Camino Starts Step Out Drilling at Los Chapitos and Files Ni 43- 101 Technical Report
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
#09-2018
April 4, 2018 TSX Venture Symbol: COR
OTCQB Symbol: CAMZF
Frankfurt Symbol: XC01
CAMINO STARTS STEP OUT DRILLING AT LOS CHAPITOS AND FILES NI 43-
101 TECHNICAL REPORT
Vancouver, B.C. - Camino Minerals Corp. ("Camino" or the "Company") (COR: TSX -V)
is pleased to announce it has completed and filed on SEDAR an updated NI 43 -101
Technical Report (“the Report”) for its Los Chapitos project (“Chapitos”), located in
southern Peru . The Report was authored by Mr. David Burga, P .Geo. who is an
Independent Qualified Person and is an associate of P&E Mining Consultants Inc.
The Report summarizes the field work completed to the end of 2017, including the
results from the 16,000 meters of diamond drilling. It concludes that a substantial
amount of follow up drilling is recommended for step-out and infill drilling on the
Adriana Zone (“Adriana”) and Katty Zone (“Katty”) as well as follow-up work on the
other regional targets on the Property.
The recently completed soil survey (March 3, 2018 Press Release) has confirmed the
potential to expand Adriana. The survey has also identified a new area called the Maria
Zone (“Maria”) which starts about 800 meters south east of Katty and extends a further
800 meters along strike. This new anomaly is in an area which has very little outcrop
and has not previously been examined. The results of the 2018 soil survey and updated
Adriana geology drill sections are shown in the presentation on the Company website
at www.caminominerals.com.
Kenneth McNaughton, President and CEO, said, “Prospecting along the Maria Ridge
has found high grade copper mineralization in a series of narrow shears which are
interpreted to be the south east extension of the Diva Structure. Prospecting has also
found mineralization between Adriana and Katty that is following a north -south zone
that intersects Diva Structure. We remain very encouraged by the exploration potential
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at Chapitos based on the number of new copper showings that we have discovered along
with the size and intensity of the alteration system”.
A diamond drill has been mobilized to the property and the first step out hole completed
100 meters north west of Adriana. The drill has been moved and will now complete step
out holes to the south east between Adriana and Katty. Additional drilling will be
planned based on the results of these first holes and from the surface evaluation of Maria.
Assays will be released as they become available.
Kenneth C. McNaughton, M.A.Sc., P.Eng., the President and Chief Executive Officer of
the Company, is a Qualified Person (QP) and is responsible for the Los 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 cop per 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, in cluding 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.