Environmental Assessment Approved FOR Los Chapitos Drill Program and Project Update
Suite 500, 666 Burrard Street, Vancouver, B.C. CANADA V6C 3P6
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NEWS RELEASE
#1-2017
January 10, 2017 TSX Venture Symbol: COR
ENVIRONMENTAL ASSESSMENT APPROVED FOR LOS CHAPITOS
DRILL PROGRAM AND PROJECT UPDATE
Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) is pleased to
report on recent exploration activities at its Los Chapitos project (“Chapitos”), located in
southern Peru , including approval of the Environmental Assessment for the Phase 1
Reverse Circulation (“RC”) drill program on the Adriana and Katty Zones.
The Company has received notice tha t its Declaration de Impacto Ambiental (“DIA”) ,
or Environmental Assessment, has been approved by the Ministry of Energy and Mines
to complete a Phase 1 , RC drill program on the Adriana and Katty zones. T he
Company has also filed with the Public Registry the 5 year community access
agreement negotiated with the Community of Atequipa, as described in the Company’s
news release dated November 22, 2016. This agreement has also been accepted by the
Ministry of Energy and Mines. These documents have been submitted for authorization
to begin field activities, which authorization is expected to be received before the end of
this month.
The Adriana Zone is exposed over an area measuring 75 meters by 150 meters. Chip
sampling over the middle of the zone returned an average grade of 1.28% copper across
68 meters . Magnetic and IP -DAS geophysical surveys indicate that the zone is
potentially larger than exposed and the surficial oxide mineralization will transition to o
sulphides about 250 meters below surface. Th e Katty Zone lies along trend about 1
kilometer to the southeast, measures 50 meters by 125 meters and returned average
values of up to 3.23% copper across 10 meters. Interpretation of the magnetic survey
data shows a structural connection between the Adr iana and Katty zones. The initial
phase of drilling will test below the exposed surface oxide mineralization and continue
to depth into the geophysical anomalies. A summary presentation of the results from
the geophysical surveys, and updated surface sampling, can be found on the
Company’s website at www.caminominerals.com.
Prospecting in the latter part of 2016 resulted in the discovery of a new zone of high
grade copper mineralization. The Vicky Zone is located along the south east extension
of the Adria na – Katty trend. It is characterized by a cluster of narrow shears
containing high grade copper oxide (1.2% to 7.4% copper) , which sit above a
structurally constrained magnetic anomaly, similar to the magnetic anomaly at Adriana.
The mineralization is poorly exposed and activities early this year will include
trenching to further define the exploration potential of this new zone.
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The Company also wishes to announce that it has decided to reduce its holdings in the
Red Beds project , and as such has returned the claims under option to the vendor. In
the Company’s op inion, permitting will require substantially longer than originally
anticipated. Camino will retain the four claims, covering 1,700 hectares, it staked
covering the eastern end of the system. The project will be placed on care and
maintenance.
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 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 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 information, including, without limitation, those risks ident ified in the Company’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
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.