Camino Minerals Begins Drill Program at Los Chapitos Project
Suite 500, 666 Burrard Street, Vancouver, B.C. CANADA V6C 3P6
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NEWS RELEASE
#9-2017
March 29, 2017 TSX Venture Symbol: COR
CAMINO MINERALS BEGINS DRILL PROGRAM AT LOS CHAPITOS
PROJECT
Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) is pleased to
report that drilling has started at its Los Chapitos project (“Chapitos”) , located in
southern Peru. AK Drilling International S.A., based in Lima, Peru, has supplied a track
mounted RC drill rig which was mobilized to site on March 26 and began working the
following day.
The initial program is expected to be completed in about 3 weeks and will total between
2,500 and 3,000 meters of drilling, in 10 holes. The drill h oles are planned to range in
depth from 150 meters to 350 meters. Mineraliz ation at the Adriana and Katty Z ones
will be the principle targ ets of this program. A ssays will be released as they become
available. A summary presentation can be found on the company website at
www.caminominerals.com.
It should be noted that Peru has been experiencing much heavier than normal
precipitation as part of this year’s rainy season. T his has mostly affected th e northern
half of the country. To date, there have been no storms in the region around Chala ,
located in southern Peru, which have affected access to the project or limited our field
activities.
The Company also reports that as approved by the TSX Venture Exchange on March 20,
2017, the Company has completed the debt settlement transaction with Ken
McNaughton, the President and CEO of the Company. A total of 1,500,000 common
shares were issued t o Mr. McNaughton at a deemed price of $0.34 per share, in
settlement of outstanding debt of $510,500. The common shares are subject to a four
month hold period expiring July 21, 2017.
Kenneth C. McNaughton , M.A.Sc., P.Eng., is the Qualified Person (QP) r esponsible for
the Chapitos project.
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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 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 wo rds “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. Whereve r
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 information, including, without limitation, those risks
identified in the Comp any’s annual disclosure materials, filed with the securities regulatory
authorities in Canada and available at www.sedar.com. Readers are encouraged to read these
materials. P rospective investors should not place undu e 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.