Camino Reports Drill Results from Atajo Zone
Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6
Phone: 604-566-8778 | Fax: 604-558-4784 | Email: [email protected]
______________________________________________________________________________
NEWS RELEASE
#28-2017
December 6, 2017 TSX Venture Symbol: COR
CAMINO REPORTS DRILL RESULTS FROM ATAJO ZONE
Camino Minerals Corporation (“Camino” or the “Company”) (COR: TSX -V) is pleased
to report results for the first eight diamond drill holes completed on the Atajo Zone
(“Atajo”) at its Los Chapitos Project (“Chapitos”), located in southern Peru.
Select drill highlights are:
• DCH-041 intersected 0.75% copper over 17.80 meters, including 2.15% copper
over 3.00 meters;
• DCH-046 intersected 0.83% copper ove r 16.30 meters, including 2.09% copper
over 5.00 meters.
Drill holes DCH-041 through DCH-046 were drilled to test for mineralization below the
central and northern portions of the Atajo Zone. All six of these holes intersected a
broad zone of a coarse tec tonic breccia that was locally cemented with copper oxide
mineralization grading up to 6.31% copper over 1.0 meters. The zone has been intruded
by late stage dikes which are barren of any mineralization. This style of mineralization
is very similar to th e Katty Zone, located 2 kilometers southeast of Adriana. Holes
DCH-047 and DCH -050 tested the southern extension of Atajo and intersected the
tectonic breccia but did not contain any significant copper values. Hole DCH -047
intersected a parallel zone with low grade values which had been located as part of the
mapping program.
The drilling at Atajo has successfully outlined two mineral trends within the tectonic
breccia that measures approximately 250 meters long, varies from 12 to 50 meters wide,
and is open to the north and at depth. Fu ture work contemplates the completion of an
IP geophysical survey and additional drilling to further delineate the existing
mineralization and potentially locate its source.
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Elsewhere on the project, one drill has continue d working at Adriana where it has
completed one fan of step out drill holes to the southeast, and is in the process of
completing a second fan of holes. The second drill was moved to the Vicky Zone ,
located 4 kilometers southeast of Adriana , where it has been drilling two regional holes
testing several surface showings and their associated geophysical targets. Assays for
this drilling will be released when available. To date, the Company has completed over
15,000 meters of diamond drilling at Chapitos since work began in May of this year.
Analytical procedures for soluble copper have been revised to now include a sequential
leach first for oxide copper and then for secondary sulphide minerals such as chalcocite
and bornite. Both oxide and secondary sulph ide mineralization are potentially
recoverable in a copper heap leach operation. The Company has completed reanalysis
of a select amount of samples from earlier drilling . Where secondary sulphides were
present, the amount of soluble copper increased sub stantially. Camino will re -analyze
all of the mineralized intervals from holes DCH -001 through DCH-040 over the coming
months and report the revised soluble copper values when the analysis has been
completed.
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.
Table 1: Selected Diamond Drill Results, (1,2)
Hole
Number
Pad #
Dip/Azimuth
(degrees)
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Soluble
Copper
(%)
Atajo Zone
DCH-041 AT-01 28.50 46.30 17.80 0.75 0.58
Incl. -45/270 40.30 43.30 3.00 2.15 1.87
137.60 145.50 7.90 0.32 0.27
DCH-042 AT-02 66.60 76.20 9.60 0.45 0.33
-45/90 107.70 117.50 9.80 0.21 0.10
DCH-043 AT-01 45.15 55.40 10.25 0.53 0.35
-45/300 106.50 119.70 13.20 0.55 0.39
Incl. 106.50 110.70 4.20 1.08 0.87
DCH-044 AT-02 61.10 64.10 3.00 1.02 0.82
-60/90
DCH-045 AT-02 85.30 98.15 12.85 0.89 0.67
Incl. -45/45 85.30 89.70 4.40 2.24 1.71
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Hole
Number
Pad #
Dip/Azimuth
(degrees)
From
(meters)
To
(meters)
Interval
(meters)
Total
Copper
(%)
Soluble
Copper
(%)
DCH-046 AT-01 48.40 64.70 16.30 0.83 0.64
Incl. -45/225 51.20 56.20 5.00 2.09 1.68
78.90 80.25 1.35 2.02 1.89
DCH-047 AT-03 88.50 89.10 0.60 2.98 2.66
-45/260 157.00 167.10 10.10 0.19 0.07
DCH-050 AT-04 NSV
-45/80
(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 soluble copper by a sequential leaching. The samples are first agitated at
room temperature in a 5% sulphuric acid solution with the copper content measured by AA. The tails from the acid
leach are then agitated in a 10% sodium cyanide solution with an AA finish to determine the amount of copper
contained in secondary sulphides such as chalcocite and bornite. 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 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”
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planned exploration activities, the adequacy of our financial resources, the estimation of
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