Camino Signs Drilling Contract for its New Permitted Copper Exploration Targets at Los Chapitos, Peru
Camino Corp (OTC PINK:CAMZF) has announced a drilling agreement with AK Drilling International S.A. for a 1,500-metre exploration program at its Los Chapitos copper project in Peru. The drilling aims to explore high-grade copper targets in a newly permitted area, with mobilization scheduled for May 15, 2022. The new drill targets are located near oxidized copper outcrops, potentially extending previous mineralization reported along a significant fault trend. This initiative aligns with Camino's strategy to enhance its copper exploration capabilities.
- Executed an agreement with AK Drilling International for a 1,500-metre drilling program.
- Exploration targets include high-grade copper zones in a newly permitted area.
- Mobilization to the site is planned for May 15, 2022, indicating timely project advancement.
- None.
VANCOUVER, BC / ACCESSWIRE / May 4, 2022 / Camino Corp. (TSX.V:COR)(OTC PINK:CAMZF)(WKN:A116E1) ("Camino" or the "Company") is pleased to announce that it has executed an agreement with AK Drilling International S.A. ("AK"), a Peru-based drilling company, to commence 1,500 metres of core drilling at its Los Chapitos copper project near the coastal town of Chala in Arequipa Department, Peru ("Los Chapitos"). Mobilization to the site is scheduled for May 15, 2022.
Exploration drilling at the new high-grade copper targets at the Lourdes-Condori Zones is in a newly permitted area that has not been previously drilled (see Lourdes Introduction Video here). The Lourdes-Condori drill targets are centered around near-surface high-grade oxidized copper outcrops that are potential extensions of the structurally controlled mineralization reported at the Adriana and Carlotta zones along the 8 km Diva fault trend (see news release dated February 7, 2022).
Picture 1. Road building in the new Lourdes-Condori drilling areas of the Los Chapitos copper project.
About Camino Minerals Corporation
Camino is a discovery and development stage copper exploration company. The Company is focused on advancing its high-grade Los Chapitos copper project located in Peru towards potential resource delineation and new discoveries. Camino is also permitting its recently acquired Maria Cecilia copper porphyry project towards a planned exploration drilling program in 2022. In addition, the Company has increased its land position at its copper and silver Plata Dorada project. The Company seeks to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an electrifying copper intensive global economy. For more information, please refer to Camino's website at www.caminocorp.com.
Jose Bassan MAusIMM (CP) 227922, MSc. Geologist, a Qualified Person as defined by NI 43-101, has reviewed and approved the technical contents of this document. Mr. Bassan has reviewed and verified relevant data supporting the technical disclosure, including sampling and analytical test data.
ON BEHALF OF THE BOARD | For further information, please contact: |
/S/ "Jay Chmelauskas" | Camino Investor Relations |
President and CEO | |
Tel: (604) 493-2058 |
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking information. In making the forward-looking disclosures in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. Forward-looking information in the release includes the completion and results of the drill program at Los Chapitos, including the prospectivity of the Lourdes=Condori Zones. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking information in this release is subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking information. Such risk factors include, among others, that actual results of the Company's exploration activities will be different than those expected by management, that the Company will be unable to obtain or will experience delays in obtaining any required approvals and the state of equity and commodity markets. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Camino Minerals Corp.
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https://www.accesswire.com/700053/Camino-Signs-Drilling-Contract-for-its-New-Permitted-Copper-Exploration-Targets-at-Los-Chapitos-Peru
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