Business

Camino Minerals Provides Update for the Los Chapitos Project Including Authorization to Start Drilling at the Atajo Zone

Camino Minerals Provides Update for the Los Chapitos Project Including Authorization to St...

articleCamino Minerals CorporationOctober 24, 20174/company/camino-minerals-corporation/news/camino-minerals-provides-update-for-the-los-chapitos-project-including-authorization-to-start-drilling-at-the-atajo-zone
Camino Minerals Provides Update for the Los Chapitos Project Including Authorization to Start Drilling at the Atajo Zone

About this update from Camino Minerals Corporation

[{"type":"text","content":"\n\n\n\nCamino Minerals Provides Update for the Los Chapitos Project Including Authorization to Start Drilling at the Atajo Zone\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 24, 2017\n\n\n\nTSX Venture Symbol: COR\n\n\n\nVANCOUVER, Oct. 24, 2017 /CNW/ - Camino Minerals Corporation (\"Camino\" or the \"Company\") (COR: TSX-V) is pleased to report on recent exploration activities at its Los Chapitos project (\"Chapitos\"), located in southern Peru, including receipt of the exploration permit to begin the drill program at the Atajo Zone (\"Atajo\"), located 6 kilometers southwest of the Adriana Zone (\"Adriana\").\n\nThe Company recently received the Authorization to Initiate Activities at Atajo from Ministry of Energy and Mines (\"MEM\").  The review of the permit application was completed in less than 6 months reflecting the many positive aspects of Chapitos, which include being in an area very well suited for mineral exploration, a positive working relationship with the local community of Atiquipa, a dedicated effort by Camino staff, and government initiatives to make the review process more effective.  \n\nBoth diamond drills will be mobilized immediately to Atajo to begin delineation drilling.  Work is expected to continue until early December, and will comprise up to 4,000 meters of diamond drilling.  Drill holes will range in depth from 150 to 350 meters.  Atajo has been exposed over a strike length of 400 meters by shallow historical mining activities which reportedly totaled up to 10,000 tonnes of copper oxide material being shipped to a processing plant near the town of Nazca in the 1940's and 1950's.  Surface sampling by the Company returned values averaging 1.57% copper over 64 meters and 2.10% copper over 34 meters. Assays for the drilling will be released as they become available.\n\nThe initial phase of drilling at the Adriana and Katty Zones has been completed with 11,200 meters drilled in 40 holes.  At Adriana, 27 drill holes totaling 8,700 have defined a zone measuring at least 450 me...

More updates from Camino Minerals Corporation