Camino Reports Initial Drill Results from Katty Zone
Selected drill highlights include:
- DCH-005 intersected 0.72% copper over 27.2 meters, including 1.16% copper over 9.00 meters.
Step-out drilling will continue at the Katty Zone where four additional holes have been completed, and at the Adriana Zone where an additional five holes have been completed. Assays are pending for these outstanding drill holes and will be reported when available. Geophysical modeling of the expanded survey grids continues with an aim of finalizing drill targets to test the Pilar and Vicky areas located two kilometers to the southeast of the Katty Zone. Permit applications have been filed for a separate drill program on the Atajo Zone, located on the western side of the property.
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 Number | Dip/Azimuth (degrees) | From (meters) | To (meters) | Interval (meters) | Total Copper (%) | Acid Soluble Copper (%) |
---|---|---|---|---|---|---|
Katty Zone | ||||||
DCH-003 | -67/13 | 213.80 | 223.90 | 10.10 | 0.24 | 0.03 |
248.00 | 255.00 | 7.00 | 0.38 | 0.01 | ||
285.20 | 303.60 | 18.40 | 0.24 | 0.01 | ||
DCH-005 | -52/13 | 69.50 | 96.70 | 27.20 | 0.72 | 0.62 |
72.50 | 81.50 | 9.00 | 1.16 | 1.00 |
The Company also wishes to announce the resignation of Mr. Joe Ovsenek from the Board of Directors. Mr Ovsenek has resigned so he can focus exclusively on his position as President and CEO of Pretium Resources Inc. The Board wishes to thanks Mr Ovsenek for his all support and guidance over the past two years.
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
Cautionary Note Regarding Forward-Looking Statements and Information
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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