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Camino to begin step-out drilling at Los Chapitos

Published by , Assistant Editor
Global Mining Review,

Camino Minerals Corp. (Camino) has completed and filed on SEDAR an updated NI 43-101 Technical Report for its Los Chapitos project (Chapitos), located in Southern Peru.

The report was authored by David Burga, P.Geo. who is an Independent Qualified Person and is an associate of P&E Mining Consultants Inc.

The report provides an overview of the field work completed to the end of 2017, including the results from the 16 000 m of diamond drilling. It concludes that a substantial amount of follow-up drilling is recommended for step-out and infill drilling on the Adriana Zone (Adriana) and Katty Zone (Katty) 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. According to Camino, the survey has also identified a new area called the Maria Zone (Maria) which starts about 800 m southeast of Katty and extends a further 800 m along strike. This new anomaly is in an area which has very little outcrop and has not previously been examined.

President and CEO of Camino, Kenneth McNaughton, said: “Prospecting along the Maria Ridge has found high-grade copper mineralisation in a series of narrow shears which are interpreted to be the southeast extension of the Diva Structure. Prospecting has also found mineralisation between Adriana and Katty that is following a north-south zone that intersects 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 mobilised to the property and the first step-out hole has been completed 100 m northwest of Adriana. The drill has been moved and will now complete step out 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.

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