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Camino Corp. to Proceed with Resource Delineation Studies at its Los Chapitos Copper Discovery in Peru

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) -   Camino Corp. (TSXV: C...

articleCamino Minerals CorporationMay 26, 20204/company/camino-minerals-corporation/news/camino-corp-to-proceed-with-resource-delineation-studies-at-its-los-chapitos-copper-discovery-in-peru
Camino Corp. to Proceed with Resource Delineation Studies at its Los Chapitos Copper Discovery in Peru

About this update from Camino Minerals Corporation

[{"type":"text","content":"Camino Corp. to Proceed with Resource Delineation Studies at its Los Chapitos Copper Discovery in PeruVancouver, British Columbia--(Newsfile Corp. - May 26, 2020) -  Camino Corp. (TSXV: COR) (OTCQB: CAMZF) (WKN: A116E1) (\"Camino\" or the \"Company\") is pleased to announce the commencement of resource delineation studies for its Los Chapitos copper discovery located in Peru. Initial internal studies will be focussed on several copper mantos that have been identified through drilling and mapping along the 7 km Diva trend. It is anticipated that geostatistical derived grade shells and potential tonnages will be developed to help guide future drilling targets at the project. Solubility ratios will be analysed to define oxides, mixed (transition), and sulphide mineralization. The intent of the exercise is to provide a first phase resource quantification, that if successful, will provide the basis to develop a NI 43-101 compliant resource that would incorporate additional drilling planned at the project. \"We have 58 drillholes with copper mineralization out of our maiden 61 hole drill program. Many of these drillholes are showing the geometry for a potential bulk tonnage manto style deposit,\" said Jay Chmelauskas, President & CEO. \"We will start to delineate potential tonnage and grade models around these copper intersections to guide our efforts to expand the identified mineralization, and to potentially make new discoveries on other manto targets across the property and at depth.\" Resource delineation will initially be focussed in the Area of Pad 1, Pad 2A and Pad 4 (see Plan Map). The selected drill pads are located approximately 150 metres east of the interpreted Diva fault structure (see Section Pad 1, Section Pad 2A and Section Pad 4). Select drillholes collared in this location, DCH-034, DCH-012 and DCH-036, encountered significant copper mineralization across structure drilled toward the Diva Fault. These four holes provide the simple geometry of a potential bulk-tonnage manto. However, over two dozen drillholes have been drilled in this area that will form the basis of the study. Drillhole DCH-001 collared on Pad 1, had significant copper mineralization extend along structure parallel to the Diva fault indicating mineralization continuity between drill Pad 1 and Pad 2A located approximately 180 metres apart. A ...

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