Step Out Drilling Connects Adriana and Katty Zones
Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6
Phone: 604-566-8778 | Fax: 604-558-4784 | Email: [email protected]
______________________________________________________________________________
NEWS RELEASE
#13-2018
June 14, 2018 TSX Venture Symbol: COR
OTCQB Symbol: CAMZF
Frankfurt: XC01
STEP OUT DRILLING CONNECTS ADRIANA AND KATTY ZONES
Camino Minerals Corporation (“Camino” or the “Company”) (COR: TSX-V) is pleased to report
results for the final three step out diamond drill holes completed on the Katty Zone (“Katty”)
and Adriana Zone (“Adriana”) at its Los Chapitos copper project (“Chapitos”), located in
southern Peru. This drilling has now shown that Katty and Adriana are related and form a
single system that is over 1,500 meters long. These zones are part of the larger Diva Structural
system which has been traced on surface for over six kilometers.
Selected drill highlights are:
• DCH-064 intersected 0.74% Cu over 12.50 meters, including 1.26% Cu over 3.00 meters;
• DCH-065 intersected 1.34% Cu over 7.60 meters, including 2.02% Cu over 4.50 meters.
Holes DCH-063 and DCH-064 were drilled as step out holes in Katty testing the thickness of the
high grade copper oxide mineralization found near the collars of the 2017 drilling. Both holes
intersected mineralization starting from surface and showed that the Katty mineralization i s
associated with a structure which is parallel to the Diva Structure. As with Adriana, the
mineralization at Katty is both structurally controlled and extends locally into the surrounding
volcanics. It is relatively shallow and currently measures over 200 meters long, up to 40 meters
wide, and over 150 meters deep. Interpretation using the ground magnetic survey shows that
this structure forms the northern limit of Adriana and may extend much further to the southeast
and the northwest.
Hole DCH-065 tested beneath hole DCH-058, both of which are located 100 meters northwest of
last year’s drilling. The high grade copper mineralization DCH-065 is interpreted to be related
to a mineralized splay extending from the Diva Structure at depth. This drilling confirms that
Adriana remains open to the northwest where it dives under barren cap rock. Results from the
2
soil geochemistry survey indicates potential for the zone to continue another 300 to 500 meters
to the northwest.
Kenneth McNaughton, President an d CEO, said, “ Our work to date has shown that Chapitos was
likely formed under the same conditions as Mina Justa which is located 100 kilometers to the northwest.
We are observing the same multiple episodes of alteration, a complex structural history, and copper
mineralization being introduced on a regional scale. The fact that both Adriana and Katty have very little
surface exposure suggests that any one of the numerous anomalies being defined by the ongoing soil
geochemical program has potential to host other significant deposit s of copper mineralization. Our
prospecting and geochemical studies are focused on the definition of new target areas and will continue
over the next couple of months. ”
Field crews have started work on the regional soil sampling program and have completed over
75 line kilometers of sampling to date. Analysis is being done on site using a portable XRF, with
about 5% of the samples also being sent to the lab for subsequent ICP confirmation analysis.
The results for this work will be reported when the program has been completed.
Kenneth C. McNaughton, M.A.Sc., P.Eng., is the Qualified Person (QP) responsible for the
Chapitos project.
Updated drill sections and a 3D video of the Adriana and Katty geology solids 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
(%)
Katty Zone
DCH-063 Kat - 3 2.50 13.30 10.80 0.80 0.71
Incl. -45/218 2.50 7.00 4.50 1.35 1.24
DCH-064 Kat – 3 1.30 13.80 12.50 0.74 0.70
Incl. -60/218 1.30 4.30 3.00 1.26 1.24
Adriana Zone
DCH-065 Pad - 5 49.00 56.60 7.60 1.34 1.19
Incl. -82.5/220 50.50 55.00 4.50 2.02 1.86
250.00 254.50 4.50 0.42 0.02
(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 fi re 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 sequential leaching where they are first agitated at room temperature in a 5% s ulphuric 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.
3
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 limit ation, 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.
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.