Camino Intersects 1.14% Copper over 70.3 Meters IN Southeast Step Out Hole at Adriana
Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6
Phone: 604-566-8778 | Fax: 604-558-4784 | Email: [email protected]
______________________________________________________________________________
NEWS RELEASE
#27-2017
November 1, 2017 TSX Venture Symbol: COR
CAMINO INTERSECTS 1.14% COPPER OVER 70.3 METERS IN SOUTHEAST
STEP OUT HOLE AT ADRIANA
Camino Minerals Corporation (“Camino” or the “Company”) (COR: TSX -V) is pleased
to report results for the next five diamond drill holes completed on the Adriana Zone
(“Adriana”) and two holes at the Katty Zone (“Katty”) at its Los Chapitos Project
(“Chapitos”), located in southern Peru.
Select drill highlights for the Adriana Zone include:
• DCH-033 intersected 1. 14% copper over 70.3 meters, including 3.16% copper
over 12.0 meters;
• DCH-036 intersected 0.76% copper over 91.0 meters, including 1.42% copper
over 28.5 meters.
Drill holes DCH -033, DCH-035, and DCH-036 were drilled on S ection 220 from Pad 4,
an approximately 150 meter step out to the southeast from hole DCH -024, which
intersected 1.31% copper over 82.5 meters, including 2.19% copper over 32.7 meters. All
three holes intersected the high grade feeder zone as well as a near surface zone of
stratigraphically controlled oxide copper and chalcocite mineralization. These results
confirm that the diamond drilling at Adriana has intersected a substantial body of oxide
and sulphide copper mineralization that currently measures over 400 meters long by
150 meters wide by 300 meters deep . The Adriana Zone is open at depth and in both
directions along trend. In particular, several surface showings between the Adriana
Zone and Katty Zone suggest good potential for expanding Adriana to the southeast
towards Katty.
Two drills are currently working on the initial drill program at the Atajo Zone, located 6
kilometers to the southwest of Adriana. When that program has been completed, a t
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least one of the drills will be mobilized back to Adriana to complete further ste p out
drilling to the southeast towards the Katty Zone.
At Katty, two additional drill holes ( DCH-037 and DCH -038) were completed which
intersected the near surface oxide copper mineralization found in several of the
previous drill holes. The surface mineralization at Katty is dominantly oxide copper
which has been disrupted by po st mineral dykes and faulting. The mineralization near
the tops of the drill holes appears to be stratigraphically controlled, dipping to the
southwest towards the projection of the Diva Fault. Additional drilling will be required
to test for extensions of this mineralization.
Kenneth C. McNaughton , M.A.Sc., P.Eng., is the Qualified Person (QP) responsible for
the Chapitos project.
Updated drill section s and summary presentatio n can be found on the company
website at www.caminominerals.com.
Table 1: Selected Diamond Drill Results, (1,2)
Hole
Number
Pad #
Dip/Azimuth
(degrees)
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Acid
Soluble
Copper
(%)
Adriana Zone
DCH-033 Pad 4 53.50 63.70 10.20 0.49 0.31
-62.5/218 126.40 136.80 10.40 0.77 0.64
291.40 307.90 16.50 0.18 0.11
316.00 386.30 70.30 1.14 0.21
Incl. 335.70 347.70 12.00 3.16 0.30
DCH-035 Pad 4 118.50 145.50 27.00 0.37 0.33
-52.5/218 258.00 298.50 40.50 0.82 0.14
Incl. 270.50 273.30 2.80 4.26 0.20
DCH-036 Pad 4 88.50 179.50 91.00 0.76 0.47
Incl. -45/218 133.00 161.50 28.50 1.42 0.70
271.00 281.70 10.70 0.48 0.03
Incl. 271.00 272.50 1.50 1.84 0.03
DCH-039 Pad 2 121.90 125.00 3.10 0.94 0.56
-75/140 153.50 169.00 15.50 0.82 0.69
DCH-040 Pad 2 110.40 129.50 19.10 0.17 0.02
-45/140 193.00 206.50 13.50 0.35 0.32
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Hole
Number
Pad #
Dip/Azimuth
(degrees)
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Acid
Soluble
Copper
(%)
Katty Zone
DCH-037 Kat 3, -45/60 13.90 18.50 4.60 1.93 1.28
DCH-038 Kat 3 4.10 14.00 9.90 0.41 0.32
-90/60 19.70 26.00 6.30 0.29 0.14
88.00 95.50 7.50 0.20 0.03
(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 select samples were analyzed for gold using fire assay
with AA finish. 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.
About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company . The Company is focused
on the acqu isition and deve lopment 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
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 reserv es 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
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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.
Forward-looking information is subject to a variety of known and unknown risks, uncertainties
and other factors that could cause actual events or results to differ from those expressed or
implied by the forward- looking info rmation, including, without limitation, those risks
identified in the Company’s annual disclosure materials, filed with the securities regulatory
authorities in Canada and available at www.sedar.com. Readers are encour aged to read these
materials. P rospective investors should not place undue reliance on forward -looking
information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.