Highlights:
1.05% total copper and 14 ppm silver over 56 metres in channel sample along azimuth 130-degree, samples name: 'X061522 to X061550' (#29 samples) at
An EIA drilling permit expansion expected in Q2 2023 to open 6,012 hectares for drilling.
'We are stepping out by several kilometers to identify satellite copper oxide deposits starting at the high-grade oxidized copper outcrop at Diana. Diana has surface channel samples of 1.05% Copper (Cu) and 14 ppm Ag over 56 metres with similar high-grade copper to our successful drilling campaign in 2022 where we intercepted 55.5 metres of 0.93% Cu and 6.71 ppm Ag (DCH-097) from surface at the
Head of
A zonation in the elements sodium and potassium that are related to the calco-sodic metasomatism (albitization) and potassium Feldspar-silica, show the same geological conditions in the new target areas as Adriana. The most important phase, which is the copper mineralization episode, is exposed in the
The relationship between the Adriana discovery and the Lourdes-Condori satellite target is related to the Diva Trend fault system, which aligns the silicified bodies identified as Olga and the Condori Silica Cap. The Silica Cap is a potential trap for other buried copper mantos that have not been exposed by weathering (see Figure 2).
Geological modelling shows evidence that the Molybdenum (Mo) and Cobalt (Co) anomalies detected at Gallinazo, Gorro, and Abrahancillo in dioritic bodies are closely related to the Diva Trend system and demonstrate geological similarities to the deep parts of the Adriana model.
About
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
Contact:
Camino Investor
E: info@caminocorp.com
Tel: (604) 493-2058
Neither
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 prospectivity of future exploration work at Los Chapitos and the receipt of new exploration permits. 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.
(C) 2023 Electronic News Publishing, source