Camino Minerals (COR-V) Aug 9, '16 is pleased to announce that it has received regulatory approval to drill at the Lost Cabin project, in south-central Oregon. The Company has received notice from the US Bureau of Land Management (BLM) that it has accepted the plan of operation, described in the Notice for Exploration Drilling, submitted September, 2015.
On February 4, 2015, Camino announced it had optioned the Lost Cabin Project from La Cuesta International Inc., and has since completed a field evaluation of the project. Anomalous gold values were returned from grab samples, including 38.0 gpt and 2.8 gpt gold at the western end of the zone, as well as 5.5 gpt and 1.9 gpt gold in the east. The property lies within the Basin and Range Province in southern Oregon, and covers a layered dome complex. Moderate to intense argillic alteration is exposed for over 3 kilometers in a northwest trending valley. Within the exposed alteration are epithermal quartz veins, stock work, and breccia's, which have potential to host a low-sulphidation, epithermal gold system.
Kenneth C. McNaughton , M.A.Sc., P.Eng., is the Qualified Person (QP) responsible for the Lost Cabin project.
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
For further information and investor inquiries, contact:
Ken McNaughton
President and Chief Executive Officer
Phone (604) 566-8778
info@caminominerals.com
http://www.caminominerals.com |
