Camino Identifies a New Zone Along the Diva Trend
Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6
Phone: 604-566-8778 | Fax: 604-558-4784 | Email: [email protected]
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NEWS RELEASE
#08-2018
March 13, 2018 TSX Venture Symbol: COR
OTCQB Symbol: CAMZF
Frankfurt Symbol: XC01
CAMINO IDENTIFIES A NEW ZONE ALONG THE DIVA TREND
Vancouver, B.C. - Camino Minerals Corp. ("Camino" or the "Company") (COR: TSX -V)
is pleased to report that the 2018 soil sampling program has delineated a new target area
along the Diva Structural Trend at its Los Chapitos project (“Chapitos”), located in
southern Peru.
The soil sampling program tested a six kilometer -long area along the projection of the
Diva Structure and centered on the Adriana Zone (“Adriana”). A very strong copper
anomaly covers Adriana and extends from 600 meters northwest of the zone over to the
Katty Zone (“Katty”) which is 1,400 meters southeast. The drill-defined Adriana Zone
is presently 600 meters in strike length.
In addition, a new copper anomaly was delineated starting about 800 meters southeast
of Katty and is over 800 meters in strike length. This new anomaly is in an area which
has very little outcrop and has not previously been examined . The results of the
expanded soil survey are shown slides 18 and 19 in the presentation on the Company
website at www.caminominerals.com.
Kenneth McNaughton, President and CEO, said , “These latest results are extremely
encouraging and provide further support for our confidence that Chapitos could host a
very large copper oxide deposit similar to Mina Justa located on the same belt of rocks
100 kilometers to the northwest.”
“We’re very excited to build on our success from last year with the discoveries of
Adriana and Katty and now work to connect these two zones and then to expand them
into this new area to the south east. We ’re currently planning sufficient drilling to
complete an initial resource estimation before the end of the year.”
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The drill is scheduled to arrive at the project around March 20. It will take three to four
weeks to complete this next program , the results of which may set the stage for
aggressive follow-up drilling.
Preliminary metallurgical composites from Adriana and Katty have been collected and
sent to a metallurgical lab in Lima for column test work on the soluble copper
mineralization and flotation on the sulphides . Heap leaching with Solvent Extraction
Electrowinning (“SXEW”) has the advantage of having relatively low capital and
operating costs. As the project advances, further metallurgical test work will be
completed with an emphasis on recovery of copper by SXEW.
Kenneth C. McNaughton, M.A.Sc., P.Eng., the President and Chief Executive Officer of
the Company, is a Qualified Person (QP) and is res ponsible for the Chapitos Project
exploration program.
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.
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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 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.
Prospective investors should not place undue reliance on forward-looking information.