Key facts
| Company | Camino Corp. (TSXV: COR) |
|---|---|
| Commodity | Gold |
| Location | Peru |
| Stage | Early exploration |
About Los Chapitos
The Los Chapitos project represents a style of deposit known as IOCG (Iron Oxide-Copper-Gold) that extends down the Peruvian coast into Chile and includes such deposits as Mina Justa (Peru), Mantos Blancos (Chile), and La Candelaria (Chile), to name but a few. IOCG deposits are particularly attractive exploration targets due to their high grades and frequent coproduct metals (gold and silver).
News releases3 on file
Camino Intercepts High-Grade Copper with 76.2m at 0.88% Cu including 16.25m at 2.67% Cu and 6.82g/t Ag at Costa de Cobre in Peru; All Five Reported Drill Holes Intersect Strong Copper Mineralization
Phase 2 drilling at the Costa de Cobre project (formerly Los Chapitos) in Peru returned 76.2m at 0.88% Cu, including 16.25m at 2.67% Cu and 6.82 g/t Ag. All five drill holes along the Diva trend corridor, focused on the Adriana target, intersected strong copper mineralization over a strike length of approximately 400 metres, with a maximum hole depth of 260 metres.
Drill resultsCamino Intercepts High-Grade Copper with 83.5m at 0.94% Cu including 7.1m at 2.13% Cu at Los Chapitos, Peru
Phase 1 drilling of eight holes along the Diva trend corridor at the Los Chapitos copper project in Peru returned 83.5 m @ 0.94% Cu and 10.40 g/t Ag, including 7.1 m @ 2.13% Cu and 34.36 g/t Ag, in hole DCH-125 at Adriana, plus 63.3 m @ 0.62% Cu at Lourdes and 17.6 m @ 0.85% Cu at Adriana in DCH-124. The 1,036.25 m program brings total drilling at Los Chapitos to 28,660 m, with Phase 2 planned for
Drill resultsNittetsu Mining Provides Final $1.5 Million Earn-in Payment for Camino’s Los Chapitos Copper Project in Peru
Receipt of the sixth and final CAD$1.5 million payment from Nittetsu Mining completes Nittetsu's earn-in expenditure requirements under the June 13, 2023 agreement on the Los Chapitos copper project in Peru; after the current drilling program ends, the project converts to a joint venture with Camino holding a 65% participating interest, operatorship and 50% of life-of-mine offtake. Drilling is on
Acquisition