Camino Intersects 96.5 Meters Grading 0.93% Copper at Adriana Zone and Expands Katty Oxide Zone
Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6
Phone: 604-566-8778 | Fax: 604-558-4784 | Email: [email protected]
______________________________________________________________________________
NEWS RELEASE
#22-2017
August 22, 2017 TSX Venture Symbol: COR
CAMINO INTERSECTS 96.5 METERS GRADING 0.93% COPPER AT
ADRIANA ZONE AND EXPANDS KATTY OXIDE ZONE
Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) is pleased to
report results for three diamond drill hole s completed on the Ariana Zone and four
holes on the Katty Zone at its Los Chapitos P roject (“Chapitos”) , located in southern
Peru.
Select drill highlights for the Adriana Zone include:
• DCH-012 intersected 0. 93% copper over 96.5 meters, including 2.03% copper
over 19.5 meters and 5.01% copper over 4.5 meters;
• DCH-019 intersected 0.97% copper over 42.0 meters, including 3.31% copper
over 7.5 meters.
Select drill highlights for the Katty Zone include:
• DCH-010 intersected 0.70% c opper over 43.5 meters, including 1.85% copper
over 5.6 meters;
• DCH-014 intersected 1.20% copper over 2 1.4 meters, including 2. 70% copper
over 7.9 meters.
Holes DCH-012, DCH-016, and DCH -019 are the first holes completed from Pad 2A to
drill perpendicular to the initial holes which were drilled from Pad 1 . These holes
confirm the presence of the previously reported high grade copper mineralization,
including hole CHR -002 which intersected 1.30% copper over 106 meters, including
2.12% copper over 38 meters. The results of the diamond drilling suggest two ore
controls are present in the deeper mineralization. First, the Diva Fault appears to be the
re-activation of an earlier , structurally controlled breccia which was cemented with
copper sulphides. Grades in this mineralized breccia range up to 8.30% copper over 1.5
2
meters. This mineralization is interpreted to be the steeply dipping feeder zone for the
Adriana copper system. It has so far been traced for over 400 meters along strike, over
350 meters down dip, and is open along strike and at depth.
Second, c opper also forms magnetite replacement zones spreading out into specific
beds within the andesitic volcanics. This style of mineralization has so far been
intersected up to 150 meters away from t he feeder system. All three holes from Pad 2A
ended in a hypabyssal volcanic which contained finely disseminated magnetite, minor
pyrite, and locally anomalous copper values.
At the Katty Zone, h oles DCH -010, and DCH-014 confirm the presence of a shallow
zone of high grade copper oxide mineralization that is plunging to the south east. The
mineralization has so far been intersected in an area measuring 75 meters long, up to 75
meters wide, and to depths of 100 meters below surface. The copper oxide
mineralization is found in structurally controlled brec cias and transitions into sulphide
mineralization at depth. The zone is open along trend to the south east and at depth.
Work continues on the project with two drills active , both currently working at th e
Adriana Zone, with additional drilling planned for the Katty Zone . Through the end of
the year, the Company expects to complete an additional 8,000 to 10,000 meters of
definition and step- out drilling at the Adriana Zone; 2,000 to 3,000 meters at the Ka tty
Zone; and preliminary drill programs at both the Vicky Z one, 2 kilometers south east of
Katty, and the Atajo Zone, located on a separate trend 6 kilometers to the south west.
An amendment to the existing exploration permit has been filed for the propo sed
drilling at the Vicky Zone. A separate permit application has been filed for the initial
drill program at the Atajo Zone. The Company expects both will be approved in time to
allow drilling in the fourth quarter of this year.
Kenneth C. McNaughton , M.A.Sc., P.Eng., is the Qualified Person (QP) responsible for
the Chapitos project.
Updated drill section s and summary presentation can be found on the company
website at www.caminominerals.com.
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Table 1: Selected Diamond Drill Results, (1,2)
Hole
Number
Dip/
Azimuth
(degrees)
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Acid
Soluble
Copper
(%)
Adriana Zone
DCH-012 -56/229 158.50 163.00 4.50 0.44 0.09
175.00 271.50 96.50 0.93 0.19
Incl. 197.50 217.00 19.50 2.03 0.32
and 245.50 250.00 4.50 5.01 0.31
DCH-016 -65/229 98.50 101.50 3.00 0.29 0.22
141.00 153.00 12.00 0.55 0.43
Incl. 145.50 148.50 3.00 1.23 1.12
187.00 199.50 12.50 0.17 0.15
297.50 306.00 8.50 0.75 0.21
DCH-019 -45/229 186.50 201.50 15.00 0.24 0.08
201.50 243.50 42.00 0.97 0.17
Incl. 222.50 230.00 7.50 3.31 0.10
Katty Zone
DCH-010 -50/68 16.10 21.45 5.35 0.81 0.61
31.00 36.70 5.70 0.51 0.34
82.30 125.80 43.50 0.70 0.54
Incl. 120.25 125.80 5.55 1.85 1.45
130.00 142.80 12.80 0.25 0.19
DCH-013 -55/221 36.50 45.75 9.25 0.67 0.23
DCH-014 -60/68 17.65 39.00 21.35 1.20 1.04
Incl. 17.65 25.50 7.85 2.70 2.46
123.50 141.70 18.20 0.50 0.15
DCH-015 -50/250 NSV
(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.
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About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company . The Company is focused
on the acqu isition 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 McNaughton
President and Chief Executive Officer
Phone (604) 566-8778
http://www.caminominerals.com
Cautionary Note Regarding Forward-Looking Statements and Information
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Forward-looking information may include, but is not limited to, information with respect to our
planned explorat ion activities, the adequacy of our financial resources, the estimation of
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