Camino Expands Copper Mineralization at Los Chapitos Project
Suite 500, 666 Burrard Street, Vancouver, B.C. CANADA V6C 3P6
______________________________________________________________________________
NEWS RELEASE
#11-2017
April 25, 2017 TSX Venture Symbol: COR
CAMINO EXPANDS COPPER MINERALIZATION AT LOS CHAPITOS
PROJECT
Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) is pleased to
report results for the remaining three RC drill holes completed at its Los Chapitos
Project (“Chapitos”) , located in southern Peru . All three holes extended the oxide
mineralization along strike or at depth. Hole CHR -004, intersected the same magnetite
rich zone as in hole CHR -002; however, reached the m aximum depth limits of the drill
while still in the magnetite rich zone and did not test the projected horizon of the host
rocks for the sulphide mineralization in hole CHR-002.
Selected drill highlights from the outstanding three RC drill holes at the A driana Zone
include:
• Hole CHR-003 intersected 0.64% copper over 32 meters, including 1.50% copper
over 10 meters; and
• Hole CHR-005 intersected 0.86% copper over 44 meters, including 1.85% copper
over 16 meters.
Holes CHR -003 and CHR -005 were successful in testing for extensions of the surface
oxide mineralization intersected in hole CHR -001. A second intersection in CHR -005,
between 140 and 184 meters , was dom inantly sulphide mineralization, and correlates
with a low grade oxide zone in hole CHR-001.
Hole CHR-004 was an 80 meter step out to hole CHR -002 and successfully intersected
the southern extension of the oxide mineralization starting at 90 meters down the hole.
The hole intersected the ma gnetite rich zone starting at 260 meters; however, the
maximum depth limit of the drill was reached at 360 meters while still in the magnetite
rich zone. The current geological interpretation indicates that hole CHR -004 ended
above the host rocks of the sulphide mineralization. The high grade mineralization in
hole CHR-002, was intersected below the magnetite rich zone.
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All of the RC drill holes experienced significant deviations with drill cutting returns
averaging 70% over the full length of the holes . As a result, the decision was made to
contract a diamond drill to complete the Phase 1 program, which is schedul ed to begin
in early May. Additional diamond drilling will be planned to test for extensions of the
Adriana mineralization and to complete the initial test of the high grade Katty Zone ,
located one kilometer southeast of Adriana.
A summary presentation, including drill plans and sections, can be found on the
company website at www.caminominerals.com.
Table 1: Selected Reverse Circulation Drill Results, (1,2)
Hole
No.
Dip/
Azimuth
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Acid
Soluble
Copper
(g/t)
Comments
Adriana Zone
CHR-003 -50/45 58 90 32 0.64 0.50
Incl. 76 86 10 1.50 1.26
114 124 10 0.61 0.45
160 194 34 0.16 0.10 Ave. Silver = 10.40 gpt
CHR-004 -50/135 90 114 24 0.36 0.13
CHR-005 -68/90 28 68 40 0.45 0.33
Incl. 40 56 16 0.66 0.54
140 184 44 0.86 0.19 Sulphides
Incl. 140 156 16 1.85 0.37 Ave. Silver = 9.75 gpt
(1)True thickness to be determined.
(2)All samples were submitted for preparation and analysis by ALS Chemex at its facilities in Lima, Peru. All samples
were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples over 1%
copper were reanalyzed using four acid digestion with an ore grade ICP finish. Mineralized samples were
analyzed for acid soluble copper by being agitated at room temperature in a 5% sulphuric acid solution with the
copper content measured by AA. One in 20 samples was blank, one in 20 was a standard sample, and one in 20
samples had a sample cut from assay rejects assayed as a field duplicate at ALS Chemex in Lima, Peru. Reverse
circulation cuttings were collected for each 2 meter interval, split in a standard 3 tier Jones splitter producing two
1/8 splits; one sent for assay, and one retained for possible future analysis.
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.
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For further information and investor inquiries, contact:
Ken McNaughton
President and Chief Executive Officer
Phone (604) 566-8778
http://www.caminominerals.com
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Forward-looking information may include, but is not limited to, information with respect to our
planned e xploration activities, the adequacy of our financial resources, the estimation of
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