Camino Minerals Corporation has recently revealed the preliminary results of its drilling and exploration campaign carried out in the summer of 2024 at the Maria Cecilia porphyry project located in Ancash, Peru. The company has focused its efforts on improving access infrastructure and conducting a diamond drill survey, identified as MC24-001, in the area known as Porphyry 1. The initial analyses have detected the presence of copper, molybdenum, silver, and gold along a significant interval, highlighting the continuity of mineralization at notable depths.
During this campaign, mineral zoning in the porphyry system was identified, representing an opportunity for future follow-up drilling. In the first drill hole, a copper grade of up to 0.16% was recorded, with the first 234 meters showing a grade of 0.08% Cu along with gold, silver, and molybdenum. This discovery emphasizes the area’s potential to host significant deposits of these metals.
Camino Minerals CEO, Jay Chmelauskas, emphasized the importance of these findings, mentioning that despite the interception of a wide mineralized zone, the grades found do not fully explain the metal content at the surface, suggesting the possible presence of a larger mineral source within the complex. Exploration also revealed that the Maria Cecilia porphyry system is part of a mineralized structure that extends over five kilometers, connecting with other mineral-rich areas in Peru, as well as the nearby Emmanuel project.
Geological studies in the area have revealed three styles of mineralization, including a high-sulfidation epithermal deposit and a copper-gold porphyry. Observations suggest that the main source of copper mineralization has not yet been accessed, and the exploration potential remains promising.
Drilling at Maria Cecilia has been focused on strategic areas, with the first drill hole carried out in a region known for its visible copper oxides on the surface. The results have provided invaluable information on the presence of potassic alteration and the mineralogical composition of host rocks, such as hornfels, which show higher metal concentrations compared to other rock types.
The Camino team conducts rigorous quality controls on their samples, analyzed by ICP-MS in Lima, ensuring compliance with international standards and reinforcing the reliability of the data obtained. With these promising findings, Camino Minerals continues to evaluate and prioritize its exploration activities, with a focus on fully leveraging its mining resources in Peru and Chile.
Source: MiMub in Spanish