1996: The El Camino prospect was discovered in 1996 by Mansfield Minerals Inc.
2000-2001: Teck performed a fast and small exploration program under a joint venture agreement with Mansfield, which included sampling and a small diamond drilling campaign totalling 719 m. Highlights from this 4-drillhole program can be seen in Table 1. Best results in Teck´s trench channel sampling include:
|-TEC-E:||42 m @ 1.33 g/t Au; 0.52 % Cu; 1.11 % Pb; 1.27 % Zn and 41.6 g/t Ag|
includes 26 m @ 2.30 g/t Au; 0.66 % Cu; 1.60 % Pb; 1.40 % Zn and 60.4 g/t Ag
|-TEC-02:||24 m @ 1.00 g/t Au; 0.16 % Cu; 0.13 % Pb; 0.55 % Zn and 15.52 g/t Ag|
includes 6 m @ 1.65 g/t Au; 0.17 % Cu; 1.33 % Pb; 1.70 % Zn and 28.9 g/t Ag
Teck returned the property to Mansfield in 2001.
2002-2007: Mansfield completed several field exploration programs in the area including mapping, systematic soil sampling, and collection of prospective grab samples, Induced Polarization and Ground Magnetometry surveys, trenching and drilling.
2008: The El Camino property was transferred to Pachamama as part of a restructuring of Mansfield.
2012-2016: In 2012 Regulus received this project through the amalgamation with Pachamama and very limited work was done in following years.
2017: Regulus geologists completed a reconnaissance campaign and took six rock chip samples in areas of interest confirming gold and copper mineralization (Figure 2).
2018: The El Camino project, together with Rio Grande, Aguas Calientes and other early stage Argentina projects, was spun out into the new Argentina-focussed pubco, Aldebaran.
Figure 2 : El Camino mining concessions, with location of previous work and samples collected by Regulus.
Exploration potential is open in all directions under colluvium cover, with large areas potentially mineralized still untested to date within the property.
Table 1 : Highlights from Teck Corporation 4 diamond drill hole campaign, totalling 719 m.
|Cu (%)||Zn (%)||Pb (%)||Area|
|FB-003||22.56||37.40||14.84||15.00||0.10||0.20||0.20||Discovery Breccia Zone|
|Including||22.56||24.24||1.68||69.00||0.37||0.35||0.40||Discovery Breccia Zone|
|* Denotes <0.10%|| || || || || || || || |