Camino Intersects 1.31% Copper over 82.5 Meters at Adriana
Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6
Phone: 604-566-8778 | Fax: 604-558-4784 | Email: [email protected]
______________________________________________________________________________
NEWS RELEASE
#25-2017
October 2, 2017 TSX Venture Symbol: COR
CAMINO INTERSECTS 1.31% COPPER OVER 82.5 METERS AT ADRIANA
Camino Minerals Corporation (“Camino” or the “Company”) (COR: TSX -V) is pleased
to report results for eight diamond drill holes completed on the Adriana Zone at its Los
Chapitos Project (“Chapitos”), located in southern Peru.
Select drill highlights for the Adriana Zone include:
• DCH-024 intersected 1. 31% copper over 82.5 meters, including 2. 16% copper
over 31.7 meters;
• DCH-034 intersected 0.85% copper over 94.95 meters, including 2. 81% copper
over 6.2 meters and 3.16% copper over 6.15 meters.
Drill holes DCH-024 and DCH-034 were approximately 100 meter step out holes to the
southeast and northwest respectively from hole DCH -012, which i ntersected 0.93%
copper over 96.5 meters, including 2.03% copper over 19.5 meters and 5.01% copper
over 4.5 meters. The most recent drilling continues to add to our understanding of the
structural and lithological controls of the copper mineralization at Chapitos. The
current interpretation suggests the block of very high -grade mineralization formed at
the intersection of the feeder structure and a bed of brecciated volcaniclastic. This high-
grade mineralization remains open along strike in both directions.
Drilling elsewhere on the Adriana Zone continues to confirm the earlier results and
extends the mineralization . Holes DCH -028 and DCH -030 confirmed that the
mineralization below the discovery outcrop extends to depth and is dipping steeply to
the west . Holes DCH -026, DCH -029, and DCH -031, along with hole DCH -024 (all
drilled on the Section 205 from Pad-2A), have expanded the zone of bulk tonnage style
mineralization, within which is hosted zones of higher grade mineralization. The
drilling to date is beginning to outline a substantial body of copper mineralization that
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currently measures over 400 meters by 150 meters which is open at depth and in both
directions along trend.
Work continues on the project with step out drilling underway at the Katty Zone and
additional drilling being planned for the Adriana Zone. The Company also expects to
receive authorization in October to initiate field activities at the Atajo Zone located on a
separate trend six kilometers to the southwest of the Adriana Zone. The Company
recently received approval of its environmental assessment and negotiated a
community access agreement as part of the permit application for drilling at the Atajo
Zone.
Kenneth C. McNaughton , M.A.Sc., P.Eng., is the Qualified Person (QP) responsib le for
the Chapitos project.
Updated drill section s and summary presentation 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-024 Pad-2A 66.50 75.50 9.00 0.36 0.21
-63/205 111.50 137.00 25.50 0.91 0.34
Incl. 113.00 122.00 9.00 1.98 0.78
226.00 308.50 82.50 1.31 0.17
Incl. 263.50 295.20 31.70 2.19 0.11
DCH-026 Pad-2A 196.00 217.00 21.00 0.74 0.69
Incl. -57.5/205 203.50 211.00 7.50 1.15 1.08
248.00 266.50 18.50 0.44 0.19
DCH-028 Pad-2 94.50 134.00 39.50 0.22 0.08
-45/270 161.00 185.50 24.50 1.10 0.67
Incl. 167.50 171.80 4.30 2.54 1.29
DCH-029 Pad-2A 209.00 246.00 37.00 0.31 0.11
Incl. -52/205 231.50 236.20 4.70 0.72 0.23
DCH-030 Pad-2 104.50 127.00 22.50 0.64 0.50
-45/305 137.50 154.00 16.50 0.51 0.12
DCH-031 Pad-2A 61.90 71.00 9.10 0.20 0.09
-70/205 134.80 152.00 17.20 0.16 0.04
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Hole
Number
Pad #
Dip/Azimuth
(degrees)
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Acid
Soluble
Copper
(%)
Adriana Zone
351.90 356.50 4.60 0.37 0.01
DCH-032 Pad-1 55.00 84.20 29.20 0.21 0.13
-45/190 100.50 111.30 10.80 0.18 0.06
148.80 157.80 9.00 0.14 0.04
DCH-034 Pad-1 44.00 63.50 19.50 0.22 0.12
-60/190 63.50 158.45 94.95 0.85 0.43
Incl. 101.50 115.00 13.50 0.99 0.60
and 125.60 131.80 6.20 2.81 1.43
and 152.30 158.45 6.15 3.16 0.43
(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.
About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company . The Company is focused
on the acqu isition and develo pment 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.
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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”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and similar
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 inform ation, 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 encourag ed 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.