The Prospector News

CAMINO IDENTIFIES A NEW ZONE ALONG THE DIVA TREND

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

CAMINO IDENTIFIES A NEW ZONE ALONG THE DIVA TREND

 

 

 

 

 

Camino Minerals Corp. (TSX-V:COR) is pleased to report that the 2018 soil sampling program has delineated a new target area along the Diva Structural Trend at its Los Chapitos project located in southern Peru.

 

 

The soil sampling program tested a six kilometer-long area along the projection of the Diva Structure and centered on the Adriana Zone (“Adriana”).  A very strong copper anomaly covers Adriana and extends from 600 meters northwest of the zone over to the Katty Zone which is 1,400 meters southeast.  The drill-defined Adriana Zone is presently 600 meters in strike length.

 

 

In addition, a new copper anomaly was delineated starting about 800 meters southeast of Katty and is over 800 meters in strike length.  This new anomaly is in an area which has very little outcrop and has not previously been examined.  The results of the expanded soil survey are shown slides 18 and 19 in the presentation on the Company website at www.caminominerals.com.   

 

 

Kenneth McNaughton, President and CEO, said, “These latest results are extremely encouraging and provide further support for our confidence that Chapitos could host a very large copper oxide deposit similar to Mina Justa located on the same belt of rocks 100 kilometers to the northwest.  

 

 

“We’re very excited to build on our success from last year with the discoveries of Adriana and Katty and now work to connect these two zones and then to expand them into this new area to the southeast.  We’re currently planning sufficient drilling to complete an initial resource estimation before the end of the year.”  

 

The drill is scheduled to arrive at the project around March 20.  It will take three to four weeks to complete this next program, the results of which may set the stage for aggressive follow-up drilling.

 

 

Preliminary metallurgical composites from Adriana and Katty have been collected and sent to a metallurgical lab in Lima for column test work on the soluble copper mineralization and flotation on the sulphides.  Heap leaching with Solvent Extraction Electrowinning has the advantage of having relatively low capital and operating costs.  As the project advances, further metallurgical test work will be completed with an emphasis on recovery of copper by SXEW.

 

 

Kenneth C. McNaughton, M.A.Sc., P.Eng., the President and Chief Executive Officer of the Company, is a Qualified Person (QP) and is responsible for the Chapitos Project exploration program.

 

 

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

 

Posted March 14, 2018

Share this news article

MORE or "UNCATEGORIZED"


Minera’s Copper Subsidiary Acquires Suaqui Verde Copper Project in Sonora, Mexico

Minera Alamos Inc. (TSX-V:MAI) is pleased to announce the executi... READ MORE

April 26, 2024

SILVERCORP TO ACQUIRE ADVENTUS, CREATING A GEOGRAPHICALLY DIVERSIFIED MINING COMPANY BY ADDING THE ADVANCED EL DOMO PROJECT

Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) and Advent... READ MORE

April 26, 2024

Vortex Metals Announces Closing of Upsized Private Placement

Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) is plea... READ MORE

April 26, 2024

Gatos Silver Reports South-East Deeps Drilling Results at Cerro Los Gatos and Announces Executive Appointment

Gatos Silver, Inc. (NYSE:GATO) (TSX: GATO) provided an update on ... READ MORE

April 26, 2024

Eldorado Gold Reports First Quarter 2024 Financial and Operational Results; Steady Start to 2024

Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO) reports the Comp... READ MORE

April 26, 2024

Copyright 2024 The Prospector News