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BMG commercial exposes weakness of 'paper gold'
2:28p ET Tuesday, July 19, 2016
Dear Friend of GATA and Gold:
In the end it's a commercial for gold dealer Bullion Management Group in Canada, but getting there is half the fun as it makes the point that "paper gold" really isn't gold at all. "In case of fire," the commercial asks, "which would you rather have -- a fire extinguisher or a picture of one?" The commercial is 3 minutes and 48 seconds long and it's posted at YouTube here:
https://www.youtube.com/watch?v=3vAGG6ghUvA
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Camino Minerals Options the Los Chapitos Project in Peru
and Reports Initial Surface Chip Sample Results
Company Announcement
via Yahoo Finance
Tuesday, July 19, 2016
VANCOUVER, British Columbia, Canada -- Camino Minerals Corp. (COR:TSX-V) announces the signing of the final agreement with Minas Andinas SA, pursuant to which Camino can acquire through a wholly owned subsidiary, Camino Resources SAC, a 100-percent interest in the Los Chapitos project. The property has been expanded by the company and now consists of 10 claims, totaling 12,300 acres and is located 15 kilometers north of the coastal city of Chala, Department of Arequipa, Peru.
Los Chapitos is located in the Peruvian iron oxide copper-gold belt and hosts two mineralized trends. On the western side of the property, small-scale mining was active in the 1940s and '50s that produced high-grade copper oxide mineralization from the Atajo zone. These historical surface workings define a strike length of at least 400 meters. The company completed two chip sample lines across the middle of the zone that returned a length weighted average of 2.10 percent copper and 9.4 grams-per-tonne silver over 38 meters, and 1.57 percent copper and 3.5 grams per tonne silver across 64 meters. The Atajo zone is open along strike and at depth. ...
... For the remainder of the announcement:
http://finance.yahoo.com/news/camino-minerals-signs-agreement-option-100...
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