Camino Provides Project Update on Los Chapitos Project
May 18, 2017
Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) is pleased to report that the Phase 2 drill program has started at its Los Chapitos Project ("Chapitos"), located in southern
The diamond drill arrived at the property on May 12 and began drilling a few days later. It is currently set up on Pad #1 and is drilling a twin hole to CHR-002 which intersected 1.30% copper over
106 meters, including 2.12% copper over 38 meters, 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 meters. 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 meters of diamond drilling. Individual holes will range in length from 150 to 450 meters. 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
In addition to the ongoing 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 kilometers northwest of the Adriana Zone. The magnetic survey grid will be expanded to cover the entire 6 kilometers of the eastern
trend of mineralization. Finally, the area covered by IP 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
A summary presentation, including drill plans and sections, can be found on the company website at www.caminominerals.com
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 McNaughtonhttp://www.caminominerals.comCautionary Note Regarding Forward-Looking Statements and Information
President and Chief Executive Officer
Phone (604) 566-8778
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",
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