Camino drills 17.8 m of 0.75% Cu at Los Chapi­tos

Stockwatch Daily - - MINES & METALS - Mr. Ken McNaughton re­ports

CAMINO MIN­ER­ALS Corp. has re­leased re­sults for the first eight di­a­mond drill holes com­pleted on the Atajo zone at its Los Chapi­tos project, lo­cated in south­ern Peru.

Se­lect drill high­lights are:

• DCH-041 in­ter­sected 0.75 per cent cop­per over 17.80 me­tres, in­clud­ing 2.15 per cent cop­per over 3.00 me­tres;

• DCH-046 in­ter­sected 0.83 per cent cop­per over 16.30 me­tres, in­clud­ing 2.09 per cent cop­per over 5.00 me­tres.

Drill holes DCH-041 through DCH-046 were drilled to test for min­er­al­iza­tion be­low the cen­tral and north­ern por­tions of the Atajo zone. All six of these holes in­ter­sected a broad zone of a coarse tec­tonic brec­cia that was lo­cally ce mente d with cop­per ox­ide min­er­al­iza­tion grad­ing up to 6.31 per cent cop­per over 1.0 me­tre. Holes DCH-047 and DCH-050 tested the south­ern ex­ten­sion of Atajo and in­ter­sected the tec­tonic brec­cia but did not con­tain any sig­nif­i­cant cop­per val­ues. Hole DCH-047 in­ter­sected a par­al­lel zone with low-grade val­ues which had been lo­cated as part of the map­ping pro­gram.

The drilling at Atajo has suc­cess­fully out­lined two min­eral trends within the tec­tonic brec­cia that mea­sures ap­prox­i­mately 250 me­tres long, varies from 12 to 50 me­tres wide, and is open to

the north and at depth. Fu­ture work con­tem­plates the com­ple­tion of an IP geo­phys­i­cal sur­vey and ad­di­tional drilling to fur­ther de­lin­eate the ex­ist­ing min­er­al­iza­tion and po­ten­tially lo­cate its source.

Else­where on the project, one drill has con­tin­ued work­ing at Adri­ana where it has com­pleted one fan of stepout drill holes to the south­east, and is in the process of com­plet­ing a sec­ond fan of holes. The sec­ond drill was moved to the Vicky zone, lo­cated four kilo­me­tres south­east of Adri­ana, where it has been drilling two re­gional holes test­ing sev­eral sur­face show­ings and their as­so­ci­ated geo­phys­i­cal tar­gets. As­says for this drilling will be re­leased when avail­able. To date, the com­pany has com­pleted over 15,000 me­tres of di­a­mond drilling at Chapi­tos since work be­gan in May of this year.

(See COR Ta­ble 1 on page 5)

An­a­lyt­i­cal pro­ce­dures for sol­u­ble cop­per have been re­vised to now in­clude a se­quen­tial leach first for ox­ide cop­per and then for sec­ondary sul­phide min­er­als such as chal­cocite and bor­nite. The com­pany has com­pleted re­anal­y­sis of a se­lect amount of sam­ples from ear­lier drilling. Where sec­ondary sul­phides were present, the amount of sol­u­ble cop­per in­creased sub­stan­tially. Camino will re­an­a­lyze all of the min­er­al­ized in­ter­vals from holes DCH-001 through DCH-040 over the com­ing months and re­port the re­vised sol­u­ble cop­per val­ues when the anal­y­sis has been com­pleted.

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­

Guillermo Lozano Chavez, Robert Ernest Gor­don Davis, Pi­eter Jo­han Adri­ann de Visser, Olav Lan­ge­laar, Ken­neth Charles McNaughton, Joseph John Ovsenek

(COR) Shares: 52,917,380

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