Camino starts phase 2 drill program at Los Chapitos
2017-05-18 07:30 ET - News Release
Mr. Ken McNaughton reports
CAMINO PROVIDES PROJECT UPDATE ON LOS CHAPITOS PROJECT
Camino Minerals Corp. has started a phase 2 drill program at its Los Chapitos project, located in southern Peru.
The diamond drill arrived at the property on May 12 and began drilling a few days later. It is currently set up on pad No. 1 and is drilling a twin hole to CHR-002 which intersected 1.30 per cent copper over 106 metres, including 2.12 per cent copper over 38 m, with the hole ending in mineralization. Diamond drill hole DCH-001 is expected to drill through this mineralization and continue to a proposed depth of between 400 and 500 m. The plans for additional drilling on the Adriana zone will be finalized based on observations from this first hole.
The phase 2 program has been expanded and will now total at least 3,000 m of diamond drilling. Individual holes will range in length from 150 to 450 m. In an effort to accelerate the pace of the program, a second diamond drill has been contracted. This drill is expected to arrive before the end of May and will begin work testing the Katty zone. Drill results will be released as they become available.
In addition to the continuing drill program, a number of other field activities are planned over the coming months. Field crews will continue mapping and prospecting the property. Recent work has discovered an extension of the Lourdes zone, which is located two kilometres northwest of the Adriana zone. The magnetic survey grid will be expanded to cover the entire six kilometres of the eastern trend of mineralization. Finally, the area covered by an induced polarization survey will be extended to the southeast from the current grid over the Adriana and Katty zones across to cover both the Vicky and Pilar zones.
A summary presentation, including drill plans and sections, can be found on the company's website.
Kenneth C. McNaughton, MASc, PEng, is the qualified person (QP) responsible for the Chapitos project.
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.
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