prospecting, along the Maria Ridge, has found high-grade copper mineralization in a series of narrow shears, which are interpreted to be the southeast extension of the Diva structure. Prospecting has also found mineralization between Adriana and Katty that is following a north-south zone that intersects the Diva structure. We remain very encouraged by the exploration potential at Chapitos based on the number of new copper showings that we have discovered along with the size and intensity of the alteration system."

A diamond drill has been mobilized to the property, and the first stepout hole completed 100 metres northwest of Adriana. The drill has been moved and will now complete stepout holes to the southeast between Adriana and Katty. Additional drilling will be planned based on the results of these first holes and from the surface evaluation of Maria. Assays will be released as they become available.

Kenneth C. McNaughton, MASc, PEng, the president and chief executive officer of the company, is a qualified person (QP) and is responsible for the Los Chapitos project exploration program.

About Camino Minerals Corp.

Camino is a discovery-oriented mineral exploration company. The company is focused on the acquisition and development of high-grade copper and precious metal projects.

We seek Safe Harbor.

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