Business

Camino Commences Copper Discovery Exploration Drilling at the Los Chapitos Project in Peru

VANCOUVER , BC / ACCESS Newswire / January 22, 2025 / Camino Minerals Corporation (TSXV:C...

articleCamino Minerals CorporationJanuary 22, 20255/company/camino-minerals-corporation/news/camino-commences-copper-discovery-exploration-drilling-at-the-los-chapitos-project-in-peru
Camino Commences Copper Discovery Exploration Drilling at the Los Chapitos Project in Peru

About this update from Camino Minerals Corporation

[{"type":"text","content":"Camino Commences Copper Discovery Exploration Drilling at the Los Chapitos Project in PeruVANCOUVER, BC / ACCESS Newswire / January 22, 2025 / Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) (\"Camino\" or the \"Company\") is pleased to announce the commencement of its exploration campaign at the Los Chapitos Copper Project (\"Los Chapitos\" or the \"Project\") in Peru. The campaign is fully funded through a CAD$1.5 million earn-in payment by Camino's exploration partner at Los Chapitos, Nittetsu Mining Co., Ltd. (\"Nittetsu\") (see news release dated December 12, 2024).\"The Pampero drilling target lies along the major La Estancia fault that extends for over 12km at the Los Chapitos copper project. We are drilling newly identified copper breccias and copper mantos that have been mapped at surface to determine their extension at depth\" said Camino's partner at Los Chapitos, Nittetsu geologist, Yoshikazu Fujimoto. \"Our goal is to intersect bulk tonnages of near-surface copper oxide, with the possibility for copper sulphide extensions at depth.\"The drilling campaign will focus on copper oxide zones and explore potential copper sulphide mineralization. The campaign is planned as 11 drill holes and approximately 1,200 meters in total to be drilled. The campaign will focus on copper mineralization targets along the La Estancia fault that extends for over 12km NW-SE, one of several mineralized trends at Los Chapitos (Figure 2 and Figure 3) (see news release dated October 22, 2024). Geochemical sampling in trench channels show copper oxides grades up to 3.8% Cu and 4.0 ppm Ag.Figure 1. Hydrothermal breccia at Pampero with copper oxides az. 340 and dip 36° East and thickness of 1.5m Figure 2. Location of the main exploration targets. The main goal of the drilling campaign at the Pampero target is to intercept the projected bodies of breccias (Figure 1) or mantos at depth with the copper oxide and sulfide mineralization observed at surface. Surface mineralization observed during mapping includes malachite/atacamite, chrysocolla, chalcopyrite, and specularite (Figure 3), with strong chloritic-sericitic-silice alteration on the surface at the contact of the intrusive bodies of monzonite composition in contact with the Chocolate Formation. The intersection of major structures, such as the La Estancia fault, with other minor s...

More updates from Camino Minerals Corporation