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Camino to Commence Drill Pad Construction at New High-Grade Copper Drill Targets at Los Chapitos, Peru
VANCOUVER, BC / ACCESSWIRE / March 31, 2022 / Camino Corp. (TSX-V:COR)(OTC PINK:CAMZF)(WKN...
About this update from Camino Minerals Corporation
[{"type":"text","content":"Camino to Commence Drill Pad Construction at New High-Grade Copper Drill Targets at Los Chapitos, PeruVANCOUVER, BC / ACCESSWIRE / March 31, 2022 / Camino Corp. (TSX-V:COR)(OTC PINK:CAMZF)(WKN:A116E1) (\"Camino\" or the \"Company\") is pleased to announce that it plans to commence road building and pad preparation at its drill targets next week at its Los Chapitos copper project in Peru. The Company has now received authorizations from the General Directorate of Mining (DGM) of the Ministry of Energy and Mines, which authorizes the company to start activities. Camino expects to commence drilling in May 2022.HighlightsStart of Activities permit received to commence earthworks at Los Chapitos.Lourdes Target-manto grades up to 4.16% Cu and 26.9 ppm Ag in channel samples.Condori Target-breccia grades up to 3.94% Cu and 24 ppm Ag in artisanal mining samples.\"Our drilling will test new areas to the north along the 8 km mineralized copper trend characterized by historical high-grade copper and silver artisanal mining activities,\" said Jay Chmelauskas, CEO of Camino. \"We see district-scale property potential at Los Chapitos with many copper outcrops and bulk tonnage manto-style showings in the newly permitted areas. Our drill targeting, which is based on geophysics, field work, and geochemical analysis, is designed to step out several kilometres from previous drilling to find new zones of copper mineralization.\"The new drill targets at Lourdes and Condori show green copper oxides filling the breccia matrix as well as joints and faults visible at surface. The copper oxidized breccia matrix is common in the previously drilled Adriana discovery (see news release dated April 18, 2017). Along with the main copper mineralization which trends Northwest we are targeting structures that trend North-South and North-East that could provide additional conduits for mineralization. The Lourdes-Condori Zone extends over 1.5 km and begins to outcrop at Lourdes 1.4 km Northwest from the northern sector of the previously drilled Adriana copper zone (see Figure 1).The Lourdes target mineralization grades of up to 4.16% Cu and 26.9 ppm Ag were found in channel sampling intervals of 1.3 to 2 metres. The manto mineralization in Lourdes is coincident with regional stratigraphy of the Chocolate Formation and very well defined in the Lourdes zone. The Condo...