Camino Reports Additional Diamond Drill Results From Los Chapitos Project
Selected drill highlights include:
- DCH-002 intersected 0.62% copper over 55.5 meters, including 2.00% copper over 9.00 meters;
- DCH-004 intersected 0.70% copper over 86.5 meters, including 1.11% copper over 15.0 meters and 1.42% copper over 15 meters; and
- DCH-004 also intersected 0.84% copper over 88.5 meters, including 2.12% copper over 16.5 meters.
There have been 7 diamond drill holes completed to date at the Adriana Zone. Assays are pending for the remaining four completed drill holes, which targeted the surface oxide mineralization below the discovery outcrop. The drill has been moved to the next pad as part of the plan to drill a series of fans of holes along the strike of the Diva Fault. These drill fans will better define the location of the Diva Fault and test the IP chargeability anomaly, located immediately to the south.
The second diamond drill continues to work at the Katty Zone where four holes have been completed to date. Assays are pending for this drilling and will be reported when available. Elsewhere on the project, additional geophysical work has been completed, which significantly expanded the magnetic survey as well as extended the IP coverage two kilometers to the southeast from the Adriana/Katty grid across to the Pilar and Vicky zones. This information is being modeled and will be used for planning additional drilling.
An updated drill section and summary presentation can be found on the company website at www.caminominerals.com.
Table 1: Selected Diamond Drill Results, (1,2)
Hole No. | Dip/ Azimuth | From (meters) | To (meters) | Interval (meters) | Total Copper (%) | Acid Soluble Copper (%) | Comments |
---|---|---|---|---|---|---|---|
Adriana Zone | |||||||
DCH-002 | 32.00 | 68.00 | 36.00 | 0.54 | 0.35 | ||
Incl. | 41.00 | 57.50 | 16.50 | 0.91 | 0.64 | ||
89.00 | 113.00 | 24.00 | 0.56 | 0.23 | |||
Incl. | 92.00 | 98.00 | 6.00 | 0.99 | 0.39 | ||
168.50 | 224.00 | 55.50 | 0.62 | 0.24 | |||
Incl. | 185.00 | 194.00 | 9.00 | 2.00 | 0.60 | ||
314.00 | 321.50 | 7.50 | 0.42 | 0.17 | |||
DCH-004 | 3.00 | 57.00 | 54.00 | 0.40 | 0.32 | ||
239.50 | 326.00 | 86.50 | 0.70 | 0.48 | |||
Incl. | 266.00 | 281.00 | 15.00 | 1.11 | 0.60 | ||
and | 291.50 | 306.50 | 15.00 | 1.42 | 1.25 | ||
418.50 | 507.00 | 88.50 | 0.84 | 0.19 | |||
Incl. | 445.50 | 484.50 | 39.00 | 1.46 | 0.28 | ||
or | 454.50 | 471.00 | 16.50 | 2.12 | 0.21 | ||
528.00 | 588.50 | 60.50 | 0.38 | 0.02 |
Kenneth C. McNaughton, M.A.Sc., P.Eng., is the Qualified Person (QP) responsible for the Chapitos project.
About Camino Minerals Corporation
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. For more information, please refer to Camino's website at www.caminominerals.com.
For further information and investor inquiries, contact:
Ken McNaughton President and Chief Executive Officer Phone (604) 566-8778 info@caminominerals.com http://www.caminominerals.com
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This News Release contains "forward-looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words "anticipates," "believes," "may," "continues," "estimates," "expects," and "will" and words of similar import, constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking information may include, but is not limited to, information with respect to our planned exploration activities, the adequacy of our financial resources, the estimation of mineral reserves and resources, the results of future exploration and drilling. Wherever possible, words such as "plans", "expects", "projects", "assumes", "budget", "strategy", "scheduled", "estimates", "forecasts", "anticipates", "believes", "intends", "targets" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information.
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